Technology
Cloud stocks are rallying after a punishing start to the year as 2022 outlook brightens
Confluent Co-Founder and CEO Jay Kreps appears at the company’s sales kickoff in Las Vegas on Feb. 8, 2022. Confluent Investors looking to get into beaten-down cloud stocks at bargain basement prices may have missed their opportunity. Scanning the cloud software market, which tanked to start the year, numerous stocks have jumped 50% from their […]
Read More
Blumhouse, studio known for highly profitable horror films, is no longer producing Mattel’s Magic 8 Ball movie
Magic 8 Ball by Mattel Source: Amazon Blumhouse is no longer a producing partner of Mattel’s planned Magic 8 Ball film. On Friday, co-founder and producer Jason Blum told CNBC that the horror production power house was no longer attached to the toymaker’s project. “We developed it for a while, but we are no longer […]
Read More
Transportation Department is losing top auto safety regulator after a few months on the job
Dr. Steven Scott Cliff, nominee to be administrator of the National Highway Traffic Safety Administration, testifies during a Senate Commerce, Science and Transportation Committee confirmation hearing in Russell Building on Thursday, December 16, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Department of Transportation said on Friday that Steven Cliff, the head […]
Read More
Toast shares pop as revenue beats estimates and forecast shows more restaurants are going digital
Toast shares jumped 12% Friday after the restaurant software vendor beat revenue estimates and said the number of locations it serves surged 40% in the second quarter. Toast provides technology that can serve as a restaurant’s operating system across dine-in, takeout, and delivery channels. Its products gained rapid adoption during the pandemic as restaurants moved […]
Read More
Salman Rushdie stabbed in neck in NY attack, ‘Satanic Verses’ scribe airlifted to hospital
Author Salman Rushdie is tended to after he was attacked during a lecture, Friday, Aug. 12, 2022, at the Chautauqua Institution in Chautauqua, NY. Joshua Goodman | AP Author Salman Rushdie was attacked while on stage for a panel in western New York Friday. The New York State Police released a statement regarding the incident: […]
Read More
Your iPhone can identify any song with just a tap. Here’s how to set it up
Taylor Swift Christopher Polk | Getty Images Your iPhone has a useful feature you might not know about. You can identify the song that’s playing on the radio at a bar, in your car or at a friend’s house, all without having to open an app. All you have to do is swipe down and […]
Read More
Samsung exec explains why the company’s folding phones are so important to its business
Samsung Galaxy Z Fold 4 Samsung The head of Samsung’s mobile business, Roh Tae-moon, recently explained to The Wall Street Journal why folding phones are so important to the company’s business. Roh said in the report that Samsung’s foldable phones are attracting three times more brand switchers than Samsung’s regular Galaxy S phones. That means people […]
Read More
Popular meditation app maker Calm reportedly lays off 20% of employees
Edward smith | Getty Images The popular meditation startup Calm, known for its wellness app of the same name, has laid off 20% of its staff, according to The Wall Street Journal, which viewed a memo sent by CEO David Ko to employees on Thursday. Roughly 90 out of 400 Calm employees were laid off, […]
Read More
Dutch detain suspected developer of crypto mixer Tornado Cash
The Tornado Cash website displayed on a laptop and smartphone screen arranged in London, on Tuesday, March 15, 2022. Luke MacGregor | Bloomberg | Getty Images Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on […]
Read More
How to pick the best MacBook so you’re not overspending for what you don’t need
A new MacBook Air running M2 chip is seen displayed during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple has five MacBook computers to choose from, which might be a little daunting if you’re in the market for a new laptop as we hit back-to-school season. […]
Read More