Technology

Amazon says Prime Day will run July 16 and 17
Technology

Amazon says Prime Day will run July 16 and 17

An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024.  Angus Mordant | Bloomberg | Getty Images Amazon‘s Prime Day mega sale event will return on July 16 and 17, the company announced Tuesday. Like in previous years, Amazon said the event will feature millions […]

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College dropouts raise 0 million to take on Nvidia’s AI chips
Technology

College dropouts raise $120 million to take on Nvidia’s AI chips

Etched co-founders Robert Watchen, Gavin Uberti, and Chris Zhu Etched Nvidia has been the hottest story on Wall Street of late, increasing eightfold in value since the end of 2022 and soaring past $3 trillion in market cap this month. A 2-year-old startup founded by Harvard dropouts has just raised $120 million in venture funding […]

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Cisco is ‘very optimistic’ about its expanding business with China EVs
Technology

Cisco is ‘very optimistic’ about its expanding business with China EVs

Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head told CNBC on Tuesday. The EV segment is the U.S. tech giant’s second-largest for the region […]

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OpenAI walks back controversial stock sale policies, will treat current and former employees the same
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OpenAI walks back controversial stock sale policies, will treat current and former employees the same

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images OpenAI has reversed its policies toward secondary share sales, and will now allow current and former employees to participate equally in annual tender offers, CNBC has learned. The […]

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Oracle warns that a TikTok ban would hurt business
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Oracle warns that a TikTok ban would hurt business

Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its invasion of Gaza, while seeking a way to release hostages […]

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Bitcoin tumbles back to ,000 to begin the week
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Bitcoin tumbles back to $60,000 to begin the week

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto by using Getty Images Bitcoin ongoing its descent to $60,000 on Monday. The price of the flagship cryptocurrency was past down by far more than 4% at $61,211.00, according to Coin Metrics. Before, it fell to $60,666.30, its most affordable amount in much more […]

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China wants EU to scrap prepared larger tariffs and ‘abide by WTO principles,’ condition media reviews
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China wants EU to scrap prepared larger tariffs and ‘abide by WTO principles,’ condition media reviews

GUANGZHOU, CHINA – NOVEMBER 17: A GAC Aion Hyper SSR electrical sporting activities motor vehicle is on screen throughout the Auto Guangzhou 2023 at China Import & Export Reasonable Pazhou Intricate on November 17, 2023 in Guangzhou, Guangdong Province of China. (Photo by Chen Yihang/VCG via Getty Visuals) Vcg | Visible China Team | Getty […]

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Nvidia-backed AI startup Synthesia now allows you make multilingual video clip shows using just your mobile phone or webcam
Technology

Nvidia-backed AI startup Synthesia now allows you make multilingual video clip shows using just your mobile phone or webcam

Synthesia released an possibility to make AI-generated avatars by recording footage of yourself with a webcam or your telephone. Synthesia Synthesia, a British synthetic intelligence startup, on Monday showed off a slew of new product or service updates which include the potential to produce your have Apple-type essential shows with AI avatars by using just […]

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Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap
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Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies. […]

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Tesla has downsized by at least 14% this calendar year immediately after Elon Musk stated layoffs would exceed 10%
Technology

Tesla has downsized by at least 14% this calendar year immediately after Elon Musk stated layoffs would exceed 10%

Elon Musk talking during the Tesla Yearly Shareholder’s assembly in Austin, Texas on June 13th, 2024.  Resource: Tesla Inc.  Tesla’s hefty downsizing in 2023 has lessened its worldwide headcount to just about 121,000 people today, including temps, internal information counsel, indicating that the automaker has slashed a lot more than 14% of its workforce so […]

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