Nvidia crypto mining chip sales fell off a cliff this quarter

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Even as prices for digital currencies have soared throughout 2021, Nvidia has not cashed in on making … Read more

Nvidia rises after data center sales grew 55% on demand for artificial intelligence chips

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia stock rose over 3% after the reported earnings on Wednesday for its third fiscal quarter that beat expectations for … Read more

Senate confirms Big Tech critic Jonathan Kanter to lead DOJ Antitrust Division

Antitrust attorney Jonathan Kanter testifies before the Senate Judiciary Committee October 6, 2021 in Washington, DC. Win McNamee | Getty Images The Senate voted 68-29 on Tuesday to confirm Jonathan Kanter as Assistant Attorney General of the Department of Justice’s Antitrust Division. Progressives cheered President Joe Biden’s decision to nominate Kanter, completing the trifecta of … Read more

Apple’s ad privacy change impact shows the power it wields over other industries

Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 4, 2018.  David Paul Morris | Bloomberg | Getty Images The impact of Apple’s privacy change in April is beginning to show up on the balance sheets of other companies, and … Read more

Elon Musk sells another $1.2 billion of Tesla stock

Elon Musk Mike Blake | Reuters Tesla CEO Elon Musk’s trust sold about $1.2 billion in Tesla stock on Friday, according to financial filings posted Friday evening. He still holds more than 166 million shares in the company. Musk sold about $6.9 billion worth of stock in the company over the course of the week. … Read more

Shares of EV start-up Rivian spike on second day of trading, market cap surpasses GM

Rivian R1T Field pickup Source: Rivian Shares of the electric vehicle start-up Rivian continued to climb Thursday, up more than 18%, one day after its public market debut. The Amazon– and Ford-backed company already surpassed both Ford and General Motors by market cap, reaching a valuation of more than $101 billion. That’s still far behind … Read more

Tim Cook says he owns cryptocurrency and he’s been ‘interested in it for a while’

Apple CEO Tim Cook Michel Porro | Getty Images Apple CEO Tim Cook said he personally owns cryptocurrency on Tuesday after he was asked at the DealBook conference if he owns bitcoin or ethereum. “I do. I think it’s reasonable to own it as part of a diversified portfolio,” Cook told Andrew Ross Sorkin in … Read more

Facebook whistleblower Haugen says Zuckerberg should step down as CEO

Frances Haugen, a former Facebook employee, testifies during the Senate Commerce, Science and Transportation Subcommittee on Consumer Protection, Product Safety, and Data Security hearing titled Children’s Online Safety-Facebook Whistleblower, in Russell Building on Tuesday, October 5, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Facebook CEO Mark Zuckerberg should step down from the … Read more

Apple says it competes with PlayStation, Xbox, and Nintendo in sign of gaming importance

Apple’s products compete as gaming platforms with Sony Playstation, Microsoft Xbox and Nintendo, the company said on Friday in a regulatory filing. Previously, Apple only said it competed against Google‘s Android in smartphones and Microsoft Windows in PCs for the attention of software developers. Apple’s competitors were an important topic in a high-profile antitrust trial … Read more

Microsoft announces plan to cut cybersecurity workforce shortage in half by 2025

Microsoft President Brad Smith testifies at a House Judiciary Committee Antitrust, Commercial and Administrative Law Subcommittee hearing titled, “Reviving Competition, Part 2: Saving the Free and Diverse Press” on Capitol Hill in Washington, U.S., March 12, 2021. Kevin Lemarque | Reuters Microsoft will partner with community colleges across the U.S. and provide free resources in … Read more