Analysts are optimistic over Nvidia’s growth opportunities even as a key end market falters. The chipmaker reported better-than-expected fiscal first-quarter earnings and guidance Thursday. But the company said on the earnings conference call its second-quarter cryptocurreny mining chip sales will likely fall by two-thirds quarter over quarter. Nvidia’s stock price fell 2.2 percent Friday. Goldman […]
Read moreTelecommunications giant AT&T said Friday that hiring President Donald Trump‘s lawyer Michael Cohen as a consultant was a “big mistake.” AT&T’s apology came a day after drug maker Novartis likewise said, “we made a mistake” in hiring Cohen as a consultant. Novartis previously had revealed that it paid Cohen a whopping $1.2 million under a […]
Read moreElon Musk’s first Boring tunnel under Los Angeles is “almost done” and set to offer free rides to the public “in a few months,” the CEO said late Thursday in an Instagram post. “Super huge thanks to everyone that helped with this project,” Musk captioned a video racing through the tunnel. “Once fully operational (demo […]
Read moreChinese smartphone maker Coolpad Group said its unit has sued three group firms of Xiaomi, which last week filed for a Hong Kong IPO that could be worth up to $10 billion, for patent infringement. Coolpad said in a statement late on Thursday its subsidiary, Yulong Computer Telecommunication Scientific (Shenzhen) filed a lawsuit against Xiaomi […]
Read moreTechnology and artificial intelligence (AI) are fashioning how people interact with everything from food to healthcare — and so, too, for religion. From electronic scriptures to robot priests, different faiths have absorbed new ideas from the world of technology to enhance mainstream religious practices. Muslims across the world can download apps such as Muslim Pro, […]
Read moreNetwork gear maker Cisco Systems is pulling all online ads from YouTube due to fears of the ads appearing on sensitive content on the platform, Cisco’s chief marketing officer, Karen Walker, said in a blog on Wednesday. The blog, which seemed to have been removed from Cisco’s website on Thursday, said the company would not […]
Read moreToo many cryptocurrency clients and fewer cloud computing orders than expected underwhelmed Nvidia investors on Thursday, although the graphics chip maker said a supply shortage that hit its core video game audience had eased. The U.S. company best known for chips that enhance video game graphics has diversified into an array of businesses including artificial […]
Read moreApple has teamed up with aluminum producers Alcoa and Rio Tinto on a joint venture aimed at smelting aluminum without emitting greenhouse gases. The tech company said Thursday that “revolutionary” new technology created by the project replaces the use of carbon, which is normally used in the smelting process, with an advanced conductive material. Through […]
Read moreWhile automakers are fixated on developing the next generation of electric cars, one British firm has other ideas. Riversimple is hoping that its hydrogen-powered two-seater car, which has a futuristic design crossed with retro traits, might be able to offer a viable alternative to electric vehicles. The Wales-based company has created a car called Rasa. […]
Read moreDavid Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors Some Panasonic executives are expressing hesitation about new investments with Tesla in battery manufacturing, according to a report out Thursday in the Nikkei Asian Review. Tesla and Panasonic were expected to set up a new factory together […]
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