Technology
Waymo opens robotaxi service to anyone in Los Angeles, marking its largest expansion yet
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Alphabet-owned Waymo is removing the waitlist for its self-driving service in Los Angeles, marking its largest expansion yet. Starting Tuesday, anyone in LA will be able to use the Waymo One app […]
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Apple needs all four of its iPhones to be popular if it’s going to reignite sales
A series of iPhone 16s on display inside the Apple store at Tun Razak Exchange in Kuala Lumpur, Malaysia, on Sept. 20, 2024. Annice Lyn | Getty Images News | Getty Images One of the first things Steve Jobs did when he returned to Apple in 1997 was simplify Apple’s product lineup. At the time […]
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Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’
The Oura Ring 4. Courtesy: Oura LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung’s smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst […]
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SoftBank posts blowout quarterly gains at Vision Fund tech arm
The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen […]
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European Google rivals partner on search engine infrastructure to counter Big Tech
A Google logo displays on a smartphone screen and the European flag on a computer screen. Nikolas Kokovlis | Nurphoto | Getty Images LISBON, Portugal — Ecosia and Qwant, two search engines competing with Google, announced a partnership Tuesday to build a European search index and reduce their dependence on U.S. Big Tech firms. The two […]
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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 […]
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IAC exploring spinoff of home improvement marketplace Angi
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images IAC said Monday it’s exploring a spinoff of Angi, an online platform that connects consumers with a marketplace of home improvement service providers in their area, like electricians and landscapers. Angi stock price was down nearly 4% in after-hours trading on Monday. IAC shares […]
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Tesla shares pop 8% as postelection rally continues
Elon Musk embraces Republican presidential nominee and former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares popped roughly 8% on Monday, continuing to ride a postelection rally as President-elect Trump, closely allied with CEO Elon Musk, […]
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Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Bitcoin hit another high on Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win. By 5:30 a.m. ET, bitcoin was trading 3.6% higher at $82,171, according to Coin Metrics. It comes after the flagship cryptocurrency touched $80,000 on Sunday for the first […]
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Fintechs Upstart and Toast soar on earnings
Chris Comparato, CEO, the Toast, Inc. IPO at the New York Stock Exchange, on September 22, 2021. Source: NYSE Upstart, which uses artificial intelligence to inform online lending decisions, soared 46% on Friday, its best day in over three years. Toast, which sells payments technology to restaurants, jumped 14%, closing at its highest since 2021. […]
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