Multiple analysts, news outlets, and tech executives have been warning investors in China not to blindly invest money into AI companies just because of the recent hype generated by ChatGPT.
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Tesla has confirmed that it has been required by the U.S. Department of Justice to hand over documents regarding its Auotpilot system. The company is under a criminal investigation right now.
Meta has fallen out of the top 20 U.S. companies after its stock price crashed by 23%. It comes as investors cast doubts on Meta's metaverse investments while the company reports lower earnings.
Microsoft has announced that it will be increasing dividend payments to shareholders later this year. Those who want the higher dividends must already hold the company's stock on November 17.
The U.S. Securities and Exchange Commission (SEC) has fined Nvidia for not telling investors that their rise in revenue in 2018 was due to cryptomining interest rather than its gaming business.
Microsoft is partnering with US-based investment firm MSCI to offer Investment Solutions as a Service. Throughout 2021, four new services will launch built on top of Azure and Power BI.
Netflix has revealed that it gained 8.5 million new subscribers in 4Q20 and a record 37 million new users over the whole year. It also expects six million new sign-up in the first quarter of 2021.
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A Cyberpunk 2077 investor has filed a lawsuit against CD Projekt to pay damages because he believes the firm got people to invest in the project based on false and misleading statements.
According to some sources, talks are in progress between Uber's Indian branch and its local competitor Ola Cabs, after a merger was called for by SoftBank, an investor common to both companies.
The streaming company, Netflix, has announced that it gained 8.3 million users in the last quarter of 2017. The new flood of users has helped the company increase its market cap to over $100 billion.
Microsoft's share price jumped in after-hours trading, following what is considered to be a positive financial report. The share price is now higher than the previous record, set back in 1999.
Despite reporting seemingly positive earnings results for the last quarter of 2015, LinkedIn shares fell off a cliff with investors worried about the company's future earnings.
We need to close the gap that separates geeks from corporations, to find a way for both sides to rely on one another. CEOs and IT professionals: resistance is futile, it's time to cooperate.
David Einhorn blasts Microsoft this week by comparing them to a sinking ship. He claims that "decades of mismanagement" will eventually do the company in and withdraws his stake from them.
The developers behind Angry Birds, Rovio, had been searching for investors for a while and today, the Finland-based company announced that it has managed to secure over $40m from a collection of investment companies, one...
Goldman Sachs, after negotiating a deal with Facebook to assist in its first stock offering, has announced that it will no longer be offering the opportunity to buy stock to its US clientele. Citing regulatory...
Will it, won't it? If so, when? If not, why not? An entire cottage industry of speculation has built up around the public debut of Facebook, arguably Silicon Valley's hottest Internet company. Mark Zuckerberg, Facebook's...
Analysts and investors so far have responded positively to Apple's fourth quarter financial results, announced last night. Piper Jaffray analyst Gene Munster told CNN: "Apple changed paths tonight from being forever a niche player...
Today Microsoft announced that it will buy back shares as part of a plan to return up to $75 billion dollars to its shareholders. This four year plan comes with great applause from analysts...
Uk investors are in effect being barred from taking part in the $2.7bn (£1.5bn) initial public offering from Google. The company said yesterday that its flotation would be limited to American investors only. ...
An international trio of venture capital firms has banded together to try to spark businesses that use IBM and Linux technology for telecommunications purposes. The three venture capital firms--3i, Mayfield and Worldview Technology...
