Internet
JetBlue to boost in-flight Wi-Fi with Amazon Project Kuiper internet deal
A JetBlue Airways Airbus A321-231 departs San Diego International Airport en route to New York on March 4, 2025 in San Diego, California. Kevin Carter | Getty Images JetBlue Airways plans to install Amazon‘s Project Kuiper on some of its airplanes to bolster in-flight Wi-Fi, the companies announced Thursday, in a vote of confidence for […]
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Affirm’s stock soars 15% on earnings, revenue beat
Key Points Affirm reported earnings per share of 20 cents for the quarter, almost double what analysts expected. The company also reported better-than-expected revenue. Source
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Intel gets $5.7 billion from Trump deal as White House says details are ‘being ironed out’
Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening. Zinsner acknowledged the investment on Thursday during an investor conference. The investment is part of the White House’s decision last Friday to take a 10% stake in the beleaguered computer chip company. Zinser also signaled the […]
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Nvidia stock turns positive in premarket trading as investors buy dip following earnings report
Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia stock briefly turned positive on Thursday during premarket trading after the chipmaker reported better-than-expected earnings and revenue for the fiscal second […]
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YouTube TV, Fox reach short-term extension to prevent channels from going dark
A news ticker outside Fox News headquarters reads: Grand jury votes to indict former President Donald Trump, at the News Corporation building in New York City, U.S., March 31, 2023. Brendan Mcdermid | Reuters Google said Wednesday that it reached a short-term extension with Fox to prevent its channels from going dark on its YouTube […]
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Founder of IRL social media app charged with defrauding investors
Boonchai Wedmakawand | Moment | Getty Images The founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company’s 2021 funding round, the Department of Justice said Wednesday. A federal grand jury in Oakland federal court indicted Abraham Shafi, 38 of Hawaii, with wire fraud, […]
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Google has eliminated 35% of managers overseeing small teams in past year, exec says
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. […]
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Google might lose its $26 billion search deals. Analysts say that could fuel its AI growth
Any day now, a federal judge is expected to issue a landmark ruling that could upend some of the most lucrative deals in Silicon Valley: Google’s default search contracts. At stake is more than $26 billion a year, $20 billion of which goes to Apple. That’s nearly a quarter of Alphabet’s operating income. For decades, […]
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MongoDB stock surges 30% after earnings as company touts customer growth boom
MongoDB shares skyrocketed more than 30% on Wednesday after the database software company posted better-than-expected fiscal results and gave an upbeat forecast. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $1.00 adjusted vs. 66 cents expected Revenue: $591 million vs. $556 million expected MongoDB’s revenue increased 24% from a year […]
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EchoStar stock skyrockets 75% on AT&T deal to buy wireless spectrum for $23 billion
EchoStar stock roared more than 75% higher on Tuesday after AT&T said it agreed to purchase certain wireless spectrum licenses from the telecom company for about $23 billion in an all-cash deal. The sale will add about 50 megahertz of mid-band and low-band spectrum to AT&T’s network, with the licenses covering more than 400 markets […]
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