Tag: Breaking News: Technology

2024-09-13

Nvidia, OpenAI, Anthropic and Google leaders meet with White House to talk AI

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Leaders at OpenAI, Anthropic, Nvidia, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence energy infrastructure in the U.S., sources familiar with the meeting told CNBC. Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Microsoft president Brad Smith, Google President Ruth Porat…

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2024-09-12

Oracle trails only Nvidia among large-cap tech in 2024, Ellison wins

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Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing in a world driven…

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2024-09-10

Oracle (ORCL) Q1 earnings report 2025

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Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 13% Tuesday and are on pace to close at a record after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here…

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2024-09-09

How small modular reactors could expand nuclear power in the U.S.

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Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise to speed deployment of new plants as demand for clean electricity is rising from artificial intelligence, manufacturing…

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2024-09-08

Boeing Starliner returns to Earth empty, months later than planned

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In this image from video provided by NASA, the unmanned Boeing Starliner capsule undocks as it pulls away from the International Space Station on Friday, Sept. 6, 2024. NASA | Via AP Boeing‘s Starliner undocked from the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without the two astronauts that…

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2024-09-07

Salesforce to acquire Own for $1.9 billion in cash

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Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. Salesforce intends to close the…

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2024-09-07

Broadcom (AVGO) earnings report Q3 2024

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Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings. Broadcom shares fell 7% in extended trading after guidance was in-line with expectations. Here is how the chipmaking conglomerate did versus LSEG consensus estimates for the quarter that ended Aug. 4: Earnings per share: $1.24…

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2024-09-05

Nvidia stock up after drop wiped out almost $300 billion

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Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images Nvidia shares fell nearly 2% on Wednesday, after briefly recovering from a pre-market slip after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation. Nvidia denied on Wednesday…

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2024-09-02

September is a historically rough month for Apple shares

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September is typically a rough month for Apple — and it’s a toss-up as to whether this year could be any different. Apple is expected to announce new iPhones and Apple Watch models on Sept. 9 during a press event at its headquarters in Cupertino, California. The tech giant typically unveils these new models at its fall launches ahead…

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2024-09-02

Intel shares up 8%, chipmaker working with Morgan Stanley

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Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel Innovation Taipei technology forum in Taipei, Taiwan, on Tuesday, Nov. 7, 2023.Intel last month predicted a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Photographer: I-Hwa Cheng/Bloomberg via Getty Images I-Hwa Cheng | Bloomberg…

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