Author: Rudra Sharma
Rudra Sharma
Techcrowder is an imprint of Authority Media dedicated to consumer electronics and digital services. Beyond our expertise in mobile tech, our coverage has expanded to include everything from robot vacuums to streaming services to innovations in artificial intelligence.
Jaque Silva | Lightrocket | Getty PhotosAffirm shares jumped as a lot as 16% in after hours buying and selling on Wednesday, after the supplier of purchase now, pay later loans reported better-than-expected fiscal fourth-quarter outcomes.This is how the corporate did, in comparison with analysts’ consensus estimates from LSEG.Loss per share: 14 cents adjusted vs. 51 cents anticipatedIncome: $659 million vs. $604 million anticipatedAffirm reported gross merchandise quantity, or GMV, of $7.2 billion, up 31% from a 12 months earlier. GMV is a key trade metric that helps gauge the overall worth of transactions over the reporting window.Income climbed 48% from a…
Founder and CEO of Telegram Pavel Durov delivers a keynote speech in the course of the Cell World Congress in Barcelona, Spain February 23, 2016. REUTERS/Albert GeaAlbert Gea | ReutersFrench prosecutors on Wednesday charged Telegram CEO Pavel Durov with enabling prison exercise on the messaging platform and positioned him underneath formal investigation following his arrest Saturday.In an announcement, the Paris Prosecutors’ Workplace mentioned that Durov was indicted of all fees unveiled earlier this week in an announcement from prosecutors. They included complicity within the administration of a web based platform to allow a bootleg transaction, in an organized gang —…
Nvidia CEO Jensen Huang speaks throughout Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty PhotographsNvidia mentioned Wednesday that its board of administrators has authorized a $50 billion inventory buyback.The pc chip large introduced the share repurchase as a part of its fiscal second quarter earnings, by which it reported earnings and steerage that surpassed Wall Avenue expectations.Nvidia mentioned “it would pay its subsequent quarterly money dividend of $0.01 per share on October 3, 2024, to all shareholders of report on September 12, 2024.”That is breaking information. Please verify again for updates.
CrowdStrike CEO George Kurtz speaks on the Wall Road Journal Tech Reside convention in Laguna Seaside, California, on Oct. 21, 2019.Martina Albertazzi | Bloomberg | Getty PicturesCrowdStrike shares rose 4% in prolonged buying and selling on Wednesday after the cybersecurity software program maker reported robust fiscal second-quarter outcomes however diminished full-year steerage within the wake of a worldwide outage.Here is how the corporate did as compared with LSEG consensus:Earnings per share: $1.04 per share adjusted vs. 97 cents per share anticipatedIncome: $963.9 million vs. $959 million anticipatedCrowdStrike’s income grew 32% 12 months over 12 months within the quarter, which ended…
Salesforce chair and CEO Marc Benioff speaks on the World Financial Discussion board in Davos, Switzerland on Jan. 18, 2024.Fabrice Coffrini | AFP | Getty PicturesSalesforce shares rose about 1.5% in prolonged buying and selling on Wednesday after the enterprise software program maker reported strong fiscal second-quarter outcomes that beat estimates and raised its full-year revenue outlook.The corporate additionally introduced president and CFO Amy Weaver will step down. She’s going to stay on the firm because the CFO till a successor is appointed and, after that, will keep on as an advisor.This is how the corporate did as compared with…
On this photograph illustration OpenAI icon is displayed on a cell phone display screen with the photograph of Sam Altman, chief government officer of OpenAI.Didem Mente | Anadolu | Getty PhotosOpenAI is in talks to boost a funding spherical that will worth the bogus intelligence startup at greater than $100 billion, CNBC has realized.Thrive Capital is main the spherical and can make investments $1 billion, in keeping with a supply with data of the matter who requested to not be named as a result of the small print are confidential.Earlier this yr, OpenAI was valued at a reported $80 billion…
California-based Apple is anticipated to unveil the following iteration of its famend wi-fi earbuds, the AirPods Professional 3, probably debuting alongside the iPhone 16 sequence. A brand new report recommend that the AirPods Professional 3 will include upgraded energetic noise cancellation (ANC), surpassing the capabilities of the present AirPods Professional 2. A notable tipster Kosutami has hinted that the AirPods Professional 3 will introduce substantial enhancements in noise cancellation, utilizing what’s being known as “digital ANC.” This means that Apple may concentrate on software program enhancements and complicated audio processing to raise the earbuds’ efficiency, quite than altering their bodily…
The Deepmind brand is being displayed on a smartphone with the Google Gemini brand within the background on this photograph illustration in Brussels, Belgium, on February 8, 2024.Jonathan Raa | Nurphoto | Getty PhotographsGoogle stated it’s going to quickly enable customers to create pictures of individuals utilizing its Gemini synthetic intelligence device, after pulling the AI image-generation device in February. In a weblog submit on Wednesday, Dave Citron, a senior director of product on Gemini, wrote that early entry to Google’s new Imagen 3 generator can be obtainable to Gemini Superior, Enterprise and Enterprise customers beginning in English within the…
Nvidia CEO Jensen Huang speaks throughout Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty PhotosNvidia studies second fiscal-quarter earnings Wednesday after the bell.Here’s what Wall Road expects from the chipmaker within the quarter ending in July, based on LSEG estimates:Earnings per share: 64 cents adjustedIncome: $28.7 billionNvidia is the first beneficiary of the continuing synthetic intelligence increase. Its market worth has expanded greater than 9 instances because the finish of 2022.Buyers can be in search of indications that AI demand stays excessive. Whereas analysts anticipate Nvidia to submit a fourth straight quarter of triple-digit income…
On this picture illustration an OpenSea emblem is displayed on a smartphone with inventory market percentages within the background.Omar Marques | Lightrocket | Getty PhotosCrypto market OpenSea has been added to the SEC’s record of targets, because the regulator extends its crackdown on the sector.The corporate’s CEO mentioned in a submit on X on Wednesday that the U.S. Securities and Alternate Fee issued a Wells discover in opposition to OpenSea.A Wells discover is usually one of many remaining steps earlier than the SEC points formal prices. It typically lays out the framework of the regulatory argument and presents the doubtless accused…