Tik Tok creators gather before a press conference to voice their opposition to the “Protecting Americans from Foreign Adversary Controlled Applications Act,” pending crackdown legislation on TikTok in the House of Representatives, on Capitol Hill in Washington, U.S., March 12, 2024. Craig Hudson | Reuters The Supreme Court on Friday will hear oral arguments in […]
Billionaire Frank McCourt’s Project Liberty bids for TikTok
Jakub Porzycki | Nurphoto | Getty Images Just 10 days before the U.S. ban on TikTok goes into effect, businessman Frank McCourt’s internet advocacy nonprofit Project Liberty announced Thursday it has submitted a proposal to buy the social media site from Chinese technology company ByteDance. Project Liberty and its partners, known as “The People’s Bid […]
Amazon workers in North Carolina to hold union vote next month
An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days, at an Amazon fulfillment center in Orlando, Florida, on Dec. 2, 2024. Miguel J. Rodriguez Carrillo | Getty Images Amazon warehouse workers at a site in North Carolina will vote next month on whether to join a union, […]
Hims & Hers donates $1 million to Donald Trump’s inauguration fund
Hims & Hers Health has donated $1 million to President-elect Donald Trump’s inauguration fund, CNBC confirmed Tuesday. The company, which offers a range of direct-to-consumer treatments for conditions like weight loss, erectile dysfunction and hair loss, is the latest in a string of tech companies that have tried to curry favor with the incoming administration. […]
Amazon’s Ring announces smart smoke alarm as CES kicks off
Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Justin Sullivan | Getty Images Amazon‘s Ring is partnering with fire safety product maker Kidde to launch a connected smoke alarm, the company announced Monday at the Consumer Electronics Show in Las Vegas. The companies plan […]
Tenable Chair and CEO Amit Yoran dies after cancer battle
Amit Yoran, CEO and chairman of Tenable H/O Tenable Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54. Yoran’s passing was confirmed by Tenable in a Saturday press release. While the company said his death was unexpected, Yoran went on medical leave early last […]
Microsoft expects to spend $80 billion on AI data centers in FY 2025
Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty […]
Foreign phone sales plunge 47% in China, spelling trouble for Apple
An Apple flagship store in Shanghai, China, October 15, 2024. Cfoto | Future Publishing | Getty Images Sales of foreign phone brands in China plunged in November, according to official data released Friday, underscoring further pressure on Apple, the biggest international handset vendor in the country. In November, foreign mobile phone shipments in China stood […]
Tesla TSLA Q4 2024 vehicle delivery and production numbers
Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers: Total deliveries Q4 2024: 495,570 Total production Q4 2024: 459,445 Total annual deliveries 2024: 1,789,226 Total annual production 2024: 1,773,443 Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023. […]
Bitcoin was the best investment of 2024, but not without its usual volatility
Bitcoin was far and away the best-performing asset class in 2024 as new exchange-traded funds ushered in more widespread adoption and hopes for deregulation under a new presidential administration lifted digital assets to record levels. But owning cryptocurrency also came with its usual unpredictability and dizzying swings, as this month’s trading clearly illustrates. Bitcoin has […]