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AI

Google quietly changes stance on using AI for weapons or surveillance

By James Farrell Feb 4, 2025

Google LLC has made a major change to its AI Principles, taking out the part where it used to say it wouldn’t use the technology for surveillance or weapons applications. The old policy, which…

Infra

Juniper’s revenue and profit rises on strong demand for AI networks

By Mike Wheatley Feb 4, 2025

Juniper Networks Inc. beat Wall Street’s expectations and notched up a higher profit today as it posted its preliminary fourth-quarter financial results. The report came as the company prepares to face down the U.S.…

Infra

AMD’s data center revenue comes up short, leaving investors dismayed

By Mike Wheatley Feb 4, 2025

Investors bailed on Advanced Micro Devices Inc. late today after the chipmaker reported lower-than-expected revenue in its key data center segment, despite posting solid results overall. The company revealed fourth-quarter earnings before certain costs such as…

Security

SailPoint targets $1.05B in Nasdaq IPO as Thoma Bravo takes company public again

By Duncan Riley Feb 4, 2025

Identity security company SailPoint Technologies Inc. is set to go public for the second time, as the company today announced the launch of a roadshow for its proposed initial public offering of 50 million shares of common stock.…

Cloud

Alphabet’s stock plunges on revenue miss and high AI spending

By Mike Wheatley Feb 4, 2025

Investors bailed on Google LLC’s parent company Alphabet Inc. in late trading today after it posted fourth-quarter revenue that fell short of Wall Street’s expectations. The company only just came in ahead of expectations…

Big Data

Atombeam raises $20M for its codeword-based data transmission technology

By Maria Deutscher Feb 4, 2025

Atombeam Inc., a startup developing a more efficient way of transmitting data, today announced that it has raised $20 million in funding. The investment was structured as a so-called Reg A+ round. This is…

Emerging Tech

GM lays off half of Cruise employees as it shifts focus to advanced driver assistance

By Duncan Riley Feb 4, 2025

General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and…

Apps

Snap stock rises after earnings and revenue exceed expectations

By Duncan Riley Feb 4, 2025

Shares in Snap Inc. rose nearly 6% up in after-hours trading today, on top of an almost 4% rise in regular trading, after the company impressed investors with earnings and revenue beats in its…

Apps

PayPal shares drop 13% despite better-than-expected earnings

By Maria Deutscher Feb 4, 2025

PayPal Holdings Inc. today posted better-than-expected fourth-quarter earnings, but reported payment volume growth that fell short of expectations, and its shares dropped 13% on the results. PayPal operates one of the world’s most popular online payment…

Cloud

Salesforce reportedly letting go 1,000+ workers in new round of layoffs

By Maria Deutscher Feb 4, 2025

Salesforce Inc. is launching a workforce reduction initiative that will affect more than 1,000 employees, Bloomberg reported today. It’s unclear which business units are set to see cuts. A source told Bloomberg that Salesforce…

explore news

Google quietly changes stance on using AI for weapons or surveillance

Juniper’s revenue and profit rises on strong demand for AI networks

AMD’s data center revenue comes up short, leaving investors dismayed

SailPoint targets $1.05B in Nasdaq IPO as Thoma Bravo takes company public again

Atombeam raises $20M for its codeword-based data transmission technology

GM lays off half of Cruise employees as it shifts focus to advanced driver assistance

Snap stock rises after earnings and revenue exceed expectations

PayPal shares drop 13% despite better-than-expected earnings

Salesforce reportedly letting go 1,000+ workers in new round of layoffs

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