Technology

Samsung Galaxy Z Fold 2 Samsung Analysts are bullish on Samsung after the company unveiled a foldable phone on Tuesday and U.S. semiconductor company Nvidia said its next-generation gaming chip will be manufactured by the South Korean electronics giant. They see Samsung’s shares trading at 70,376.32 Korean won ($59.35) in the next 12 months. That represents

Eric Yuan, CEO of Zoom Video Communications poses for a photo after he took part in a bell ringing ceremony at the NASDAQ MarketSite in New York, April 18, 2019. Carlo Allegri | Reuters Zoom shares soared 41% on Tuesday, lifting the video-conferencing software company’s market cap to $129 billion after revenue and earnings blew

Oliver Samwer, CEO and founder Rocket Internet, on the floor of the Frankfurt Stock Exchange in October 2014. Arne Dedert | picture alliance via Getty Images German tech investment firm Rocket Internet is set to delist, the company announced Tuesday, around six years after it went public on the Frankfurt Stock Exchange. The Berlin-based firm — which

Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, celebrates during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom Video Communications shares rose as much as 9% in extended trading on Monday after the

Sheldon Cooper | LightRocket | Getty Images ByteDance said it will follow China’s newly amended rules on exporting technology — and that could make any sale of TikTok’s U.S. operations more complicated. On Friday, China updated its list of technologies subject to export restrictions to include a number of areas from voice recognition to chip

Snowflake CEO Frank Slootman Snowflake In an era of founder-led tech companies, Snowflake’s Frank Slootman is a corporate throwback. Slootman, 61, is a professional CEO. He’s an operations guru, the leader who turns a jet plane into a rocketship and makes piles of cash for investors, employees, and himself. Along the way, some feelings will get

The TikTok app icon sits displayed on a smartphone in front the national flags of China and the U.S. in this arranged photograph in London, U.K., on Monday, Aug. 3, 2020. Hollie Adams | Bloomberg | Getty Images An updated export rule from China could jeopardize the sale of TikTok’s  U.S. operations, according to reports published

Facebook’s CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images When I was in college in 2008, I bought and sold used items on Craigslist. I used it to buy speakers, TVs and old microwaves. But, when it came time for

A pig with a Neuralink implant. Screengrab of live demo Elon Musk’s brain-machine interface company, Neuralink, conducted a live demo of its technology on Friday, showing a coin-sized device without wires. The Tesla and SpaceX CEO brought along three pigs, who had varying levels of interest in cooperating. Eventually, the audience was shown real-time neural

Fortnite Source: PlayStation Apple on Friday said it suspended Epic Games’ developer account. It follows a temporary restraining order on Monday evening, in which a judge ruled that Apple can block Fortnite but not Epic’s developer account. However, Apple said it terminated an Epic developer account that does not include the Unreal Engine that’s used

ByteDance Ltd.’s TikTok website is displayed on a smartphone in an arranged photograph. Andrew Harrer | Bloomberg | Getty Images Walmart and Microsoft might seem like an unlikely partnership to acquire TikTok’s U.S. assets, but until very recently the retailer had other plans. Before teaming up with Microsoft in recent days, Walmart was part of a

Halo app and band Source: Amazon Amazon is entering the wearables market in a big way. The company on Thursday introduced a wristband for health and fitness tracking called Halo, alongside a subscription service and smartphone app. The space is currently dominated by the Apple Watch and devices from Fitbit, which is awaiting regulatory approval for

Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Yasin Ozturk | Anadolu Agency | Getty Images Facebook on Wednesday acknowledged that Apple’s upcoming iOS 14 could lead to a more than 50% drop

Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos on Wednesday saw his net worth soar above $202 billion, according to the Bloomberg Billionaires Index, making him the first person to cross the $200 billion threshold. He’s now $78 billion richer than Microsoft co-founder Bill Gates, who stands at number two. The Amazon

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

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