Tech Business3 Min Read Caleb OgwucheonAugust 2, 2024 Amazon: Revenue Forecast Below Wall Street Targets Amazon.com shares fell nearly 8% after reporting slower second-quarter online sales growth and wary buyers exploring cheaper options The…
Tech1 Min Read Caleb OgwucheonAugust 2, 2024 Turkey Blocks Instagram Access Without Explanation On Friday, Turkey’s infotech authority announced that Instagram and its mobile app were disabled without a cause or duration The action…
AI Business Tech2 Min Read Caleb OgwucheonAugust 2, 2024 AI Threatens Striking U.S. Video Game Actors Jobs Striking video game voice actors and motion-capture performers held their first picket on Thursday in front of Warner Bros. Games and said…
Tech Business3 Min Read Caleb OgwucheonAugust 2, 2024 Intel to Cut 15% of Jobs, Suspend Dividend As part of the turnaround of its money-losing manufacturing sector, Intel announced on Thursday that it would cut 17,500 jobs and suspend its…
Tech Business2 Min Read Caleb OgwucheonAugust 1, 2024 Atos H1 Operating Loss Increases After Charge On Thursday, French technology company Atos reported a first-half operating loss due to impairment costs and lower revenues due to weaker…
Business AI Tech3 Min Read Caleb OgwucheonAugust 1, 2024 Arm Stock Falls 11% on Tepid AI Outlook On Wednesday, Arm’s conservative sales prediction caused a stock selloff as investors were concerned that AI computing spending would…
Tech Business2 Min Read Caleb OgwucheonAugust 1, 2024 Shareholders Sue CrowdStrike Over Major Outage CrowdStrike shareholders sued the cybersecurity business for concealing how its poor software testing caused the July 19 global outage that…
Tech Business Startup2 Min Read Caleb OgwucheonAugust 1, 2024 Worldline Shares Plunge After Outlook Cut Worldline shares fell to an all-time low on Thursday after the French payment technology group lowered its 2024 outlook due to a significant…
AI Business Tech2 Min Read Caleb OgwucheonAugust 1, 2024 AI Boosts Tech Funding, Deepfakes Pose Risk On Thursday, Gallagher Re reported that global financing for insurance technology (insurtech) firms climbed 40% to $1.27 billion in the second…
Tech2 Min Read Caleb OgwucheonJuly 26, 2024 ECB Cyber Test Finds Banks Need Improvement The European Central Bank warned Friday that eurozone banks have “room for improvement” in cyber security, starting with how they…
Tech AI2 Min Read Caleb OgwucheonJuly 26, 2024 Musk to Discuss $5B xAI Investment With Tesla Board Tesla CEO Elon Musk said Thursday that he and the board will examine investing $5 billion in his artificial intelligence venture xAI, raising…
Business1 Min Read Caleb OgwucheonJuly 26, 2024 Toyota to Build EV Battery Plant for Lexus The Nikkei Business newspaper reported that Toyota Motor plans to develop an electric vehicle battery plant in Fukuoka and provide batteries…
Tech Business2 Min Read Caleb OgwucheonJuly 26, 2024 Capgemini Predicts Revenue Drop Amid Auto, Aerospace Slump On Friday, French IT company Capgemini anticipated a surprising drop in yearly revenue, citing a downturn in the automotive and aerospace…
Tech1 Min Read Caleb OgwucheonJuly 26, 2024 CrowdStrike: 97% of Windows Sensors Back Online On Thursday, CrowdStrike CEO George Kurtz claimed more than 97% of Windows sensors are back online nearly a week after a software update…
Tech2 Min Read Caleb OgwucheonJuly 25, 2024 Meta Deletes 63,000 Instagram Accounts in Nigeria For Sextortion Scams Meta Platforms said Wednesday it removed 63,000 Nigerian accounts that attempted financial, and sexual extortion, largely targeting US adult…
Crypto Business1 Min Read Caleb OgwucheonJuly 25, 2024 Bitfarms Adopts New ‘Poison Pill’ After Tribunal Terminates First Bitcoin miner Bitfarms adopted a second ‘poison pill’ on Wednesday after a Canadian tribunal halted the first to prevent Riot…
Tech Business3 Min Read Caleb OgwucheonJuly 25, 2024 Megacap Stock Selloff Reflects Tech Concerns A drop in heavyweight stocks that have driven markets higher this year highlights Wall Street’s sensitivity to Big Tech trade…
AI Startup Tech3 Min Read Caleb OgwucheonJuly 25, 2024 Nvidia Supplier SK Hynix Posts 6-Year Profit High Amid AI Boom On Thursday, Nvidia supplier SK Hynix reported its best quarterly earnings since 2018 and predicted continued strong AI chip demand, including…
Startup Tech4 Min Read Caleb OgwucheonJuly 25, 2024 Taiwanese Rocket Firm Tests Japan’s Space Hub Plans A Taiwanese entrepreneur wants to launch a rocket from Japan by early next year, helping Tokyo become Asia’s space hub In the context of…
Tech1 Min Read Caleb OgwucheonJuly 24, 2024 Hackers Leak Leidos Documents, Bloomberg Reports On Tuesday, a source told Bloomberg News that hackers took internal papers from Leidos Holdings Inc., one of the largest U.S. government IT…