Shares of Intel dropped more than 10% after the chipmaker reported a 22% sales decline compared to last year along with a $454 million net loss for its July quarter, while also slashing its full-year revenue and profit forecast. The results fell far short of the quarterly financial targets Intel set in April and point to a precipitous drop in demand for PCs and servers. On an earnings call,...
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Sequoia, Andreessen and Bessemer’s Beating and Snap’s Selfie Drone
Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
Apple Warns Mac, iPhone, iPad Users of Critical Security Flaws
Snap Halts Development on Its Selfie Drone Pixy
China Lashes Out Against New U.S. Chips Act
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