Internet
Astronomer CEO Andy Byron resigns after viral Coldplay kiss-cam controversy
Chris Martin of Coldplay performs at the O2 Shepherd’s Bush Empire on October 12, 2021 in London, England. Simone Joyner | Getty Images Entertainment | Getty Images Astronomer, the technology company that faced backlash after its CEO was allegedly caught in an affair at a Coldplay concert, said the CEO has resigned, the company announced Saturday. […]
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Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. Friday’s sale is part […]
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Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset […]
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The investor behind Opendoor’s 190% run nearly shut down his fund
On June 6, online real estate service Opendoor was so desperate to get its beaten-down stock price back over $1 and stay listed on the Nasdaq that management proposed a reverse split, potentially lifting the price of each share by as much as 50 times. The stock inched its way up over the next five […]
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Amazon cuts some jobs in cloud computing unit as layoffs continue
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon is laying off some staffers in its cloud computing division, the company confirmed on Thursday. “After a thorough review of our organization, our priorities, and what […]
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Taiwan Semi is speeding up U.S. chip production due to demand, CEO says
Signage for Taiwan Semiconductor Manufacturing Company (TSMC) at it’s fabrication plant in Phoenix, Arizona, US, on Monday, March 3, 2025. Rebecca Noble | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company CEO C.C. Wei on Thursday said the company is seeing “strong interest” from its leading U.S. customers and is working to speed up its […]
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Elon Musk gets more time to respond to SEC suit over Twitter disclosure
Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison Robbert | Getty Images The Securities and Exchange Commission has agreed to give Elon Musk more time to respond to its lawsuit over his alleged […]
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Roblox launches new age verification system to unlock unfiltered chats
Rafael Henrique | Lightrocket | Getty Images Roblox announced the start of age-verification technology Thursday for users who want to chat more freely on the social-gaming platform as part of its new “trusted connections” feature. Roblox Chief Safety Officer Matt Kaufman said that the company felt it was the right time to implement age-estimation software […]
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Meta and Google are laying a web of globe-spanning subsea cables. We found out what’s involved
U.S. hyperscalers Meta and Alphabet ‘s Google are rolling out a fast-growing web of transcontinental subsea cables, looking to keep pace with ever-increasing bandwidth demand and artificial intelligence workloads. Submarine cables are the backbone of the world’s internet and telecommunications infrastructure, enabling everything from international phone calls to financial transactions. While satellites play a complementary […]
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Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang
Facade with logo at headquarters of Scale AI, San Francisco, California, June 2, 2025. Smith Collection | Gado | Archive Photos | Getty Images Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff. Scale AI’s interim […]
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