technology-industry
7 stories related to this topic, newest first.
realclearmarkets.comAMD's Q1 Revenue and Earnings Beat Estimates, Stock Rises 5%
Advanced Micro Devices reported first-quarter earnings that exceeded analyst estimates, with revenue jumping 38% year-over-year driven by strong data center sales. The company also forecasted second-quarter revenue above expectations, sending shares up about 5% in extended tradin…
azernews.azPentagon Signs AI Deals with Several Companies After Blacklisting Anthropic Over Safeguard Concerns
The Pentagon announced contracts with multiple technology firms for AI tools to support military operations, excluding Anthropic due to its refusal to remove certain safeguards. Anthropic had warned about risks of AI for mass domestic surveillance and autonomous weapons. The deal…
Sidney, Margaret, 1844-1924 / Wikimedia (No restrictions)Five Publishers and an Author File Lawsuit Against a Tech Company and Its Leader
A class-action lawsuit has been filed accusing a major technology company and its founder and chief executive of infringing on authors' copyrights. The suit involves five publishers and an author as plaintiffs. The accusations center on copyright infringement related to the compa…
under30ceo.comJury Sworn In for Elon Musk's Lawsuit Against OpenAI in Oakland Federal Court
A federal trial pitting Elon Musk against OpenAI co-founders Sam Altman and Greg Brockman commenced with jury selection on April 27 in Oakland, California. Musk seeks over $130 billion in damages, alleging betrayal of the company's nonprofit mission through its for-profit shift.
Indian Software Exporters' Earnings Highlight IT Sector Growth Concerns
Recent earnings reports from key Indian software services companies, including Infosys and HCL, have underscored investor worries about the IT industry's growth outlook. The reports come amid broader discussions on the sector's performance. This development reflects ongoing chall…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)AMC Releases New Black Comedy Series on Tech Industry
AMC has launched a new black comedy series that centers on a tech executive facing personal and professional challenges. The show examines aspects of the technology sector through satirical storytelling. It is available for viewing on AMC's platforms.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)CIOs and CTOs Adopt Stricter Vendor Policies Amid AI Impact on Enterprise Software
Chief information officers and chief technology officers are implementing tougher standards with software vendors as artificial intelligence influences the enterprise software sector. Investors are assessing the risks AI presents to these companies. The changes place CIOs at the…