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Toshiba, which has a major presence in Durham, makes B move to go private

Toshiba, which has a major presence in Durham, makes $14B move to go private

TOKYO — Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around. Toshiba has a major presence in the Research Triangle region, operating its Toshiba Global Commerce Solutions business headquarters in Durham.

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‘Peace of mind’ & search: Google updates privacy policy to allow you to remove some results

‘Peace of mind’ & search: Google updates privacy policy to allow you to remove some results

By Catherine Thorbecke, CNN Google unveiled new privacy updates this week that lets US users have a wee bit more control over the search results that pop up about themselves online. The tech giant said that it was rolling out a new dashboard that will let you know if web results with your contact information

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Bandwidth CEO on finances, future: Enabling cloud communications is key

Bandwidth CEO on finances, future: Enabling cloud communications is key

RALEIGH – Bandwidth reported a quartertly loss this week but it topped Wall Street expectations. And the company also increased its revenue forecast. But what’s next? WRAL TechWire talked with CEO David Morken about the company’s finances ahead of today’s dedication for its new Raleigh headquarters. Bandwith dedicates its new HQ today – CEO says

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Google Fiber is looking for suppliers – here’s how your business could cash in

Google Fiber is looking for suppliers – here’s how your business could cash in

RESEARCH TRIANGLE PARK – Google Fiber is looking for suppliers, launching a public appeal this week for companies to provide a variety of goods and services as the company continues to expand its high-speed network. The company recently announced plans to offer higher-speed internet services. Now it’s seeking help in supporting further growth. “From on-site

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ChatGPT is growing more popular as a financial advisor – here’s why

ChatGPT is growing more popular as a financial advisor – here’s why

With more than 100 million users, the world has been struck by a kind of artificial intelligence (AI) meteor in recent months – ChatGPT. The platform sent shockwaves rippling through every corner of the information economy while knowledge workers everywhere grapple with how generative AI may impact their professional lives. The platform hit the ground

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Is some rot setting in at Apple? Revenues fall for third straight quarter

Is some rot setting in at Apple? Revenues fall for third straight quarter

By Catherine Thorbecke, CNN Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world’s most valuable company. There were some bright spots, however. The company said its services revenue reached a new all-time high of $21.2

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Inside Amazon’s strong earnings: Why tech giant’s stock is surging

Inside Amazon’s strong earnings: Why tech giant’s stock is surging

By Ramishah Maruf, CNN NEW YORK — Amazon (AMZN)’s sales boomed on strong demand in the second quarter for its wide range of products, from fast delivery for Prime deals to ads, fueling a massive jump in profit from a year ago. Sales grew 11% to $134.4 billion. That’s an increase from $121.2 billion in the second

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Threads may be unraveling: Daily user count plunges 82%, report says

Threads may be unraveling: Daily user count plunges 82%, report says

By Brian Fung, CNN WASHINGTON — Threads, Meta’s Twitter (“X”) rival, is struggling to retain users roughly a month after its highly publicized launch, according to fresh industry estimates showing that app engagement has fallen to new lows. The data from market research firms Similarweb and Sensor Tower highlight the challenges facing Meta as it

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Using AI to track climate change: IBM, NASA team up for data base, tracking

Using AI to track climate change: IBM, NASA team up for data base, tracking

RESEARCH TRIANGLE PARK – IBM and NASA are teaming up to create a huge data base linked with artificial intelligence in what they say is a collective effort to track the impact of climate change and also project future impact. There’s a role for Red Hat, too. “NASA has turned to AI to accelerate climate

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