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ServiceNow lifts guidance on AI growth

Bill McDermott, Chairman, President & CEO ServiceNow, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. ServiceNow posted strong second-quarter results and lifted its guidance Wednesday. Shares climbed 7% following the report. Here's how the company performed compared to LSEG estimates: Earnings per share: $4.09 adjusted vs. $3.57 expected $4.09 adjusted vs. $3.57 expected Revenue: $3.22 billion vs. 3.12 billion expected Subsc

AI's not the only hot tech trend - check out the year's other 11, according to McKinsey

MicroStockHub/Getty When we hear the word "technology," most of us automatically think of hardware; the physical devices that have become such a conspicuously present part of many of our day-to-day lives. But technology is a much more expansive phenomenon, encompassing not only all the various tools and gadgets we can clearly see, but also a vast and mostly invisible digital infrastructure of software and code upon which our modern world is based. When trying to understand technological change

Palantir Goons Reportedly Want to Remake Hollywood Into a Libertarian Dream Factory

Rightwing forces in the U.S. have long coveted a key fixture of American liberalism’s soft power: Hollywood. The “dream factory” that deeply influences the ways Americans see themselves and the world around them has often been accused of (perhaps rightfully so) having a liberal bent. Now, it appears that a group with ties to America’s military-industrial complex has a plan to take over Tinseltown and mold it in their own image. Semafor writes that a new production company with ties to a current

Trump Media Is Now a $2 Billion Bitcoin Bet

Trump Media isn’t just fighting Big Tech. It’s taking on Wall Street with a Bitcoin war chest big enough to rival corporate heavyweights. The company behind Truth Social and streaming platform Truth+ announced, on July 21, it had purchased $2 billion worth of Bitcoin and Bitcoin-related securities, converting two-thirds of its $3 billion in liquid assets into cryptocurrency. It’s one of the boldest corporate Bitcoin strategies ever seen, rivaling billionaire Michael Saylor’s MicroStrategy (now

Tesla’s earnings hit a new low, with largest revenue drop in years

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a 12

Major Rule About Cooking Meat Turns Out to Be Wrong

Contrary to common belief, resting meat isn’t really about retaining juices, but that doesn’t mean it’s pointless. Instead, it’s best understood as a temperature-control method for managing carryover cooking. To use it effectively, though, you have to completely rethink how the technique works and how to apply it. Is dark matter real? How do consciousness and memory actually work? And is it really necessary to rest your meat after cooking? These are the big, unresolved questions that keep scien

Here’s the Front-Runner to Play Elon Musk in Luca Guadagnino’s AI Movie

It seems like you haven’t really made it in Silicon Valley until a major movie actor plays you on film. Jesse Eisenberg portrayed Facebook founder Mark Zuckerberg in The Social Network, and Michael Fassbender played Steve Jobs in the 2015 film Steve Jobs. Even Bill Gates was played by Anthony Michael Hall in the 1999 TV film Pirates of Silicon Valley. And now Elon Musk is reportedly next in line to get the Hollywood treatment. Deadline reported today that Ike Barinholtz, the star of The Studio,

A Sweltering Heat Dome Is Pummeling the Middle of the US. Here's What That Means

You've probably heard of the heat index, and you might be aware of the National Weather Service's HeatRisk tool, but do you know what a heat dome is? If not, it's the perfect time to learn -- nearly a third of the US is about to be exposed to temperatures above 100 degrees because of one. The NWS has issued a bulletin warning that 100-degree temperatures will likely hit residents in the middle of the US today. The cause for that thermometer spike is a growing heat dome in the Mississippi Valley

Trump unveils his plan to put AI in everything

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. Ensuring AI reflects “objective truth,” slashing onerous regulations, disseminating US AI tools around the world, and fast-tracking AI infrastructure: this is all part of President Donald Trump’s vision for AI policy. The White House unveiled its “AI Action Plan” Wednesday ahead o

Sonos gets to keep its CEO, as a treat

Sonos’ Very Bad 2024 is well documented. Its redesigned app endured a disastrous launch, to the extent that it was initially fundamentally broken. The company was then forced to delay two product launches in order to fix the botched software that its devices are so reliant on. And in the wake of the mess, the company’s then CEO Patrick Spence stepped down at the beginning of 2025. He was replaced by Tom Conrad on an interim basis, but after seemingly steadying what looked like a sinking ship, th

