Software News & Breaking Stories

Rivian partners with Volkswagen in $5 billion joint venture, boosting stock nearly 50%. Major automakers may follow suit with partnerships.

Rivian and Volkswagen partner to boost electric vehicle production with $1 billion investment, aiming to lower costs and increase innovation.

Cyberattack on CDK Global highlights need for robust contingency plans. Organizations urged to diversify vendors, enhance cybersecurity standards, and collaborate.

Cyber attack on CDK Global shuts down systems for 15,000 car dealerships, forcing creative solutions to continue business.

Broadcom stock soars on strong earnings and upcoming stock split. Wall Street firms raise price targets, fueling FOMO trading.

Lior Rachmany's journey from musician to successful mover and business owner in Brooklyn showcases dedication, community support, and technological innovation.

InvestorPlace highlights the Nvidia stock split and the best AI stocks to buy in June for explosive growth potential.

Apple unveils iOS 18 with new features like app placement, Messages overhaul, and AI-powered tools. Beta available now, but proceed with caution.

Nvidia stock split boosts accessibility for retail investors, reflecting CEO's confidence in company's continued expansion amid surging demand for chips.

NYSE glitch halts trading in 40 stocks, shows 99% drop in Berkshire Hathaway shares. Reversed trades, reviewing stops. Market adjusts to T+1 settlement.

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Salesforce CRM shares drop 16% pre-market due to mixed Q1 results and weak Q2 guidance. Investors cautious amid slowing tech spending.

Salesforce shares fall as company reports revenue miss and slashes forecast. Analyst notes AI investments impacting revenue trajectory. Stock plunge may be overreaction.

Nvidia stock set to surge 258% to $10 trillion by 2030, driven by Blackwell GPU chip, software platform, and automotive market.

Stock indices in the US closed lower, but Nvidia's strong earnings boosted the market. Global markets struggled amid inflation concerns.

iHeartMedia celebrates new music and artists with 'On The Verge' campaigns and World Premiere debuts, showcasing rising talent.

Cyberattack cripples major US hospitals, leaving staff unable to access critical systems. Chaos ensues as Ascension engages Mandiant for incident response.

Apple's Let Loose event on May 7 will unveil four new iPad models, including iPad Pro 2024 with OLED displays and M4 chip.

Apple's stock soars despite iPhone sales slump. Company announces dividend increase and stock buyback plan. Pressure to innovate grows.

Apple's Q2 earnings: $90.8 billion revenue, $1.53 EPS. iPhone sales lead at $45.96 billion. Services segment hits all-time high.

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Pico announces Corvil Analytics 10.0 software release, using AI and ML for proactive notification and natural language descriptions in financial markets.

Meta stock plunges 15% due to heavy AI investment plans overshadowing strong financial results, raising concerns about future growth.

Tesla stock surges 11% as Elon Musk accelerates plans for more affordable electric vehicles, despite recent profit decline.

BLACKBAUD INC Executive VP sells shares, raising questions on valuation. High P/E ratio and revenue growth concerns prompt investor caution.

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Apple agrees to allow Epic Games to develop a European app store for iPhones after dispute, complying with new tech law.

Dell solidifies AI credibility, analyst says. AI-optimized servers shipments up, likely to win more believers. Stock price target raised.

Highmark Health integrates Google Cloud and Epic Systems to improve data gathering for providers and payers, aiming to save $2.7 million annually.

Young podcast host and husband, Cory Althoff, filed for divorce. The couple shares two daughters. Cory seeks joint custody and no spousal support.

Mark Zuckerberg surpasses Bill Gates to become the fourth richest person in the world, with Meta stock surge making him $28B richer.

Nvidia stock jumps 5.1% after Goldman Sachs analyst raises price target to $800. Is it time to buy? Full analysis report available.

Deepfake images of Taylor Swift highlight the urgent need for proactive measures against AI-generated fake content. Spread the word!

Evercore says 'Big Blue is back.' But not everyone is convinced. IBM's stock jumped 11.2% higher after strong forecast.

OpenAI bans developer of bot imitating Democratic presidential candidate. Company's first known restriction on using its AI tools by a political campaign.

Google and Samsung promise 7 years of Android updates for their phones, but it might not be realistic. Hardware limitations apply.

Lenovo's new 2-in-1 laptop and tablet hybrid is a game-changer, offering powerful specs, seamless switching between Windows and Android, and more.

Willis Gibson, 13, became the first player to officially "beat" the original Nintendo version of Tetris by breaking it.

Delta Dental of California reported a data breach affecting 7 million patients, exposing personal data through the MOVEit Transfer software.

Tesla engineer injured by robot at Giga, Tex. factory sparks concerns and allegations of underreported incidents and safety issues.

Adobe has terminated its £16bn takeover of Figma after clashing with regulators, paying a £800million termination fee. Big Tech concerns.

Sprout Social achieves ISO/IEC 27001:2013 and ISO/IEC 27701:2019 certifications for information security and privacy management systems, reinforcing commitment to customer assurance.

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OpenAI reinstates Sam Altman as CEO and adds Larry Summers to the board after firing him, in a surprising move.

"AI-driven Nvidia stock is soaring with a 240% gain in 2023. The chipmaker dominates the AI chip market and is set to benefit from growing demand."

Roula Khalaf, Editor of the FT, shares her favorite stories in this weekly newsletter. Sam Altman's firing at OpenAI causes uproar.

OpenAI's CEO was ousted, causing chaos. Microsoft hired him. The fate of ChatGPT, used by millions, is uncertain. AI in jeopardy.

Apple beats expectations for Q4 earnings with $1.46 per share on sales of $89.5bn, but sales fall for fourth consecutive quarter.

Microsoft beats earnings estimates with quarterly earnings of $2.99 per share, representing a surprise of 12.83%.

Metaverse stocks offer investment opportunities as they redefine internet engagement. Meta Platforms, Roblox, and Microsoft are key players to consider.