Internet
HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs
Sopa Images | Lightrocket | Getty Images HP reported second-quarter results that beat analysts’ estimates for revenue but missed on earnings and guidance, in part due to President Donald Trump’s sweeping tariffs. Shares sank 15% after the report. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per share: 71 cents adjusted vs. 80 […]
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Mark Zuckerberg says Meta AI has 1 billion monthly active users
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s artificial intelligence assistant now has one billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday at the company’s annual shareholder meeting. The […]
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Anthropic appoints Netflix Chairman Reed Hastings to AI startup’s board of directors
Reed Hastings speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters Artificial intelligence startup Anthropic said Netflix Chairman Reed Hastings is joining its board of directors. Hastings, who co-founded Netflix in 1997 and served as CEO (and eventually co-CEO) of the streaming giant until […]
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Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk’s startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a […]
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Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s […]
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Ambience announces OpenAI-powered medical coding model that outperforms physicians
Dr. Priti Patel, CMIO at John Muir Health, uses Ambience before starting a patient encounter. Courtesy of Ambience Healthcare Artificial intelligence startup Ambience Healthcare on Tuesday announced a new medical coding model that outperforms doctors by 27%. Ambience uses AI to draft clinical notes in real-time as doctors consensually record their visits with patients. The […]
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Tech conferences are ramping up security to quell employee protests as political tensions rise
Security officers block entrance doors after pro-Palestinian protesters attempted to enter the Microsoft Build conference at the Seattle Convention Center Arch building in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images At Microsoft’s annual Build conference on Tuesday, Executive Vice President Jay Parikh’s keynote was interrupted by an employee protesting […]
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Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race
Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of […]
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Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox robotaxi unit issued a voluntary recall of its software for the second time in a month following a recent crash in San Francisco. On May 8, an unoccupied Zoox robotaxi was […]
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Intuit shares pop 9% on earnings beat, rosy guidance
Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts’ estimates and issued rosy guidance for the full year. Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18% to […]
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