Sara Montes de Oca

Doximity shares surged more than 100% in premarket trading after CEO Jeffrey Tangney revealed the company's AI search tool earns more than 10 times its cost per search, while first-quarter revenues of $156.6 million topped consensus estimates.

43 DAYS AGO

Chinese AI models are closing the performance gap with U.S. frontier systems and gaining global adoption, but American compute dominance and export controls continue to constrain Beijing's ability to scale, analysts say.

43 DAYS AGO

SK Hynix said Friday it will spend $38.1 billion to build two new memory chip plants in South Korea, with construction on both facilities set to begin in early 2027 and production targeted for 2028 and 2029, as AI-driven demand strains global memory supply.

43 DAYS AGO

A New Mexico judge ordered Meta to pay $567 million into an abatement fund on Thursday, ruling that the company's platforms are a significant contributing factor to a youth mental health crisis — the latest in a series of child safety cases the company faces nationwide.

44 DAYS AGO

Grindr reported second-quarter revenue of $138 million, up 33% year over year, and raised its 2026 guidance as CEO George Arison said the company's AI investment is delivering measurable gains in engineering output and subscription growth.

44 DAYS AGO

Ford Motor has announced its new midsize electric pickup truck will start at $28,350 and carry the name "Fathom," with preorders opening in early 2027 and deliveries expected later that year.

44 DAYS AGO

Huntress discovered attackers exploiting a SQL injection flaw in an Apache Tomcat application to embed a post-exploitation toolkit called khunt directly inside an Oracle database, achieving SYSTEM-level command execution on the underlying Windows server.

45 DAYS AGO

The Kids Online Safety Act cleared the Senate Commerce Committee unanimously on Wednesday, but significant differences between the Senate and House versions — particularly over a "duty of care" provision — could complicate its path to becoming law.

45 DAYS AGO

The Trump administration's AI model-testing framework excludes open-source models entirely, sets a 30-day government review window for closed models, and leaves key terms like "national security risk" undefined, raising questions about the initiative's practical reach.

45 DAYS AGO

Circle revealed the initial operators for its Arc blockchain network, including BlackRock, Visa, Mastercard, and Intercontinental Exchange, ahead of a public launch scheduled for September 16. The network is designed to serve as infrastructure for stablecoin-based digital payments and financial applications.

45 DAYS AGO

Anthropic has named Mariano-Florentino Cuéllar, a former California Supreme Court justice and Carnegie Endowment president, as its first chief global affairs officer, as the Claude developer faces ongoing U.S. government tensions including a Pentagon blacklisting and export controls on its top AI models.

46 DAYS AGO

A cyberattack on Apple supplier Tata Electronics has given Beijing a propaganda opening to cast doubt on India's manufacturing reliability, even as technicians in China's Huaqiangbei market admit they cannot replicate the iPhone 18 Pro from the leaked data.

46 DAYS AGO

Amazon shares climbed 5% on Monday, pushing the company's market value above $3 trillion for the first time, as continued AI-driven cloud demand sustained a post-earnings rally into a third consecutive session.

47 DAYS AGO

Apple's MacBook Air is now facing supply constraints tied to the global memory chip shortage, with delivery times slipping into late August and September as AI infrastructure spending by major tech companies strains semiconductor availability.

48 DAYS AGO

AI spending among the largest technology companies is projected to reach $765 billion in 2026 and nearly $1.2 trillion in 2027, as Amazon, Alphabet, Meta, and Tesla all reported deteriorating cash positions amid a worsening memory chip shortage.

50 DAYS AGO

Apple reported fiscal Q3 revenue of $109.42 billion, up 16% year-over-year, beating expectations, but issued a weaker-than-expected September quarter outlook as rising memory costs accelerate and CEO Tim Cook prepares to hand the reins to John Ternus.

50 DAYS AGO

Amazon shares surged 12% in premarket trading Friday after AWS posted its strongest revenue growth since 2021, while Apple dropped 7% on guidance that missed analyst expectations due to memory shortages and chip supply constraints.

50 DAYS AGO

Amazon disclosed it collected $600 million in tariff refunds during the second quarter after the Supreme Court struck down many of Trump's trade levies, and said it plans to return some of the funds directly to affected customers.

51 DAYS AGO