Apple CEO Tim Cook, left, and Eddy Cue, Apple’s senior vice president of services attend the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Microsoft offered to sell its Bing search engine to Apple in 2018, Google said in a … Read more
Jensen Huang speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Nvidia briefly surpassed $2 trillion in market cap during intraday trading Friday as its stock continues to rally following the company’s rosy earnings report Wednesday. … Read more
OpenAI CEO Sam Altman speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images OpenAI CEO Sam Altman will be in a position to make millions after Reddit goes public, thanks to a series of bets on the online discussion board company that go back … Read more
Nikesh Arora, CEO of Palo Alto Networks, speaks on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland, on Jan. 16, 2024. Adam Galici | CNBC Palo Alto Networks shares dropped 28% on Wednesday, the worst trading session since the cybersecurity hardware and software maker’s 2012 initial public offering. The plunge came a day … Read more
Suriyapong Thongsawang | Moment | Getty Images Doctors in the U.S. are struggling to contend with burnout, staffing shortages and overwhelming administrative workloads, but many are optimistic that artificial intelligence could help to ease these problems, a new survey found. More than 90% of physicians report feeling burned out on a “regular basis,” according to … Read more
Nikesh Arora, Palo Alto Networks Adam Galica | CNBC Shares of cybersecurity company Palo Alto Networks plunged 19% in extended trading Tuesday, after the company reported a beat on the top and bottom lines but lowered its full-year guidance for revenue and billings. Here’s how the company did compared to LSEG, formerly Refinitiv, estimates: Earnings … Read more
Jonathan Raa | Nurphoto | Getty Images A patient implanted with Neuralink’s brain technology can now control a computer mouse just by thinking, the company’s founder Elon Musk said. “(The) patient seems to have made a full recovery with no ill effects that we are aware of and is able to control the mouse, move … Read more
Phil Spencer, CEO of gaming at Microsoft, speaks during the company’s Xbox event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 10, 2018. Patrick T. Fallon | Bloomberg | Getty Images Microsoft said on Thursday that it will release four of its video games on competing consoles. Phil Spencer, head of … Read more
A screen displays the company logo for Toast Inc. during the companyâs IPO at the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2021. Brendan Mcdermid | Reuters Toast, maker of restaurant management software, said on Thursday it will let go of 550 employees, about 10% of its workforce. The company … Read more
Chip Paucek, co-founder and former CEO of 2U, appears at the company’s headquarters in Lanham, Maryland on Nov. 17, 2021. The company’s chief financial officer, Paul Lalljie, replaced Paucek as CEO in November 2023. Marvin Joseph | The Washington Post | Getty Images When 2U went public a decade ago, the company was out to … Read more
