Data center provider Equinix ‘selling an AI pipe dream’
Charles J. Meyers, president and CEO of Equinix, poses in his office in Redwood City, Calif., Dec. 18, 2018. Nhat V. Meyer | Bay Digital First Media | The Mercury …
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Reddit power users balk at chance to participate in IPO as debut nears
Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 …
Bitcoin turns higher after Fed meeting, reclaiming $65,000
Bitcoin turned higher on Wednesday, reversing early losses, as investors took a pause from the recent pullback and weighed the Federal Reserve’s latest policy decision. The price of the flagship …
Intel awarded up to $8.5 billion from CHIPS Act, with loans available
The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. …
Amazon gets boost from 72% pop in AI company Astera Labs’ IPO
In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Amazon CEO Andy …
In swing state Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics
US President Joe Biden gives a speech at Intel Ocotillo Campus on March 20, 2024 in Chandler, Arizona. Biden announced $8.5 billion in federal funding from the CHIPS Act for …
Microsoft debuts first Surface PCs with dedicated Copilot AI button
Microsoft is releasing its first Surface PCs featuring a dedicated Copilot button on the keyboard for quickly accessing the chatbot, following through on a promise it made in January. The …
Big week for tech IPOs like Reddit boosts Morgan Stanley after lull
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO …
Why car insurance rates are increasing in the U.S.
Car insurance is getting more expensive. The average annual premium for full coverage auto insurance in the U.S. rose to $2,543 in 2024 — up 26% from the previous year, …
DOJ’s Kanter has a message to shareholders
The Justice Department’s top antitrust official said Friday that Apple shareholders should encourage the company to “compete on the merits,” one day after the government sued the iPhone maker over …