Technology
Satya Nadella says as much as 30% of Microsoft code is written by AI
Facebook’s CEO Mark Zuckerberg (L) speaks with Microsoft’s CEO Satya Nadella after posing for a family picture with guests who attend the “Tech for Good” Summit at the Elysee Palace in Paris, on May 23, 2018. Charles Platiau | AFP | Getty Images Microsoft CEO Satya Nadella on Tuesday said that as much as 30% […]
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Samsung’s first-quarter operating profit and revenue beat expectations on smartphone, chip sales
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Samsung Electronics’ operating profit and revenue beat analysts’ estimates Wednesday, as sales of its flagship Galaxy S25 smartphones and as well as memory chips rose. The South Korean company posted a record quarterly revenue, up […]
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Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles
A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Alphabet-owned Waymo and Toyota on Tuesday announced a preliminary partnership to explore bringing robotaxi tech to personally-owned vehicles. “The companies will […]
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Super Micro shares dive after server maker issues weak preliminary financials
Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro shares plunged as much as 19% on Tuesday after the server maker announced preliminary results for the fiscal third quarter that were lower than analysts had projected. Here’s how […]
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Snap plunges 14% on ‘headwinds’ to start quarter, inability to offer guidance
Snap CEO Evan Spiegel speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand. Shares dropped 14% in after-hours trading. Here is […]
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Why Lennar is betting on a startup building backup batteries for Texas homes
In a warming world with increasingly extreme weather events, homeowners are turning to backup batteries for relief and peace of mind. But the backup only lasts only so long, and there’s a bigger problem at play: aging power grids. Enter the virtual power plant, managed through a cloud-based system. It’s a fertile market for a […]
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Shift4 shares surge 11% on earnings beat as fintech stocks climb on results and upgrades
Jared Isaacman, CEO of Shift4 Payments, at the New York Stock Exchange on June 3, 2021. Source: NYSE Fintech stocks were in focus Tuesday as fresh earnings reports and analyst notes drove sharp reactions across the sector. Shift4 Payments and Upstart Holdings surged following upbeat news, while PayPal shares were slightly higher despite delivering a […]
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SpaceX loses bid to control beach access near launch facility in Texas
SpaceX’s mega rocket Starship booster returns to the launch pad during a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025. Eric Gay | AP As SpaceX awaits the results of a critical election that would turn the location of its Starbase launch site into an incorporated Texas city, lawmakers have declined […]
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Amazon says displaying tariff cost ‘not going to happen’ after White House blowback
Packages with the logo of Amazon are transported at a packing station of a redistribution center of Amazon in Horn-Bad Meinberg, western Germany, on Dec. 9, 2024. Ina Fassbender | Afp | Getty Images Amazon said Tuesday it considered displaying import charges on items sold via its site for ultra-discount items, but that the plan […]
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Meta launches standalone AI app to take on ChatGPT
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta Platforms is launching a standalone artificial intelligence app and going head-to-head with ChatGPT maker OpenAI, the company said Tuesday. The news confirms previous CNBC reporting from February, […]
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