Technology Industry News
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Tech Up as Traders Rotate Back Into Sector - Tech Roundup
Shares of technology companies rose as traders rotated back into the beaten-down sector. Shares of Micron fell as the memory-chip maker's growing capital expenditure offset robust growth in demand from artificial-intelligence customers. Jeff Bezos…
Colombia's budding tech scene needs a cash boost
Suzanne BearneTechnology Reporter, Bogota, Colombia Visit Bogota and it's hard to miss the Rappi bikes with bright orange bags featuring a moustache motif whizzing around the city dropping deliveries off. The on-demand Colombian delivery platform…
Tech CEOs are being incentivized to make unhinged predictions
Since a turtlenecked Steve Jobs strode the global stage, tech executives and venture capitalists have doubled as company hypemen, churning out aspirational koans and fantastical assurances about how their products will change the world. As…
In China's Tech Industry, Success Is All About 'Cognition'
In 2023, Qiang, a 30-year-old project manager at a Chinese tech firm, emphasized to me the concept of “cognition.” Upset by the alleged short-sightedness of his company, he recalled his original ambition of becoming an entrepreneur…
The Nationals finally have a high-tech pitching machine. What are they getting out of it?
WEST PALM BEACH, Fla. — This machine, one that almost every other team in MLB had last year, remains hidden inside the batting cages at the Washington Nationals' spring training complex. Out of sight for spectators, perhaps. But for the…
HCL Technologies slides Thursday, underperforms market
Shares of HCL Technologies Ltd. 532281 slipped 3.39% to 1,311.35 Indian rupees Thursday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 3.26% to 74,207.24. HCL Technologies Ltd.
From bits to atoms: AI is shifting tech's center of gravity
For the last two decades, investors favored 'bits' businesses — software, apps, and online platforms. The logic was simple: software scales cheaply, distributes instantly, and can generate huge margins once built. By contrast, 'atoms'…
Exyn Technologies Files for Initial Public Offering
Exyn Technologies filed for an initial public offering. The artificial-intelligence and robotics company registered for an IPO with the Securities and Exchange Commission on Thursday. It did not say how many shares or warrants it would offer, or at…
Align Technology Inc. stock outperforms competitors on strong trading day
Shares of Align Technology Inc. ALGN rallied 2.23% to $176.25 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.27% to 6,606.49 and Dow Jones Industrial Average DJIA…
Airline donates £150k of ex-crew devices to kids without tech for school
Budget airline easyJet has donated £150,000 worth of tablet devices previously used by its pilots and cabin crew to help disadvantaged youngsters without access to the technology they need for school. The 500 iPads have been handed over by…
Cognizant Technology Solutions Corp. stock outperforms competitors on strong trading day
Shares of Cognizant Technology Solutions Corp. CTSH rallied 2.09% to $61.55 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.27% to 6,606.49 and Dow Jones Industrial…
Tech Mahindra slips Thursday, outperforms competitors
Shares of Tech Mahindra Ltd. 532755 slipped 3.36% to 1,339.75 Indian rupees Thursday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index 1 falling 3.26% to 74,207.24. Tech Mahindra Ltd. closed…
Microchip Technology Inc. stock underperforms Thursday when compared to competitors
Shares of Microchip Technology Inc. MCHP slipped 2.19% to $63.29 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.27% to 6,606.49 and Dow Jones Industrial Average DJIA…
Bloomberg Tech: Micron Warns of Heavy Spending Amid Memory Crunch
Bloomberg Tech is the only daily news program focused exclusively on technology, innovation and the future of business. Bloomberg Tech is the only daily news program focused exclusively on technology, innovation and the future of business.
DXC Technology Co. stock underperforms Thursday when compared to competitors despite daily gains
Shares of DXC Technology Co. DXC rallied 2.74% to $11.98 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.27% to 6,606.49 and Dow Jones Industrial Average DJIA falling…
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