Trump Releases His All-American Action Plan for AI

Donald Trump on Wednesday revealed “America’s AI Action Plan,” a collection of more than 90 policy recommendations designed to ensure that the country remains competitive when it comes to the development of artificial intelligence, some of which would loosen regulations around the development of data centers and encourage rapid adoption of the technology across different sectors. “We believe we’re in an AI race,” David Sacks, the White House AI czar, said during a call with reporters. “We want t

A year later, the Sonos Ace is finally fulfilling its potential

2024 was an awful year for Sonos. Its long-awaited entry into a crowded headphones market was eclipsed by a bungled app launch which had a knock-on effect that impacted everything the company had planned to do for the rest of the year. Plus, those Ace headphones were missing a major feature. One year later, that TrueCinema spatial audio enhancement is finally ready. And with that update, Sonos added a few more improvements to the Ace, including two-person TV Audio Swap, adaptive noise cancellat

Hackers fooled Cognizant help desk, says Clorox in $380M cyberattack lawsuit

Clorox is suing IT giant Cognizant for gross negligence, alleging it enabled a massive August 2023 cyberattack by resetting an employee's password for a hacker without first verifying their identity. The incident was first made public in September 2023, reportedly carried out by hackers associated with Scattered Spider, who utilized a social engineering attack to breach the company. The lawsuit says Cognizant provided IT services to Clorox, including service desk support and identity managemen

UK targets Apple’s and Google’s mobile platforms for regulation

In Brief The U.K.’s Competition and Markets Authority (CMA) announced on Wednesday a proposal that would give Apple’s and Google’s mobile platforms “strategic market status” — a designation that allows the regulator to create rules that could change how their app stores operate and how their mobile software works. The move is designed to create a more open, competitive environment for the app economy and user choice. However, Apple and Google have pushed back at the proposals, with Apple sayin

Alphabet to report Q2 earnings after the bell

Alphabet is set to report its second-quarter earnings after the bell Wednesday. Here's what analysts polled by LSEG are expecting: Revenue: $93.94 billion $93.94 billion Earnings per share: $2.18 Wall Street is also watching these numbers in the report: YouTube advertising revenue : $9.56 billion, according to StreetAccount : $9.56 billion, according to StreetAccount Google Cloud revenue: $13.11 billion, according to StreetAccount $13.11 billion, according to StreetAccount Traffic acquisi

Texas Instruments stock falls 12% as CEO warns of tariff concerns

The Texas Instruments headquarters in Dallas, Texas, US, on Sunday, Jan. 21, 2024. Texas Instruments shares plunged 12% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenues between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was sli

Trump's AI Action Plan targets state regulation and 'ideological bias'

At the start of the year, President Trump announced his AI Action Plan, an initiative he said would eventually enact policy that would "enhance America's position as an AI powerhouse." Now, after months of consultation with industry players like Google and OpenAI, the administration has finally shared the specific actions it plans to take. Notably, the framework seeks to limit state regulation of AI companies by instructing the Office of Science and Technology Policy (OSTP) and other federal ag

Sonos gets to keeps its CEO, as a treat

Sonos’ Very Bad 2024 is well documented. Its redesigned app endured a disastrous launch, to the extent that it was initially fundamentally broken. The company was then forced to delay two product launches in order to fix the botched software that its devices are so reliant on. And in the wake of the mess, the company’s then CEO Patrick Spence stepped down at the beginning of 2025. He was replaced by Tom Conrad on an interim basis, but after seemingly steadying what looked like a sinking ship, th

Replit’s AI Agent Wipes Company’s Codebase During Vibecoding Session

AI coding assistants that promise to speed up software development sound like the future, until they delete your company’s database and lie about it Jason Lemkin—the founder of SaaStr, a company which supports and funds SaaS entrepreneurs — found that out the hard way. While using Replit’s AI agent, which he affectionately dubbed “Replie,” to build an app for his company, he encountered what he called “rogue” and “deceptive” behavior. Worst of all, at one point, the AI assistant deleted the com

India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

India’s financial crime watchdog has filed a complaint against Walmart-backed fashion e-commerce giant Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme that disguised retail operations as wholesale trade. This complaint marks the latest move in a broader crackdown by Indian authorities, which previously targeted Amazon and Flipkart. On Wednesday, the Enforcement Directorate said the Bengaluru-based fashion e-commerce

Trump’s AI strategy trades guardrails for growth in race against China

The Trump administration published its much-anticipated AI Action Plan on Wednesday, a document that takes a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and instead barrels ahead with plans to build out AI infrastructure, cut red tape for tech companies, shore up national security, and compete with China. The downstream effects of this shift will likely ripple throughout various industries and may even be felt by the average American consumer.

