Technology
Super Micro shares soar 30% after company names new auditor to help keep Nasdaq listing
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer shares jumped more than 30% on Tuesday after the embattled server maker said it named BDO […]
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Bitcoin edges higher as tensions mount between Ukraine and Russia
Thomas Trutschel | Photothek | Getty Images Bitcoin moved higher on Tuesday even as other risk assets sold off amid rising geopolitical tensions between Ukraine and Russia. The price of the flagship cryptocurrency was last higher by less than 1% at $92,003.28, according to Coin Metrics, just below the all-time high of $93,469.08 reached last […]
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Bose buys McIntosh, storied maker of high-end luxury audio equipment
The BOSE display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. David A. Grogan | CNBC Bose Corp. will purchase the McIntosh Group, a deal that will give the Massachusetts-based company control of one of the most storied names in high-end audio. McIntosh will continue to manufacture the high-end audio equipment it is […]
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Microsoft introduces PC that has one job: connect users to their computers in the cloud
Microsoft CEO Satya Nadella watches from the audience during a press briefing at Microsoft’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | Afp | Getty Images Microsoft is previewing a new PC that’s designed to connect corporate workers to their programs and files in the cloud. The Windows 365 Cloud Link is […]
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Nvidia must show Blackwell chip can drive growth in earnings report
Despite rising competition, Nvidia holds 80% of the fast-growing market for artificial intelligence chips as the tech industry’s graphics processing unit, or GPU, of choice for making and deploying generative AI software. What investors will want to see when Nvidia reports its third-quarter earnings on Wednesday is whether it can continue to grow at a […]
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Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
Kelly Steckelberg attends as the John Ritter Foundation for Aortic Health hosts an Evening from the Heart LA 2022 Gala at Valley Relics Museum on May 05, 2022 in Van Nuys, California. Araya Doheny | Getty Images Canva, a high-valued design software startup that competes with Adobe, said Monday that it hired Kelly Steckelberg as […]
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European tech CEOs urge ‘Europe-first’ mentality to counter U.S. dominance after Trump victory
Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit Getty Images LISBON, Portugal — Tech CEOs in Europe are urging the region and all countries to take bolder action to tackle Big Tech’s dominance and counter reliance on […]
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European SpaceX rival raises $160 million for reusable capsule to carry astronauts, cargo to space
The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. Venture capital firms Balderton […]
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Palantir jumps 9% to a record after announcing move to Nasdaq
Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Andreas Rentz | Getty Images Palantir shares continued their torrid run on Friday, soaring as much as 9% to a record, after the developer of software for the military announced plans to transfer its listing to […]
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Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer could be headed down a path to getting kicked off the Nasdaq as soon as Monday. […]
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