Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.
Data center engineering specialist Arista Networks (NYSE: ANET) had an epic 2022. After early pandemic supply chain constraints that kept a lid on equipment it could ship to customers began to ease, it was off to the races. Companies are migrating their IT infrastructure to the c
Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.
OpenAI, the startup behind ChatGPT, on Thursday said it is developing an upgrade to its viral chatbot that users can customize, as it works to address concerns about bias in artificial intelligence.
What happened
Shares of Microsoft (NASDAQ: MSFT) slipped in early trading on the Nasdaq Thursday, falling 2% through 9:45 a.m. ET. Multiple reports are now flowing in, warning that the company's new ChatGPT-powered Bing search engine may be "breaking down" and appears increasingl
In early trading on Thursday, shares of Cisco Systems topped the list of the day's best performing Dow Jones Industrial Average components, trading up 6.4%. Year to date, Cisco Systems registers a 8.3% gain.
And the worst performing Dow component thus far on the day is Micros
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has suddenly become one of the biggest battleground stocks on the market. The emergence of ChatGPT has created a threat unlike Google has ever faced as its conventional web-crawling search engine could soon be disrupted.
Perion Network (NASDAQ: PERI) has been a surprising winner in the ad tech industry in recent years. In fact, according to the company, it was the only one of 52 ad tech stocks to post a gain in 2022.
For Immediate ReleaseChicago, IL – February 16, 2023– Zacks Director of Research Sheraz Mian says, "For Q1, S&P 500 earnings are currently expected to be down -8.3% on +2.1% higher revenues. This is down from -4% on January 6th and -2.9% in mid-December 2022."
It's been over a year since Microsoft (NASDAQ: MSFT) announced it would acquire Activision Blizzard (NASDAQ: ATVI) in an all-cash deal valued at $68.7 billion, yet the deal remains uncertain. Activision shares are trading about 24% below its acquisition price of $95 per share.
Artificial intelligence (AI) isn't new to those in the tech industry or to investors. But now it has exploded on Main Street as well, thanks to the introduction of the chatbot dubbed ChatGPT.
We've entered the age of AI. Artificial intelligence has the potential to reshape vast sections of our society. From tech to healthcare to retail, and nearly every industry in between, those who deploy AI effectively will survive and thrive. Those who don't will be disrupted and
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
U.S. House Judiciary Committee Chairman Jim Jordan on Wednesday subpoenaed the chief executives of Alphabet, Amazon, Apple, Facebook and Instagram parent Meta Platforms, and Microsoft for documents and communications relating to free-speech issues.
U.S. House of Representatives Judiciary Committee Chairman Jim Jordan on Wednesday subpoenaed the chief executives of Alphabet, Amazon, Apple, Facebook and Instagram parent Meta Platforms, and Microsoft for documents and communications relating to free-speech issues.
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