US nuclear weapons agency reportedly hacked in SharePoint attacks

Unknown threat actors have reportedly breached the National Nuclear Security Administration's network in attacks exploiting a recently patched Microsoft SharePoint zero-day vulnerability chain. NNSA is a semi-autonomous U.S. government agency part of the Energy Department that maintains the country's nuclear weapons stockpile and is also tasked with responding to nuclear and radiological emergencies within the United States and abroad. A Department of Energy spokesperson confirmed in a stateme

NPM package ‘is’ with 2.8M weekly downloads infected devs with malware

The popular NPM package 'is' has been compromised in a supply chain attack that injected backdoor malware, giving attackers full access to compromised devices. This occurred after maintainer accounts were hijacked via phishing, followed by unauthorized owner changes that went unnoticed for several hours, potentially compromising many developers who downloaded the new releases. The 'is' package is a lightweight JavaScript utility library that provides a wide variety of type checking and value v

Physicists Blow Up Gold With Giant Lasers, Accidentally Disprove Renowned Physics Model

Scientists equipped with giant lasers have blown up gold at SLAC National Accelerator Laboratory, heating it to 14 times its boiling point. For a chilling second, they thought they broke physics, but they fortunately did no such thing. That said, they broke something else: a decades-long model in physical chemistry having to do with the fundamental properties of matter. In an experiment presented today in Nature, researchers, for the first time ever, demonstrated a way to directly measure the t

UK targets Apple and Google’s mobile platforms for regulation

In Brief The U.K.’s Competition and Markets Authority (CMA) announced on Wednesday a proposal that would give Apple and Google’s mobile platforms “strategic market status” — a designation that allows the regulator to create rules that could change how their app stores operate and how their mobile software works. The move is designed to create a more open, competitive environment for the app economy and user choice. However, Apple and Google have pushed back at the proposals, with Apple saying

Sonos interim CEO Tom Conrad now made permanent [U]

After former Sonos CEO Patrick Spence left the company over the disastrous launch of a new app, Tom Conrad was appointed as an interim replacement. Update: Sonos has now confirmed Conrad as permanent CEO – see the end of the piece. The new app left many long-term customers struggling with connectivity problems and broken features, with Conrad saying this was because the company failed to understand how its products were used in the real world … The Sonos mess at-a-glance In May of last year,

Amazon buying the world’s creepiest Apple Watch app and wearable, Bee

Amazon has confirmed it’s in the process of buying Bee, an Apple Watch app and wearable that records everything it hears. The platform describes itself as “a personal Al that transforms your conversations, tasks, places and more into summaries, personal insights and timely reminders” … The company’s website has a banner saying that “Bee is joining Amazon,” which links to a statement by founder, Maria de Lourdes Zollo. Bee is joining Amazon and we couldn’t be more excited! When we started Bee,

Trump’s AI Action Plan Is a Crusade Against ‘Bias’—and Regulation

On Wednesday, the Trump Administration unveiled its new artificial intelligence action plan geared at keeping US efforts competitive with China. With over 90 policies recommended, it’s a wide-ranging document that, if followed, would give Silicon Valley’s most powerful companies even more leeway to grow. “We believe we’re in an AI race,” White House AI czar David Sacks said on a call ahead of the action plan’s release. “We want the United States to win that race.” The Office of Science and Tech

How TRIC Robotics is reducing pesticide use on strawberries using UV light

Strawberries are the most popular berry in the U.S. for both consumers and farmers alike. They’re also some of the most pesticide-reliant fruits and consistently top the Environmental Working Group’s “Dirty Dozen” list of the most contaminated produce. TRIC Robotics, a San Luis Obispo, California-based, think it can help strawberry farmers reduce chemical use with the help of UV light and robots. The startup built a fleet of robots that use UV-C light, a form of ultraviolet light that is large

Avalanche Energy hits key milestone on the road to a desktop fusion reactor

For every technology, there comes a tipping point where it switches from theory to possibility. Robin Langtry believes that Avalanche Energy has reached that point. Avalanche recently operated its desktop fusion machine for hours on end while maintaining 300,000 volts, a figure the startup predicts will allow it to build a reactor capable of generating more energy than it consumes, the holy grail for any fusion company. Where other fusion companies need powerful magnets to generate energy, Ava