Technology

In this article IT A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The global chip shortage has been rumbling on all year and still hasn’t gone away. But what does that mean for Christmas? Will some presents be harder to get hold of

The semiconductor industry is on track to record exponential growth over the next decade, according to the CEO of Abu Dhabi sovereign wealth fund Mubadala, who said chipmakers are poised to play a “crucial” role in the global economy. “It took 50 years for the semiconductor business to turn into a half a trillion-dollar business.

New Constructs CEO David Trainer New Constructs Just before Sweetgreen held its IPO last month, research firm New Constructs came out with a particularly gloomy price target on the salad restaurant chain: $0. The offer price was $28. A week earlier, New Constructs said Rivian was worth $13 billion, far shy of the $66.5 billion

In this article BZFD BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images BuzzFeed fell 39% in its first week of trading, closing

Amazon Web Services CEO Adam Selipsky delivers a keynote address during the AWS re:Invent conference in Las Vegas on November 30, 2021. Noah Berger | Getty Images Amazon Web Services on Friday published an explanation for an hours-long outage earlier this week that disrupted its retail business and third-party online services. The company also said

SAN FRANCISCO, CALIFORNIA – SEPTEMBER 16: Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Oracle chairman of the board and chief technology officer Larry Ellison kicked off the 2019 Oracle OpenWorld with a keynote address.

In this article TSLA Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Elon Musk is continuing to offload Tesla stock. The tech billionaire sold 934,091 Tesla shares, according to financial filings with the

In this article GOOGL Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018. David Paul Morris | Bloomberg | Getty Images Google executives are acknowledging employee concerns about rising inflation, but say they have no plans to respond with

Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Robotic vacuum cleaners couldn’t be summoned. Whole Foods orders were suddenly canceled. Parts of Amazon’s mammoth retail operation slowed to a standstill.  Amazon Web Services,

Elizabeth Holmes, founder of Theranos Inc., leaves federal court in San Jose, California, on Wednesday, Dec. 8, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — In her final effort to try and sway the jury in her criminal fraud trial, Theranos founder Elizabeth Holmes blasted ex-boyfriend Ramesh “Sunny” Balwani, her

In this article MMAT A worker picks up trash in front of a new logo and the name ‘Meta’ on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Images Meta, formerly Facebook, has announced it will fully reopen its U.S. offices on Jan. 31,

In this article AMZN Attendees at an Amazon.com annual cloud computing conference Salvador Rodriguez | Reuters Amazon‘s cloud-computing unit on Tuesday was hit with an outage that took down some websites and services. A notice on Amazon Web Services’ status page said it was experiencing problems with certain APIs and the AWS Management Console. The

In this article FOUN People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images This year’s bull market

In this article TSLA Robotics arms install the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla is replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3

SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank Group shares fell by more than 8% Monday as the value of its portfolio companies continued to slide. The Japanese tech giant’s share price fell from 5201

In this article BTC.CM= ETH= The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images While judges review subpoenas in an almost year-long case that pits Google against its workers, former company employees are doing their part to highlight

For years, Amazon has been quietly chartering private cargo ships, making its own containers, and leasing planes to better control the complicated shipping journey of an online order. Now, as many retailers panic over supply chain chaos, Amazon’s costly early moves are helping it avoid the long wait times for available dock space and workers

In this article DOCU ETSY DASH ZM A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images A funny thing happened on the way to the stock market’s retreat. Stay-at-home stocks that benefitted most from Covid-19 and the ensuing lockdowns, like Etsy, DoorDash,

In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal, who on Monday replaced co-founder Jack Dorsey, is quickly reorganizing the company’s leadership structure across product and engineering. Twitter said in a regulatory filing on Friday that “to drive increased accountability, speed, and operational efficiency,” the