Pat Gelsinger had a very, very good year in 2021. He started the year as VMware Inc.’s VMW, -2.00% chief executive officer, where he took in total compensation of $16.5 million during the fiscal year ...
Tag: Computers
Quantum computers are many years away from cracking crypto: MIT Tech Review
Condensed matter theory physicist and quantum information expert Sankar Das Sarma has argued in MIT Technology Review that quantum computers remain a very long way away from cracking RSA-based cryptog...
Apple reportedly wants to handle its own financial services, and partners’ stocks paid the price
Apple Inc. has increasing ambitions in financial technology as it explores ways to participate in the financial-services industry more directly, according to a Wednesday report. The company is develop...
UiPath stock drops 20% after outlook falls short of Wall Street expectations
UiPath Inc. shares dropped in the extended session Wednesday after the “software robot” provider’s weaker-than-expected outlook overshadowed a beat of Wall Street’s quarterly results estimates. UiPath...
Micron Reports Earnings Today. Here’s What to Expect.
Text size Softening demand for personal computers and smartphones could pressure pricing on DRAM chips. Dreamstime Memory-chip giant Micron Technology reports earnings this afternoon for its fiscal se...
Freed Huawei Finance Chief Meng Wanzhou Returns to Company Spotlight
HONG KONG—Months after returning home to a hero’s welcome in China, Huawei Technologies Co. finance chief Meng Wanzhou was back in the spotlight Monday: This time, she was in more familiar surrounding...
Microsoft Affected by a Cyberattack After Nvidia and Samsung
Microsoft (MSFT) – Get Microsoft Corporation Report confirmed that it has become the latest victim of the data extortion group Lapsus$, which claimed it had obtained source code for the Bing se...
T-Mobile Stock Gets an Upgrade. It Has an Edge Over Verizon and AT&T.
Text size T-Mobile’s stock was upgraded to Overweight. David Paul Morris/Bloomberg T-Mobile US shares were ticking up on Wednesday after KeyBanc Capital Markets upgraded the wireless company’s s...
Apple Stock’s Rally Could Keep Going Thanks to ‘Stellar’ iPhone 13 Demand
Text size People shop at the Fifth Avenue Apple Store in New York. Spencer Platt/Getty Images Demand for the iPhone 13 is on track to outpace previous iPhone models, according to analysts, with the po...
Nvidia’s $1 trillion ambitions draw cheers as software becomes a bigger piece of the pie
Nvidia Corp.’s pursuit of what it sees as a $1 trillion opportunity won praise from analysts following the company’s investor-day presentation, even though the chipmaker’s stock conveyed a more muted ...
BlackBerry Valuation Makes It More Attractive. The Stock Receives an Upgrade.
Text size A logo stands on display outside the BlackBerry headquarters. Chris Ratcliffe/Bloomberg Shares of BlackBerry received a boost on Monday after analysts at RBC Capital Markets upgraded the sto...
Shopify’s Stock Is Falling Again After a 50% Four-Day Rally
Text size There was no company-specific news to explain last week’s rally in Shopify stock, or Monday’s slump. Dreamstime The wild gyrations in Shopify shares offer a clear demonstration o...
Shopify’s Stock Is Falling Again After 50% Four-Day Rally
Text size There was no company-specific news to explain last week’s rally in Shopify stock, or Monday’s slump. Dreamstime The wild gyrations in Shopify shares offer a clear demonstration o...
Former Apple employee charged with defrauding $10 million
A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said. Dhirendra P...
These 10 stocks have fallen at least 20% this year, but are expected to soar up to 66% from here
It sure has been a wild ride for investors over the past few weeks, with the benchmark S&P 500 rising 10% from March 8 through March 30. But the broader stock market is still down for 2022. Below ...