A $1.2 Billion Penalty and a Trading Miss at Bank of America
Brian Moynihan told analysts in September that trading revenue would come in roughly flat for the third quarter. On Wednesday morning, the chief executive of Bank of America had to…
Netflix Cuts 1,000 Jobs as Growth Slows
Employees at Netflix learned on Wednesday morning that roughly 1,000 of them were being let go. Co-Chief Executives Ted Sarandos and Greg Peters announced the cuts, about 6% of the…
TSMC’s Sixth Straight Record Quarter Meets a Higher Bar
Taiwan Semiconductor Manufacturing has already told investors most of what it earned last quarter. What it has not told them is what it expects next, and that is the part…
Musk Backs Micron’s Memory Prices and Faults Its Rivals
The post arrived at 5:52 p.m. Eastern on Oct. 13, a reply from Elon Musk to an investor summarizing a JPMorgan note about the memory chip market. In two sentences,…
Workday Buys C1.ai to Decide Which Agents Get Access
At Workday’s customer conference in Las Vegas this week, executives spent much of their time describing a workforce that includes software agents doing work on their own. The purchase the…
Siemens Buys the Exclusive Rights to a Supercapacitor Maker’s Data-Center Line
Inside an artificial-intelligence data center, the electrical load swings in milliseconds as racks of accelerators switch between heavy computation and near idle. The grid and the backup systems around them…
Apple Puts Siri AI in the Living Room, and on a Kitchen Counter
Apple did not stage an event. It published a run of announcements on a Tuesday afternoon and let the products do the talking: a rebuilt streaming box, a refreshed smart…
Zoox Offers Free Rides in San Francisco as It Waits for a Permit
This week a rider in San Francisco climbed into a boxy white vehicle with no steering wheel, no pedals and no driver, and crossed the city without touching a thing.…
Waymo Puts Four More Cities Behind the Wheel
A rider in Denver opened the app on Wednesday morning and found a car waiting a block away, with no one behind the wheel. By the time the same day…
IBM Will Put India’s First Quantum Computer in Amaravati
IBM will deploy India’s first quantum computer at a technology park in Amaravati, in the southern state of Andhra Pradesh, with the machine scheduled to arrive in early 2027, the…

Amazon’s Bee Adds Two Personal AI Devices Starting at $75
Brussels Prepares Fast Approval for a European Satellite Venture
Disney Will Pay $60 Million a Year for 66 Character.AI Employees
CERN and Mistral Will Train a Physics Model on Collision Data
Salesforce Wins a Tax Authority Contract Worth Up to 2 Billion Pounds
Netflix Replaces Its Content Chief and Cuts Nearly a Thousand Jobs
Apple’s First Foldable Sold Out Its First Run in About 30 Minutes
Waymo Picks Toronto as Its Fourth Market Outside the United States
Google and Brussels Discuss Remedies for a 890 Million Euro Antitrust Bill
Google Adds CNN to Its News Licensing Deals and Passes 400 Partners








