Latest Technology News and Reviews

Technology

Yahoo Finance brings you the latest news and expert analysis of the biggest companies and trends in technology.

Factbox-The five cryptocurrencies Trump wants the US to hold in reserve

In a post on Truth Social on Sunday, Trump announced that his January executive order on digital assets would create a stockpile of XRP, SOL and ADA currencies, surprising traders by choosing three lesser-known tokens and sending their prices soaring. Later on Sunday, Trump added that bitcoin and ether, the two biggest cryptocurrencies, would be included in the reserve.

Reuters 30 minutes ago

TSMC Unveils $100 Billion in New US Investment, Joined by Trump

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co., the world’s top producer of AI chips, plans to invest an additional $100 billion in US plants that will boost its chip output on American soil and support President Donald Trump’s goal of increasing domestic manufacturing.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgenc

Okta CEO: We just had a 'blowout' quarter

Okta co-founder and CEO Todd McKinnon said there are more big results coming in 2025.

TikTok Projects $77 Billion in Sales From TikTok Live, Lawsuit Claims

(Bloomberg) -- TikTok generated $1.7 billion globally in sales from TikTok Live in just one quarter in 2023, with more than $400 million of that coming from the US, according to a newly unsealed lawsuit brought against the company in Washington. TikTok projects that the popular livestreaming feature will generate $77 billion globally by 2027, the complaint claims.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRe

Tech Giants Have Pledged Over $1 Trillion in US Investment, So Far

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. became the latest tech company to pledge billions of dollars in US investments that President Donald Trump will almost certainly take credit for.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4

Okta CEO: We just had a 'blowout' quarter

Okta co-founder and CEO Todd McKinnon said there are more big results coming in 2025.

Trump, TSMC announce $100 billion investment in US chip manufacturing

President Donald Trump and TSMC announced Monday that the Taiwanese chip manufacturer will invest at least $100 billion in its US manufacturing capabilities "over the next short period of time," bringing company's total investment in the US to $165 billion.

Nvidia stock tumbles over 8% to close at lowest level since September

Nvidia stock sank 8.8% Monday to its lowest closing price since last September as reports surfaced of the tech giant’s AI chips reaching China despite export controls.

Apple Watches are hitting the ice in latest sports push

Apple and the NHL are putting Apple Watches on the ice during games.

Elon Musk is putting his investors' faith to the test: Morning Brief

Tesla has lost almost all of its Trump gains, and the company — which has always required some serious belief — is about faith now more than ever.

Do Nvidia earnings signal a bottom in 'Magnificent 7' stocks?

Nvidia's stock reversal could send a signal to "Magnificent Seven" stock fans.

Nvidia CEO Jensen Huang reinforces the company's role in the 'evolving' AI trade

Nvidia CEO Jensen Huang is pushing back against Wall Street's concerns about the company's future.

Amazon unveils quantum computing chip to keep pace with rivals Microsoft, Google

Amazon has debuted its first-generation quantum computing chip called Ocelot.

Nvidia posts earnings beat, but future margins are a 'little concerning': What Wall Street is saying

Nvidia's outlook catches extra scrutiny from the markets.

Apple iPhone 16e: What it's like to use Apple's newest budget-friendly iPhone

Apple's budget-friendly iPhone 16e hits stores Friday and packs a number of features you'll find on the company's high-end phones — and one you won't.

Trump, TSMC announce $100 billion investment in US chip manufacturing

OPEC+ to proceed with planned April oil output hike

LONDON (Reuters) -OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices. The increase is the first since 2022 from OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies. Oil was trading 2% lower towards $71 a barrel at 1900 GMT.

Podcasting platform Podcastle launches a text-to-speech model with more than 450 AI voices

Podcast recording and editing platform Podcastle is now joining other companies in the AI-powered, text-to-speech race by releasing its own AI model called Asyncflow v1.0. An API for developers will also be available, allowing them to directly integrate the text-to-speech model in their apps. Thanks to the new model, the company is able to offer more than 450 AI voices that can narrate your text. The startup said that it developed the technology and model in such a way that its training and infe

US Farmers to Get First of $30 Billion Tranche for Downturn

(Bloomberg) -- American farmers will soon start receiving the first tranche of $30 billion in funding approved by Congress to fight a downturn in the markets, according to Agriculture Secretary Brooke Rollins.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race Wi

Anthropic Finalizes Megaround at $61.5 Billion Valuation

(Bloomberg) -- OpenAI rival Anthropic has officially closed a deal to raise $3.5 billion at a valuation of $61.5 billion, the company told Bloomberg — cementing its place as one of the largest startups in the world.The higher valuation, which includes the new capital raised, comes as Anthropic’s business is growing quickly. Late last year, the company’s annual revenue run rate was about $1 billion, according to a person familiar with the matter. So far this year, that number has increased by 30%

Nvidia stock tumbles over 8% to close at lowest level since September

Nvidia stock sank 8.8% Monday to its lowest closing price since last September as reports surfaced of the tech giant’s AI chips reaching China despite export controls.