Monthly Archives: May 2023

Maxar completes $6.4B sale to private equity

Maxar Technologies, the satellite imaging and manufacturing company, has completed its $6.4 billion sale to private equity. The company announced on Wednesday that it was no longer listed on the New York Stock Exchange following the closing of the acquisition … Continue reading

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Qualcomm gives light forecast, phone chip sales fall 17%

Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.

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Google I/O 2023 is next week; here’s what we’re expecting

Google’s annual developer conference returns to Mountain View’s Shoreline Amphitheater next week, and for the first time in four years, we’ll be returning along with it. The kickoff keynote is always jammed-packed full of information, debuting all of the different … Continue reading

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Payment software giant AvidXchange suffers its second ransomware attack of 2023

Hackers have published a trove of sensitive data stolen from payment software company AvidXchange after the company fell victim to ransomware for the second time this year. AvidXchange provides cloud-based software that helps organizations automate invoice processing and payment management … Continue reading

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Blue verified checkmarks are coming to Gmail

Google is going to start displaying a blue checkmark next to select senders’ names on Gmail to verify their identity, the company announced on Wednesday. The new blue checkmarks will automatically appear next to companies that have adopted Gmail’s existing … Continue reading

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AI is just someone else’s computer

Samsung this week became the latest big name to ban its employees from using generative AI tools such as ChatGPT and Google Bard, warning staff that they could be fired if they’re caught using them. In an internal memo obtained … Continue reading

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IoT’s Changing Role in the Development of Smart Cities

As the global population continues to grow, and more people move to urban centers in search of better opportunities, city planners and authorities must turn to IoT smart technology to address the issues of large-scale urbanization.  From public transport to … Continue reading

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Apple expected to announce $90 billion in buybacks and dividends when it reports earnings

Regardless of its quarterly results, Apple will remind investors of how much cash it generates and its extreme profitability.

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FTC proposes barring Meta from monetizing kids’ data

According to the FTC, an independent assessor found “several gaps and weaknesses in Facebook’s privacy program” that posed “substantial risks to the public.”

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Chegg shares rebound with 17% pop after losing almost half their value on ChatGPT concerns

Chegg CEO Dan Rosensweig told CNBC late Tuesday that the stock’s 48% plunge during regular trading hours was “extraordinarily overblown.”

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