Tag: Technology

NFL faces public backlash and unresolved media deals at league’s 2021 fall meetings

NFL Commissioner Roger Goodell during the NFL Football match between the Miami Dolphins and Indianapolis Colts on October 3rd, 2021 at Hard Rock Stadium in Miami, FL. Andrew Bershaw | Icon Sportswire | Getty Images Las Vegas Raiders owner Mark Davis sat down in the lobby of a New York City hotel on Wednesday, and […]

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EBay earnings beat expectations, but forecast underwhelms

EBay Inc. exceeded expectations with its financial results Wednesday but its shares fell 5.3% in after-hours trading after the company’s forecast for the holiday period came up short. The e-commerce company posted third-quarter income from continuing operations of $283 million, or 43 cents a share, down from $605 million, or 86 cents a share, in […]

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Nvidia’s $40 billion takeover of Arm faces in-depth investigation from EU

Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images The European Commission, the executive arm of the EU, has launched an “in-depth investigation” into Nvidia’s acquisition of U.K. chip designer Arm, which is currently owned […]

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U.S. regulators probing whether Facebook violated a 2019 settlement over privacy concerns

WASHINGTON—Federal Trade Commission staffers have begun looking into disclosures that Facebook Inc.’s  FB, -3.92%  internal company research had identified ill effects from its products, according to people familiar with the matter. Officials are looking into whether Facebook research documents indicate that it might have violated a 2019 settlement with the agency over privacy concerns, for which the […]

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Visa tops earnings expectations, boosts dividend

Visa Inc. topped earnings expectations for its latest quarter but shares dipped 2.7% in the aftermarket session as the company issued a revenue outlook that struck one analyst as conservative. Results from the payments giant continued to reflect a spending rebound, with Chief Financial Officer Vasant Prabhu highlighting healthy domestic spending and a “faster-than-anticipated recovery […]

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Theranos investor Betsy DeVos was misled by Elizabeth Holmes on the tech and financials, representative testifies

Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images SAN JOSE, CALIF. — A representative for Betsy DeVos’s family office told jurors in the […]

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NTSB head criticizes Tesla’s self-driving features, calls them ‘misleading’

The head of the U.S. National Transportation Safety Board on Tuesday doubled down on criticisms of Tesla’s driver-assist systems following several fatal crashes in recent years, calling the company’s use of “Full Self-Driving” for its latest systems “misleading.” The comments come a day after NTSB Chairwoman Jennifer Homendy sent a letter to Tesla CEO Elon […]

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