Latest Technology News and Reviews

Trump Officials Discuss Tighter Curbs on Nvidia China Sales

(Bloomberg) -- Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities. Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading

New report urges IEA to turn away from energy transition focus

WASHINGTON (Reuters) -The International Energy Agency needs to revamp how it writes its annual energy outlook to reflect real-world scenarios, not to bolster its current focus on the global energy transition, according to a report released on Wednesday by the agency's former oil director. The report, named Energy Delusions, was written by former IEA oil director Neil Atkinson and Mark Mills, Director of the National Center for Energy Analytics, a think tank. The authors said it is aimed at influencing the new administration of U.S. President Donald Trump.

DeepSeek clouds AI picture just as Big Tech is set to report earnings

Big Tech earnings kick off today as Wall Street continues to digest the fallout from DeepSeek.

Pennsylvania Governor and PJM reach agreement over capacity payments

The agreement would save consumers from excessive price hikes  in all 13 states that PJM distributes electricity to, Shapiro said in the release. In December,  Shapiro  filed a complaint  with the Federal Energy Regulatory Commission (FERC) against PJM Interconnection, criticizing flaws in PJM’s capacity auction design that threatened to impose significant new price increases. According to the agreement, PJM's upcoming capacity auction price cap was lowered from over $500 per megawatt-day to $325 per megawatt-day, averting billions in unnecessary energy costs for 65 million people in the region.

T-Mobile Shares Jump 9% on Subscriber Gains, Upbeat Outlook

(Bloomberg) -- T-Mobile US Inc. reported fourth-quarter results that beat analysts’ projections, benefiting from continued growth in wireless subscribers and home internet customers.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 YearsNewsom Enlists Magic Johnson, Guggenheim CEO for LA

Did DeepSeek copy ChatGPT to make new AI chatbot? Trump adviser thinks so

Did the upstart Chinese tech company DeepSeek copy ChatGPT to make the artificial intelligence technology that shook Wall Street this week? Neither has disclosed specific evidence of intellectual property theft, but the comments could fuel a reexamination of some of the assumptions that led to a panic in the U.S. over DeepSeek's advancements. “There’s substantial evidence that what DeepSeek did here is they distilled the knowledge out of OpenAI’s models,” David Sacks, Trump's AI adviser, told Fox News on Tuesday.

PIMCO expects no disruption to LA muni bondholder payments after fires

Los Angeles municipal bond issuers should be able to absorb losses caused by fires in the region without disrupting payments to investors, U.S. bond fund manager PIMCO said on Wednesday. "While the situation is devastating, our baseline expectations are that the long-term credit impact of the Los Angeles wildfires will be manageable," said the Newport Beach, California-based firm, which manages around $2 trillion. The Los Angeles region has been devastated by a series of wildfires since Jan. 7 that are still not fully contained.

Elon Musk declined dinner with boss of $1.7 trillion fund that voted against his pay deal: 'Friends are as friends do'

Texts show Elon Musk rejected a dinner invite from Nicolai Tangen, the head of Norway's oil fund, and lectured him on how to be a better friend.

Planet Labs signs $230 million deal to build satellites for Asian customer

Satellite imagery firm Planet Labs said on Wednesday it signed a $230 million agreement to build satellites for an unnamed customer in the Asia-Pacific region, clinching its biggest contract yet as the company expands beyond data services. The deal, to be paid over seven years and with the satellites poised for delivery in 2026, underscores Planet's foray into the dedicated satellite services market after years of primarily offering customers imagery and other data collected by its own fleet of roughly 200 satellites. Planet did not name the customer - only saying it is a "long-standing, Asia-Pacific commercial partner" - or say how many satellites were part of the deal.

US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says

Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire, consultancy Enverus said on Wednesday. Last year's total deal value fell sharply behind the whopping $192 billion in mergers and acquisitions done in 2023, which included the $60 billion combination of Exxon Mobil and Pioneer Natural Resources. The Permian remained the most desirable acquisition target, but buyers are also looking further afield as opportunities there dry up, according to Enverus' report.

Uber-Backed Startup Moove Buys Brazil’s Kovi in Share Deal

(Bloomberg) -- Uber Technologies Inc.-backed Moove acquired Brazil’s Kovi as part of plans to further grow its income and footprint outside of Africa.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 YearsNewsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingThe equity deal for a

ASML stock rises after earnings beat as CEO says DeepSeek will drive AI chip demand higher

ASML stock rose 4.3% Wednesday after the Dutch semiconductor equipment company posted better than expected fourth quarter earnings and its CEO dismissed concerns over DeepSeek AI.

