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Breaking News: Technology

Adyen tops profit forecast on market expansion and slower hiring, shares jump

by Walter Watson
Adyen tops profit forecast on market expansion and slower hiring, shares jump

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | …

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UK considers tougher Online Safety Act after UK riots, Musk comments

by Edgar Davis
UK considers tougher Online Safety Act after UK riots, Musk comments

As the riots raged in the U.K., Elon Musk began making incendiary comments about the situation, including the statement: “Civil war is inevitable.” Musk is the owner of X, the …

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Fintech firm Airwallex hits $500M ARR, plans to be IPO-ready by 2026

by Walter Watson
Fintech firm Airwallex hits 0M ARR, plans to be IPO-ready by 2026

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates. Jose Sarmento | Bloomberg | …

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Schumer says a crypto bill can pass Senate this year; Dems join ‘Crypto4Harris’ call

by Vera Ward
Schumer says a crypto bill can pass Senate this year; Dems join ‘Crypto4Harris’ call

US Senate Majority Leader Chuck Schumer presents US Vice President Kamala Harris with a “golden gavel” after she cast her 32nd tie-breaking vote in the Senate, the most ever cast …

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NASA astronauts waiting for return decision

by Anas Siddiqui
NASA astronauts waiting for return decision

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA Log entry: Day 71. Butch Wilmore and Suni …

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Cisco (CSCO) earnings report Q4 2024

by Edgar Davis
Cisco (CSCO) earnings report Q4 2024

Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco shares popped in extended trading …

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23andMe CEO Anne Wojcicki files proposal to take company private

by Akin Smith
23andMe CEO Anne Wojcicki files proposal to take company private

A sign is posted in front of the 23andMe headquarters in Sunnyvale, California, on Feb. 1, 2024. Justin Sullivan | Getty Images Anne Wojcicki, CEO of 23andMe, has submitted a …

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FTC bans fake reviews, social media influence manipulation

by Vera Ward
FTC bans fake reviews, social media influence manipulation

Federal Trade Commission Chair Lina Khan testifies during a hearing of the House Appropriations Subcommittee on Financial Services and General Government, May 15, 2024. Tom Williams | CQ-Roll Call, Inc. …

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Chinese EV startups are spending more on research than Tesla is

by Horatio Thompson
Chinese EV startups are spending more on research than Tesla is

Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more …

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White House hosts Creator Economy Conference to talk AI, privacy

by Vera Ward
White House hosts Creator Economy Conference to talk AI, privacy

U.S. President Joe Biden departs the White House on August 13, 2024 in Washington, DC. Biden is traveling to New Orleans to participate in a Biden Cancer Moonshot Event.  Kevin …

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