Latest updates, breaking news, and insights from the world of technology.
Skyworks Solutions Inc. and Qorvo Inc., two leading suppliers of radio frequency components used in Apple devices and other smartphones, announced Tuesday that they have agreed to merge in a stock and cash transaction valued at roughly $22 billion. The deal marks one of the largest consolidations in the US semiconductor sector this year, as … Read more
Qualcomm Inc. (NASDAQ/QCOM) announced its entry into the artificial intelligence (AI) data center market on Monday, unveiling two new AI chips AI200 and AI250 designed to compete with industry leaders Nvidia and Advanced Micro Devices (AMD). The announcement led to a significant surge in Qualcomm’s stock price, reflecting investor optimism about the company’s expansion into … Read more
Tesla Inc. shareholders are facing a high stakes vote on CEO Elon Musk’s proposed $1 trillion compensation package, as the company’s board chair warns that failing to approve the plan could jeopardize Musk’s leadership and the electric vehicle maker’s future ambitions. Robyn Denholm, Tesla’s board chair, issued a letter to investors Monday, urging support for … Read more
WASHINGTON — Air travel across the United States came under severe strain on Sunday as more than 8,000 flights were delayed, according to flight tracking data, marking one of the worst days for travelers since the government shutdown began nearly a month ago. Federal Aviation Administration officials cited widespread air traffic controller absences and mounting … Read more
Dustin Moskovitz, co-founder of Meta Platforms and work management software company Asana, has opened up about the personal toll of leading a company for more than a decade. In a recent interview, Moskovitz described his 13 year tenure as CEO of Asana as “exhausting,” reflecting on the emotional demands of leadership and the challenges of … Read more
Investor anxiety surrounding OpenAI’s growing influence in the internet ecosystem especially its perceived threat to Google may be exaggerated, according to a new research note from Mizuho. The firm’s analyst Lloyd Walmsley said in a report that concerns about OpenAI’s potential to upend established tech giants echo past fears of disruption that ultimately did not … Read more
HOUSTON ( TECHY QUANTUM) — CenterPoint Energy has activated its storm readiness plan as severe weather threatens to bring heavy rainfall, strong winds and isolated tornadoes to the Houston area Friday night through Saturday morning. The utility said it is preparing for potential CenterPoint outages by mobilizing crews, monitoring weather systems, and coordinating with emergency … Read more
Alaska Airlines has committed to a sweeping airline technology upgrade after a major IT failure grounded flights nationwide and disrupted travel for nearly 49,000 passengers. The Seattle based carrier confirmed Friday that operations have been restored, though more than 400 flights were canceled as engineers worked overnight to bring systems back online. In a statement, … Read more
Wall Street is heading into one of its most consequential weeks of the year as the Federal Reserve prepares to announce its latest rate decision and some of the largest US technology companies release quarterly results. CNBC’s Jim Cramer described the upcoming stretch as a make or break moment for markets, saying both the Fed … Read more
SEATTLE (TECHY QUANTUM) — Alaska Airlines restores operations after a widespread IT outage on Thursday grounded all of its flights across the United States, stranding passengers and halting air travel for nearly three hours. The airline confirmed that the disruption, which also affected its regional subsidiary Horizon Air, was caused by a system malfunction that … Read more
