Simon Cohen / Digital Trends Headphones have become an integral part of our lives. This is especially the case since we rely on things like active noise cancellation (ANC) to block out the huge amounts of noise we face on a daily basis, especially if you live in a busy metropolitan city. Luckily, even though … Read more
SAN JOSE, Calif. — As Elizabeth Holmes prepares to report to jail next week, the criminal case that uncovered the blood test scam at the heart of her startup Theranos is entering its final stages. The 11-year sentence represents rewards for the wide-eyed woman who broke through ‘tech bro’ culture to become one of Silicon … Read more
JPMorgan Chase is developing a ChatGPT-like software service that relies on a disruptive form of artificial intelligence to screen clients’ investments, CNBC has learned. The company filed a trademark application for a product called IndexGPT earlier this month, according to a filing with the New York-based bank. “It’s an artificial intelligence program to pick financial … Read more
Following Nvidia’s (NVDA) incredible quarter and surge in forecasts, we think shares of the AI chip powerhouse can still rise 14% off their all-time highs over the next six to nine months. This is typically our time horizon for a Club price target, which we increase on Nvidia to $450 per share from $300. We … Read more
Virgin Galactic is set to launch its first spaceflight in nearly two years on Thursday. Called Unity 25, the mission represents the company’s fifth spaceflight to date and is the first since founder Sir Richard Branson’s launch to the far reaches of space. This is a crucial moment in the history of Virgin Galactic, which … Read more
Last updated: May 24, 2023 at 4:35 p.m. ET First published: May 24, 2023 at 4:32 p.m. ET Executives from Nvidia Corp. predicted record earnings far beyond anything the company saw on Wednesday, pushing the stock into record territory. Nvidia Guided NVDA to $11 Billion Q2 Revenue, Plus or Minus 2%; the chipmaker has never … Read more
On Tuesday, S&P Global Ratings downgraded SoftBank’s rating to “BB” from “BB+” – where it considers a company’s credit rating to be “speculative” or “junk”. S&P Global Ratings says SoftBank’s Vision funds have high exposure to stocks of unlisted companies, which are more volatile due to the sale of Alibaba shares. “Over the past year, … Read more
At the Wall Street Journal CEO Council Summit on Tuesday, Elon Musk explained how he divides his time between SpaceX, Tesla and Twitter. “Switching context is quite painful,” Musk said. Musk said he manages most of his schedule because it would be difficult for an aide to figure out what his priorities should be. Tesla … Read more
Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators for transferring user data from the EU to states -United The Irish Data Protection Commission has also asked Meta to suspend “any future transfer of personal data” to the United States. Facebook said it would appeal the decision and the … Read more
In an aerial view, a modified corporate sign is displayed outside Twitter’s headquarters in San Francisco, April 10, 2023. Justin Sullivan | Getty Images News | Getty Images Elon Musk and X Corp. — the Musk-backed parent company of social media platform Twitter — are being investigated over building code violations at Twitter’s San Francisco … Read more
