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Microsoft and ArcelorMittal back MIT spinout trying to green the $1.6 trillion steel industry

5 min read

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Microsoft and ArcelorMittal back MIT spinout trying to green the $1.6 trillion steel industry

admin January 27, 2023

Boston Metal just scored a $120 million round.

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Intel stock tumbles after brutal results

1 min read

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Intel stock tumbles after brutal results

admin January 27, 2023

Intel shares fell Friday, after the company reported horrid quarterly and full-year results, off slackening chip demand.

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How to find a job in the one tech market that is not seeing layoffs: Cybersecurity

4 min read

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How to find a job in the one tech market that is not seeing layoffs: Cybersecurity

admin January 27, 2023

The demand for cybersecurity workers remains high even as tech companies lay off thousands of employees, with...

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Intel’s horrible quarter revealed an inventory glut and underused factories

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Intel’s horrible quarter revealed an inventory glut and underused factories

admin January 26, 2023

"Clearly, the financials aren't what we would hoped," Gelsinger told analysts.

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Intel shares drop on weak quarterly results and expectations for another quarter of losses

3 min read

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Intel shares drop on weak quarterly results and expectations for another quarter of losses

admin January 26, 2023

Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is...

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Stripe tells employees it will decide on an IPO within the next year

2 min read

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Stripe tells employees it will decide on an IPO within the next year

admin January 26, 2023

Amid a dormant IPO market, Stripe will make a decision on its plans to go public within...

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Smartphone shipments plunge to a low not seen since 2013 — their largest ever decline

2 min read

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Smartphone shipments plunge to a low not seen since 2013 — their largest ever decline

admin January 26, 2023

Apple maintained its position as the top smartphone maker in the world, shipping 72.3 million iPhones in...

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Tesla shares pop over 11% on ‘better than feared’ earnings results, demand outlook

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Tesla shares pop over 11% on ‘better than feared’ earnings results, demand outlook

admin January 26, 2023

Tesla shares moved sharply upward after CEO Elon Musk noted that the electric car manufacturer could produce...

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Elon Musk says a Chinese automaker will likely be second to Tesla: ‘They work the smartest’

2 min read

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Elon Musk says a Chinese automaker will likely be second to Tesla: ‘They work the smartest’

admin January 26, 2023

Tesla has a number of challengers in China, including a slew of start-ups such as Nio, Xpeng...

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Tesla reports earnings after the bell Wednesday

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Tesla reports earnings after the bell Wednesday

admin January 25, 2023

Tesla is contending with recent price cuts and deliveries that missed expectations.

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Google job cuts hit 1,800 employees in California, including 27 massage therapists

2 min read

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Google job cuts hit 1,800 employees in California, including 27 massage therapists

admin January 25, 2023

As part of Google's largest ever round of job cuts, the company eliminated more than 1,800 positions...

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Microsoft’s forecast suggests gloomy tech environment will continue

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Microsoft’s forecast suggests gloomy tech environment will continue

admin January 25, 2023

Microsoft's business weakened in December. Now it expects those patterns to continue to play out through March,...

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BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire

3 min read

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BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire

admin January 25, 2023

Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with...

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Microsoft earnings are out — here are the numbers

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Microsoft earnings are out — here are the numbers

admin January 24, 2023

Microsoft reported earnings after the bell. Here are the results.

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DOJ files second antitrust suit against Google, seeks to break up its ad business

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DOJ files second antitrust suit against Google, seeks to break up its ad business

admin January 24, 2023

The lawsuit targets Google's advertising business and comes after reports that DOJ antitrust chief Jonathan Kanter had...

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Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018

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Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018

admin January 24, 2023

Tesla CEO Elon Musk took the witness stand on Monday to defend himself against allegations that he...

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North Korea-linked hackers behind $100 million crypto heist, FBI says

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North Korea-linked hackers behind $100 million crypto heist, FBI says

admin January 24, 2023

The FBI said that Lazarus Group and APT38, two hacking groups linked to North Korea, were responsible...

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Aramco-backed fintech opens bank branch in London to help Muslims invest

4 min read

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Aramco-backed fintech opens bank branch in London to help Muslims invest

admin January 24, 2023

Wahed, an Islamic fintech startup backed by Saudi Aramco and Paul Pogba, debuted its own retail presence...

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Amazon adds generic prescription perk for Prime members

2 min read

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Amazon adds generic prescription perk for Prime members

admin January 24, 2023

The add-on, called RxPass, will allow Prime members to get as many drugs as they need from...

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Uber Freight cuts 150 jobs, about 3% of the unit’s head count

1 min read

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Uber Freight cuts 150 jobs, about 3% of the unit’s head count

admin January 24, 2023

Uber Freight laid off 150 employees on Monday, the first such cuts to hit any part of...

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