Technology

An index of cloud software stocks is down 38% from its high in November, but two key members gave a reason for optimism on Wednesday.

“We’re not currently working on the $25,000 car,” Musk said. ” At some point we will. We have enough on our plate right now. Too much on our plate, frankly.”

The Wall Street Journal said it will take several hours for it to take effect on the platform.

Kebbi the Educational Robot is helping students learn.

Intel said it expected $18.3 billion in adjusted sales in the first quarter of 2022, beating consensus analyst expectations of $17.62 billion. 

The automaker said supply issues will likely persist in 2022, even as income jumped more than 700% in the fourth quarter.

Boom says the Overture will fly at a top speed of Mach 1.7, or about 1,300 mph, allowing it to shave hours off of some international flights.

The U.K. company sells its retail automation technology to top retailers including Kroger, Britain’s Morrisons and France’s Casino.

The Covid-19 pandemic exposed how vulnerable older workers can be to income shocks. Google and AARP are launching new digital training to help change that.

The House of Representatives on Tuesday debuted a bill designed to boost U.S. semiconductor manufacturing and competition with China.

“There’s no more Jimmy Chill when it comes to SPACs,” the “Mad Money” host said Wednesday.

The Diem Association, which oversees development of the Diem digital currency, is considering a sale of its assets, according to a Bloomberg report.

The company beat analyst estimates on earnings and revenue in its latest report.

“It’s incredible what you can do with the right technology or the right accommodations,” says lawyer Josh Basile.

Dow futures jumped Wednesday as Wall Street waits to hear from the Fed in the afternoon at the end of its two-day January meeting.

The bank touts its security and prestige as a key factor differentiating it from fintech rivals like Klarna and Afterpay.

A European Union court has overturned a 1.06 billion euro ($1.2 billion) antitrust fine that was levied against U.S. chipmaker Intel in 2009.

Chinese tech company Baidu and auto manufacturer Geely are putting more money into the electric car venture Jidu that they partnered on just about a year ago.

With the launch of the P50 Pro and P50 Pocket, Huawei is backing its consumer business despite plunging market share as a result of continuing U.S. sanctions.

Sports gambling companies, casinos and lotteries saw the most significant spike in NFL sponsorship agreements, while tech was number-one by total value.

FTX U.S., the American affiliate of cryptocurrency exchange FTX, has raised $400 million in its first external fundraising round.