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Nvidia shares fluctuates as investors digest third-quarter earnings

POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares whipsawed Thursday as investors reacted to the U.S. chipmaker’s third-quarter earnings. Shares of the tech giant were down 2.2% […]

British regulators will soon announce competition remedies for the multibillion-pound cloud industry

Ofcom said it received evidence showing Microsoft makes it less attractive for customers to run its Office productivity apps on cloud infrastructure other than Microsoft Azure. Igor Golovniov | Sopa Images | Lightrocket via Getty Images LONDON — Britain’s competition regulator is preparing remedies aimed at solving competition issues in the multibillion-pound cloud computing industry. […]

European tech funding declines for third consecutive year — but the sector is finally stabilizing

On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves’ tax plans could result in a tech “brain drain.”. (Photo by Oli Scarff/Getty Images) Oli Scarff | Getty Images Venture capital investment in European technology startups is projected to decline for a third straight year, according […]

Amazon launches fixed pricing for treatment of conditions such as hair loss. Hims & Hers stock drops 22%

A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon on Thursday announced Prime members can access new fixed pricing for treatment of conditions like erectile dysfunction and men’s hair loss, its latest effort to compete with other direct-to-consumer marketplaces such as Hims & […]

Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch

Pictured here is an AI-generated clip from Vidu’s website. The tool can create videos from text or image prompts. Evelyn Cheng | CNBC BEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining images. Vidu already allows users worldwide to create […]