nvidia NVIDIA Posts Record $18.12 Billion Revenue Driven by AI Boom NVIDIA reports massive third-quarter growth with revenue reaching $18.12 billion, fueled primarily by unprecedented demand for data center AI technologies.
nvidia NVIDIA Posts Record $7.6 Billion Revenue Driven by Gaming and Data Center Growth NVIDIA reports record fourth-quarter revenue of $7.64 billion, a 53 percent increase from the previous year, alongside record full-year earnings of $26.91 billion.
nvidia NVIDIA Reports $2.58 Billion Q2 Revenue as RTX and AI Momentum Grows NVIDIA reveals $2.58 billion in Q2 fiscal 2020 revenue, showing strong sequential growth despite a year-over-year decline. The company points to surging adoption of real-time ray tracing and accelerated computing as key drivers.
artificial intelligence US Holds Slim AI Lead Over China as Europe Falls Behind A new report from the Center for Data Innovation reveals the United States leads the global artificial intelligence race, but China closes the gap quickly while the European Union lags significantly behind.
oscars South Korean Film Parasite Makes Academy History With Best Picture Win "Parasite" becomes the first non-English language film to win the Oscar for best picture. The South Korean thriller also takes home awards for best director, original screenplay, and international feature.
tesla Tesla Experiences Record Volatility Amid Massive Short Squeeze and Virus Fears Tesla stock swings wildly as a massive short squeeze drives shares to nearly $970 before coronavirus fears trigger a sharp reversal. Unprecedented trading volume highlights the extreme investor frenzy surrounding the electric vehicle maker.
softbank Softbank's Second Vision Fund Falls Short of $108 Billion Goal Softbank faces significant hurdles in raising capital for its second Vision Fund, with projections indicating the total will likely reach less than half of the original $108 billion target.
privacy Federal Agencies Purchase Commercial Phone Data to Track Immigrants US immigration and border agencies are buying commercially available cellphone location data to aid in enforcement actions, exploiting a legal gray area to bypass warrant requirements.
spacex SpaceX Eyes Starlink Spinoff as Next Satellite Launch Nears SpaceX considers spinning off its Starlink broadband internet project into a separate, publicly traded company. Meanwhile, launch crews prepare to send another 60 satellites into orbit from Cape Canaveral in mid-February.
twitter Twitter Surpasses $1 Billion in Q4 Revenue Amid Profit Decline Twitter reaches a major revenue milestone by breaking the billion-dollar mark in Q4, driven by strong ad sales, despite a significant drop in net income compared to the previous year. The company plans heavy investments in engineering and headcount growth moving forward.
instagram Instagram Prototypes Ad Revenue Sharing to Revive Struggling IGTV Instagram is testing an internal prototype for an IGTV Partner Program that allows creators to earn money through mid-video advertisements. This long-awaited monetization effort aims to attract high-quality content to the platform.
facebook Facebook and Venmo Send Cease-and-Desist Letters to Clearview AI Facebook and Venmo are demanding that facial recognition startup Clearview AI stop scraping user photos from their platforms. The controversial company plans to fight back by claiming a First Amendment right to publicly available information.
paystand Paystand Secures $20 Million to Overhaul B2B Payments With Blockchain Paystand raises $20 million in a new funding round to accelerate the expansion of its blockchain-based B2B payment platform. The company aims to make corporate billing as simple as consumer apps while significantly reducing transaction fees.
uber Uber Narrows Quarterly Loss and Moves Profitability Goal to Late 2020 Uber reports a smaller-than-expected fourth-quarter loss and accelerates its EBITDA profitability target to the fourth quarter of 2020. The company also shows strong growth in its food delivery segment while continuing to expand its core ride-hailing business.
google assistant Google Assistant Reaches 500 Million Users, Gains Natural Reading and Smart TV Features Google Assistant hits 500 million monthly active users and prepares to launch natural-sounding longform reading capabilities in 42 languages. The digital assistant is also expanding into turned-off smart televisions and gaining new privacy-focused voice commands.