Category: Technology News

GPU
Technology News

GPU Prices Lag, Raising Hopes to End Chip Crunch

The current sharp drop in graphic processing units (GPU) could signal an unexpected ending to a global chip crunch. Earlier this month, analysts said the markup over the manufacturer’s suggested retail price (MSRP) has skidded

TMN - google
Technology News

Google Faces New EU Rules to Curb Illicit Content

Alphabet’s unit Google and other major technology companies face new online rules set by the European Union. The latest order will force tech companies to take greater responsibility for the content that appears on their

TMN - snap inc.
Technology News

Snap Warns Inflation Could Hurt Advertising Demand

Snap Inc, the parent company of Snapchat, warned on Thursday that supply-chain disruptions and inflation could continue to pull advertising demand. The Santa Monica-based company emphasized that labor shortages and other economic challenges could pressure

TMN - Tesla
Technology News

Tesla surges past mounting costs with EV price hikes

Tesla Inc’s first-quarter earnings results raced past market expectations on Wednesday as higher vehicle prices helped insulate the firm from rising material costs. The leading electric vehicle maker reported quarterly revenue of $18.76 billion, compared

TMN - IBM
Technology News

IBM foresees upbeat 2022 revenue on cloud strength

International Business Machines (IBM) anticipates hitting the top end of its revenue growth forecast for 2022 on cloud strength. The century-old technology company said it would hit the higher end of its mid-single-digit revenue growth

TMN - Twitter
Technology News

Musk targets board as Twitter lays out poison pill

Elon Musk took a swipe at the board of Twitter on Monday after the firm adopted a poison pill, a limited duration shareholder rights plan. The move aims to prevent the billionaire from buying the

TMN - Twitter
Technology News

Elon Musk proposes to buy Twitter for $42B

Elon Musk proposed to purchase Twitter for $42.00 billion in a filing published on Thursday. He said that the social media giant needs to be private to become a platform for free speech. The offer