CEO of Palantir Alex Karp speaks to the press as he leaves the Elysee Palace in Paris, on May 23, 2018, after the “Tech for Good” summit. Ludovic Marin | AFP | Getty Images Data analytics company Palantir Technologies has released its prospectus to debut on public markets. The company aims to trade on the
Technology
At a time when some tech companies are bowing to employee pressure to pull back from work with the government, Palantir CEO Alex Karp is loudly defending his posture. Palantir, a Silicon Valley software and servicies company founded in 2003 with the explicit purpose of helping the intelligence community with counterterrorism investigations, filed its paperwork
An employee scans a quick response (QR) code displayed on the Ant Group’s Alipay app. Ant Group is preparing for a dual initial public offering in Shanghai and Hong Kong. Bloomberg | Bloomberg | Getty Images Ant Group, an affiliate of Alibaba, has given the first look at its financials ahead of its highly-anticipated initial
Thomas Kurian, CEO of Alphabet’s Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google‘s cloud division is investing $100 million in Amwell, formerly known as American Well, a company that builds technology for virtual doctors’ visits. The company has filed to
Drivers for Meituan and Alibaba-owned Ele.me en route to delivering items to customers in Guangzhou, China. Arjun Kharpal | CNBC China’s e-commerce and food delivery giants are reaping the benefits of an increasing number of consumers shopping online and businesses trying to digitize, trends accelerated by the coronavirus outbreak. Chinese players have recently reported strong
Jim Young | Reuters Microsoft has stepped into the brewing legal battle between Apple and Epic Games over the former’s policies with regard to its ubiquitous App Store. In a declaration filed on Sunday, a senior Microsoft engineer said that allowing Apple to block Epic Games’ developer account would deal a significant blow to game
The Tencent Holdings Ltd. WeChat and ByteDance Ltd. TikTok app icons are displayed on a smartphone in an arranged photograph taken in Arlington, Virginia, on Friday, Aug. 7, 2020. Andrew Harrer | Bloomberg | Getty Images TikTok plans to sue the Trump administration as early as next week over the president’s executive order banning U.S.
Kodak used to be king when it came to cameras and film. In 1976, Kodak had a near monopoly of the U.S. photography market, accounting for 90% of film and 85% of camera sales, according to The Economist. But the move to digital photography in the early 2000s hit the company hard. Ironically, Kodak actually invented the
Microsoft CEO Satya Nadella leaves the Elysee Palace after a meeting with the French President Emmanuel Macron in Paris on May 23, 2018. Aurelien Morissard | IP3 | Getty Images Microsoft is signing deals with foreign governments to offer cloud-infrastructure packages similar to the bundle it assembled for the U.S. Defense Department, people familiar with the
Apple responded to Epic Games’ lawsuit accusing it of anticompetitive behavior in how it controls the App Store, telling the court that the Fortnite maker violated Apple’s rules and shouldn’t be placed back into the store temporarily while the legal battle rages. In its filing, Apple alleges that Epic Games asked for an individual arrangement with
A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong | S3studio | Getty Images Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the world in the last
A convoy of emergency vehicles drives along an emptied Interstate 80 during the LNU Lighting Complex Fire on the outskirts of Vacaville, California, U.S., August 19, 2020. Stephen Lam | Reuters Kena Hudson’s 7-year-old son Clarence has asthma that’s sometimes landed him in the hospital. Typically, when wildfire season starts in Northern California, he’ll stay
Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference at Steve Jobs Theater in Cupertino, California, June 22, 2020. Brooks Kraft | Apple Inc. via Reuters On Wednesday, Apple became the first $2 trillion U.S. company. The iPhone maker’s share price hit $466.77 around 11am ET, sending it over the mark. It’s
Pedestrians cross Herald Square in front of a Verizon Wireless store in New York. Richard Levine | Corbis | Getty Images It’s one thing for Netflix or Apple — companies that benefit from consumers shifting from cable TV to streaming — to declare an end to traditional media consumption. It’s quite another when it’s Verizon doing
Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Facebook COO Sheryl Sandberg on Tuesday said the company is prepared to remove any posts by President Donald Trump that violate the company’s standards. “When the president violates our hate speech standards or gives false information about voter suppression
Google security lead Miles Taylor takes leave ahead of Presidential election. Miles Taylor, President Trump’s former homeland security chief of staff and current Google staffer who became a controversial figure within the company for his work on Trump’s child separation policies, is taking a leave from Google until after the presidential election. Taylor appeared in