SK Hynix says memory chip recovery has begun, flags robust AI demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix said on Wednesday the memory chip market was
2023-07-26 10:47
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:23
Elon Musk Pursues Banking in Wake of Rivals’ Failed Attempts
Billionaire Elon Musk’s grand vision is to turn Twitter into a one-stop shop for financial services. It’s hardly
2023-07-26 07:56
Senate Targets US Investments in China Through Key Defense Bill
The Senate attached a measure to the annual defense policy bill that would subject some US investments in
2023-07-26 06:56
Microsoft Says Azure Contributed More Than Half of Cloud Sales
Microsoft Corp. Chief Executive Officer Satya Nadella said sales of Azure cloud-computing services represented more than half of
2023-07-26 06:56
Anthropic’s Amodei Warns US Senators of AI-Powered Weapons
A CEO whose company says its artificial intelligence products are tools “that people can rely on” warned senators
2023-07-26 06:45
Snap shares fall on softer Q3 outlook as app tries to revamp ads
By Sheila Dang (Reuters) -Photo messaging app-owner Snap Inc on Tuesday gave weaker third quarter guidance than analysts had expected
2023-07-26 06:19
Equifax Says CFPB Probing Data-Accuracy Issues in Workforce Unit
Equifax Inc. said a key financial regulator is investigating how the company handles disputes and data accuracy within
2023-07-26 05:28
Department of Education launches civil rights probe after lawsuit accuses Harvard of giving preferential treatment to legacy admissions
The US Department of Education has begun a civil rights investigation into whether Harvard University discriminates in its admissions process by giving preferential treatment to children of wealthy donors and alumni, roughly three weeks after a lawsuit made those allegations.
2023-07-26 05:26
Microsoft Posts Tepid Sales Growth as Cloud Business Slows
Microsoft Corp. reported tepid fourth-quarter sales growth, held back by decelerating demand for cloud-computing services while the software
2023-07-26 04:56
Alphabet profit beats expectations, CFO Porat to assume new role
By Greg Bensinger and Akash Sriram (Reuters) -Alphabet's second-quarter profit exceeded Wall Street expectations on Tuesday and the Google parent
2023-07-26 04:51
Ethereum Software Infrastructure Provider Flashbots Raises $60 Million
Flashbots, a provider of software used to package Ethereum blockchain transactions, raised $60 million to help finance the
2023-07-26 04:46