Nvidia’s 10% Plunge Wrecks Chip Stocks to Worst Day Since 2020
Nvidia plunged 9.5% on Tuesday, wiping nearly $300 billion off the chipmaker’s market cap and pulling chip stocks down with it. Intel fell almost 8%, Marvell slid 8.2%, and Broadcom lost about 6%. AMD dropped 7.8%, and Qualcomm fell nearly 7%. The VanEck Semiconductor ETF (SMH), an index that tracks
Hotel Guests Ditch Plastic Keys for Mobile Wallets
Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years, with touchless trends accelerating during the pandemic and cybersecurity concerns mounting around hotel key technology. Researchers found a vulnerability
Tech Industry Mourns Susan Wojcicki, Former YouTube CEO at 56
Former YouTube CEO Susan Wojcicki, who was also one of the most influential early Google employees, has died at the age of 56 according to posts shared online by her husband Dennis Troper and Google CEO Sundar Pichai on Friday night. Wojcicki led YouTube for nearly ten years and was
Amazon’s Anthropic deal sparks UK merger probe inquiry launched
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation into Amazon’s investment and partnership with Anthropic to assess whether the deal