Technology
Google agrees to pay $1.4 billion data privacy settlement to Texas
A Google corporate logo hangs above the entrance to the company’s office at St. John’s Terminal in New York City on March 11, 2025. Gary Hershorn | Corbis News | Getty Images Google agreed to pay nearly $1.4 billion to the state of Texas to settle allegations of violating data privacy rights of the state’s […]
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Affirm shares drop 13% on weak forecast, concerns over CEO’s bet on 0% loans
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares plunged on Friday after the fintech company issued a weak forecast, and investors questioned CEO […]
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Google would need to shift up to 2,000 employees for antitrust remedies, search head says
Liz Reid, vice president, search, Google speaks during an event in New Delhi on December 19, 2022. Sajjad Hussain | AFP | Getty Images Testimony in Google‘s antitrust search remedies trial that wrapped hearings Friday shows how the company is calculating possible changes proposed by the Department of Justice. Google head of search Liz Reid […]
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Bitcoin holds above $100,000 while ether rockets to its best week since 2021
Cryptocurrencies extended their rally to end the week, with bitcoin holding steady above the $100,000 level while ether rallied to its best week since 2021. The price of bitcoin was higher by nearly 2% at $103,144.27 on Friday, according to Coin Metrics. Earlier, it rose as high as $104,324.65, its highest level since Jan. 31. For […]
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Tech’s strong ad sales are showing signs of cracking from Trump’s trade war
Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, Jan. 20, 2025. Kenny Holston | Via Reuters The digital advertising market was sunny enough for investors this past quarter, providing what could […]
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Rippling valued at $16.8 billion as HR software startup raises $450 million, says IPO not imminent
From left, Parker Conrad, co-founder and CEO of Rippling, and Kleiner Perkins investor Ilya Fushman speak at the venture firm’s Fellows Founders Summit in San Francisco in September 2022. Rippling Human resources software startup Rippling said Friday that its valuation has swelled to $16.8 billion in its latest fundraising round. The company raised $450 million […]
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Fortnite applies to launch on Apple’s App Store after Epic Games court win
Fortnite applies to launch on Apple's App Store after Epic Games court win Source
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Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | Reuters Lyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings. During an interview with CNBC’s “Squawk Box,” CEO David Risher said that Lyft isn’t seeing “anything […]
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How Amazon plans to catch Google and Microsoft in the quantum computing race
Another major player has entered the quantum-computing race: Amazon. The tech giant is the latest to make waves in the field with the February announcement of Ocelot, its own quantum chip. Amazon joins fierce competition from familiar rivals in cloud computing as Google, Microsoft and others race after what they say could be their next […]
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Pinterest shares rise 15% on better-than-expected guidance
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $855 […]
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