Britain does bad job at commercializing tech globally: Former Arm CEO
Britain does bad job at commercializing tech globally: Former Arm CEO
CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the world stage, a former CEO of British chip design firm said Tuesday. In...
2024-09-12 16:17:55
AI-powered search startup Glean doubles valuation in new funding round
AI-powered search startup Glean doubles valuation in new funding round
Artificial intelligence-powered search startup Glean said Tuesday it has raised $260 million in a funding round that values the tech company at $4.6 billion — more than double its last reported valuation. The Palo Alto, California-based...
2024-09-12 16:17:38
Sony PlayStation 5 Pro launch: Price, specs, release date
Sony PlayStation 5 Pro launch: Price, specs, release date
on Tuesday announced the PlayStation 5 Pro, an upgraded version of its gaming console that will launch on Nov. 7 for $700. The arrival of Sony's refreshed PS5 console comes amid a global decline in console sales. In August, Sony reported th...
2024-09-12 16:17:28
<b>Coinbase-backed lobby urges ABC to ask Trump, Harris about crypto</b>
Coinbase-backed lobby urges ABC to ask Trump, Harris about crypto
A big purple bus adorned with "AMERICA ❤️ CRYPTO" started making its way across five swing states last week, on a mission to get out the vote ahead of the presidential election. The campaign, initially launched by , has a shorter-term o...
2024-09-12 16:17:19
Amazon makes £8 billion UK investment to build cloud and AI infrastructure
Amazon makes £8 billion UK investment to build cloud and AI infrastructure
LONDON — Web Services (AWS), the U.S. e-commerce giant's cloud division, announced plans to invest £8 billion ($10.45 billion) over the next five years to build and operate data centers in the U.K. as it ramps up its cloud computing effo...
2024-09-12 16:17:10
<b>Amazon opening Fresh supermarkets after stall, but many still vacant</b>
Amazon opening Fresh supermarkets after stall, but many still vacant
On a humid afternoon in August, a few hundred shoppers lined up outside an Fresh supermarket in a Philadelphia suburb, eagerly awaiting the store's grand opening. A person in a banana costume hyped up the crowd, while Amazon staffers handed...
2024-09-12 16:17:00
<b>Safi Biotherapeutics is growing blood to help fight shortages</b>
Safi Biotherapeutics is growing blood to help fight shortages
Last month, the American Red Cross declared an after its national supply fell by more than 25% in July. One startup's solution: Lab-grown blood. Shortages can be dire for patients since doctors have to make tough decisions about who needs b...
2024-09-12 16:16:50
<b>Caroline Ellison aims to duck prison sentence for role in FTX collapse</b>
Caroline Ellison aims to duck prison sentence for role in FTX collapse
Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client's role in the implosion of the crypto empire that was run by her former boss and ex-boyfrie...
2024-09-12 16:16:38
<b>Bitcoin may soon hit six figures regardless of election, investors say</b>
Bitcoin may soon hit six figures regardless of election, investors say
Despite the increasingly partisan sentiment in the cryptocurrency industry, will thrive over the long term regardless of who wins the U.S. presidential election in November. That's a view many crypto investors are coming to accept, as the w...
2024-09-12 16:16:29
<b>Oracle trails only Nvidia among large-cap tech in 2024, Ellison wins</b>
Oracle trails only Nvidia among large-cap tech in 2024, Ellison wins
turned 80 last month. It's been a celebratory year. While fellow legacy tech players and struggle to find their footing in a world driven increasingly by the promise of artificial intelligence, Oracle has emerged as a Wall Street darling. F...
2024-09-12 16:16:18
UK labels data centers critical infrastructure to boost cybersecurity
UK labels data centers critical infrastructure to boost cybersecurity
LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected to boost cybersecurity in the country and help operators of the critical computing facilities work with the government t...
2024-09-12 16:16:09
California attorney general cautions tech leaders on voter deception
California attorney general cautions tech leaders on voter deception
California Attorney General Rob Bonta cautioned executives at social media and other tech companies to work harder to protect voters from "deception, intimidation, and dissuasion," ahead of the November election. "Millions of Californians r...
2024-09-12 16:16:00
<b>Dutch neobank Bunq on hiring spree, with focus on digital nomads</b>
Dutch neobank Bunq on hiring spree, with focus on digital nomads
Dutch challenger bank Bunq told CNBC that it plans to grow its global headcount by 70% this year to over 700 employees, even as other financial technology startups have decided to cut jobs. Bunq, which operates in markets across the Europea...
2024-09-12 16:15:50
<b>Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar</b>
Wyoming is pushing crypto payments, trying to beat the Fed to a digital dollar
As crypto investing becomes more mainstream and institutionalized with bitcoin ETFs, Wyoming is already pushing into the next phase of growth for crypto: consumer payments. The state is creating its own U.S. dollar-backed stablecoin, called...
2024-08-27 14:51:04
Microsoft plans September cybersecurity event after CrowdStrike outage
Microsoft plans September cybersecurity event after CrowdStrike outage
said Friday it will hold a conference in September for cybersecurity firms to discuss ways the industry can evolve following a faulty software update that caused millions of Windows computers to crash in July. The incident sent internet-con...
2024-08-27 14:50:55