August 5, 2022 Ride-hailing company Lyft on Thursday forecast an adjusted operating profit of US$1 billion for 2024, and the company is also targeting US$700 million in free cash flow in 2024. The forecast follows a sales report more...
August 4, 2022 A new lawsuit is accusing Meta of using the medical data of people without permission. The lawsuit alleges that Meta has unauthorized access to the private medical data of millions of people and that the more...
August 4, 2022 The United States International Trade Commission announced Wednesday that it is reviewing complaints accusing some video technology manufacturers of patent infringement. Among the companies under investigation are Lenovo and Acer. Companies identified as respondents in more...
August 3, 2022 According to analysts at Insider Intelligence, TikTok is on track to overtake Facebook in terms of spending on influencer marketing this year and is expected to overtake YouTube by 2024. Facebook now occupies fourth place more...
August 3, 2022 According to Gartner, robotic process automation (RPA) software will reach $2.9 billion by the end of 2022, a 19.5% jump in growth, but well below the 31% in 2021. Gartner expects global sales of RPA more...
August 3, 2022 Microsoft has introduced new features for Teams users, including new Polls app to conduct quick surveys and updates to Teams on the iPad. The Polls app will make it easier for users to find and more...
August 3, 2022 Microsoft has unveiled two new security service offerings that will help improve the intelligence capabilities of an organization's security operations: Defender Threat Intelligence and Defender External Attack Surface Management (EASM). The new intel service is more...
August 3, 2022 Chip stocks recorded a decline amid tensions between the U.S. and China caused by U.S. House Speaker Nancy Pelosi's visit to Taiwan. Taiwan is home to some of the largest contract manufacturers, including Taiwan Semiconductor more...
August 3, 2022 Advanced Micro Devices (AMD) on Tuesday forecast third-quarter revenue slightly below Wall Street estimates. For the third quarter, AMD expects revenue of US$6.7 billion, which is slightly below analysts' estimate of US$6.82 billion. For the more...
August 3, 2022 Michigan Governor Gretchen Whitmer outlined the state's willingness to attract new investment in semiconductor manufacturing after the passage of the US$52 billion chip bill last week. "The state of Michigan is uniquely positioned. We want more...
