Technology Industry News
A collection of Technology latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Inside Callaway's tech-bending search for golf's next big driver
CARLSBAD, Calif. — Chip Brewer had been looking for a North Star to point to, a telos for the masses to get behind. For him, it was always going to be speed. So, standing on a makeshift stage in the Callaway parking lot during a company…
HCL Technologies slides Friday, underperforms market
HCL Technologies Ltd. 532281 shares dropped 2.43% to 1,325.45 Indian rupees Friday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index 1 falling 1.93% to 74,563.92. HCL Technologies Ltd. closed…
Anthropic-Pentagon battle shows how big tech has reversed course on AI and war
The standoff between Anthropic and the Pentagon has forced the tech industry to once again grapple with the question of how its products are used for war – and what lines it will not cross. Amid Silicon Valley's rightward shift under Donald…
Tech Mahindra falls Friday, still outperforms market
Tech Mahindra Ltd. 532755 shares dropped 1.35% to 1,331.95 Indian rupees Friday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 1.93% to 74,563.92. Tech Mahindra Ltd. closed…
Bloomberg Tech: Tech Stocks Under Pressure
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.
Oracle is the latest tech company slashing jobs over AI
Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. The tech giant inked a lucrative $300 billion deal with OpenAI last year to build out AI data centers, in a bid to compete with companies like Amazon and…
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0514 GMT – Advanced Info Service's new capital structure looks more efficient, Thanachart…
The Tech Download: The sector's Iran problem
The Iran war has thrown uncertainty over supply chains of key elements needed in chipmaking as well as the long term future of the AI infrastructure buildout in the region. Bromine and helium exports from the Middle East, both crucial for…
Axcelis Technologies CFO to Depart
Axcelis Technologies said Chief Financial Officer James Coogan is leaving to pursue the same role at another public company in a different industry. Coogan will remain at Axcelis through April 24, the semiconductor solutions company said Thursday.
Technology Shares Fell Amid Broad Selloff Fueled by Inflation Fears -- Technology Roundup
Shares of technology companies fell as inflation fears dimmed the outlook for interest rate cuts. The capital-intensive sector tends to benefit from falling borrowing costs that spur technology investment. But the resumption of rate cuts by the Fed…
Primeage Technology Group Files for IPO
Primeage Technology Group has filed for an initial public offering. The special purpose acquisition company said it will sell 10 million units at $10 apiece, according to a filing with the Securities and Exchange Commission on Thursday. The company…
PAR Technology Shares Slide on $250 Million Notes Offering
Shares of PAR Technology fell after the company priced a private offering of $250 million of 4% convertible senior notes due 2031. The stock fell 20% to $12.63 in premarket trading. It was down 73% over the past 12 months through Thursday's close.
Naver Cloud partners with Konan Technology on defense and manufacturing AI
Naver Cloud is strengthening security and domain expertise in the defense and manufacturing sectors, forming a new partnership with artificial intelligence (AI) software firm Konan Technology. The tech company announced Friday that it signed a…
Kentucky family refuses $26.5M tech buyout of their farms
A Kentucky mother and daughter have refused offers totaling more than $26 million from developers seeking to buy their farmland for a massive data center project. Ida Huddleston, 82, and her daughter, Delsia Bare, 54, own neighboring properties in…
Watch Sweden Tech's Success Is No Accident: Kinnevik's Shalalvand
Sweden Tech's Success Is No Accident: Kinnevik's Shalalvand Investors say Sweden's tech success didn't happen by chance. Bloomberg's Tom Mackenzie speaks with Kinnevik Investment Director Tatiana Shalalvand about how early investment in digital…
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