Technology

In this article FB Building the metaverse isn’t cheap. Meta, Facebook’s parent company, revealed the financials of its Reality Labs division for the first time in its Q4 2021 earnings report on Wednesday. That’s the segment of the company tasked with building CEO Mark Zuckerberg’s vision for the metaverse. It also includes revenue from hardware,
0 Comments
In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. Here
0 Comments
In this article AAPL Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s Berkshire Hathaway notched more than $8 billion in gains on Friday as Apple stock rose more than 5% on a strong earnings report. Apple reported December quarter earnings on Thursday, posting nearly $124 billion in sales and strong
0 Comments
Maja Hitij | Getty Images News | Getty Images Microsoft cruised past earnings estimates and issued a better-than-expected forecast. So did Intel. Apple and Tesla topped expectations across the board, while subscription software vendors ServiceNow, Qualtrics and Atlassian all posted decisive beats. All that happened this week. But it wasn’t enough, as of midday Friday,
0 Comments
In this article TSLA Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk said during the company’s fourth-quarter earnings call that the company won’t release any new models this year, and isn’t currently developing
0 Comments
In this article TSLA Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla reports fourth-quarter results for 2021 on Wednesday after the bell. Here’s what Wall Street analysts expect: Earnings (adjusted): $2.36 per share
0 Comments
In this article SPOT Neil Young performs during the 30th Anniversary Bridge School Benefit Concert at Shoreline Amphitheatre on October 23, 2016 in Mountain View, California. C Flanigan | FilmMagic | Getty Images Neil Young demanded Spotify remove his music over what he views as coronavirus vaccine misinformation being spread on the streaming platform by
0 Comments
Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | Pool | Reuters In the seven months since Lina Khan took over as chair of the Federal Trade Commission, there’s
0 Comments
Even as China spends billions to build up its domestic semiconductor sector, it is still some time away from achieving the capabilities needed to produce cutting edge chips, an analyst said on Wednesday. Semiconductors are used in everything, from smartphones and computers to cars as well as home appliances. “I still believe that [China is]
0 Comments