Intel-owned Mobileye files S-1 for IPO

Intel-owned Mobileye files S-1 for IPO

Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to a prospectus filed with the SEC on Friday. Mobileye’s filling … Read more

Disney reaches deal with Third Point, will add former Meta exec to its board

Disney reaches deal with Third Point, will add former Meta exec to its board

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby-Jones | Bloomberg | Getty Images Disney has reached a deal with activist investor Dan Loeb’s Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said on … Read more

Apple VP leaves company after making jokes in viral TikTok video

Apple VP leaves company after making jokes in viral TikTok video

An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of procurement, Tony Blevins, has left the company after a TikTok video showed him making jokes about women at a car show. An Apple representative confirmed the … Read more

Google to shut gaming service Stadia in latest cost-cutting effort

Google to shut gaming service Stadia in latest cost-cutting effort

Google is shuttering its digital gaming service Stadia, the latest ambitious project to get cut as the company looks to shed costs. The gaming service, which launched in 2019 and runs on phones and the Chrome browser, “hasn’t gained the traction with users that we expected,” wrote Phil Harrison, a Google vice president, in a … Read more

Kindle Scribe, Halo Rise, new Echos announced

Kindle Scribe, Halo Rise, new Echos announced

Amazon introduces four new Echo devices Amazon just announced four new Echo products: the Echo Dot, the Echo Dot with Clock, the Echo Dot Kids, the Echo Studio and the Echo Auto. The Echo Dot and Echo Dot with Clock deliver up to two times the bass of the previous generation, according to Amazon. It … Read more

Crypto exchange FTX is replacing its US president

Crypto exchange FTX is replacing its US president

Brett Harrison, FTX Source: CNBC Brett Harrison, the US president of the crypto exchange FTX, announced his resignation on Tuesday, with the company in the midst of a massive expansion effort. Harrison said on Twitter that he will be moving into an advisory role at the company and said he plans to remain in the … Read more

Tech stocks notch worst two-week stretch since the start of pandemic

Tech stocks notch worst two-week stretch since the start of pandemic

What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the previous week. That marks the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start of the Covid-19 pandemic in … Read more

Google CEO Pichai fields questions on cost cuts at all-hands meeting

Google CEO Pichai fields questions on cost cuts at all-hands meeting

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost cutting and employee dissent over cultural changes, CEO Sundar Pichai is finding himself on … Read more

Apple issues iOS 16.0.2 update to fix camera, hard reset bugs

Apple issues iOS 16.0.2 update to fix camera, hard reset bugs

Apple unveiled four new iPhones, three new Apple Watches and an updated AirPods Pro during a press event on Wednesday in Cupertino, California, United States on September 7, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Apple on Thursday issued an update to iOS, the iPhone’s operating system, that fixes several bugs that cropped … Read more

Figma investors score historic coup with Adobe deal in down year

Figma investors score historic coup with Adobe deal in down year

Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. In a year that’s featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s $20 billion acquisition of Figma on Thursday is what some might call a narrative violation. There was no … Read more