Category Archives: Tech

Category Added in a WPeMatico Campaign

Microsoft employees are banned from using DeepSeek app, president says 

Posted on May 8, 2025 by Techme101

Microsoft employees aren’t allowed to use DeepSeek due to data security and propaganda concerns, Microsoft vice chairman and president Brad Smith said in a Senate hearing today. “At Microsoft we don’t allow our employees to use the DeepSeek app,” Smith … Continue reading →

Posted in Tech | Tagged | Comments Off on Microsoft employees are banned from using DeepSeek app, president says 

A timeline of South Korean telco giant SKT’s data breach

Posted on May 8, 2025 by Techme101

In April, South Korea’s telco giant SK Telecom (SKT) was hit by a cyberattack that led to the theft of personal data on approximately 23 million customers, equivalent to almost half of the country’s 52 million residents. At a National … Continue reading →

Posted in Tech | Tagged | Comments Off on A timeline of South Korean telco giant SKT’s data breach

Lyft shares rise as company ups buyback to $750 million

Posted on May 8, 2025 by Techme101

Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.

Posted in Tech | Tagged | Comments Off on Lyft shares rise as company ups buyback to $750 million

Affirm drops 10% on weaker-than-expected guidance for current quarter

Posted on May 8, 2025 by Techme101

Affirm beats on earnings but gave a revenue forecast that trailed analysts’ estimates.

Posted in Tech | Tagged | Comments Off on Affirm drops 10% on weaker-than-expected guidance for current quarter

Pinterest shares rise 15% on better-than-expected guidance

Posted on May 8, 2025 by Techme101

Pinterest shares rose in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance.

Posted in Tech | Tagged | Comments Off on Pinterest shares rise 15% on better-than-expected guidance

Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical

Posted on May 8, 2025 by Techme101

After Palantir’s stock surge, investors now have to pay over 520 times earnings to buy it.

Posted in Tech | Tagged | Comments Off on Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical

Appfigures: Apple made over $10B from US App Store comissions last year

Posted on May 8, 2025 by Techme101

Over $10 billion — that’s how much revenue Apple’s U.S. App Store raked in last year, according to a new analysis by app intelligence provider Appfigures. The firm’s estimates indicate that U.S. App Store revenue from commissions more than doubled … Continue reading →

Posted in Tech | Tagged | Comments Off on Appfigures: Apple made over $10B from US App Store comissions last year

Aurora co-founder Sterling Anderson is leaving the self-driving truck startup

Posted on May 8, 2025 by Techme101

Sterling Anderson, a veteran of the nascent autonomous vehicle sector and co-founder of Aurora, is resigning just a week after the company launched its commercial self-driving truck service in Texas. Anderson held the chief product officer position at Aurora. The … Continue reading →

Posted in Tech | Tagged | Comments Off on Aurora co-founder Sterling Anderson is leaving the self-driving truck startup

Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture

Posted on May 8, 2025 by Techme101

Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. … Continue reading →

Posted in Tech | Tagged | Comments Off on Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture

Social media startup Fizz sues Instacart and Partiful for trademark infringement over new Fizz app

Posted on May 8, 2025 by Techme101

Social media startup Fizz is suing grocery delivery giant Instacart and party planning app Partiful for trademark infringement, the company announced on Thursday. Earlier this week, Instacart launched a new drinks and snack delivery app for parties called Fizz and announced … Continue reading →

Posted in Tech | Tagged | Comments Off on Social media startup Fizz sues Instacart and Partiful for trademark infringement over new Fizz app