Twitter may be worth only a third of its pre-Musk value, Fidelity says
A Fidelity fund has slashed its estimate of Twitter's value amid ongoing chaos at the company, implying the social media platform may be worth only a third of its value compared to when Elon Musk acquired it in October.
2023-06-01 00:21
Amazon corporate workers plan to stage walkout, citing 'lack of trust' in leadership
Nearly 2,000 corporate workers at Amazon have pledged to walk off the job on Wednesday to signal a "lack of trust" in the company's leadership, in what could be the most visible sign of dissent among the e-commerce giant's office workers in recent memory.
2023-05-31 23:15
India to launch electronics repair pilot project
BENGALURU India is launching a pilot project aimed at stimulating its electronics repair outsourcing industry by relaxing some
2023-05-31 19:23
EU tech chief calls for voluntary AI code of conduct within months
By Philip Blenkinsop LULEA, Sweden The United States and European Union should push the artificial intelligence (AI) industry
2023-05-31 19:15
British consortium to invest $9 billion in Indonesia mining, EV batteries, minister says
JAKARTA A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia's mining and
2023-05-31 17:53
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server
2023-05-31 11:46
Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
By David Kirton SHENZHEN, China For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting
2023-05-31 08:29
HP misses quarterly revenue estimates as inflation saps PC demand
HP Inc on Tuesday missed Wall Street targets for second-quarter revenue, hurt by a slowdown in the personal
2023-05-31 04:45
Factbox-Nvidia joins tech titans in trillion-dollar club
Nvidia Corp on Tuesday became the first chipmaker to join Wall Street's trillion-dollar club dominated by technology heavyweights
2023-05-31 02:20
What Elizabeth Holmes' life in prison could look like
Once a Silicon Valley icon and paper billionaire, Elizabeth Holmes will now have to wake every morning at 6 a.m., hold a job paying as little as $0.12 an hour, and share bathing facilities at a prison camp in southern Texas.
2023-05-31 01:49
Nvidia shorts down $4.1 billion in mark-to-market losses since May 24-S3 Partners
NEW YORK Short sellers in shares of Nvidia Corp. were down $4.1 billion in mark-to-market losses over the
2023-05-30 23:48
AI industry and researchers sign statement warning of 'extinction' risk
Dozens of AI industry leaders, academics and even some celebrities on Tuesday called for reducing the risk of global annihilation due to artificial intelligence, arguing in a brief statement that the threat of an AI extinction event should be a top global priority.
2023-05-30 21:49