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Categories Editor's Pick

Super Micro’s $50 billion stock collapse underscores risk of AI hype

Author November 1, 2024

In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years,

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Categories Editor's Pick

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Author November 1, 2024

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.  Stern, the president of Ford

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Categories Editor's Pick

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Author November 1, 2024

Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining

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Categories Editor's Pick

Starbucks will stop charging extra for nondairy milk

Author October 31, 2024

Nondairy milk lovers, rejoice. Starting next week, Starbucks will stop charging coffee drinkers who wish to customize their drinks with nondairy milk

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Categories Editor's Pick

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Author October 31, 2024

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to

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Categories Editor's Pick

Immersive entertainment company Cosm lands rights to broadcast NFL games

Author October 29, 2024

Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the

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Categories Editor's Pick

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

Author October 29, 2024

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to

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Categories Editor's Pick

Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations

Author October 28, 2024

Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an

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Categories Editor's Pick

Nvidia overtakes Apple as world’s most valuable company

Author October 28, 2024

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its

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Categories Editor's Pick

Boeing machinists reject new labor contract, extending strike

Author October 25, 2024

Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that

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