Breaking News: Technology

Pentagon expects to award up to  billion in cloud contracts in December
World

Pentagon expects to award up to $9 billion in cloud contracts in December

U.S. Defense Secretary Lloyd Austin speaks during a news conference in Tbilisi, Georgia October 18, 2021. Irakli Gedenidze | Reuters The U.S. Defense Department said Tuesday that it plans to award as much as $9 billion in contracts for cloud infrastructure services in December, about eight months later than it expected. The Joint Warfighter Cloud […]

Read More
Apple shares on pace for best daily winning streak since 2003
Technology

Apple shares on pace for best daily winning streak since 2003

CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track to close higher for […]

Read More
SEC charges Twilio engineers with insider trading during early days of pandemic
Technology

SEC charges Twilio engineers with insider trading during early days of pandemic

The Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam […]

Read More
Terran Orbital starts trading on the NYSE with 0 million in outstanding spacecraft orders
Business

Terran Orbital starts trading on the NYSE with $200 million in outstanding spacecraft orders

Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding orders. Terran trades under the ticker LLAP — a reference to the Star Trek saying “live long and prosper” – with shares previously listed under the special purpose […]

Read More
Spotify rolls out Covid disclosures two months after Joe Rogan boycott
Technology

Spotify rolls out Covid disclosures two months after Joe Rogan boycott

The Spotify logo on a smartphone arranged in Saint Thomas, U.S. Virgin Islands, on Saturday, Jan. 29, 2022. Gabby Jones | Bloomberg | Getty Images Spotify is rolling out a Covid content advisory tab on podcasts and other content that mentions the coronavirus. Spotify promised the feature, a small blue tab that directs to its […]

Read More
Google Fiber contractors in Kansas City are first to unionize under Alphabet Worker Union
Technology

Google Fiber contractors in Kansas City are first to unionize under Alphabet Worker Union

A technician gets cabling out of his truck to install Google Fiber. George Frey | Reuters Google Fiber contractors in Kansas City, Missouri voted to unionize Friday, becoming the first workers with bargaining rights under the Alphabet Workers Union. The group of 10 full-time workers are employed by BDS Connected Solutions through Alphabet and work […]

Read More
Spotify pulls out of Russia citing new laws restricting free expression
World

Spotify pulls out of Russia citing new laws restricting free expression

Spotify app Jaap Arriens | NurPhoto | Getty Images Spotify said Friday it’s pulling out of Russia entirely because recent laws restricting news operations could put the streamer’s employees and listeners at risk. It expects operations to be fully suspended by the end of April. Spotify’s decision to pull out of Russia underscores the balance […]

Read More
EU targets U.S. tech giants with a new rulebook aimed at curbing their dominance
World

EU targets U.S. tech giants with a new rulebook aimed at curbing their dominance

Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of U.S. technology giants Meta, Apple, Amazon and Google dramatically. The rules are expected […]

Read More
Nvidia, Intel lead rally in chip stocks as optimism on economy boosts riskier assets
World

Nvidia, Intel lead rally in chip stocks as optimism on economy boosts riskier assets

Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Semiconductor stocks rose on Thursday as investors regained their […]

Read More
Apple is reportedly preparing an iPhone subscription service that could launch this year
Technology

Apple is reportedly preparing an iPhone subscription service that could launch this year

An employee arranges Apple iPhones as customer shop at the Apple Store on 5th Avenue shortly after new products went on sale in Manhattan, in New York City, March 18, 2022. Mike Segar | Reuters Apple is preparing a hardware subscription service for iPhones that could launch as soon as the end of this year, […]

Read More