LyondellBasell signs renewable power purchase agreements in Europe

Petrochemicals manufacturer LyondellBasell said on Wednesday it has signed power purchase agreements in Europe for wind energy to support its commitment to reducing greenhouse gas emissions. Chemical companies are entering deals to purchase renewable electricity to help them reach their carbon dioxide emissions reduction targets. Under the 15-year agreement with European energy firm Vattenfall, LyondellBasell will secure 450 gigawatt-hours (GWh) annually of offshore wind energy to support its circular and low-carbon solutions in Germany, the company said.

T-Mobile Stock Pops as Fourth Quarter Handily Tops Estimates

Shares of T-Mobile rose Wednesday morning after the telecommunications company's fourth-quarter results came in above what analysts had expected.

Exclusive: Domain registration startup D3 raises $25 million from Paradigm to launch Doma blockchain

“All the good dot coms are taken. There's about 150 million of these things.”

Microsoft earnings are today. Here's what to expect

Microsoft (MSFT) is expected to report earnings results for the second fiscal quarter after the market closes on Wednesday.

CVS launches app that lets shoppers access locked-up merchandise

The company is testing the feature in a few stores to address a customer pain point that has come to the fore as retailers attempt to thwart thieves.

Get ready; tech giants are about to report earnings

Big Tech companies begin reporting after the closing bell, and analysts want to know about DeepSeek's impact.

ASML Surges Most Since 2020 as AI Investments Fuel Orders

(Bloomberg) -- ASML Holding NV surged the most since 2020 after booking orders worth twice as much as analysts expected, as the artificial intelligence boom fuels demand for its chipmaking machines.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 YearsNewsom Enlists Magic Johnson, Gugge

ASML CEO Says DeepSeek’s Emergence Is ‘Good News’ for AI

(Bloomberg) -- ASML Holding NV’s leader brushed off concerns about the artificial intelligence-driven demand for its chipmaking machines after Chinese startup DeepSeek’s low-cost chatbot roiled markets earlier in the week.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 YearsNewsom Enli

Wall Street braces for oil refiners' lower Q4 earnings, tariff plans

Wall Street is bracing for a sharp decline in U.S. oil refiners' fourth-quarter profits as fuel demand softened, while seeking clarity on the sector's preparations for President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. U.S. refiners have seen earnings slide from record levels in 2022, when a recovery in demand following the COVID-19 pandemic and Russia's invasion of Ukraine drove up fuel prices. That demand has since slowed, and now Trump's promise to set a 25% tariff on oil imports from Canada and Mexico by Feb. 1 could further hit profits by driving up the cost of crude.

Morning Bid: Tech bounces as eyes turn to 'Mag7', Fed meet and Canada cut

The AI-related stock shakeout seems to have calmed as investors turn to megacap tech earnings - with the Federal Reserve set to pause its easing campaign in its first policy decision for 2025 just as central banks in Canada and Sweden cut again. The hoopla over the arrival of China's cheap artificial intelligence model DeepSeek continues to reverberate, even though giant U.S. chip firms like AI darling Nvidia have clawed back at least some of Monday's steep losses. The whole episode has reintroduced two broader market fears - the concentration of broad index fortunes in a handful of outsize tech stocks, and whether the hundreds of billions of dollars of investment spending in AI development by many firms is really worth it longer term.

Frost Bank exec: AI to usher in simpler mobile banking era

As bank apps stuffed with features have become complicated, AI will enable apps to become smarter and more customized for customers, said Jimmy Stead, the lender’s consumer banking and technology chief.

Trump is turning the fate of TikTok into a public bidding war

The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. "I like bidding wars because you make your best deals."

Half of wealthy Gen Zers and millennials admit to ‘digital shoplifting,’ rationalizing it with inflation and influencer hacks

Customers are duping merchants into issuing refunds even if they receive and keep their products.

US solar group seeks major energy storage expansion

Large energy users have been investing in nuclear, geothermal and natural gas power plants to meet soaring demand for electricity from data centers. Energy storage, primarily large lithium-ion batteries, can help zero-emitting resources like wind and solar serve those needs by storing power when the sun is shining and the wind is blowing so that it can be used later. The Solar Energy Industries Association said it wants to see 700 gigawatt-hours of energy storage on the grid by the end of this decade -- about 55% more than current forecasts.

