Technology

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Venture capitalists and technology executives are scrambling to make sense of and account for the potential repercussions of the sudden implosion of Silicon Valley Bank on Friday. The Federal Deposit Insurance Corporation, or FDIC, said Friday that U.S. federal regulators shut down Silicon Valley Bank,

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.  Justin Sullivan | Getty Images The sudden collapse of Silicon Valley Bank has thousands of tech startups wondering what happens now to their millions of dollars

Tensions between European telecommunications firms and U.S. Big Tech companies have crested, as telecom bosses mount pressure on regulators to make digital giants fork up some of the cost of building the backbone of the internet. European telcos argue that large internet firms, mainly American, have built their businesses on the back of the multi-billion

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Signage for high-tech commercial bank Silicon Valley Bank, on Sand Hill Road in the Silicon Valley town of Menlo Park, California, August 25, 2016. Smith Collection | Gado | Archive Photos | Getty Images Silicon Valley Bank has long been considered the lifeblood for tech

In this photo provided by the Contra Costa County Fire Protection District, firefighters are seen at the scene of a fatal accident involving a Tesla and Contra Costa County fire truck on Feb. 18, 2023, in Contra Costa, California. Contra Costa County Fire Protection District Federal vehicle safety regulators initiated a new, special crash investigation

In this article SI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Silvergate Capital, a central lender to the crypto industry, said on Wednesday that it’s winding down operations and liquidating its bank. The stock plunged more than 36% in after-hours trading. Silvergate has served as one of the two

U.S. Senator Mark Warner (D-VA) and other U.S. senators unveil legislation that would allow the Biden administration to “ban or prohibit” foreign technology products such as the Chinese-owned video app TikTok during a news conference on Capitol Hill in Washington, March 7, 2023. Bonnie Cash | Reuters The White House threw its support behind a

In this article NVDA MBG-DE TSLA MSFT Follow your favorite stocksCREATE FREE ACCOUNT For about a quarter century, Nvidia has been leading the revolution in computer graphics, becoming a beloved brand by gamers along the way. Nvidia dominates the market for graphics processing units (GPUs), which it entered in 1999 with the GeForce 256. Gaming

“The outlook for 2023 in the tech talent and hiring market is expected to show a continued demand for tech talents, although at a slower rate compared to the past few years,” wrote the Tech Salary Report 2023 by Nodeflair and Iterative. Phiromya Intawongpan | E+ | Getty Images Tech salaries in Singapore mostly jumped

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Meta plans another round of layoffs that could affect thousands of workers, according

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Images Google CEO Sundar Pichai defended the cloud unit’s new desk-sharing policy for employees, describing some of

In this article TEAM Follow your favorite stocksCREATE FREE ACCOUNT Michael Cannon-Brookes, co-CEO, Atlassian Scott Mlyn | CNBC Business-software maker Atlassian said Monday that it will lay off 500 employees, or around 5% of its workforce. Atlassian shares were up 1% in extended trading following the announcement. The technology industry has been contracting slightly in

Huawei spin off Honor had one of the most prominent booths at Mobile World Congress in February 2023. It was right next to Samsung’s stand in a sign that Honor is targeting the South Korean firm in the premium end of the smartphone market. Arjun Kharpal | CNBC Chinese smartphone makers are looking to push

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO of Google Inc. speaks during an event in New Delhi on December 19, 2022.  Sajjad Hussain | AFP | Getty Images Google is warning employees that fewer of them will receive promotions to more senior levels this year than in the past.

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A drivers uses a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Tesla cut prices on its two most expensive models in the U.S., the Model S and Model X, in a

The Honor Magic Vs is on display at Honor’s stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor’s attempt to challenge Samsung in the foldable smartphone market. Arjun Kharpal | CNBC Honor CEO George Zhao has a simple philosophy — make the best products and the sales numbers for the Chinese

In this article MP ON 4AIM-IT WOLF TSLA Follow your favorite stocksCREATE FREE ACCOUNT Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | via Reuters Shares in some chipmakers dipped on Thursday after electric vehicle maker

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Salesforce shares soared 16% in extended trading on Wednesday after the cloud software maker beat Wall Street estimates on profit and issued a better-than-expected forecast. Here’s how the company did: Earnings: $1.68 per share, adjusted, vs. $1.36 per share as expected by analysts, according to

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks at Tesla’s 2023 investor day on March 1. Screenshot Electric vehicle maker Tesla hosted a 2023 Investor Day presentation in Austin, Texas, on Wednesday. CEO Elon Musk took the stage to share his “Master Plan 3,” and to discuss how Tesla plans

Apple is moving to in-house 5G modem chips for its 2024 iPhones, as far as the chief executive of Qualcomm — which currently produces them for the tech giant — is aware. “We’re making no plans for 2024, my planning assumption is we’re not providing [Apple] a modem in ’24, but it’s their decision to