Can stocks finish strong in 2023? Wall Street giants weigh in
Traders on the floor of the NYSE, Aug. 15, 2023. Source: NYSE Stock markets are coming off a rough month, but strategists at some of Wall Street’s biggest banks are …
Breaking News: Technology
FTC’s antitrust case against Amazon expected soon: Reports
Federal Trade Commission (FTC) Chair Lina Khan testifies before a House Judiciary Committee hearing on “Oversight of the Federal Trade Commission,” on Capitol Hill in Washington, July 13, 2023. Kevin …
Flexport CEO Dave Clark resigns from logistics startup
Dave Clark. Lindsey Wasson | Reuters Flexport CEO Dave Clark is resigning from the supply chain software startup and handing the reins over to founder and executive chair Ryan Petersen …
Texas paid bitcoin miner Riot $31.7 million to shut down in August
During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from …
Tencent releases AI model Hunyuan for businesses amid China competition
Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023. Nurphoto | Nurphoto | Getty Images Chinese tech giant Tencent is launching its …
Polestar (PSNY) earnings Q2 2023
The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric vehicle maker Polestar on …
Apple and Arm sign deal for chip technology that goes beyond 2040
Components manufactured by Arm sit inside a demonstration ARMmbed parking meter on display on the second day of Mobile World Congress in Barcelona, Feb. 28, 2017. Pau Barrena | Bloomberg …
Microsoft gaming chief Phil Spencer cites ‘huge demand’ for Starfield
Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images …
Roku to lay off 10% of workforce, stock jumps
Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …
Meta’s Facebook provides Trump a fundraising lifeline
Former U.S. President and Republican candidate Donald Trump makes a keynote speech at a Republican fundraising dinner in Columbia, South Carolina, U.S. August 5, 2023. Sam Wolfe | Reuters Ever …