Mobile AI Apps Are Now a $2 Billion Market Led by ChatGPT

(Bloomberg) -- OpenAI’s ChatGPT is leading a major surge in spending on artificial intelligence apps and services on smartphones.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 YearsNewsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingThe seminal chatbot has grossed $529 milli

Oil prices settle down as US stockpile grows, tariffs still in focus

(Reuters) -Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week. Brent crude futures settled down 91 cents, or 1.2%, at $76.58 a barrel. U.S. crude futures fell $1.15, or 1.6%, to $72.62, their lowest settlement price so far this year.

Starbucks' Niccol aims to tame the chain's mobile order floods

Starbucks' new CEO, Brian Niccol, has a vision to make Starbucks into a classic coffeehouse, but he has to contend with an unusual challenge: the company's mobile orders are as disruptive as they are popular. "They come in flooding faster than our customer can get there," Niccol said in a call with investors on Tuesday. Niccol called out mobile ordering as a bottleneck five times during the call, and said the company -- which on Tuesday posted a smaller-than-expected drop in comparable sales -- would work toward sequencing mobile orders with the help of an algorithm to improve efficiency behind the counter.

Automattic and others back Openvibe, an app that's unifying the open social web

Openvibe's clever app that integrates multiple open social networks, including Bluesky, Mastodon, Nostr, and Threads, just got a boost toward its future development. The company on Tuesday announced that it has received outside investment of $800,000 in a round led by Czech Founders VC, which includes backing from WordPress.com and Tumblr parent company, Automattic, as well as Tensor Ventures. Czech Founders VC and former CTO of Mews Jan Široký also invested separately from his firm. Launched in

Uber Working on Price-Lock Pass to Rival Popular Lyft Feature

(Bloomberg) -- Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched five months ago.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 YearsNewsom Enlists Magic

Meta and Microsoft Show AI Spending Can Be a Double-Edged Sword

(Bloomberg) -- On a day US tech stocks lost nearly $1 trillion on concerns about artificial intelligence spending, Meta Platforms Inc. hit a record high — signaling that investors were keeping the faith when it came to its own AI plans. Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersUS Students’ Reading Scores Drop to Worst in More Than 20 Y

Elon Musk's X partners with Visa on payment service in an effort to become an 'everything app,'

X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.” Visa is the first partner for the platform's “X Money Account" service, which is set to launch later this year, X CEO Linda Yaccarino said in a Tuesday post announcing the news. According to Visa, which also posted about the partnership on X Tuesday, these services will be powered by Visa Direct — the payment giant's instant money transferring service — and will be available to X Money Account users in the U.S.

Airbus hints at new Space charge as it explores alliance

PARIS (Reuters) -Airbus signalled a potential new charge in its troubled Space business on Tuesday, saying it would update investors on a long-running status review of a major satellite programme during annual results on Feb. 20. In a webcast to analysts, the European aerospace group did not provide details of the planned update but said it was progressing in its more than year-old technical assessment. Airbus has already absorbed 1.6 billion euros ($1.67 billion) of charges for its Space business, which industry sources have linked mainly to the ambitious OneSat programme of reprogrammable satellites, with more provisions expected.

Venture Global given OK to introduce natgas at another LNG plant as output ramps up

Federal regulators on Tuesday gave Venture Global LNG permission to introduce natural gas into the seventh block of its Plaquemines plant in Louisiana as the company continues to ramp up production of the superchilled gas. The Arlington, Virginia-based company is the second-largest U.S. liquefied natural gas (LNG) exporter and has been quickly increasing production from its second LNG plant, Plaquemines. On Tuesday the facility was on track to pull 1.1 billion cubic feet (bcf) of gas, down from a high of 1.3 bcf last Wednesday, and just short of its Calcasieu Pass plant's 1.5 bcfd nameplate capacity, according to data from financial firm LSEG.

Why CrowdStrike (CRWD) Stock Is Up Today

Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 8.5% in the afternoon session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.

Why MongoDB (MDB) Stock Is Trading Up Today

Shares of database software company MongoDB (MDB) jumped 7.8% in the morning session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.

Microsoft Q2 cloud revenue falls short of expectations, sending stock lower

Microsoft reported its Q2 earnings after the bell on Wednesday, missing estimates on key cloud revenue.

Is Elon Musk a good person? His Grok AI says no

It’s the second time his AI system has turned on him.

