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  • China factory activity grows faster than expected in June on tech export demand
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Breaking News: Technology

  • Business

Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI

Sagar10 months ago02 mins

Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Chris Ratcliffe | Bloomberg | Getty Images Salesforce has cut 4,000 of its customer support roles, CEO Marc Benioff recently said while discussing how artificial intelligence has helped reduce the company headcount. Benioff revealed the…

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  • Business

Google keeps Chrome but is barred from exclusive search deals

Sagar10 months ago03 mins

Google CEO Sundar Pichai during the press conference after his meeting with Polish PM Donald Tusk at Google for Startups Campus In Warsaw in Warsaw, Poland on February 13, 2025. Images) Jakub Porzycki | Nurphoto | Getty Images A federal judge ruled Tuesday that Google can keep its Chrome browser but will be barred from…

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  • Business

OpenAI buys Statsig for $1.1 billion, hires CEO as applications exec

Sagar10 months ago02 mins

Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC OpenAI continued its spending spree, announcing on Tuesday that it’s acquired Statsig, a product development startup, for $1.1 billion. Statsig helps…

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  • Business

Elon Musk says 80% of Tesla’s value will eventually come from Optimus

Sagar10 months ago03 mins

A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk predicted that Optimus robots, which have…

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  • Business

Microsoft offers US government $6 billion in savings on cloud services

Sagar10 months ago03 mins

President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft has agreed to give the U.S. General Services Administration $3.1 billion in potential savings over the course of a year on…

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  • Business

Here are the 2 big things we’re watching in the stock market in this week

Sagar10 months ago08 mins

The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy earnings reports within the broader…

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  • Business

BYD’s Hong Kong shares fall nearly 8% after quarterly profit drop

Sagar10 months ago02 mins

Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images Hong Kong-listed shares of BYD slid nearly 8% Monday after the Chinese electric vehicle maker reported a sharp drop in quarterly profit amid an aggressive price war across its domestic industry. The Tesla rival…

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  • Business

OpenAI’s Brad Lightcap leads global expansion, pursuit of enterprise

Sagar10 months ago07 mins

Brad Lightcap, Chief Operating Officer at OpenAI, attends a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 20, 2023. Eric Gaillard | Reuters Sam Altman needed someone to manage the finances. It was 2018, and OpenAI was still a nonprofit research outfit with 40 employees, no consumer product and no…

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  • Business

Eric Trump talks Bitcoin in Hong Kong, predicts $1 million valuation

Sagar10 months ago04 mins

Eric Trump and Donald Trump Jr during the Bitcoin 2025 conference in Las Vegas, Nevada, US, on Wednesday, May 28, 2025. Bloomberg | Bloomberg | Getty Images Eric Trump said Friday he is certain bitcoin will eventually hit a $1 million valuation as he spoke at a Hong Kong conference, marking the first of a…

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Global movement to protect kids online fuels a wave of AI safety tech

Sagar10 months ago05 mins

Spotify, Reddit and X have all implemented age assurance systems to prevent children from being exposed to inappropriate content. STR | Nurphoto via Getty Images The global online safety movement has paved the way for a number of artificial intelligence-powered products designed to keep kids away from potentially harmful things on the internet. In the…

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  • China factory activity grows faster than expected in June on tech export demand
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  • Paraguay stun Germany on pens after VAR drama

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