Breaking News: Technology
Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime
Govini founder Eric Gillespie urged a person whom he believed to be a dad offering his 10-year-old daughter to be sexually abused to use encrypted chat platforms, a Pennsylvania criminal complaint alleges. “Signal is safer for er small talk,” Gillespie wrote to the purported father, who was actually an undercover law-enforcement agent, according to a […]
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Dell, HPE shares sink after Morgan Stanley downgrades — computer hardware stocks also hit
Igor Golovnov | Lightrocket | Getty Images Data center stocks took a major hit on Monday after Morgan Stanley downgraded seven hardware companies, including Dell and Hewlett Packard Enterprise. The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight. Dell and HPE closed down 8% and 7%, respectively. HP […]
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We don’t have high hopes for this tech stock, but we’re thrilled with this bank
Two portfolio stocks are making news Monday — one in enterprise software and the other in banking. Earnings preview : Bank of America lowered its price target on Salesforce to $305 per share from $325 ahead of quarterly earnings next month. The analysts, who kept a buy rating on shares, cited cheaper multiples across software peers, […]
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Buffett’s Google bet comes 2 decades after billionaire investor ‘inspired’ search giant’s IPO
Key Points Warren Buffett’s Berkshire Hathaway revealed late Friday that it owns a $4.3 billion stake in Google parent Alphabet as of the end of the third quarter. Alphabet shares rallied on Monday and are now up about 50% this year, driven in part by the artificial intelligence boom. Berkshire’s rare bet on a big […]
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AI industry-backed super PAC targets New York Democrat in opening shot of midterms
Assemblymember Alex Bores from Assembly District 73 speaks on the State Capitol Wednesday, May 29, 2025, in Albany New York. Kena Betancur | AP A bipartisan super PAC launched by a slew of artificial intelligence leaders has picked its first target: a Democratic congressional candidate who helped lead an effort to put safety measures on […]
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Take-Two CEO says consoles aren’t going away, but gaming is moving toward PCs
Take-Two Interactive CEO Strauss Zelnick said on Monday that although gaming consoles are not going away, the industry is moving toward PCs in the next decade. “I think it’s moving towards PC and business is moving towards open rather than closed,” Zelnick told CNBC’s “Squawk Box.” “But if you define console as the property, not […]
Read MoreAI is contributing to a memory chip shortage that could hit phones and cars, analysts warn
A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chipmakers and analysts are warning of a memory chip shortage that could hit the consumer electronics and automotive industries next year, as companies prioritize massive demand from the artificial intelligence boom. In […]
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Samsung and other South Korean firms pledge larger domestic investments after U.S. tariff deal
U.S. President Donald Trump is presented with the “Grand Order of Mugunghwa” during a meeting with South Korean President Lee Jae Myung on the sidelines of the Asia-Pacific Economic Cooperation (APEC) leaders’ summit in Gyeongju, South Korea, October 29, 2025. Evelyn Hockstein | Reuters Samsung Electronics and other major South Korean companies on Sunday announced […]
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