Dec	JAN	Feb
	29
2024	2025	2026

News

Life

Entertainment

Finance

Sports

New on Yahoo

Technology

Meta earnings top expectations as company forecasts higher costs, AI investments in year ahead

Microsoft's AI business is booming. It's not enough to soothe investors.

IBM Shares Jump on Strong Sales Outlook, AI Bookings

Venture Global LNG almost finished repairs to Calcasieu Pass power plant -FERC

Microsoft Falls After Reporting Slowing Growth in Cloud Unit

Meta earnings top expectations as company forecasts higher costs, AI investments in year ahead

DeepSeek sends 2 big signals that shatter tech investor assumptions: Snowflake CEO

Google and ServiceNow announce new partnership focused on enterprise AI growth

Intel will report its Q4 earnings as company seeks permanent CEO

Apple to report Q1 earnings a week after stock hit with multiple downgrades

DeepSeek clouds AI picture just as Big Tech is set to report earnings

ASML stock rises after earnings beat as CEO says DeepSeek will drive AI chip demand higher

Trump is turning the fate of TikTok into a public bidding war

Microsoft Q2 cloud revenue falls short of expectations, sending stock lower

OpenAI launches ChatGPT Gov as industry reels from DeepSeek's breakout

DeepSeek sends 2 big signals that shatter tech investor assumptions: Snowflake CEO

Google and ServiceNow announce new partnership focused on enterprise AI growth

Lutnick Pledges Chips Act Review, Demurs on Honoring Contracts

Tesla’s $600 Billion Run-Up Looks Past Major Risks to EV Growth

Intel will report its Q4 earnings as company seeks permanent CEO

Apple to report Q1 earnings a week after stock hit with multiple downgrades

Trump Officials Discuss Tighter Curbs on Nvidia China Sales

New report urges IEA to turn away from energy transition focus

DeepSeek clouds AI picture just as Big Tech is set to report earnings

Pennsylvania Governor and PJM reach agreement over capacity payments

T-Mobile Shares Jump 9% on Subscriber Gains, Upbeat Outlook

Did DeepSeek copy ChatGPT to make new AI chatbot? Trump adviser thinks so

PIMCO expects no disruption to LA muni bondholder payments after fires

Elon Musk declined dinner with boss of $1.7 trillion fund that voted against his pay deal: 'Friends are as friends do'

Planet Labs signs $230 million deal to build satellites for Asian customer

US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says

Uber-Backed Startup Moove Buys Brazil’s Kovi in Share Deal

ASML stock rises after earnings beat as CEO says DeepSeek will drive AI chip demand higher

LyondellBasell signs renewable power purchase agreements in Europe

T-Mobile Stock Pops as Fourth Quarter Handily Tops Estimates

Exclusive: Domain registration startup D3 raises $25 million from Paradigm to launch Doma blockchain

Microsoft earnings are today. Here's what to expect

CVS launches app that lets shoppers access locked-up merchandise

Get ready; tech giants are about to report earnings

ASML Surges Most Since 2020 as AI Investments Fuel Orders

ASML CEO Says DeepSeek’s Emergence Is ‘Good News’ for AI

Wall Street braces for oil refiners' lower Q4 earnings, tariff plans

Morning Bid: Tech bounces as eyes turn to 'Mag7', Fed meet and Canada cut

Frost Bank exec: AI to usher in simpler mobile banking era

Trump is turning the fate of TikTok into a public bidding war

Half of wealthy Gen Zers and millennials admit to ‘digital shoplifting,’ rationalizing it with inflation and influencer hacks

US solar group seeks major energy storage expansion

Mobile AI Apps Are Now a $2 Billion Market Led by ChatGPT

Oil prices settle down as US stockpile grows, tariffs still in focus

Starbucks' Niccol aims to tame the chain's mobile order floods

Automattic and others back Openvibe, an app that's unifying the open social web

Uber Working on Price-Lock Pass to Rival Popular Lyft Feature

Meta and Microsoft Show AI Spending Can Be a Double-Edged Sword

Elon Musk's X partners with Visa on payment service in an effort to become an 'everything app,'

Airbus hints at new Space charge as it explores alliance

Venture Global given OK to introduce natgas at another LNG plant as output ramps up

Why CrowdStrike (CRWD) Stock Is Up Today

Why MongoDB (MDB) Stock Is Trading Up Today

Microsoft Q2 cloud revenue falls short of expectations, sending stock lower

Is Elon Musk a good person? His Grok AI says no