Technology

Apple Files Fresh Legal Challenge Against UK Demand for Encrypted iCloud Data

Apple has filed a new legal challenge at the Investigatory Powers Tribunal against a UK Home Office demand for back-door access to encrypted iCloud data.

Snap Shares Jump 10% on Earnings Beat and Upbeat Sales Forecast

Snap stock surged about 10% after topping second-quarter earnings estimates and issuing an upbeat sales forecast, aided by World Cup advertising demand.

Palantir, Snap and On Semiconductor Lead After-Hours Stock Moves on Earnings

Palantir, Snap and On Semiconductor were among the biggest after-hours stock movers following the latest round of quarterly earnings reports.

Larry Berg Named Next MLS Commissioner, Succeeding Don Garber in 2027

LAFC co-owner Larry Berg will become the next MLS commissioner, succeeding Don Garber, as the league eyes momentum from the 2026 World Cup.

25 States Sue Trump Administration Over Latest Global Tariffs on 60 Trading Partners

Twenty-five Democratic-led US states sued the Trump administration, arguing its latest tariffs on 60 trading partners exceed presidential authority.

DeepSeek Pauses Developer Top-Ups Amid Surging Demand for AI Models

DeepSeek, the Chinese AI start-up that recently gained global recognition, has temporarily suspended developer top-ups for its platform due to high demand. On Thursday,...

Match Group Appoints Spencer Rascoff as CEO Amid Leadership Change

Match Group has announced Spencer Rascoff as its new CEO, replacing Bernard Kim. Rascoff, best known for co-founding Zillow, has been a board member...

Snap Reports Strong Q4 Results, Shares Surge Amid Growing User Base

Snap shares rose in extended trading following the company’s better-than-expected Q4 earnings report. The social media platform reported $1.56 billion in revenue, slightly surpassing...

Google Updates AI Principles, Removing Pledge Against Military and Surveillance Use

Google has updated its AI Principles, removing previous commitments to refrain from developing weapons and surveillance technologies that violate international norms. The revised guidelines...

Uber Reports Strong Q4 Revenue but Stock Drops Amid EPS Miss and Soft Guidance

Uber shares fell more than 7% after the company’s fourth-quarter earnings report showed strong revenue growth but missed earnings per share (EPS) expectations and...

Teladoc Acquires Catapult Health in $65M Deal to Expand Preventative Care

Teladoc Health shares rose nearly 6% after the company announced its acquisition of preventative care provider Catapult Health in an all-cash $65 million deal....

Alphabet Shares Drop 7% as AI Investment and Cloud Growth Raise Concerns

Alphabet’s stock fell 7.2%, marking its worst session since January 2024, after the company missed fourth-quarter revenue expectations and unveiled significant investment plans for...

AMD Shares Drop 6% Amid Disappointing Data Center Revenue

Advanced Micro Devices (AMD) saw its stock drop 6.3%, closing at $112.01, its lowest level since November 2023, after reporting data center revenue that...

Qualcomm Reports Strong Q1 Earnings and Positive 2025 Outlook

Qualcomm posted better-than-expected fiscal Q1 results, with strong revenue growth across its key markets. The company reported $3.41 in adjusted earnings per share, surpassing...

Salesforce Appoints Robin Washington as President, CFO, and COO

Salesforce has named Robin Washington as its new President, Chief Financial Officer, and Chief Operating Officer, effective March. Washington, a longtime board member and...

UPS Shares Drop 14% as Company Cuts Amazon Deliveries and Lowers Revenue Forecast

United Parcel Service (UPS) shares fell 14% after the company announced plans to reduce its Amazon delivery volume by more than half by the...

OpenAI in Talks to Raise $40 Billion, Valuation Could Hit $340 Billion

OpenAI is in discussions to raise up to $40 billion in a new funding round that could push its valuation to as high as...

Intel Reports Strong Q4 Earnings Despite Revenue Decline and AI Challenges

Intel reported better-than-expected earnings and revenue for the fourth quarter, but its outlook disappointed investors. Despite a 7% year-over-year revenue decline, the company exceeded...

Apple’s Soaring Profit Margins Driven by Growing Services Business

Apple’s latest earnings report highlights a shift in its growth strategy, with record-high profit margins driven by the expansion of its services business. In...

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