Intel-owned Mobileye files S-1 for IPO

Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to a prospectus filed with the SEC on Friday. Mobileye’s filling … Read more

Disney reaches deal with Third Point, will add former Meta exec to its board

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney has reached a deal with activist investor Dan Loeb’s Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said … Read more

NASA, SpaceX, Jared Isaacman studying Hubble telescope extension

This 1990 photograph shows the Hubble Space Telescope being deployed from the space shuttle Discovery on mission STS-31. Source: NASA SpaceX and billionaire astronaut Jared Isaacman are teaming up with the National Aeronautics and Space Administration to study whether a private mission could extend the life of the famed Hubble telescope. NASA signed an agreement … Read more

Google to shut gaming service Stadia in latest cost-cutting effort

Google is shuttering its digital gaming service Stadia, the latest ambitious project to get cut as the company looks to shed costs. The gaming service, which launched in 2019 and runs on phones and the Chrome browser, “hasn’t gained the traction with users that we expected,” wrote Phil Harrison, a Google vice president, in a … Read more

Kindle Scribe, Halo Rise, new Echos, Fire TV

Amazon unveils new smart TV, the Fire TV Omni QLED Series starting at $799.99 Amazon Fire TV Omni Series in QLED Amazon Amazon just announced a new TV: The Amazon Fire TV Omni Series in QLED.  Aside from its QLED display, the TV has Dolby Vision IQ and HDR10+ Adaptive for the first time. Support … Read more

Apple stock dips on report the company is bailing on plans to boost iPhone 14 production

Customers try out new iPhones at an Apple store as iPhone 14 series go on sale on September 16, 2022 in Shanghai, China. VCG | Visual China Group | Getty Images Shares of Apple fell about 4% Wednesday on a report that the company has told suppliers to bail on plans to increase iPhone 14 … Read more

Facebook removes political influence operations from China and Russia

Onur Dogman | Lightrocket | Getty Images Facebook parent company Meta said it took down two unconnected networks of accounts based in China and Russia seeking to influence political narratives in the U.S. and Europe. The platform regularly searches for and removes accounts it believes to have violated its policy against coordinated inauthentic behavior. Such … Read more

Crypto exchange FTX is replacing its U.S. president

Brett Harrison, FTX Source: CNBC Brett Harrison, the U.S. president of the crypto exchange FTX, announced his resignation on Tuesday, with the company in the midst of a massive expansion effort. Harrison said on Twitter that he will be moving into an advisory role at the company and said he plans to remain in the … Read more

Tech stocks notch worst two-week stretch since the start of pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it … Read more

Google CEO Pichai fields questions on cost cuts at all-hands meeting

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost cutting and employee dissent over cultural changes, CEO Sundar Pichai is finding himself on … Read more