Category Archives: Tech

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High costs and thin margins threatening AI coding startups

Coding assistant startups are highly unprofitable, says a source familiar with Windsurf financials.

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Rocket Lab eyes big defense opportunities with new acquisition

Rocket Lab is taking the concept of an ‘end-to-end’ space company to new heights with a forthcoming acquisition.

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Omada Health beats on revenue in first earnings report since IPO

The company offers virtual care programs to support patients with chronic conditions.

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How Tim Cook convinced Trump to drop made-in-USA iPhone — for now

Apple CEO Tim Cook went to the White House to announce plans to spend about $600 billion over four years in the U.S.

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Block shares pop 11% on full-year guidance boost

Block reported weaker-than-expected earnings for the second quarter but increased its full-year guidance.

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Pinterest stock falls 10% after earnings miss

Pinterest reported second-quarter earnings on Thursday in which it beat on sales but missed on earnings per share.

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Instacart tops estimates, issues upbeat outlook

Instacart earnings surpassed Wall Street’s estimates and the grocery delivery company shared a strong forecast.

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How to use Instagram Map and set your location-sharing preferences

Following concerns about safety, Instagram head Adam Mosseri reassured users that the feature is opt-in, and noted that some people are “confused” about how the feature works. 

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AppLovin CEO sees benefits from Apple-Epic fallout as stock pops on earnings

Following AppLovin’s better-than-expected earnings report, CEO Adam Foroughi told investors that he sees the company benefiting from the Apple-Epic suit.

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California jury rules Meta violated privacy law in case involving period-tracking app

A California jury ruled against Meta in a privacy-related lawsuit involving the alleged collection of sensitive data from Flo, a period-tracking app.

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