Author Archives: Techme101

CNBC Daily Open: U.S. stocks retreat from highs as Broadcom leads tech sell-off

In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.

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Roomba vacuum cleaner firm files for bankruptcy

Under the so-called pre-packaged Chapter 11 process, the main maker of its devices will take ownership of the firm.

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How iRobot lost its way home

iRobot survived three decades of competition, but couldn’t survive European regulators killing its Amazon buyout. Now it’s being taken over by its own supplier in bankruptcy court.

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CNBC Daily Open: Investors sell off tech despite steady Broadcom numbers

In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.

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WhatsApp’s biggest market is becoming its toughest test

Meta has three months to comply with Indian government directions that could affect how WhatsApp operates in the country.

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Dan Ives loves these 4 European tech companies. Analysts expect those stocks to rise

The Wedbush Securities head of tech research is watching SAP, ASML, Klarna and Spotify closely

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Grok got crucial facts wrong about Bondi Beach shooting

Grok, the chatbot built by Elon Musk’s xAI and popularized on his social media platform X, appears to have repeatedly spread misinformation about today’s mass shooting at Bondi Beach in Australia.

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Mesa shuts down credit card that rewarded cardholders for paying their mortgages

Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages.

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Broadcom and Costco’s rich valuations leave little room for error as battleground stocks

In his Sunday column for Investing Club subscribers, CNBC’s Jim Cramer writes about the issues facing Broadcom and Costco.

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Making sense of the risky Netflix-Warner Bros. deal

Netflix’s $82.6 billion acquisition of Warner Bros. encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants.

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