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Monthly Archives: April 2024
Net Neutrality Returns to a Very Different Internet
The FCC voted 3-2 to restore net neutrality rules that had disappeared during the Trump administration.
Snap shares soar 25% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results that beat analysts’ estimates
Intel shares fall after providing weak forecast for the current quarter
Intel’s report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
Alphabet issues first ever dividend, $70 billion buyback
Google issued its first ever dividend of 20 cents and authorized a $70 billion share repurchase program alongside its first-quarter earnings.
It’s a sunny day for Google Cloud
Google Cloud, Google’s cloud computing division, had a blockbuster fiscal quarter, blowing past analysts’ expectations and sending Google parent company Alphabet’s stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by … Continue reading
Rubrik’s shares end trading up almost 16% on the company’s public debut
This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 billion in 2019. © 2024 TechCrunch. All rights reserved. For personal use only.
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Health insurance giant Kaiser notifies millions of a data breach
Kaiser, one of the largest healthcare organizations in the United States, said it was notifying 13.4 million members of a data breach earlier in April. © 2024 TechCrunch. All rights reserved. For personal use only.
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Sanctuary’s new humanoid robot learns faster and costs less
Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time. In fact, a new robot introduced on … Continue reading
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Breaking down TikTok’s legal arguments around free speech, national security claims
Social media platform TikTok says that a bill banning the app in the U.S. is “unconstitutional” and that it will fight this latest attempt to restrict its use in court. The bill in question, which President Joe Biden signed Wednesday, … Continue reading
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Gen Z is losing its political voice on social media
President Joe Biden signed the bill this week that could ban TikTok from the U.S. if its parent company ByteDance doesn’t sell the platform. According to young political content creators, the ban could decimate Gen Z’s access to political news … Continue reading
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