Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | Reuters Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase […]
Meta approves plan for bigger executives bonuses following 5% layoffs Read More »
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Block reported fourth-quarter results on Thursday that fell short of
Block shares fall on profit, revenue miss Read More »
Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center in New York City on Nov. 30, 2022. Michael M. Santiago | Getty Images Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it
Amazon surpasses Walmart in revenue for first time Read More »
Swedish Prime Minister Ulf Kristersson during a press conference on Jan. 17, 2025. Florian Gaertner | Photothek | Getty Images STOCKHOLM — Europe is at risk of becoming a “museum” if it doesn’t soften strict curbs on artificial intelligence technologies and deregulate, Sweden’s Prime Minister Ulf Kristersson said Thursday. “I think we really need to
Microsoft on Wednesday announced Majorana 1, its first quantum computing chip. The achievement comes after the company has spent nearly two decades of research in the field. Technologists believe quantum computers could one day efficiently solve problems that would be taxing if not impossible for classical computers. Today’s computers use bits that can be either
Microsoft reveals its first quantum computing chip, the Majorana 1 Read More »
Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple announced a new iPhone model on Wednesday that is priced lower than its
Apple unveils cheaper iPhone 16e powerful enough to run AI Read More »
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy missed on revenue and gross merchandise sales for the fourth quarter, with the company citing “significant headwinds,” including a pullback on consumer spending. The stock slid more than 9% in morning
Etsy stock tumbles on revenue miss as company reports drop in number of goods sold Read More »
Intel shares rallied more than 10% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The Wall Street Journal reported that Broadcom may consider a play for the company’s chip design and marketing segment, citing people familiar
Intel shares pop 10% on report Broadcom and Taiwan Semi could break up company Read More »
Dell shares jumped to a session high on Friday following a report saying Elon Musk’s startup xAI was getting ready to agree to buy $5 billion in artificial intelligence servers from the hardware maker. The equipment would contain Nvidia‘s GB200 graphics processing units, according to Bloomberg, which cited unnamed sources. Many data center gear manufacturers
Dell shares pop on report of $5 billion deal for AI servers for Elon Musk’s xAI Read More »
Brian Chesky, co-founder and chief executive officer of Airbnb Inc., during a news conference in Los Angeles, California, US, on Wednesday, May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb shares surged 14% and headed for their best day ever after the company reported stronger-than-expected fourth-quarter earnings. The stock debuted on the Nasdaq
Airbnb pops 14%, heads for record rally on earnings beat Read More »
