James Whitehurst, the former CEO of Red Hat. Adam Jeffery | CNBC Unity Software said Monday that it’s cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. The stock jumped almost 5% in extended trading. Unity said in a regulatory filing that the cuts … Read more
One of the newest and fastest growing weapons in the fight against global warming is technology to remove carbon dioxide from the atmosphere, known as direct air capture. Some liken it to sucking CO2 out of the atmosphere. However, it’s not a perfect science, and most methods require a lot of water. That is about … Read more
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images On Monday, OpenAI, the AI startup behind viral chatbot ChatGPT, clapped back at The New York Times in a statement over the news outlet’s recently-filed lawsuit over copyright infringement. In … Read more
The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash … Read more
Traders work on the floor of the New York Stock Exchange. NYSE Stock markets have entered a new phase that will involve a broadening of last year’s bull market as big U.S. tech stocks come under pressure, according to the CIO of a Swiss private bank. Charles-Henry Monchau, chief investment officer at Bank Syz, told … Read more
Apple launched its Vision Pro headset at its annual WWDC event on Monday, ending months of speculation that the Cupertino tech giant was getting ready to launch its own VR or augmented reality product. Josh Edelson | AFP | Getty Images Apple’s Vision Pro will launch in the U.S. on February 2, the company said … Read more
Founder and CEO of Nvidia Jensen Huang speaks during The New York Times annual DealBook Summit in New York City on Nov. 29, 2023. Michael M. Santiago | Getty Images Nvidia found itself at the center of the artificial intelligence boom last year as its expensive server graphics processors, including the H100, became essential for … Read more
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris on June 16, 2023. Chesnot | Getty Images The Supreme Court on Monday refused to hear an appeal by the social media giant X challenging a ban on the … Read more
Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, Spain Joan Cros Garcia/Corbis | Corbis News | Getty Images Twilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software company. The move … Read more
Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year-over-year for the first week of January, while competitors like Xiaomi and Huawei have “remained much stronger” with flat sales, according to … Read more
