Author: franperez66q@protonmail.com
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty ImagesAs Google continues pushing AI-powered summaries to users, sites like Reddit aren’t getting the kind of referral traffic they did in the past. Reddit CEO Steve Huffman said in an interview on Thursday, coinciding with his company’s quarterly earnings report, that Google’s artificial intelligence offering called AI Overviews has created uncertainty when it comes to search-derived traffic. Reddit has historically been a…
Why is Tesla stock climbing after-hours? Source link
Omar Marques | Lightrocket | Getty ImagesSouth Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending.SK Hynix was last trading over 25% higher, putting it on course for its best day on record if gains hold. Samsung rose more than 20%. LG Innotek advanced 11.2% and Seoul Semiconductor rose 7.8%. Japanese chip stocks also rallied sharply. Advantest, climbed nearly 18%, while Tokyo Electron gained almost 9%, Disco rose over 13%, Lasertec advanced more than 12%…
Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports Source link
Apple on Thursday evening reported quarterly beats on its top and bottom lines. But even the world’s greatest consumer products company is not immune to skyrocketing memory prices caused by massive shortages. Revenue in Apple’s fiscal 2026 third quarter ended June 27 increased 16% to $109.42 billion, ahead of the $108.65 billion expected, according to LSEG. Earnings per share (EPS) jumped 29% to $2.02, ahead of estimates of $1.89, according to LSEG. Tariff refunds added about 11 cents to EPS. Stripping out the benefit, earnings exceeded expectations by 2 cents. Why we own it Apple’s dominant hardware and high-margin services…
Ukraine’s envoy to US says ’We need the missiles’ Source link
Tim Cook arriving at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 7th, 2026.David A. Grogan | CNBCApple CEO Tim Cook had a lot to talk about on his last earnings call as CEO, as his company’s stock price trended lower on concerns about supply constraints. Regardless of the selloff, he told investors that Apple has “enormous opportunities” in artificial intelligence.Cook, who will be assuming the role of executive chairman on Sept. 1, said Apple’s hybrid approach to AI, where some workloads can be run on iPhones and Macs is an advantage as…
Domain registrar GoDaddy narrows annual revenue forecast Source link
Dario Amodei, co-founder and chief executive officer of Anthropic, at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Chris Ratcliffe | Bloomberg | Getty ImagesAnthropic on Thursday said it discovered three instances where its Claude artificial intelligence models accessed the internet during an evaluation and “gained unauthorized access to the real systems of three different organizations.” The company said it found these incidents after carrying out a “a large-scale retrospective review” of its cybersecurity evaluations. Anthropic said the review was prompted by a separate but similar security incident that OpenAI disclosed last…
Some Labour MPs had been calling for Abbott to be readmitted to Labour and more than 38,000 people had signed a petition backing her return. Earlier, following reports in the Sun newspaper, external about Abbott’s possible readmission, Jewish groups expressed concern.The Board of Deputies said: “This is an early test of resolve for the Burnham administration.”It is hard to conceive of the whip being restored unless there is clear and sustained evidence of genuine remorse, a proper understanding of why those comments were so hurtful, and an unequivocal recognition that antisemitism is racism.”While people can learn from their mistakes, Diane…