Today: September 21, 2024
Today: September 21, 2024

Technology

Business|Finance|Technology

T-Mobile lifts subscriber addition target on demand for premium bundled plans

T-Mobile US raised its full-year forecast for monthly bill-paying phone subscriber additions, after seeing more customers than expected in the second quarter on

T-Mobile lifts subscriber addition target on demand for premium bundled plans
Election|Political|Technology

States target AI and deepfakes as election interference threat looms

States target AI and deepfakes as election interference threat looms

States target AI and deepfakes as election interference threat looms
Business|Finance|Stock Markets|Technology

S&P 500, Nasdaq boosted by chip rally, Fed rate cut signals

The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept

S&P 500, Nasdaq boosted by chip rally, Fed rate cut signals
Technology

Edmunds: The best cars you can still get with a manual transmission

Decades ago, the standard transmission was a manual, while that newfangled automatic was optional

Edmunds: The best cars you can still get with a manual transmission
Business|Europe|Finance|Stock Markets|Technology

ASML jumps on hopes it will be spared in next round of US-China chip fight

Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that signalled it may be spared

ASML jumps on hopes it will be spared in next round of US-China chip fight
Business|Finance|Technology

DuPont raises full-year forecasts on strong electronics, AI-tech demand

By Seher Dareen -Industrial materials maker DuPont de Nemours raised its full-year forecasts on Wednesday, benefiting from strong demand for its products used in making electronics and semiconductors

DuPont raises full-year forecasts on strong electronics, AI-tech demand
Asia|Economy|Technology

Taiwan Q2 GDP tops forecasts on AI boom

Taiwan's trade-dependent economy grew more than expected in the second quarter thanks to stronger demand for new technology, such as artificial

Taiwan Q2 GDP tops forecasts on AI boom
Business|Economy|Europe|Technology

European shares tread higher on ASML, earnings boost

European shares gained on Wednesday with heavyweight ASML jumping on a report that the Dutch chip equipment manufacturer would be exempted from a new

European shares tread higher on ASML, earnings boost
Business|Europe|Finance|Stock Markets|Technology

Microsoft shares fall in Frankfurt after disappointing update

Microsoft's Frankfurt-listed shares fell 2.7% at the open on Wednesday following a disappointing update.

Microsoft shares fall in Frankfurt after disappointing update
Economy|Political|Technology

New US rule on foreign chip equipment exports to China to exempt some allies, sources say

President Joe Biden's administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment

New US rule on foreign chip equipment exports to China to exempt some allies, sources say
Asia|Stock Markets|Technology

Stocks rise; yields, dollar lower as Fed signals rate cut

MSCI'S global equities index registered its biggest daily gain in over five months on Wednesday and the dollar slightly pared losses after the U.S.

Stocks rise; yields, dollar lower as Fed signals rate cut
Business|Technology

Samsung bullish on AI demand as profit soars on higher chip prices

Samsung Electronics forecasted strong artificial intelligence-driven demand for chips in the second half of this year, as it reported a more than 15-

Samsung bullish on AI demand as profit soars on higher chip prices
News|Technology

Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say

Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving” system

Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say
Business|Economy|Stock Markets|Technology

Nvidia shares surge 13%, lift market value a record $330 billion

Nvidia added about $330 billion in stock market value on Wednesday, a record one-day gain for any company on Wall Street after Microsoft and Advanced Micro Devices

Nvidia shares surge 13%, lift market value a record $330 billion
Business|Economy|Technology

Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports

Intel plans to cut thousands of jobs to finance a recovery and cope with eroding market share, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports
Business|Finance|Technology

Tinder parent Match to cut 6% jobs as activist investors seek changes

Match Group will let go about 6% of its staff as part of plans to discontinue live-streaming services on its dating apps, the Tinder parent said on Tuesday, as activist

Tinder parent Match to cut 6% jobs as activist investors seek changes
Business|Finance|Technology

AMD raises forecast for AI chip revenue and sees supplies remaining tight

By Max A.

AMD raises forecast for AI chip revenue and sees supplies remaining tight
Business|Economy|Technology

China's BYD explores Canadian auto market entry -regulatory filing

Chinese EV maker BYD, is looking to enter the Canadian automotive market, according to a regulatory document filed earlier this month, even as Canadian officials consider imposing tariffs

China's BYD explores Canadian auto market entry -regulatory filing
Business|Economy|Finance|Technology

Microsoft's slow cloud growth signals AI payoff will take longer

Microsoft said it would spend more money this fiscal year to build out AI infrastructure even as growth slowed in its cloud business, another sign

Microsoft's slow cloud growth signals AI payoff will take longer
Business|Entertainment|Technology

Electronic Arts forecasts upbeat second-quarter bookings on 'College Football' strength

Videogame publisher Electronic Arts forecast second-quarter bookings above analysts' expectations on Tuesday, citing robust sales of its popular titles such as "EA FC 24"

Electronic Arts forecasts upbeat second-quarter bookings on 'College Football' strength
Business|Finance|Stock Markets|Technology

Pinterest forecasts downbeat revenue as competition grows; shares slump

Pinterest forecast current-quarter revenue below Wall Street expectations on Tuesday as the image-sharing platform faces tough competition in a stabilizing digital advertising

Pinterest forecasts downbeat revenue as competition grows; shares slump
Business|Finance|Technology

Microsoft's cloud business powers 10% growth in quarterly profits

Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology

Microsoft's cloud business powers 10% growth in quarterly profits
Business|Finance|Technology

Wells Fargo appoints new head of technology

Well Fargo has hired former BNY executive Bridget Engle as its new head of technology, according to a release seen by Reuters.

Wells Fargo appoints new head of technology
Business|Europe|Technology

Airbus faces UK criminal probe over potential export control breach

Airbus is facing a criminal investigation in Britain into potential violations of export control rules involving several of its British entities, the aerospace group

Airbus faces UK criminal probe over potential export control breach
Asia|Political|Technology

Pakistan says its own messaging app for secure comms among officials is ready to launch

Pakistan has developed and successfully tested a government messaging app for secure communication among officials, even as it restricts social media use and regularly shuts down internet and mobile phone networks to prevent dissent

Pakistan says its own messaging app for secure comms among officials is ready to launch

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