Technology

In this article ABNB Rafael Henrique | LightRocket | Getty Images Airbnb reported strong third-quarter profit growth and a beat on revenue estimates Thursday, as the company continues its recovery from Covid-19 and travel returns as vaccinations efforts ramp up worldwide. Shares briefly rose more than 3% in after-hours trading. Here’s how Airbnb did compared
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Riot’s Whinstone mine in Rockdale, Texas. Riot’s Whinstone Data Center ROCKDALE, Texas – In this rural Texas town of 5,600 people, two of the biggest names in bitcoin mining are battling it out for market share and cheap electricity. These rivals also happen to be next-door neighbors. Bitdeer – a firm spun off from Chinese
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In this article NXPI GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC Semiconductor manufacturer GlobalFoundries debuted on the Nasdaq this week, valued at over $25 billion, as it became increasingly evident that a global chip shortage could persist through 2023 or later. Now GlobalFoundries needs to convince public market investors that the company is
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Tim Cook Source: Apple Apple’s products compete as gaming platforms with Sony Playstation, Microsoft Xbox and Nintendo, the company said on Friday in a regulatory filing. Previously, Apple only said it competed against Google‘s Android in smartphones and Microsoft Windows in PCs for the attention of software developers. Apple’s competitors were an important topic in
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In this article AAPL Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs.   Apple fell over 4% in extended trading.   “We had a very strong performance despite larger than expected supply constraints, which we estimate to
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David Paul Morris | Bloomberg | Getty Images Facebook on Thursday announced that it has changed its company name to Meta. The name change, which was announced at the Facebook Connect augmented and virtual reality conference, reflects the company’s growing ambitions beyond social media with the metaverse, a classic sci-fi term Facebook has adopted to
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