Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Facebook parent company Meta on Thursday was hit with a major investigation from the European Union into alleged breaches of the bloc’s strict online content law … Read more
15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Karl-Josef Hildenbrand | Picture Alliance | Getty Images German technology giant Siemens on Thursday reported a drop in profit at its industrial business in the fiscal second quarter and said its automation division had slowed. The company’s industrial profit … Read more
Shailendra Singh, managing director of Peak XV Partners. Lionel Ng | Bloomberg | Getty Images India offers a “very favorable” environment for companies to launch initial public offerings, said Shailendra Singh, managing director at Peak XV Partners, formerly Sequoia Capital India & Southeast Asia. “My general view is, especially in Indian public markets, the regulatory … Read more
Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Stefan Wermuth | Bloomberg | Getty Images Cisco reported earnings and revenue for the fiscal third quarter that topped Wall Street’s estimates, even with sales dropping from a year earlier. The … Read more
Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024. Joan Cros | Nurphoto | Getty Images Dell shares rose over 9% on Wednesday to an all-time high after Morgan Stanley raised its price target and predicted the company would rake in … Read more
A driverless robotaxi autonomous vehicle developed by Baidu Apollo driving along a street in Beijing. Jade Gao | Afp | Getty Images SHANGHAI — Chinese tech company Baidu said Wednesday its Apollo Go robotaxi arm expects to turn profitable next year. The projection comes as Elon Musk has emphasized his plans to build up Tesla’s … Read more
TikTok 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 Eight TikTok creators sued the U.S. government Tuesday to block the … Read more
Google’s latest I/O conference was an absolute slurry of AI promises. The company took so many stabs with new AI models, showing off new AI capabilities that integrate Gemini into every single Google product or service under the sun. But take enough shots, and the law of averages says at least one will hit the … Read more
Scientists are inching closer to making telepathy a reality. In a new study published this week, researchers claim to have created a device that can read and translate a person’s internal speech. The findings only show modest success so far, however, and there are still many hurdles remaining before such devices can have practical applications. … Read more
The logo of the Google I/O developer conference can be seen at the venue in Mountain View, Calif. on May 14th, 2024. Picture Alliance | Picture Alliance | Getty Images Google is using its annual developer conference to showcase what the company is calling its lightest and most efficient artificial intelligence models. At Google I/O … Read more