Mobile
Dell beats estimates as server sales soar 80%, riding AI wave
Michael Dell at the Allen & Company Sun Valley Conference on July 12, 2024 in Sun Valley, Idaho. David Grogan | CNBC Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales. The stock rose more than 3% in extended trading. Here’s how the company did for […]
Read More
Cord cutters prepare for political ad blitz as campaigns flood Roku, Hulu ahead of election
Vice President Kamala Harris, left, and former President Donald Trump Reuters Consumers who cut their cable cord in recent years are finding that there’s one thing about linear TV they can’t escape: political ads. With the U.S. presidential election less than 70 days away, campaigns are swarming streaming services like Roku and Hulu to such […]
Read More
Google to relaunch tool for creating AI-generated images of people after pulling service due to inaccuracies
The Deepmind logo is being displayed on a smartphone with the Google Gemini logo in the background in this photo illustration in Brussels, Belgium, on February 8, 2024. Jonathan Raa | Nurphoto | Getty Images Google said it will soon allow users to create images of people using its Gemini artificial intelligence tool, after pulling […]
Read More
Nvidia reports earnings after the bell
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia reports second fiscal-quarter earnings Wednesday after the bell. Here is what Wall Street expects from the chipmaker in the quarter ending in July, according to LSEG estimates: Earnings per share: 64 cents adjusted […]
Read More
Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. As the primary beneficiary of the artificial intelligence boom, Nvidia has […]
Read More
Meta says it found WhatsApp accounts linked to Iranian hackers targeting Biden and Trump
Meta said Friday that it blocked a “small cluster” of WhatsApp accounts linked to an Iranian hacking group that was targeting officials associated with President Joe Biden and former President Donald Trump. The company said in a blog post that the bogus WhatsApp accounts appeared to originate from the Iranian threat actor dubbed APT42, which […]
Read More
Meta CEO Mark Zuckerberg receives letter from lawmakers concerned about illicit drug ads on Facebook and Instagram
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024. Jason Henry | Bloomberg | Getty Images A bipartisan group of lawmakers sent Meta CEO Mark Zuckerberg a letter on Thursday expressing concern that […]
Read More
Ex-Google CEO Eric Schmidt sees Nvidia as big AI winner: ‘You know what to do in the stock market’
Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt said, in a video that was posted by Stanford this week and subsequently removed, that big […]
Read More
Cisco shares head for best day since 2020 on earnings beat, plans to cut 7% of workforce
Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares jumped about 8% on Thursday and headed for their best day since March 2020, after the computer networking company said it’s cutting 7% of […]
Read More
Google’s live demo of Gemini ramps up pressure on Apple as AI reaches smartphone users
During Google’s Pixel phone launch on Tuesday, a product director named David Citron took the stage to show off the mobile capabilities of the company’s new AI assistant, Gemini. Things got awkward right after the presenter told the audience, “all the demos today are live, by the way.” In front of a big crowd of […]
Read More