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Tech News
/ 2 months agoCFTC to allow listed spot crypto trading on registered exchanges
The Commodity Futures Trading Commission said on Monday it would allow trading of spot crypto asset contracts that are listed on...
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Tech News
/ 2 months agoIntel’s credit rating downgraded by Fitch on demand challenges
Fitch downgrading U.S. chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which...
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Tech News
/ 2 months agoBroadcom launches Jericho chip to advance AI data center networks
Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is designed to connect data centers over 60 miles...
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Tech News
/ 2 months agoAxon raises annual revenue forecast on strong security demand
TASER maker Axon Enterprise raised its full-year revenue forecast on Monday, betting on continued demand for its software products and security...
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Tech News
/ 2 months agoPalantir raises annual revenue forecast again on surging AI demand
Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting robust demand for its AI-linked...
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Tech News
/ 2 months agoIAC’s quarterly core profit rises after boost in digital media
IAC posted a 15% rise in second-quarter core profit on Monday, helped by the steady growth of its biggest business and...
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Tech News
/ 2 months agoMercadoLibre misses profit estimates as Brazil free-shipping boost hurts margins
Latin American e-commerce giant MercadoLibre on Monday posted a 1.5% dip in its second-quarter net profit from a year earlier, missing...
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Tech News
/ 2 months agoKyndryl’s first-quarter profit soars as renegotiated contracts aid margins
Kyndryl Holdings’ first-quarter profit soared more than five-fold, the company said on Monday, as the former IBM unit’s renegotiation of contracts...
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Tech News
/ 2 months agoFigma sheds $11 billion in market value days after blockbuster IPO
Shares of Figma slumped 23% on profit taking on Monday, as euphoria over the design software firm waned days after its...
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Tech News
/ 2 months agoAmazon overhauls Wondery podcast studio, cuts 110 jobs
Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business Wars” to Audible and consolidating...
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