Nvidia Deepens Push Into AWS’ Turf
Flexport Revenue Drop Showed Extent of Freight Slowdown
Sept. 14, 2023 · 9:33 PM PDT
The venture-backed startup also burned through cash.
Adobe Forecasts 10% Sales Growth, Releases Firefly More Widely
Sept. 14, 2023 · 5:28 PM PDT
The company has been integrating generative AI into several of its flagship products, such as Photoshop.
Microsoft to Host Some Oracle Servers to Speed Customers’ AI Development
Sept. 14, 2023 · 2:30 PM PDT
The agreement is exclusive, making Microsoft the only other cloud provider to host Oracle Database.
Arm Stock Price Pops By Nearly One-Quarter After First Trading Day
Sept. 14, 2023 · 1:25 PM PDT
The share price Arm Holdings ended Thursday at $63.59, up nearly 25% above the initial public offering price, a strong early sign for the tech listing market overall.
Elon Musk’s X Hires Four Former TV and Advertising Executives
Sept. 14, 2023 · 7:37 AM PDT
The new hires are all former colleagues of X CEO Linda Yaccarino from her days at NBCUniversal and Turner.
Arm Prices IPO at $51 a Share
Sept. 13, 2023 · 9:15 PM PDT
Arm's listing will be followed soon by Instacart and Klaviyo. If things go well, the IPO market could pick up.
Google Lays Off Hundreds of Recruiters
Sept. 13, 2023 · 3:31 PM PDT
Google has pared down some teams since cutting 12,000 employees in January.
Amazon Adds Ex-Intuit CEO to Board
Sept. 13, 2023 · 3:01 PM PDT
Brad D. Smith served as Intuit’s CEO from 2008 to 2019 and its executive chairman from 2019 until 2022.
SpaceX’s Starlink Generated $1.4 Billion in 2022 Revenue
Sept. 13, 2023 · 9:26 AM PDT
Starlink revenues have surged since 2021.
European Union Launches Probe Into China’s Subsidies for Electric Cars
Sept. 13, 2023 · 2:38 AM PDT
Europe's anti-subsidy probe comes at a time when Chinese electric car makers are stepping up their efforts to expand globally.
Microsoft Tried—Again—to Buy Yahoo Before Apollo Won the Deal
Sept. 12, 2023 · 3:37 PM PDT
Years after its $45 billion offer to buy Yahoo was rebuffed, Microsoft was the runner up to land Yahoo in 2021.
Apple Unveils iPhone 15 and New Watch Models, Emphasizing Sustainability
Sept. 12, 2023 · 12:52 PM PDT
The Apple Watch Series 9 is the company’s first carbon-neutral product.
Google Pays More Than $10 Billion a Year For Search Deals, Lower Than Previously Estimated
Sept. 12, 2023 · 12:30 PM PDT
That figure is lower than the $15 billion or $20 billion some analysts estimated Google paid Apple for default status.
Deel Updates Terms of Service to Prohibit Ponzi Schemes
Sept. 12, 2023 · 12:04 PM PDT
Deel had become a popular payment provider for dozens of websites that charge investors to enter simulated trading contests.
Amazon and Flexport Launch Dueling Supply Chain Services
Sept. 12, 2023 · 7:48 AM PDT
Both companies are pitching their products as one-stop-shops for sellers to get items moved from overseas factories all the way to the doorsteps of customers.
Alibaba’s New CEO Urges Company to Embrace AI Revolution
Sept. 11, 2023 · 9:57 PM PDT
Eddie Wu, who took the helm Sunday, said the Chinese e-commerce giant will reinforce its strategic investments in AI-driven tech businesses.
Oracle Touts $4 Billion in AI Contracts But Stock Drops on Slower Growth
Sept. 11, 2023 · 5:34 PM PDT
Oracle’s stock fell more than 9% in after-hours trading as the company disclosed lower revenue growth for the current quarter, in part because it can't open data centers fast enough to soak up demand.
AWS Rejected Nvidia’s Power Play in Cloud Services
Sept. 11, 2023 · 5:11 PM PDT
The AI chip designer is leveraging its dominance in AI hardware to compete with traditional cloud providers, including AWS.
Microsoft’s Nadella, Oracle’s Ellison Plan Joint Cloud Announcement
Sept. 11, 2023 · 4:51 PM PDT
The companies have discussed sharing servers to ease the AI chip shortage.
Dimon: Firms Wary of Down Rounds Should ‘Grow Up’
Sept. 11, 2023 · 11:15 AM PDT
JPMorgan CEO also takes aim at new proposed capital rules
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