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Emerging Tech

Waymo changes course from its self-driving truck ambitions to focus on ride-hailing

By James Farrell Jul 26, 2023

Alphabet Inc.’s Waymo LLC announced today that it’s putting the brakes on autonomous truck operations and will now focus its efforts on the self-driving ride-hailing part of the business. Waymo Via, the company’s trucking…

Infra

Samsung’s operating profit dropped by 95%, but officials are optimistic of a recovery later this year

By Mike Wheatley Jul 26, 2023

Samsung Electronics Co. Ltd. confirmed in an earnings report that its operating profit plummeted by 95%, hitting a 14-year low in the second quarter. The company, which is the world’s biggest maker of smartphones…

Cloud

Despite beating earnings expectations and raising its full-year outlook, ServiceNow’s stock falls

By Mike Wheatley Jul 26, 2023

ServiceNow Inc. raised its full-year outlook for the second time this year after posting strong financial results that came in ahead of expectations today, yet its stock fell more than 3% in extended trading.…

Apps

Meta’s stock rallies on strong earnings beat and bullish guidance

By Mike Wheatley Jul 26, 2023

Meta Platforms Inc. chalked up its most profitable quarter since 2021, beat analysts forecasts on earnings and revenue, and offered strong guidance for the current period, sending its stock up 7% in after-hours trading.…

Infra

Seagate shares fall slightly on mixed bag of financial results

By Duncan Riley Jul 26, 2023

Shares in Seagate Technology Holdings plc fell slightly in late trading today after the data storage company reported mixed results in its latest earnings report. For its fiscal fourth quarter that ended June 30,…

Security

Check Point shares rise slightly on earnings beat

By Duncan Riley Jul 26, 2023

Shares in Check Point Software Technologies Ltd. rose slightly in regular trading today after the cybersecurity company beat expectations on earnings in its latest quarter. For its second quarter that ended June 30, Check Point reported…

Cloud

AWS introduces generative AI service for creating clinical documentation

By Maria Deutscher Jul 26, 2023

Amazon Web Services Inc. is rolling out a new generative artificial intelligence service, AWS HealthScribe, that can help medical professionals create clinical notes faster. The service made its debut today at AWS Summit New…

AI

Unlocking data value with AI: How IBM is shaping the future of data storage

By Chad Wilson Jul 26, 2023

The world of storage has undergone a remarkable transformation, from simple bit buckets to intelligent systems that play a pivotal role in shaping modern data strategies. The shift toward software-led storage has not only…

Big Data

Inside IBM Storage’s Fusion and watsonx.data technology

By Brian Njuguna Jul 26, 2023

When it comes to data storage, is there a solution that offers optimal performance, security, resilience and governance at minimal costs without trade-offs? IBM Storage seeks to meet these objectives through its Fusion technology…

AI

ServiceNow expands its generative AI toolbox with case summarization and text-to-code

By Mike Wheatley Jul 26, 2023

ServiceNow Inc. said today it’s expanding its Now Assist family of artificial intelligence features with the launch of two brand new capabilities. The new features include Case Summarization, which uses generative AI to distill…

all stories

Waymo changes course from its self-driving truck ambitions to focus on ride-hailing

Samsung’s operating profit dropped by 95%, but officials are optimistic of a recovery later this year

Despite beating earnings expectations and raising its full-year outlook, ServiceNow’s stock falls

Meta’s stock rallies on strong earnings beat and bullish guidance

Seagate shares fall slightly on mixed bag of financial results

Check Point shares rise slightly on earnings beat

AWS introduces generative AI service for creating clinical documentation

Inside IBM Storage’s Fusion and watsonx.data technology

ServiceNow expands its generative AI toolbox with case summarization and text-to-code

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