March 28, 2023
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  • February 17, 2023 Do You Know How to Ship a Truck in Least Expensive Method?
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Instagram creators have launched an AI-driven news aggregation app

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on Instagram creators have launched an AI-driven news aggregation app
116

[ad_1] Instagram’s co-founders Kevin Systrom and Mike Krieger told the world today what they’ve been doing in the four years since they walked away from their creation. The answer is working on various next-generation social apps, including the one they released today – or at least today said people can join an invitation list to sign up for a beta …

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Google Fi suffers data breach following T-Mobile hack

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on Google Fi suffers data breach following T-Mobile hack
89

[ad_1] Google LLC has informed customers of Google Fi, the company’s mobile virtual network operator service, that their data may have been breached due to “suspicious activity relating to a third party system that contains a limited amount of Google Fi customer data.” The email to customers did not name who the third party was, referring only to a “primary …

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Tech layoff watch: PayPal, Workday and HubSpot cut staff amid slowing economy

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on Tech layoff watch: PayPal, Workday and HubSpot cut staff amid slowing economy
90

[ad_1] PayPal Holdings Inc., Workday Inc. and HubSpot Inc. are the latest tech companies to announce layoffs as firms large and small attempt to cut costs to deal with a slowing economy. PayPal leads the list, announcing that it plans to lay off 2,000 employees or about 7% of its workforce. In a letter to employees, President and Chief Executive Officer Dan …

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Poor revenue guidance sends shares of Western Digital and Supermicro down

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on Poor revenue guidance sends shares of Western Digital and Supermicro down
87

[ad_1] Shares of Western Digital Corp. and Super Micro Computer Inc. were trending down today in extended trading after the companies both offered revenue guidance that came in below expectations. In the case of Western Digital, which sells hard drives and flash storage used in computers, smartphones and other devices, its forecast came in much lower than expected, with officials …

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Juniper misses Wall Street’s revenue growth targets and its stock falls

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on Juniper misses Wall Street’s revenue growth targets and its stock falls
34

[ad_1] Juniper Networks Inc. saw its stock fall more than 3% in extended trading today after matching expectations on earnings, missing estimates on revenue and offering lower-than-expected guidance for the coming quarter. The company reported a net income for the fourth quarter of $180.4 million, up from $132.9 million in the same period last year. Earnings before certain costs such …

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Snap shares plunge on predicted revenue decline of up to 10%

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on Snap shares plunge on predicted revenue decline of up to 10%
30

[ad_1] Shares in Snap Inc. plunged in late trading after the company predicted a revenue decline of up to 10% in the first quarter of 2023. For the quarter that ended Dec. 31, Snap reported earnings per share of 14 cents, up from a penny a share in the same quarter of last year. Revenue came in at $1.3 billion, …

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AMD beats expectations and grows its revenue on strong data center chip sales

By Michael Smith
February 1, 2023
in :  Technology
Comments Off on AMD beats expectations and grows its revenue on strong data center chip sales
33

[ad_1] Advanced Micro Devices Inc. surprised Wall Street today as it beat expectations on sales and profit in its fourth-quarter financial results, thanks to strength in its data center division. But the company warned analysts that it’s expecting a 10% revenue decline for the current quarter. The chipmaker’s stock rose 2% in after-hours trading nonetheless. AMD reported earnings before certain …

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Commvault shares drop slightly on lower-than-expected revenue and earnings

By Michael Smith
January 31, 2023
in :  Technology
Comments Off on Commvault shares drop slightly on lower-than-expected revenue and earnings
31

[ad_1] Shares in Commvault Systems Inc. were down slightly in regular trading today after the data protection provider reported lower-than-expected results in its fiscal third-quarter earnings. For the quarter that ended Dec. 31, Commvault reported non-generally accepted accounting principles earnings of 62 cents per share, down from 67 cents per share in the same quarter of last year. Revenue came in …

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OpenAI launches tool for detecting AI-generated text

By Michael Smith
January 31, 2023
in :  Technology
Comments Off on OpenAI launches tool for detecting AI-generated text
36

[ad_1] OpenAI LLC today introduced a cloud-based tool that can help users determine whether a piece of text was written by artificial intelligence. The tool, which is available at no charge, is itself based on an AI model. It can detect text generated by not only OpenAI’s neural networks but also competing software from other companies. However, the startup cautioned …

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Saviynt raises $205M in debt financing as founder returns to CEO post

By Michael Smith
January 31, 2023
in :  Technology
Comments Off on Saviynt raises $205M in debt financing as founder returns to CEO post
29

[ad_1] Fast-growing cybersecurity startup Saviynt Inc. today disclosed that it has raised $205 million in debt financing from AB Private Credit Investors. In conjunction, Saviynt announced that founder Sachin Nayyar is returning to the role of chief executive. Nayyar was the startup’s CEO from its launch in 2011 to 2018. After leaving Saviynt, the executive launched another cybersecurity startup called …

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