Microsoft’s deal with CoreWeave could be worth billions of dollars over several years, people familiar with the matter said. CoreWeave offers Nvidia graphics cards that other companies rent out. Nvidia has invested $100 million in CoreWeave, which was valued at $2 billion in April. Microsoft CEO Satya Nadella Jordan Novet | CNBC Microsoft’s massive investment … Read more
A sign posted in front of a Dollar General store in Vallejo, California March 17, 2022. Justin Sullivan | Getty Images Check out the companies making the biggest moves at noon. Dollar General Shares fell nearly 20% after the company posted a loss in first-quarter earnings and revenue. The company also trimmed its full-year outlook, … Read more
The Pentagon said Thursday it had agreed to purchase Starlink satellite internet terminals from Elon Musk’s SpaceX for use in Ukraine. The Pentagon declined to offer further contract details, including the price, scope and timing of delivery. Starlink is SpaceX’s global network of more than 4,000 satellites, providing services to more than 50 countries. Ukrainian … Read more
Snowflake should emerge as a long-term AI winner despite a string of short-term snowstorms, Wall Street analysts think. Cloud stock fell more than 16% on Thursday after the company shared product revenue guidance that fell short of consensus expectations and results that pointed to slowing growth. Wolfe Research downgraded Snowflake to outperform from outperform, citing … Read more
Nokia plans to launch 4G Internet on the moon later this year, a company executive said. It will be used within NASA’s Artemis program, which aims to establish a human presence on the moon. The goal is to demonstrate that terrestrial networks can meet the communication needs of future space missions. Nokia hopes to roll … Read more
Amazon has revealed a trio of satellite dishes, as the company prepares to take on SpaceX’s Starlink with its own Project Kuiper internet network. The tech giant will offer a standard, ultra-compact, professional version of its antennas, with speeds ranging from around 100 megabits per second up to 1 gigabit per second. Amazon said the … Read more
With so much personal data circulating publicly on the internet, consumers have a legitimate interest in controlling the flow of information. Some are taking matters into their own hands, opting out of certain data collection websites or using paid removal services to scrub on their behalf. Whether to do so, and which option you choose, … Read more
Medical devices for conditions such as diabetes and sleep management, from insulin pumps and continuous glucose monitors to C-PAP machines, are increasingly connected to the Internet. Insulin pumps and blood glucose meters can now be connected to smartphones via Bluetooth, while C-PAP machines can store and send data to healthcare professionals without the need for … Read more