Let’s say this upfront: buying shares in Snapchat’s initial public offering next week is an act of lunacy. It’s nuts to buy stock of a company with just a two-year track record of generating revenue, a loss of $1,27 for each
Browsing: Google
In 2013, Google ran its first tests for Project Loon, an ambitious effort to circulate broadband-emitting balloons across the globe. On Thursday, the company said that’s not necessary anymore. Executives at the project said
“We are always looking at acquisitions,” Apple CEO Tim Cook told analysts last month. “There’s not a size that we would not do.” It’s a message he’s increasingly stressed over the past year as investors
Apple shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1% to US$133,29 at the close Monday in
Ford Motor Co is investing US$1bn in a months-old start-up founded by two pioneers in the nascent autonomous vehicle sector. The Pittsburgh-based artificial intelligence company Argo AI will develop the brains – specifically, a virtual
When our robot overlords arrive, will they decide to kill us or cooperate with us? New research from DeepMind, Google parent Alphabet’s London-based artificial intelligence unit, could ultimately shed
Of all the lasting effects of Edward Snowden’s leaks, there’s one photo that leaves a particularly strong mark. In it, US federal employees in t-shirts and blue jeans are seen intercepting network equipment from Cisco at a shipping
More than 120 companies, from Apple to Zynga, filed an impassioned legal brief condemning US President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late
Few tech workers come from the seven countries affected by US President Donald Trump’s entry ban. But the 97 US companies, most of them from the tech sector, that lent their support to the State of Washington’s lawsuit aiming to block
Alphabet has warned investors about a slew of new competitors, highlighting the company’s broad expansion beyond its original Google search business. It named rivals including Apple, Netflix and Hulu, while highlighting risks from