Category: Technology

Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase | Picture Alliance | Getty Images With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company […]

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the third quarter, driven by growth in its cloud computing and advertising businesses. The stock was up about 7% on Friday morning. Here […]

Uber reported third-quarter results on Thursday that beat Wall Street’s expectations for revenue but missed on analysts’ projections for gross bookings. Shares of the company were down more than 7% on Thursday morning. Here’s how the company did: Earnings per share: $1.20 vs. 41 cents expected by LSEG. Revenue: $11.19 billion vs. $10.98 billion expected […]

Sopa Images | Lightrocket | Getty Images Super Micro’s shares plunged as much as 35% Wednesday morning after the company disclosed its auditor had resigned following months of disagreement with the firm over its governance and board independence. Ernst & Young in its resignation letter said it was “unwilling to be associated with the financial […]

Omer Taha Cetin | Anadolu | Getty Images Bitcoin climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 2% at $71,048.36, according to Coin Metrics. Ether jumped 5%. Stocks tied to the price of the cryptocurrency […]

Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images LONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise, was slapped with a £350,000 ($454 million) fine by financial regulators in the U.K for failing to report an issue with his tax filings. Käärmann, who co-founded Wise in […]

People looking for missing bags wait in line to speak with Delta Air Lines baggage in the Delta Air Lines baggage claim area Los Angeles International Airport (LAX) on July 24, 2024 in Los Angeles, California.  Patrick T. Fallon | AFP | Getty Images Delta Air Lines on Friday filed a lawsuit against CrowdStrike in […]

Traveling through Italy, I used ChatGPT as a tour guide for the moments where my mom and I wandered into interesting little corners, alleys and buildings where our curiosity was piqued with no tour guide around. Salvador Rodriguez/CNBC As I stood with my mom under the blistering sun in Rome waiting for our audio tour […]

In 2018, police showed up at a nondescript industrial warehouse in New York’s Brooklyn Navy Yard to investigate reported counterfeits.  Federal agents were looking for knockoff military gear as part of an investigation into a distributor, called California Surplus, that had secured a $20 million contract to supply the U.S. military with specialized uniforms. They’d […]

Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world’s biggest […]