U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies earlier than the Senate Banking,…
Tag: business
Amazon’s cloud warning rattles investors
Growth in Amazon.com Inc’s profitable cloud business is slowing and buyers are nervous. Shares fell…
Tech earnings calls show mega-cap companies going big on A.I. as they cut costs elsewhere
Google launched Bard AI, it is personal chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan…
Amazon’s 18% cloud revenue growth impresses even as margin narrows
Amazon Web Services CEO Adam Selipsky speaks on the CERAWeek by S&P Global convention in…
Intel reports largest quarterly loss in company history
Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), broadcasts the tech agency’s…
The pandemic drove Clubhouse to a $4 billion valuation that never looked sustainable
Social audio platform Clubhouse introduced Thursday that it was shedding half its employees to be…
Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations with its first-quarter earnings report Thursday, regardless of the cable and…
Google’s cloud business turns profitable for the first time on record
Google CEO Sundar Pichai speaks onstage through the annual Google I/O builders convention in Mountain…
Microsoft reports earnings beat, says A.I. will drive revenue growth
Microsoft CEO Satya Nadella speaks on the firm’s Ignite Spotlight occasion in Seoul on Nov….
Nvidia has a new way to prevent A.I. chatbots from ‘hallucinating’ wrong facts
Nvidia CEO Jensen Huang carrying his typical leather-based jacket. Getty Nvidia introduced new software program…