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PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

Jaque Silva | Nurphoto | Getty Images Temu, the popular e-commerce app owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on its U.S. iOS store for the second year running, highlighting the massive success that Chinese apps are enjoying in the world’s largest consumer market. ByteDance’s TikTok came in […]

PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies Read More »

Waymo to begin testing in Tokyo, its first international destination

Waymo to begin testing in Tokyo, its first international destination

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company’s first step toward international expansion.  Waymo hasn’t committed to start commercial service in Tokyo yet,

Waymo to begin testing in Tokyo, its first international destination Read More »

Bitcoin rises to new record above 6,000 as investors await this week’s Fed decision

Bitcoin rises to new record above $106,000 as investors await this week’s Fed decision

Omar Marques | LightRocket | Getty Images Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by more than 4% at $105,207.00, according to Coin Metrics. Earlier, it hit a new

Bitcoin rises to new record above $106,000 as investors await this week’s Fed decision Read More »

Venture capitalists bet on Sublime, a startup bringing AI to email security

Venture capitalists bet on Sublime, a startup bringing AI to email security

Across the world, companies rely on Microsoft and Google to administer email accounts for employees. Keeping all those mailboxes secure, however, is a business opportunity. Proofpoint went public in 2012, and as enterprises migrated to the cloud, many adopted the company’s secure email gateway software as a precautionary measure. But private equity firm Thoma Bravo

Venture capitalists bet on Sublime, a startup bringing AI to email security Read More »

ServiceTitan prices IPO at , above expected range, after slow stretch for tech offerings

ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings

Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan. ServiceTitan ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the expected range. The company is set to debut on the Nasdaq on Thursday under ticker symbol “TTAN.” ServiceTitan previously raised its price range to between

ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings Read More »

Facebook, Instagram and other Meta apps go down due to ‘technical issue’

Facebook, Instagram and other Meta apps go down due to ‘technical issue’

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 25, 2024.  David Paul Morris | Bloomberg | Getty Images Meta’s family of apps including Facebook and Instagram were down on Wednesday, resulting in users being unable to access the services. The widespread

Facebook, Instagram and other Meta apps go down due to ‘technical issue’ Read More »

Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip

Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip

A person shows Google Quantum AI’s “Willow” chip, in this undated handout photo obtained by Reuters on December 6, 2024.  Google | Via Reuters Alphabet shares rose 5% during trading on Tuesday, the day after the company hailed its latest quantum computing chip as a “breakthrough.” The Google parent company on Monday revealed “Willow,” a quantum computing

Alphabet shares jump 5% after Google touts ‘breakthrough’ quantum chip Read More »

Michael Saylor’s case for Microsoft buying Bitcoin gets rejected by shareholders

Michael Saylor’s case for Microsoft buying Bitcoin gets rejected by shareholders

Michael Saylor, the billionaire bitcoin investor whose turned his company, MicroStrategy, into a high-risk proxy for the cryptocurrency, has been encouraging Microsoft to use some of its massive cash pile to follow his lead. But shareholders on Tuesday said no. In October, Microsoft told investors that the National Center for Public Policy Research, a conservative

Michael Saylor’s case for Microsoft buying Bitcoin gets rejected by shareholders Read More »

Super Micro gets Nasdaq listing extension, says it can file financials by February

Super Micro gets Nasdaq listing extension, says it can file financials by February

The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Friday that it received an extension from Nasdaq, giving the company until February to maintain its listing on the stock exchange. The stock rose 7% in

Super Micro gets Nasdaq listing extension, says it can file financials by February Read More »

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