John Felton, Amazon’s top logistics executive, will take over as CFO of its cloud computing unit.
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January 19, 2024January 19, 2024Technology
iRobot shares tank 30% on report EU plans to block Amazon acquisition
iRobot plunged on Thursday after a report said EU’s antitrust watchdog intends to block Amazon’s planned acquisition of the Roomba maker.
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January 19, 2024January 19, 2024Technology
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
Meta appears poised to spend billions of dollars by the end of this year on Nvidia’s popular computer chips that are widely used for AI projects
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January 19, 2024January 19, 2024Technology
Nvidia and AMD shares hit record highs on AI chip surge
Investors are increasingly bullish on AMD, which is the second largest standalone GPU maker,
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January 18, 2024January 18, 2024Technology
Apple again banned from selling watches in U.S. with blood oxygen sensor
The patent dispute between Apple and Masimo will prevent the Apple Watch Series 9 from being sold in the U.S.
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January 18, 2024January 18, 2024Technology
Sheryl Sandberg says she’s leaving Meta’s board
Former Meta operating chief Sheryl Sandberg said Wednesday that she is leaving the company’s board of directors.
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January 18, 2024January 18, 2024Technology
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature
Apple will be able to continue importing and selling Apple Watches as it battles with Masimo in court
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January 18, 2024January 18, 2024Technology
Apple antitrust suit could reportedly come as soon as March
The Justice Department is reportedly readying an antitrust case against the iPhone maker that could come as soon as March.
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January 18, 2024January 18, 2024Technology
Samsung announces new Galaxy S24 lineup with AI-powered photo editing, search features
Samsung announced its flagship Galaxy S24 smartphone range Wednesday, touting new artificial intelligence features for editing photos and searching for things.
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January 17, 2024January 17, 2024Technology
EV maker VinFast aims to raise free float to 10%-20% by end-2024
Reuters was first to report that Vietnamese electric vehicle maker VinFast aims to increase its free float, or shares available to the public for trading, to 10% to 20% by the end of this year from roughly 2% currently. The post EV maker VinFast aims to raise free float to 10%-20% by end-2024 appeared first...