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Breaking News: Technology

$1 trillion wipeout: Market rout punishes megacap tech

Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024.Michael M. Santiago | Getty ImagesAs U.S....

America may already be in a ‘plain vanilla recession,’ says Danielle DiMartino Booth

The U.S. may already be in a "plain vanilla recession," according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence and a...

Google pulls AI ad for Olympics following backlash

Google pulled an ad it showed during the Olympics that touted its AI chatbot Gemini writing a fan letter to an athlete.Google has pulled...

Britain cancels $1.7 billion of computing projects in setback for global AI ambitions

LONDON, UK - JUNE 12: The 9th edition of the Artificial Intelligence Summit kicks off with the participation of international technology companies, in London,...

Intel shares plunge 22.6% in premarket trading, Nvidia down 4.4% as global chip stocks fall

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage...

Amazon misses on revenue and issues disappointing guidance for third quarter

Amazon CEO, Andy Jassy speaking with CNBC's Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023.CNBCAmazon missed on revenue in its second-quarter...

Apple sales rise 5%, topping estimates as iPad and Services revenues jump

Apple CEO Tim Cook attends the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024.Carlos Barria | ReutersApple...

Meta’s advertising growth is proof that hefty AI spending is already paying off

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on "The Circuit with Emily Chang" at Meta headquarters in Menlo Park,...

Meta shares pop on revenue and earnings beat, better-than-expected forecast

Meta shares jumped about 7% in extended trading on Wednesday after the company beat Wall Street estimates for revenue and profit and issued a...

Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024. Jason Redmond...

Federal regulator says Amazon can be held responsible for faulty goods sold on its marketplace

Federal regulators have determined that Amazon can be held responsible for defective goods sold by third-party merchants on its online marketplace, rejecting the company's...

Apple releases first preview of its long-awaited iPhone AI

Apple Intelligence introduced during Apple's WWDC 2024 in Cupertino, California, on June 10, 2024.Source: Apple Inc.Apple on Monday released the first version of Apple...

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