Once worth $6 billion, 23andMe has lost 98% of its value and is on the verge of being delisted from the Nasdaq after all of its independent board members resigned in September. So what happened? Founded in 2006, 23andMe set out to revolutionize the once very exclusive genetic testing business with a direct-to-consumer model. Thanks
Technology
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Flex driver Ricardo Escalona works to deliver his same-day orders during Cyber Monday from an Amazon fulfillment center in Tampa, Florida, on Nov. 27, 2023. Octavio Jones | Getty Images News | Getty Images Amazon is shutting down a service that offers same-day delivery
In this article .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP’s financial results for 2019 on January 28, 2020 in Walldorf, southwestern Germany. – German software giant SAP reported a bottom line undermined by heavy restructuring costs,
In this article GEHC Follow your favorite stocksCREATE FREE ACCOUNT GE Healthcare booth is seen ahead of the 2022 China International Fair for Trade in Services (CIFTIS) at China National Convention Center on August 28, 2022 in Beijing, China. Yi Haifei | China News Service | Getty Images GE HealthCare on Monday announced a new
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own configurable
Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as he speaks about voting during an America PAC Town Hall in Folsom, Pennsylvania, U.S., October 17, 2024. Rachel Wisniewski | Reuters Elon Musk said Saturday that he would randomly award $1 million a day to registered
In this article NVDA GOOGL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024. Costfoto | Nurphoto | Getty Images Nvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix logo is screened on a mobile phone for illustration photo. Krakow, Poland on October 17th, 2024. Beata Zawrzel | Nurphoto | Getty Images Netflix shares jumped Friday after the media streaming giant reported third-quarter earnings and revenue that beat expectations. Shares of Netflix were
Anne Neuberger, deputy national security advisor for cyber and emerging technologies, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, D.C., U.S., on Monday, May 10, 2021 amid the Colonial fuel pipeline ransomware attack. Bloomberg | Bloomberg | Getty Images With ransomware attacks surging and
LONDON — Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company’s billionaire co-founder Roy Reznik told CNBC, adding that the firm will go public “when the stars align.” Wiz makes software that connects to cloud storage providers like Amazon Web Services or Microsoft Azure and scans for
A Tesla Model 3 vehicle warns the driver to keep their hands on the wheel and be prepared to take over at anytime while driving using FSD (Full Self-Driving) in Encinitas, California, U.S., October 18, 2023. Mike Blake | Reuters Tesla faces a new investigation by the National Highway Traffic Safety Administration, or NHTSA, concerning
Prabhakar Raghavan, senior vice president at Google, speaks during the US Conference of Mayors Winter Meeting in Washington, DC, US, on Wednesday, Jan. 17, 2024. Julia Nikhinson | Bloomberg | Getty Images Google is replacing Prabhakar Raghavan, the company’s search and ads boss, with longtime Google executive Nick Fox. The move was announced by Alphabet
In this article 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.” “I’ve made so many mistakes in my investment career —
Style-photography | Istock | Getty Images Generative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according to venture investors Accel. In its latest annual Euroscape report, which looks at key cloud and AI trends, Accel said that venture funding for cloud startups based in the U.S.,
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images Shares in semiconductor equipment maker ASML fell over 15% Tuesday after the Dutch company’s results were released a day early. The move
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