Breaking News: Technology
Nintendo shares sink 10% as gaming giant faces memory shortage concerns
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches […]
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KKR and Singtel to take full ownership of data center firm STT GDC for about $5 billion
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres for 6.6 billion Singapore dollars ($5.1 billion), KKR said in a statement […]
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Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest CEO Bill Ready rebuked staffers who created an internal tool to track layoffs at the company, and fired those involved. […]
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Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft on Tuesday told employees it was promoting four sales executives, months after the software company made sales leader Judson Althoff CEO of its commercial business. Investors have been […]
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How one country is engineering its way out of a construction cost crisis
A rendering shows Singapore’s new $8 billion Las Vegas Sands development, on the right. Source: Safdie Architects Construction in Singapore has boomed since the pandemic. Several mega projects are underway, with the $8 billion Las Vegas Sands development and a new terminal at Changi Airport both breaking ground in 2025. Another major public sector project […]
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Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman appeared together on CNBC in September to announce a mammoth $100 billion deal that was poised to usher in a new chapter for the booming artificial intelligence industry. Five months later, no contract […]
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Match beats estimates, but issues weak guidance due to AI investments
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Match Group beat fourth-quarter Wall Street estimates on Tuesday but issued weak guidance as it invests in new artificial intelligence initiatives to turn around declining user growth at Tinder. Shares popped during extended trading. The stock closed 8% lower on Tuesday. Here’s how the company […]
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AMD beats on revenue, earnings as overall sales rise 34% driven by AI
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings on Tuesday that topped expectations and provided a stronger-than-expected forecast. The stock fell […]
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Apple adds agents from Anthropic and OpenAI to its coding tool
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images Apple said it’s introducing agentic coding into its flagship coding tool called Xcode, throwing its weight behind one of the hottest trends in Silicon […]
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Intel is moving into GPUs and has hired a chief architect, CEO Lip-Bu Tan says
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel CEO Lip-Bu Tan said Tuesday that the chipmaker has appointed a new chief architect to build out graphics processing units, or GPUs. […]
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