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Author Archives: Techme101
EBay stock surges on earnings beat, rosy guidance
EBay reported better-than-expected earnings and revenue in its quarterly report.
Figma prices IPO at $33, above expected range
Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech company to go public.
‘Superintelligence’ Will Create a New Era of Empowerment, Mark Zuckerberg Says
Mr. Zuckerberg made his comments about the hypothetical artificial intelligence as Meta posted a 36 percent quarterly increase in profit and a 22 percent jump in revenue.
Microsoft Backs Up A.I. Spending With $27.2 Billion Quarterly Profit
The company’s results are likely to ease investors’ worries that big investments in artificial intelligence aren’t paying off.
Zuckerberg says people without AI glasses will be at a disadvantage in the future
Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together.
Posted in Tech
Tagged TechCrunch
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Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club
Based on its post-market trading, Microsoft has become the world’s second $4 trillion company following quarterly earnings.
Arm shares dip 8% on revenue miss
The company reported revenue that missed analysts’ expectations.
SpaceX faces two new lawsuits alleging safety‐related retaliation
The lawsuits offer a closer look at the safety environment at SpaceX.
Posted in Tech
Tagged TechCrunch
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Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like … Continue reading
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Tagged TechCrunch
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Qualcomm beats on earnings, highlights growth in Meta smartglasses
Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guidance.