Nikola's founder and former CEO, Trevor Milton, was found guilty on three counts of fraud in October 2022.Massimo Pinca | ReutersShares of electric truck maker Nikola traded higher Tuesday after the company said in a regulatory filing that… Read More...
Sundar Pichai, CEO, AlphabetLluis Gene | AFP | Getty ImagesAlphabet reported 11% revenue growth in the third quarter, as a rebound in advertising pushed expansion into double digits for the first time in over a year. The shares dropped… Read More...
Apple CEO Tim Cook takes a dip in the crowd after the presentation of the new iPhone 15. Christoph Dernbach | Picture Alliance | Getty ImagesApple is on track to spend $1 billion per year on developing its generative artificial intelligence… Read More...
A Tesla Model Y is seen on a Tesla car lot in Austin, Texas, on May 31, 2023.Brandon Bell | Getty ImagesIn a third-quarter financial filing out Monday, Tesla disclosed that the U.S. Department of Justice has been investigating, and in some… Read More...
Hon Hai Group's headquarters, in Taipei, Taiwan, 15 July 2021.Ceng Shou Yi | Nurphoto | Getty ImagesApple supplier Foxconn, officially known as Hon Hai, said it will cooperate with Chinese authorities on investigations, following a report… Read More...
Apple NameDrop in iOS 17.AppleThe next time you are at a networking event or dinner party, you can exchange phone numbers with a new colleague or friend just by holding your iPhones near each other.The feature, known as NameDrop, became… Read More...
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the company's chief legal officer, Paul Grewal, told CNBC."I'm quite hopeful that these applications will be… Read More...
Tristan Fewings | Getty ImagesPaddy Cosgrave, the CEO and co-founder of annual tech conference Web Summit, has resigned from his post after coming under fire for his comments on the Israel-Hamas war, leading Big Tech guests like Alphabet,… Read More...
Drew Houston, Dropbox Co-Founder and CEO.Arun Nevader | CNBCDropbox said Friday that it's agreed to return over one quarter of its San Francisco headquarters to the landlord as the commercial real estate market continues to soften following… Read More...
Apple iPhone supplier Foxconn, officially known as Hon Hai, said its semiconductor strategy is to focus on producing "specialty chips" — not competing in cutting-edge chips."We do not chase the most advanced technology. Hon Hai will not… Read More...
