Technology
Logitech is a huge buy at these levels and can go up nearly 49% from here, Bank of America says
Analysts consider the computer peripherals manufacturer “too inexpensive to ignore” after the stock tumbled nearly 13% year to date. Source
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‘A total disaster’: Crypto firms face being booted from the UK as a key deadline approaches
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the U.K. if they fail to register with the finance watchdog ahead of a key deadline next week. From Mar. 31, firms operating crypto services […]
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Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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Google will allow Spotify to offer its own billing on Android
Sundar Pichai, senior vice president of Android, Chrome and Apps at Google Inc., gestures as he speaks during the company’s Android One smartphone launch event in New Delhi, India, on Monday, Sept. 15, 2014. Kuni Takahashi | Bloomberg | Getty Images Google and Spotify said on Wednesday that a future version of the Spotify app […]
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SpaceX raises prices for rocket launches and Starlink satellite internet as inflation hits raw materials
A Starlink logo of a satellite internet constellation being constructed by SpaceX is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images WASHINGTON — SpaceX is raising prices across its products and services, including for rocket launches and Starlink satellite internet, citing “excessive levels of inflation.” The double-digit price […]
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ASML is the only company making the $200 million machines needed to print every advanced microchip. Here’s an inside look
In the southern Dutch town of Veldhoven, near the border with Belgium, sits the only factory capable of assembling a revolutionary machine that’s relied upon by the world’s biggest chipmakers. EUV lithography is the most expensive step in making the advanced microchips that power data centers, cars and iPhones. The machines are made by only […]
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Adobe shares plunge 10% after Russia’s invasion of Ukraine leads to reduced sales forecast
Shantanu Narayen, Adobe Systems Kim Kulish | Corbis | Getty Images Adobe shares fell about 10% Wednesday after the software company lowered estimates for the fiscal year to account for the impact of halting sales in Russia. Adobe said on March 4, the first day of the quarter, that it was stopping new sales in […]
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Intel CEO says semiconductors are like oil — making more in U.S. can avoid global crises
Intel CEO Pat Gelsinger on Wednesday likened semiconductors to oil, suggesting that computer chips will play a central role in international relations in the decades ahead. “Oil reserves have defined geopolitics for the last five decades. Where the fabs [factories] are for a digital future is more important,” Gelsinger said in an interview on CNBC’s […]
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Apple now lets you load your driver’s license on your iPhone in Arizona
Apple iOS 15 will support storing a driver’s license in Apple Wallet. Apple IPhone owners in Arizona can now load their driver’s licenses or state ID into their iPhone’s wallet app, Apple announced on Wednesday. The digital ID will allow holders to pass through TSA checkpoints in Sky Harbor International Airport, in Arizona. The digital […]
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MacKenzie Scott donates $3.8 billion to 465 organizations
Mackenzie Scott Kevork Djansezian | Getty Images Billionaire philanthropist MacKenzie Scott announced Wednesday that she has given away more than $3.8 billion to 465 organizations. Scott, the ex-wife of Amazon CEO Jeff Bezos, wrote in a Medium post that she made the donations over the last nine months. The list of recipients includes a range […]
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