Technology
U.S. rolls out new chip-related export controls as China makes industry advances
Digitally Generated Images Wong Yu Liang | Moment | Getty Images The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. Released by the U.S. Department of Commerce on Friday, the rules cover quantum computers and components; advanced […]
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Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings. Broadcom shares fell 7% in extended trading after guidance was in-line with expectations. Here is how the chipmaking conglomerate did versus LSEG consensus estimates for the quarter that ended Aug. 4: […]
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Salesforce to acquire startup Own for $1.9 billion in cash
Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. Salesforce […]
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Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX
A little over three years ago, private equity investor Orlando Bravo called FTX the “most cutting-edge, sophisticated cryptocurrency exchange in the world,” as his buyout firm helped lead a $900 million investment in the company at a valuation of $18 billion. Bravo now tells CNBC that he and his firm, Thoma Bravo, are permanently out […]
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Google searches are becoming a bigger target of cybercriminals with the rise of ‘malvertising’
Hackers are increasingly using online ads for malicious purposes. Often, it’s happening through routine Google searches. These schemes are dubbed malvertising, and cyber criminals are striking more often and with increased sophistication. In fall 2023, cybersecurity software firm Malwarebytes tracked a 42% increase month-over-month in malvertising incidents in the U.S. All types of brands are […]
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If GPS goes dark, Mesa Quantum has a backup plan
Flight delays in Sao Paolo, Brazil. Truckers led down unsafe routes in Richmond, Vermont. And power grid disruptions throughout Ukraine. These troubles stem from a global communication system highly reliant on GPS satellites and the signals they transmit for essential functions. To ensure that U.S. infrastructure won’t fall apart — even if the nation’s GPS […]
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AI gadgets have been a bust so far. Apple aims to change that
Jaque Silva | SOPA Images | Lightrocket | Getty Images In late 2022, OpenAI’s launch of ChatGPT spurred an explosion of interest in the possibilities for artificial intelligence. Within months, some of the biggest tech companies in the world, including Microsoft, Meta and Google, joined the party, launching their own AI chatbots and generative AI […]
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Tesla says it will launch Full Self Driving product in Europe and China early next year
A Tesla Model S car equipped with Autopilot. David Paul Morris | Bloomberg | Getty Images Tesla said it will launch its “Full Self Driving” driver assistance product in Europe and China early next year. In a post on the X social media platform, Elon Musk’s electric vehicle company on Thursday said that the service […]
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Qualcomm says it’s working on mixed reality smart glasses with Samsung and Google
Ray-Ban Meta smart glasses are powered by a Qualcomm chip. Qualcomm, Samsung and Google are working on smart glasses, according to Qualcomm CEO Cristiano Amon. Nurphoto | Nurphoto | Getty Images Qualcomm CEO Cristiano Amon told CNBC the chip designer is working with Samsung and Google to explore a mixed-reality set of glasses linked to […]
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Amazon is ‘joint employer’ of some contracted delivery drivers, labor group says
A group of Amazon delivery drivers hold a labor strike at the DAX7 Amazon Sortation Center in South Gate. The police became involved due to the hold up of Amazon vehicles. Zoe Cranfill | Los Angeles Times | Getty Images Amazon should be considered a “joint employer” of some of its contracted delivery drivers, a […]
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