Latest Technology News and Reviews

Technology

Yahoo Finance brings you the latest news and expert analysis of the biggest companies and trends in technology.

Jack Ma Pushes AI Drive in Rare Speech Since Ant Crackdown

(Bloomberg) -- Chinese billionaire Jack Ma rallied his troops during a speech at Ant Group Co.’s 20th anniversary, making a rare appearance after a government crackdown forced the fintech giant to scrap what would have been the world’s largest initial public offering four years ago. Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With

Bloomberg 2 hours ago

BABA

Trump EV Skepticism Threatens $54 Billion in Korea Plans

(Bloomberg) -- South Korean companies are reconsidering their $54 billion investment blitz to build electric-vehicle battery plants in the US over concerns President-elect Donald Trump could undo tax credits for EVs.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitSome Korean companies have slowed or hit the pause butto

Bain-Backed Kioxia to Set IPO Price as Deals Hit Eight-Year High

(Bloomberg) -- Bain Capital-backed Kioxia Holdings Corp. is set to price its initial public offering Monday that could value the Japanese memory maker at as much as $5.5 billion, in the latest mammoth deal in Tokyo.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe Tokyo-based company may be valued at as high as ¥819

Oil climbs as Assad's fall brings more uncertainty to Middle East

TOKYO/SINGAPORE (Reuters) -Oil prices climbed on Monday after the fall of Syrian President Bashar al-Assad's regime introduced greater uncertainty to the Middle East, although the gains were capped by a waning demand outlook for the coming year. Brent crude futures rose 36 cents, or 0.51%, to $71.48 per barrel by 0513 GMT. U.S. West Texas Intermediate (WTI) crude futures gained 38 cents, or 0.57%, to $67.58 per barrel.

CVC In Talks to Take German Software Firm CompuGroup Private

(Bloomberg) -- CVC Capital Partners Plc is in advanced talks about a deal to take CompuGroup Medical SE & Co. KGaA, a German software provider to the health-care sector, private.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitKoblenz-based CompuGroup is discussing a potential offer from CVC of €22 a share, it said in a

Blackstone’s Data-Center Ambitions School a City on AI Power Strains

(Bloomberg) -- The power lines weren’t even built, yet ran into resistance at every turn.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThey would encroach on more than 100 properties and houses, hitting home values and crossing people’s yards. Few saw them coming — not city officials, nor local homeowners — until emp

Bluesky promises to shake up social media. It might finally succeed.

The timing may finally be right for open platforms like Bluesky as social media moves toward a more fragmented future.

Dubai’s Mega Tech IPO Solidifies Turnaround That Began in 2021

(Bloomberg) -- German food delivery giant Delivery Hero SE’s Middle Eastern unit is set to start trading in Dubai next week, solidifying a years-long turnaround for the city’s bourse.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitTalabat’s $2 billion initial public offering, the largest in the Middle East this year an

Ant Group President Cyril Han to Assume CEO Role From March

(Bloomberg) -- Ant Group Co.’s President Cyril Han will take on the role of chief executive officer from March 2025 as the fintech giant tries to rebuild growth momentum after a government crackdown on the internet sector.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitHan will succeed Eric Jing as CEO on March 1 and b

Trump’s Crypto-AI Czar Sacks Is Longtime Critic of Tech Regulation

(Bloomberg) -- David Sacks, President-elect Donald Trump’s surprise pick to guide policy on artificial intelligence and cryptocurrency, doesn’t have deep ties to either industry or an extensive track record of investing in them. What he does have, though, is even more important in the eyes of technology investors — a tech-friendly worldview and a long history of skepticism about government regulation.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Archit

Super Micro Receives Extension From Nasdaq Until February

(Bloomberg) -- Super Micro Computer Inc. said Nasdaq Inc. has granted the company additional time to become compliant with listing rules, easing the near-term risk that the embattled server maker would be delisted.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitSuper Micro said it received a letter Friday from Nasdaq a