Alibaba Shares Rise As AI Drives 34% Cloud Revenue Growth
Cloud sales accelerate as Alibaba expands AI investments Alibaba said it may increase spending on artificial intelligence beyond its current projections as demand remains strong, a signal that followed accelerated…
Dell Misses On Revenue But Lifts Outlook On Strong AI Demand
Dell posts mixed results with stronger guidance for the next quarter Dell reported fiscal third-quarter earnings that came in below Wall Street revenue expectations, while issuing a fourth-quarter forecast that…
Amazon delivery drone incident in Texas prompts FAA investigation after aircraft clips internet cable
Federal investigation launched after mid-air cable strike Amazon is under federal scrutiny after one of its MK30 delivery drones struck and snapped an internet cable in Waco, Texas, an incident…
Roblox CEO Pushes Back During Podcast Questions About Child Safety
Roblox CEO Dave Baszucki joined The New York Times’ Hard Fork podcast to discuss the company’s new age verification feature, but the conversation shifted repeatedly toward child safety, prompting increasingly…
Japan Bets on Hokkaido to Become a New Global Semiconductor Hub
Hokkaido has long been one of Japan’s major agricultural regions. Today, the northern island known for dairy farms, ski resorts and summer flower fields is being redesigned as the centerpiece…
Meta Seeks Approval to Trade Electricity to Support Data Center Power Needs
Meta is seeking federal approval to trade electricity, a move the company says will help accelerate the development of new power plants needed to supply its data centers. Bloomberg reported…
Daily Mail Publisher Reaches £500 Million Deal to Acquire the Daily Telegraph
The publisher of the Daily Mail has agreed to buy the Daily Telegraph and Sunday Telegraph for £500 million, marking the latest development in a long-running ownership battle. Daily Mail…
Scammers Continue Targeting Companies With Fake TechCrunch Outreach
TechCrunch says an increasing number of scammers are impersonating its reporters and events staff to approach companies, using the publication’s name to extract sensitive information. The outlet said inquiries from…
Google Executive Says AI Compute Must Double Every Six Months to Meet Rising Demand
Google’s AI infrastructure chief told employees that the company must double its compute capacity every six months to keep up with rising demand for artificial intelligence services. The internal message…
Salesforce Investigates Data Access Incident Linked to Gainsight-Connected Applications
Salesforce says hackers accessed some customers’ data through Gainsight-connected applications, prompting an ongoing investigation into how attackers reached systems tied to the customer-success platform. The company said the activity does…
Walmart posts strong quarterly growth as shoppers hunt for holiday deals
Walmart is heading into the holiday season with more confidence than many U.S. retailers, reporting stronger-than-expected quarterly sales and raising its full-year outlook as consumers across income levels seek value…
Adobe plans $1.9B purchase of Semrush to expand marketing stack
Adobe said on Wednesday that it reached an agreement to acquire Semrush for about $1.9 billion in cash, adding the search and content-optimization platform to its wider digital marketing portfolio.…
Nvidia Shares Rise After Revenue and Forecast Exceed Wall Street Expectations
Nvidia Beats Revenue Estimates and Raises Outlook Amid AI Market ConcernsNvidia reported quarterly results that surpassed Wall Street’s expectations for both revenue and future sales, easing investor concerns about heavy…
Emm Raises $9 Million to Develop One of the First Smart Menstrual Cups With Built-In Sensor Technology
Startup Unveils Smart Menstrual Cup After Five Years of DevelopmentEmm raised a $9 million seed round to support the launch of what its founder Jenny Button describes as one of…
Trump Administration Approves $1 Billion DOE Loan to Restart Three Mile Island Reactor for Microsoft-Backed Power Deal
DOE Loan Supports Restart of Three Mile Island’s Unit 1 ReactorThe Trump administration said Tuesday it will provide Constellation Energy with a $1 billion loan to restart a nuclear reactor…
Lambda Raises $1.5 Billion After Securing Multibillion-Dollar AI Infrastructure Deal With Microsoft
Lambda Secures Major Funding Round Led by TWG GlobalAI data center provider Lambda raised $1.5 billion in new financing led by TWG Global, a $40 billion investment firm created by…
Idaho Dealership Claims Monarch’s Tractors Failed to Deliver Promised Autonomy
Monarch Tractor is being sued by Burks Tractor, an Idaho dealership that says the company misrepresented the autonomous abilities of its electric tractors. The lawsuit alleges the machines were “unable…