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Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Broadcom's custom AI chip business stays hot and gives the bulls a much-needed win
Shares of Broadcom rose about 5% in extended trading after its earnings report underscored the strength of its custom chip business.
Broadcom CEO Hock Tan sees AI chip revenue 'significantly' above $100 billion next year
Broadcom reported that AI revenue more than doubled in the latest quarter and is projecting continued growth as demand soars.
Amazon's Bahrain data center targeted by Iran for support of U.S. military, state media says
Amazon said the Bahrain facility was damaged due to a nearby drone strike, and two data centers in the UAE were directly hit by drones.
Okta beats fourth-quarter estimates, but issues weak guidance
Okta's stock has dropped this year as investors fret over AI replacing cybersecurity
Tech industry group expresses 'concern' to Pete Hegseth over supply chain risk label
The Information Technology Industry Council's letter doesn't name Anthropic, but lands days after the AI company was designated a supply chain risk.
Google's AI chatbot allegedly told user to stage 'mass casualty attack,' wrongful death suit claims
The father of Jonathan Gavalas accused Google of convincing his son to commit suicide after first encouraging him to execute a "mass casualty attack."
Nvidia CEO Huang says $30 billion OpenAI investment 'might be the last'
Huang also mentioned that Nvidia's $10 billion investment in OpenAI rival Anthropic would likely be its last.
Broadcom beats on earnings and guidance as AI revenue doubles
Broadcom's AI revenue jumped 106% as the company continues to be a big beneficiary of the boom in infrastructure spending.
Apple announces MacBook Neo, its most affordable laptop ever
Appleās new MacBook Neo gives the company its cheapest laptop ever, creating a budget entry into the Mac lineup.
Defense tech companies are dropping Claude after Pentagon's Anthropic blacklist
Anthropic customers that do business with the government are having to make the tough call on whether to abandon Claude.
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