Tag: technology
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GameStop’s CEO just sacrificed a $35 billion pay package. Here’s how it could impact his effort to buy eBay
Ryan Cohen has shared few details on how he’ll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
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TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note
Leagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
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Micron stock jumps over 16% in premarket trading after blockbuster earnings
The company’s revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
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Portuguese tech links health data of 70 million people in Europe and Brazil
Portuguese federated data firm joined a leading Latin American healthcare group, broadening its database. Promptly Health plans to create a major, diverse health-data infrastructure for research.
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Second worker dies at BYD’s Hungary factory already under scrutiny for labor practices
A second worker died at the construction site of BYD’s electric vehicle factory in Hungary, CNBC has learned.
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Anthropic’s latest hiring spree reveals where it’s building AI data centers next
The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
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Micron is tech’s new margin king as memory crisis pushes company past Nvidia and Meta
Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
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Anthropic accuses Alibaba of campaign to ‘brazenly’ and ‘illicitly’ extract AI capabilities
The letter, which was obtained by CNBC, claims Alibaba carried out “the largest known distillation attack on Anthropic to date.”
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Micron stock jumps 16% as soaring prices from memory crunch lead to quadrupling of revenue
Micron’s quarterly earnings report follows a 700% surge in the memory maker’s stock price over the past year.
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Qualcomm announces AI data center CPU, signs Meta as first major customer
Qualcomm’s primary business has been smartphones, which accounted for two-thirds of the company’s product revenue in it’s most recent quarter.
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