Tech Archives - Page 215 of 1385

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Will Fisker’s Troubles Ever End? EV Maker Reportedly Lost Millions, Missed Filings Due To Lax Procedures — And Now, Price Cuts

March 28, 1:28 AM

According to TechCrunch, citing anonymous sources, the company eventually recovered most of the payments, which included down payments and full vehicle prices.

FSR

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Tech

Google Uncovers China’s Alarming Surge In Cyber Espionage, Zero-Day Exploits Through The Roof

By Ananya Gairola

March 28, 12:27 AM

A Google report highlights China as the top exploiter of zero-day vulnerabilities in 2023, signaling a global rise in such cyber activities and underscoring concerns over China's cyber espionage efforts.

GOOG

2 minute read

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Tech

Nikola Unveils First Commercial Hydrogen Fueling Station In Alberta Near Blackjacks Roadhouse

By Anan Ashraf

March 28, 12:03 AM

EV maker Nikola Corp unveiled Alberta's first commercial hydrogen fueling station with partners, including Blackjacks Roadhouse. Progress for clean energy.

NKLA

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Tech

Amazon Pours $4B Into AI Startup Challenging Google And OpenAI With Its Largest External Investment In 3 Decades

By Ananya Gairola

March 27, 9:56 PM

Amazon boosts its AI efforts with an additional $2.75 billion investment in AI startup Anthropic, bringing its total investment to $4 billion, aiming to enhance generative AI innovation and customer opportunities.

AMZN

2 minute read

Snowflake Stock Is Heating Up After The Bell: Here’s Why

By Adam Eckert

March 27, 4:56 PM

In a new regulatory filing released Wednesday after the bell, newly appointed Snowflake CEO Sridhar Ramaswamy disclosed the purchase of 31,542 shares of the company's stock. Ramaswamy bought the shares on Monday at an average price of $158.52.

GOOG

2 minute read

This US Military Branch Just Trademarked AI Use, What It Could Mean

By Chris Katje

March 27, 3:53 PM

A new trademark filing shows how a leading military branch could be looking to use artificial intelligence.

PLTR

2 minute read

Western Digital Poised For Breakout, Analyst Sees 10% Estimate Beat And Powerful NAND Recovery

By Anusuya Lahiri

March 27, 3:05 PM

Analyst initiates coverage on WDC with Outperform rating and $80 price target. Expects company to outperform with upcoming split and favorable market conditions.

IDAT

2 minute read

Apple’s China Market Challenge: Analyst Attributes iPhone Shipments Decline To Market Digestion

By Surbhi Jain

March 27, 1:54 PM

Looming challenges for Apple in China as iPhone shipments plummet by -33% y/y and -56% m/m. JPMorgan analyst offers tempered perspective on market trends and potential recovery.

AAPL

2 minute read

Alibaba’s Strategy Shift Aims for Turnaround with Enhanced Logistics and Share Buybacks, Earns Analyst Confidence

By Anusuya Lahiri

March 27, 1:33 PM

Mizuho analyst reiterates Buy rating on Alibaba (BABA) with $95 price target. Company withdraws Cainiao IPO and plans to integrate it with core operations.

BABA

3 minute read

Robinhood Aims To Make Gold Membership A ‘No-Brainer’ With 3% Cash Back Card, Vlad Tenev Says

By Adam Eckert

March 27, 12:25 PM

Robinhood unveiled the Robinhood Gold Card at its first-ever keynote event this week. Co-founder and CEO Vlad Tenev explained the company's strategy following the event.

HOOD