Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee during a hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images Facebook users have less than one month remaining to apply for their share of a $725 million settlement related to Facebook’s privacy violations. This settlement …
VinFast is poised to commence construction on its long-awaited U.S. factory this Friday. Steve Russell | Toronto Star | Getty Images Le acknowledged the growing competition in the U.S. market. “We believe there is still ample opportunity for new entrants. As long as we offer high-quality products, U.S. consumers are receptive to new players,” said …
During the Galaxy Unpacked event in Seoul, South Korea on July 26, 2023, Samsung unveiled the fifth generation of its foldable smartphones, including the Samsung Galaxy Z Fold 5 and Galaxy Z Flip 5. This release comes as Samsung faces a sluggish market for devices and upcoming competition from Apple Inc. In terms of financial …
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters European Union regulators have initiated an antitrust investigation into Microsoft’s practice of bundling its video and chat app, Teams, with other Office products. The European Commission, the EU’s executive arm, believes that these …
Twitter unveils X logo to replace Larry the bird. Rafael Henrique | Lightrocket | Getty Images A former top Twitter executive has expressed her opinion on Elon Musk, calling him an “echo chamber” inhabitant and expressing surprise at his willingness to burn bridges. In a lengthy post on Musk’s social media platform, Esther Crawford defended …
Sen. Ron Wyden (D-OR) delivered a powerful demand on Thursday, urging the Justice Department and two civil regulators to launch separate investigations into what he called Microsoft’s “negligent cybersecurity practices.” According to Wyden, these practices led to a targeted hack that affected the highest levels of President Joe Biden’s cabinet. The Chinese hackers managed to …
Pat Gelsinger, CEO of Intel Corporation, delivered a compelling testimony during the Senate Commerce, Science, and Transportation hearing on semiconductors titled “Developing Next Generation Technology for Innovation” in the Russell Senate Office Building on Wednesday, March 23, 2022. Image Credit: Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel has released its second-quarter earnings, …
Indicted FTX founder Sam Bankman-Fried departs from the U.S. Courthouse in New York City on July 26, 2023. Amr Alfiky | Reuters Federal prosecutors have dropped a campaign finance charge against Sam Bankman-Fried, marking the second time they have narrowed the indictment against the founder of the cryptocurrency exchange FTX. In a court hearing, prosecutors …
In an engaging address at the Google Cloud Next ’19 event in San Francisco, California, Sundar Pichai, the CEO of Google, captivated the audience with his visionary insights. Alphabet’s stock witnessed a remarkable surge of nearly 6% following the company’s Q2 earnings announcement. The robust performance exceeded expectations, fueled by impressive growth in cloud computing …
During Microsoft’s annual shareholder meeting in Bellevue, Wash. on November 30, 2016, CEO Satya Nadella attentively listens to an audience member’s question. Image credit: Stephen Brashear | Getty Images News | Getty Images Microsoft shares experienced a 3.7% decline on Wednesday following the company’s issuance of quarterly revenue guidance that fell short of expectations. While …