technology News
KULR Stock Surges on $30M Battery Supply Deal with Caban Energy
The five-year agreement includes the expansion of KULR's U.S. manufacturing footprint through the acquisition of Caban's facility in Texas.
Airbnb Taps Meta AI Head as CTO, Signaling Deeper AI Push
Shares rise as the travel company appoints Ahmad Al-Dahle, the former head of Meta's generative AI group, to lead its technology strategy.
Cybersecurity Stocks Tumble on US-China Tech Tensions
Palo Alto Networks and Fortinet lead declines after reports that Beijing has ordered a halt to the use of some foreign security software.
Global Smartphone Market Snaps Back with 4% Q4 Growth
An Omdia report shows Apple extending its market leadership for a third straight year, signaling a rebound for the consumer electronics sector after a period of tepid sales.
Tesla to End FSD Purchase Option, Shift to Subscription Model
CEO Elon Musk announces the company's advanced driver-assist system will only be available via a monthly subscription, signaling a major strategic shift towards recurring revenue.
Nvidia Grapples With Fallout From US Curbs on China AI Chip Sales
Washington's expanded export controls, enacted in late 2023, have carved out a critical revenue stream, forcing a strategic realignment for the semiconductor giant.
Impinj Shares Slip as Preliminary Revenue Falls Just Shy of Estimates
The RAIN RFID leader's stock dipped despite forecasting stronger profitability, highlighting investor sensitivity to top-line growth for the high-flying tech name.
Alphabet's Cloud Unit Gains Steam with New SoftServe Partnership
IT consulting firm SoftServe establishes a dedicated Google Cloud business unit, signaling accelerating enterprise adoption and a strengthening partner ecosystem.