While the industry once reached meteoric highs — edtech startups collectively raised $17.3 billion from VCs in 2021, according to PitchBook — the sector has since come back down to…
Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations.Their CEOs said that their profits are in part thanks to their companies' investments in AI.This is going to be…
Meta shares plunged as much as 15% in premarket trading, dragging US futures lower. Investors weren't convinced by Mark Zuckerberg's plan to keep spending tens of billions on AI. Meta…
Elon Musk has said Tesla will get cheaper electric vehicles out sooner.The move came after Tesla lowered prices amid falling sales and increasing competition.Tesla's first quarter was marked by fewer…
On Thursday, Apple rose more than 4% after Bloomberg reported that it will overhaul its Mac lineup with new M4 processors focused on AI. It was the best day for…
OK, Bob Iger. You won.Maybe less than you think.That's included companywide cost cutting, in part through significant layoffs; turning streaming from a money pit into a business that's supposed to…
It was a little less than a year since MoviePass had filed for bankruptcy, and Ted Farnsworth was back.The bombastic CEO had acquired MoviePass, helped turn its parent company into…
While Reddit's stock pop has some watchers giddy that it will coax more tech startups to Wall Street, one startup isn't waiting to go public to share the fruits of…
Companies know investors have an appetite for all things artificial intelligence right now, and they're eager to show off how they're integrating the new tech into their businesses — or…
IPOs are typically a day reserved for celebration. But it's not all sunshine and roses for Reddit, whose co-founder and early investors are bickering on social media.Alexis Ohanian, who co-founded…