Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images Oracle shares slid 7% in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short of analysts’ estimates and
Technology
Jack Ma, founder of Alibaba Group, speaks during 2020 China Green Companies Summit on September 29, 2020 in Haikou, Hainan Province of China. Liu Yang | Visual China Group | Getty Images Ant Group president and finance chief Cyril Han will take over as chief executive officer from next year, the financial technology giant announced
U.S. President-elect Donald Trump attends a meeting with Britain’s Prince William (not pictured) at the residence of the British ambassador to France, on the day of the reopening ceremonies of the Notre-Dame de Paris Cathedral following the 2019 fire, in Paris, France, December 7, 2024. Aaron Chown | Via Reuters In an exclusive interview with
The Starlink logo is seen on a mobile device with an grahpic illustration of planet Earth in this illustration photo in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Images SpaceX’s effort to put an additional 22,488 satellites into low-earth orbit is facing a formal objection from a Ukrainian-American nonprofit, which says
In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a new horizon, the metaverse. “There was genuinely a need and a desire at the time for Facebook, the company, to rebrand into something else,” said
The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Friday that it received an extension from Nasdaq, giving the company until February to maintain its listing on the stock exchange. The stock rose 7% in
A close-up of the Workday logo on its headquarters in Pleasanton, California. Smith Collection | Archive Photos | Getty Images Workday shares jumped 9% in extended trading on Friday after S&P Dow Jones Indices said the cloud software vendor will be added to the S&P 500. The company, which has a market cap of about
Zenefits CEO David Sacks speaks at the TechCrunch Disrupt conference in San Francisco, Calif. Paul Chinn | San Francisco Chronicle | Hearst Newspapers via Getty Images Venture investor and podcaster David Sacks will join the Trump administration as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced on Truth Social on Thursday. Sacks
The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. By Thursday afternoon, the flagship cryptocurrency pulled back from the milestone. It was recently higher by 0.28% at $99,140.00, according to Coin Metrics, trading at the lows of Thursday’s trading following some profit taking by investors. On
The Coinbase and bitcoin logos are displayed on a phone screen in San Anselmo, California, on Feb. 15, 2024. Justin Sullivan | Getty Images Cryptocurrency-related stocks popped in premarket trading Thursday after the price of bitcoin soared above $100,000 for the first time overnight. MicroStrategy surged 6.1%, while Robinhood Markets and Coinbase Global climbed 4.3%
Jeff Bezos, founder and executive chairman of Amazon and owner of The Washington Post, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump Wednesday at
File photo of Todd McKinnon, chief executive officer of Okta Inc. Bloomberg | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy guidance. Here’s how the company did: Earnings per share: 67 cents adjusted
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce shares were up 9% on Tuesday after the company’s fiscal third-quarter earnings report showed revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations. Here’s how the company did
UKRAINE – 2022/01/07: In this photo illustration a Microsoft Azure logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — Microsoft on Tuesday was accused of unfairly overcharging customers of rival cloud companies in a lawsuit claiming damages of more than £1
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images China’s race to develop smarter-than-human artificial intelligence may put it ahead of the U.S., but such ground-breaking technology could also risk lessening the stronghold that the ruling Communist Party has
Faryar Shirzad, chief policy officer at Coinbase, speaking onstage during the 2024 Concordia Annual Summit at Sheraton New York Times Square on Sep. 24, 2024 in New York City. John Lamparski | Getty Images for Concordia Summit LONDON — Coinbase’s top policy executive expects the United States to rapidly regulate the cryptocurrency industry once Donald Trump
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