Technology

Vertigo3d | iStock | Getty Images Bitcoin slid back toward $55,000 overnight as it caught up with Tuesday’s broader market sell-off. On Wednesday, the price of the flagship cryptocurrency hovered under the flat line at $57,813.84, according to Coin Metrics. It fell sharply Tuesday night — to as low as $55,673.80 — with the start

Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images Nvidia shares fell 2% in extended trading Tuesday after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation. The slide comes after Nvidia dropped

Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market. The S&P 500 slid by more than

The Huawei flagship store and the Apple flagship store are seen at Nanjing Road Pedestrian Street in Shanghai, China, September 2, 2024.  Cfoto | Future Publishing | Getty Images Huawei said Monday it plans to hold a product launch event this month just hours after Apple‘s annual iPhone reveal as the Chinese technology giant looks

Jaap Arriens | Nurphoto | Getty Images A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. One justice, Luiz Fux, voted to uphold but expressed “reservations” about a measure of the order that allows the court to fine individuals or businesses

A sign that reads “Epic Intergalactic Headquarters” on campus. Epic Systems Dorothy Gale was right — the Land of Oz is not in Kansas. Rather, it’s nestled within the rolling green fields of Verona, Wisconsin, a town of nearly 16,400 people located about 10 miles southwest of the capital city of Madison. Verona is home

Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During the pandemic, touch was taboo, so touchless trends accelerated. And cybersecurity concerns have mounted around hotel key technology. Earlier this year, researchers found a vulnerability in

The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024.  CFOTO | Future Publishing | Getty Images Alibaba has completed a three-year regulatory “rectification” process following an antitrust fine it received on charges of monopolistic practices in 2021, China’s market regulator said on Friday. Shares of Alibaba rose nearly 3% in

Jaque Silva | SOPA Images | Lightrocket | Getty Images Brazil’s supreme court on Friday ordered a nationwide suspension of Elon Musk’s social network X after the company vowed to defy earlier court orders concerning content moderation and the appointment of a legal representative in the country. Alexandre de Moraes, the court’s top judge, has

A worker prepares packages at an Amazon same-day delivery fulfillment center on Prime Day in the Bronx borough of New York, US, on Tuesday, July 16, 2024. Amazon.com Inc.’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce, which

Microsoft, Google and Amazon along with other tech companies have been getting creative in how they’re poaching talent from top artificial intelligence startups. Earlier this month, Google signed an unusual deal with Character.ai to hire away its prominent founder and more than one-fifth of its workforce while also licensing its technology. It looked like an acquisition, but

Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel executives are working with multiple advisors to formulate options to address its flagging business, according to a person with knowledge of the matter. Those advisors, which include Morgan Stanley and

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares soared 34% on Thursday and were on pace for their best day in almost three

Samsung Electronics’ fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for the first time, three people briefed on the matter said. SeongJoon Cho | Bloomberg | Getty Images Tech and chip-related stocks in Asia fell on Thursday, after U.S. chip darling Nvidia reported its second-quarter results

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

Cryptocurrencies extended declines from Tuesday as Asia futures pointed lower, triggering a wave of liquidations on the Bybit exchange. The price of bitcoin was last lower by 5.9% at $59,421.95 on Wednesday, according to Coin Metrics. Ether tumbled more than 4.5% to $2,469.50 “Crypto markets moved down sharply, triggering a leverage driven liquidation,” said Steven