Technology

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it had hired BDO as its new auditor and

Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit Getty Images LISBON, Portugal — Tech CEOs in Europe are urging region al countries to take bolder action to tackle Big Tech’s dominance and counter reliance on the U.S. for

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. Venture capital firms Balderton

Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending. Alibaba said net income rose 58% year on year to 43.9 billion yuan ($6.07 billion) in the company’s

Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC.  Allison Robbert | Getty Images Elon Musk‘s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Super Micro Computer could be headed down a path to getting kicked off the Nasdaq as soon as Monday.

Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany.  Andreas Rentz | Getty Images Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans to transfer its listing to the Nasdaq from

The West shouldn’t assume that China is lagging behind the U.S. and Europe on tech developments, Microsoft’s president and vice-chairman warned. U.S-China tensions in the past few years have centered on the battle between the two nations for tech supremacy, culminating in a slew of export controls on critical technologies. Late last year, China’s Huawei

A view of the Amazon logo outside Amazon’s offices in Dublin City Centre, Ireland, on Feb. 15, 2023. Artur Widak | Nurphoto | Getty Images Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company’s partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee

The Oura Ring 4 Courtesy: Oura LISBON — Samsung’s foray into smart rings isn’t concerning the boss of the product category’s pioneer, Oura — in fact, Tom Hale says he’s seeing a boost in business. “I’m sure that a major tech company making an announcement saying: ‘Hey, this is a category that matters. It’s going to be

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Klarna, which is known for its popular buy now, pay later business, announced Wednesday that it’s confidentially filed IPO documents with the SEC. The Swedish payments company has

Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said

Nicolas Economou | Nurphoto | Getty Images Bitcoin resumed its climb on Tuesday, after taking a breather from its postelection rocket rally earlier in the session. The price of bitcoin was last higher by 2% at $89,338.20, according to Coin Metrics. It briefly touched $90,036.17 just before the stock market close, after quickly blowing through

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen

  Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images IAC said Monday it’s exploring a spinoff of Angi, an online platform that connects consumers with a marketplace of home improvement service providers, such as electricians and landscapers, in their area. Angi stock price was down nearly 4% in after-hours trading Monday. IAC shares

Jakub Porzycki | Nurphoto | Getty Images Bitcoin reached a fresh all-time high near $81,000 and futures premiums soared, in a clear sign that investors believe the record-run in the world’s largest cryptocurrency is poised for even more gains on the back of U.S. elections that saw a swell of pro-crypto candidates win office. Open