Nvidia CEO Jensen Huang on Monday elaborated on his vision for keeping his company at the forefront of the artificial intelligence boom that he predicted will produce a $1 trillion backlog in orders within the next year.
Apple will lean on Google to help finish its bungled attempts to smarten up its virtual assistant Siri and bring other artificial intelligence features to the iPhone as the trendsetting company plays catch up in technology’s latest craze.
Apple delivered financial results during its summertime quarter that exceeded analyst projections, despite being caught in the crosshairs of a global trade war at the same time the trendsetting company is scrambling to catch up to its Big Tech peers in the artificial intelligence race.
The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada.
Cybersecurity company Palo Alto Networks is buying CyberArk in a cash-and-stock deal valued at approximately $25 billion.
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
Federal traffic safety regulators are looking into suspected problems with Elon Musk’s test run of self-driving “robotaxis” in Texas after videos on social media show a few of them braking suddenly or going straight through an intersection from a turning lane and driving down the wrong side of the road.
Elon Musk has long promised to put a fleet of driverless Tesla “robotaxis” on the roads, but fans and shareholders have been kept waiting.
Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors fear his dispute with President Donald Trump could end up hurting the company.
Lashing out at Apple’s plans to make most of its U.S. iPhones in India, President Donald Trump on Friday threatened to slap a 25% tariff on the popular device unless the tech giant starts building the product in its home country — a move that still seems unlikely to happen any time soon, if ever.
Federal safety regulators have asked Elon Musk's car company to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national “robotaxi” launch that is key to keeping Tesla's stock price aloft.
Elon Musk intends to focus more on his job as Tesla CEO, but it’s unclear if the billionaire will be able to solve a big problem of his own making: damage to its brand.
As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House less than 100 days ago.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the U.
Crowds have protested billionaire Elon Musk’s purge of the U.S. government under President Donald Trump outside Tesla dealerships throughout the U.S. and in some cities in Europe.
Rebounding tech stocks drove U.S. indexes higher a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it.
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.
Elon Musk’s attachment to President-elect Donald Trump has created an unprecedented alliance between America’s most powerful politician and its richest businessman.
U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected.
Low interest financing, sweet lease deals and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker.
T-Mobile is buying U.S. Cellular’s wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.
Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers.
Shares of social media companies have tumbled after a slew of news in the sector that concerned investors, including a report that Elon Musk may cut almost 75% of Twitter’s workforce and Snap’s muted fourth-quarter outlook.
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In a deal announced Tuesday, Dec. 1, 2020, business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. (AP Photo/Darron Cummings, File)Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. But software as a service has become an industry standard that has turned into a gold mine for longtime software makers. Slack and Salesforce are headquartered about a block away from each other in San Francisco. Slack," Benioff said.
Microsoft, which is worth more than $1 trillion compared to Slack's market value of $10 billion, is hoping to unseat Slack with its Teams collaborative workplace app. Two analysts issued bearish reports on Slack this week, adding to the downward pressure on the stock. "We have observed strong fundamental progress of Microsoft Teams over the past 12 months," said Mizuho analyst Gregg Moskowitz in a report. He added that "there was a heavy focus on Teams" at Microsoft's Ignite conference for developers earlier this week, and noted that "customer interest levels in Microsoft Teams were very high." He argued that the competition from Microsoft "could slow growth going forward quicker" than most analysts are expecting.
One analyst said he "fully expects" Amazon to try to fight the decision in court. The contentious decision represents a major loss for Amazon and a boon to Microsoft, especially as both companies have seen the growth of their cloud businesses slow in recent months. The timing is especially painful for Amazon, which said it was surprised by the decision, calling itself the "clear leader in cloud computing." At the same time Amazon is funneling money into speeding up its shipping capabilities, growth at its cloud services division, Amazon Web Services, is slowing. In 2013, it received a breakthrough $600 million contract to provide cloud services to the CIA.
Justin Sullivan/Getty ImagesCUPERTINO, Calif. - Dozens of tech companies are gearing up to announce new cell phones, laptops, video game consoles, toys and other gadgets for the holiday season. Most of those products would have gotten pricier because of new tariffs that the United States just delayed. Apple and many other tech companies count on the second half of the year, with new product announcements and the holiday season, to drive sales. Tech companies have spent decades building up interconnected supply chains which include parts suppliers, trained labor and transportation routes to support manufacturing in China. If tech companies did move production out of China, it would probably be to countries in Southeast Asia, close to the existing supply chain, rather than to the United States.
In an earnings report released Tuesday, Sony revealed it sold 3.2 million of the game consoles in the quarter that ended June 30, pushing it to the 100 million unit sales mark. Sony debuted the PS4 in November 2013 and by December 2017 had sold over 70.6 million units worldwide. In 2017, Sony console sales underwent a resurgence as newer, better PlayStation games, such as Dragon Quest XI, Injustice 2 and Madden, hit the market. According to analyst Dan Ives, the PS4 has sold well above competitors, calling the 100 million "an impressive number." Sony hasn't released a new generation console since the PS4 although it did debut an iteration, the PS4 Pro, in September 2016.
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