Technology
Google teases smart glasses prototype that translates languages in real time
Google AR glasses prototype Google Google CEO Sundar Pichai on Wednesday teased a pair of smart glasses capable of translating languages in real-time. Pichai showed a video demo of the glasses during Google’s I/O developer summit. While they’re still just a prototype, Google suggested the glasses can show live language translations to the person wearing […]
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Roblox pops 10% after initial earnings dip
A child looks back at a banner for Roblox, displayed to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox were up 10% on Wednesday morning, marking a stark turnaround from an initial 10% plunge Tuesday […]
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Coinbase shares dive 16% after revenue miss
Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Shares of Coinbase plunged about 16% on Wednesday morning after the company reported shrinking revenue and declining users. Coinbase said Tuesday that revenue fell 27% […]
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Bitcoin drops below $30,000, as hot inflation report causes investors to shun risky assets
A Bitcoin coin lies on a screen showing the Bitcoin – US dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images The price of bitcoin fell below the $30,000 mark on Wednesday for the second time this week, after new data showed inflation is still running near 40-year highs. Bitcoin fell about 7% […]
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Europe wants to fight online child abuse. Critics fear it may erode privacy
Policymakers have long wrestled with tech giants over the potential abuse of encrypted messaging services such as WhatsApp and iMessage. Chesnot | Getty Images The European Union on Wednesday unveiled tough new proposals that would require online platforms to more aggressively screen and remove child abuse online. Proposed legislation would allow EU countries to ask […]
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Tech is hitting the brakes on hiring, but that doesn’t mean a broader slowdown is coming
San Francisco Compassandcamera | Getty Images U.S. employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider […]
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Roblox shares sink on disappointing revenue and wider-than-expected loss
David Baszucki, Co-Founder and CEO, Roblox, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Roblox shares fell about 10% in extended trading on Tuesday after the kids’ video game company issued first-quarter results that trailed analysts’ estimates. Here’s how the […]
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Elon Musk says he would lift Twitter ban on Donald Trump after deal closes
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk said Tuesday he would reverse Twitter’s ban on former President Donald Trump if his acquisition goes through. “Permanent bans should be extremely rare and really reserved for accounts that are bots, or scam, spam accounts… I do think […]
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Apple discontinues the last iPod model
Steve Jobs at Macworld in 2004. Getty Images Apple is discontinuing the iPod touch, the last version of the portable music player it still sells. The announcement ends an era of digital music that Apple kicked off when it first introduced the iPod in 2001, boasting of its ability to hold “up to 1,000 CD-quality […]
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Netflix could introduce ads, crack down on password sharing by the end of this year, source says
Reed Hastings, co-founder, chairman, and co-chief executive officer of Netflix, arrives for the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S. July 6, 2021. Brian Losness | Reuters Netflix could roll out its lower-price, ad-supported tier as early as this year, a source familiar with the matter told CNBC. Netflix […]
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