Oracle’s recent quarterly financial results, unveiled on Monday, presented a mixed bag that has stirred concerns among analysts and investors alike. The tech giant reported an adjusted earnings per share (EPS) of $1.47, falling short of the anticipated $1.49. While this might appear as a minor discrepancy, in the high-stakes world of technology shares, each
Enterprise
In a shocking twist, Tesla’s stock has experienced an unprecedented downturn, marking the automaker’s longest-ever losing streak since its public debut. Over a seven-week span, shares plummeted to a disheartening $270.48, a drop that signifies more than just numerical loss—it embodies shifting investor sentiment, the complexities of the electric vehicle (EV) market, and the repercussions
Once considered the social media titan for all age groups, Facebook is now witnessing a demographic transformation. A stark decline in usage among younger users is evident, with just 32% of U.S. teens active on the platform in 2024, a dramatic drop from 71% in 2014, according to recent findings by Pew Research. This dip
The landscape of digital assets underwent a seismic shift recently, thanks to President Donald Trump’s executive order that established a Strategic Bitcoin Reserve. This landmark decision, as touted by White House Crypto and AI Czar David Sacks, showcases a significant pivot in how the U.S. government intends to engage with cryptocurrencies. By leveraging bitcoin obtained
On a seemingly ordinary Tuesday, Oracle found itself at the center of a significant crisis when its Federal Electronic Health Record (EHR) system experienced a widespread outage affecting users from key government agencies, including the Department of Veterans Affairs (VA) and the Department of Defense. This event, confirmed by the VA, underscores the vulnerabilities embedded
In an exciting twist in the tech arena, content aggregator Digg is attempting to reinvent itself through an unexpected partnership with Alexis Ohanian, a co-founder of Reddit. This collaboration, which pairs the original innovator of Digg, Kevin Rose, with the man who helped Reddit flourish in its infancy, sparks intrigue about the future of social
The recent allegations involving Nvidia’s artificial intelligence chips have cast a shadow over the intricate web of international trade and technology. Malaysia’s reactive stance to investigate local companies in connection with a fraud case linked to the movement of these chips from Singapore to China underscores the significance of maintaining ethical business practices in an
On a troubling Monday for Nvidia, shares took a significant dip of nearly 9% following President Trump’s announcement that tariffs on goods from Canada and Mexico would commence the next day. This downturn in Nvidia’s stock is symptomatic of broader market struggles, as the Dow Jones Industrial Average fell by 800 points, translating to a
In the rapidly evolving landscape of smartphone technology, the intersection of artificial intelligence and user privacy has become a point of significant concern and innovation. Recently, Oppo, a prominent Chinese smartphone manufacturer, unveiled its latest initiative aimed at addressing this critical issue. The company has announced a partnership with Google to develop a private cloud
In a significant announcement made at the Mobile World Congress in Barcelona, Honor, the former subsidiary of Huawei, unveiled a staggering plan to invest $10 billion in artificial intelligence (AI) over the next five years. This ambitious investment underscores Honor’s intent to transition from being a mere smartphone manufacturer to establishing itself as a pioneering