Technology

Yahoo Finance brings you the latest news and expert analysis of the biggest companies and trends in technology.

Head of Instagram Adam Mosseri testified Thursday in the Meta antitrust trial in DC federal court.

What we learned from Instagram boss Adam Mosseri's testimony at the Meta antitrust trial

Head of Instagram Adam Mosseri testified Thursday in the Meta antitrust trial in DC federal court.
Business Insider 3 hours ago
Citgo posts $82 million loss in Q1 amid weak margins

Citgo posts $82 million loss in Q1 amid weak margins

Venezuela-owned refiner Citgo Petroleum registered an $82 million net loss in the first quarter, compared with a net income of $410 million in the same period last year, amid weak refining margins, the Houston-based company said on Thursday. Citgo, whose assets are being pursued by expropriated companies and bondholders defaulted by Venezuela through a U.S. court-organized auction, registered red numbers again in its latest period, following a $146 million loss in the fourth quarter. Average throughput of the seventh largest U.S. oil refiner in the first quarter was 833,000 barrels per day (bpd), of which crude runs were 768,000 bpd for an overall crude utilization of 95%, below the 98% registered in the previous quarter.
Reuters 4 hours ago
Trump's FTC antitrust cops just got a loud warning about blocking tech tie-ups

Trump's FTC antitrust cops just got a loud warning about blocking tech tie-ups

President Trump's antitrust cops just received a loud warning about attempts to block any future technology mergers as the FTC lost an attempt to undo Microsoft's $69 billion acquisition of gaming giant Activision Blizzard.
Yahoo Finance 11 hours ago
GOOG
META
Alphabet stock rebounds, Wall Street analysts defend company after Apple's AI search plan triggers 7% sell-off

Alphabet stock rebounds, Wall Street analysts defend company after Apple's AI search plan triggers 7% sell-off

Apple "has incentive for Google to appear weaker in search," at least one analyst said Thursday, brushing off the sharp drop in Alphabet stock seen Wednesday.
Yahoo Finance 4 hours ago
MSFT
GOOG
OPEC April oil output edges lower despite plans for hike, survey finds

OPEC April oil output edges lower despite plans for hike, survey finds

LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the flows and smaller drops in Iraq and Libya. The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its most recent layer of output cuts. The full extent of the rises will depend partly on the impact of attempts by U.S. President Donald Trump to clamp down on supply from Iran and Venezuela.
Reuters 12 hours ago

Featured Content

Trump's FTC antitrust cops just got a loud warning about blocking tech tie-ups

Trump's FTC antitrust cops just got a loud warning about blocking tech tie-ups

President Trump's antitrust cops just received a loud warning about attempts to block any future technology mergers as the FTC lost an attempt to undo Microsoft's $69 billion acquisition of gaming giant Activision Blizzard.
Alphabet stock rebounds, Wall Street analysts defend company after Apple's AI search plan triggers 7% sell-off

Alphabet stock rebounds, Wall Street analysts defend company after Apple's AI search plan triggers 7% sell-off

Apple "has incentive for Google to appear weaker in search," at least one analyst said Thursday, brushing off the sharp drop in Alphabet stock seen Wednesday.
Nvidia stock in focus amid report Trump administration plans to repeal Biden’s AI chip curbs

Nvidia stock in focus amid report Trump administration plans to repeal Biden’s AI chip curbs

Nvidia stock rose 3% to end the trading day Wednesday following a Bloomberg report that the Trump administration plans to repeal AI chip export restrictions put into place under former President Joe Biden.
AI and ad tech are safe from Trump's tariffs so far

AI and ad tech are safe from Trump's tariffs so far

Big Tech's AI and advertising giants are faring better against tariffs than the likes of Apple.
Google stock sinks on report Apple plans to integrate AI search into Safari browser

Google stock sinks on report Apple plans to integrate AI search into Safari browser

Google stock dropped more than 6% on Wednesday after Apple revealed it may integrate AI search options into its Safari browser.
Nvidia CEO Jensen Huang on AI: Every job will be affected, some will be lost

Nvidia CEO Jensen Huang on AI: Every job will be affected, some will be lost

Nvidia founder and CEO Jensen Huang served up a blunt take on the job market as AI permeates society.
AMD stock whipsaws as Wall Street balances better-than-anticipated Q1 results with AI uncertainty

AMD stock whipsaws as Wall Street balances better-than-anticipated Q1 results with AI uncertainty

AMD stock whipsawed in early trading Wednesday as Wall Street tried to make sense of the company's future outlook.
VC founder: Tariffs have triggered one big rethink on tech

VC founder: Tariffs have triggered one big rethink on tech

Greycroft co-founder and managing partner Dana Settle discusses the rethink on tech stocks amid Trump tariffs.
Nonprofit keeps control over OpenAI as ChatGPT creator sheds for-profit conversion plans

Nonprofit keeps control over OpenAI as ChatGPT creator sheds for-profit conversion plans

ChatGPT creator OpenAI announced on Monday that it would remain under the control of a nonprofit, a move that followed public questions, criticisms, and litigation about plans for the AI upstart to become a for-profit business.
Google is fighting a new DOJ bid to break up another part of its empire

Google is fighting a new DOJ bid to break up another part of its empire

Google now has to defend itself against a breakup of its online ad business while fighting a separate attempt by the federal government to force an unraveling of its online search empire.
Nvidia stock in focus amid report Trump administration plans to repeal Biden’s AI chip curbs

Nvidia stock in focus amid report Trump administration plans to repeal Biden’s AI chip curbs

Nvidia stock rose 3% to end the trading day Wednesday following a Bloomberg report that the Trump administration plans to repeal AI chip export restrictions put into place under former President Joe Biden.
Yahoo Finance 4 hours ago
NVDA
AMD
Novavax says talks with FDA on COVID vaccine approval ongoing calming investor fears

Novavax says talks with FDA on COVID vaccine approval ongoing calming investor fears

Novavax on Thursday tried to calm investors spooked by the delay of full approval of its COVID vaccine shot by U.S. regulators saying that it sees a pathway to resolving issues with the FDA, sending shares up nearly 19% in early trading. The vaccine maker said it believes commitments to run new trials would be after it receives approval for the shot. The vaccine's prospects were thrown into doubt after the U.S. Food and Drug Administration missed its April 1 target to approve the shot.
Reuters 12 hours ago
NVAX
AI and ad tech are safe from Trump's tariffs so far

AI and ad tech are safe from Trump's tariffs so far

Big Tech's AI and advertising giants are faring better against tariffs than the likes of Apple.
Yahoo Finance 13 hours ago
META
GOOG
Elon Musk fires back at OpenAI's claim he's out to sabotage the company

Elon Musk fires back at OpenAI's claim he's out to sabotage the company

Lawyers for Elon Musk said OpenAI's countersuit accusing him of waging a campaign to harm the ChatGPT maker "fail as a matter of law."
Business Insider 13 hours ago
ConocoPhillips warns weak prices may trigger output cuts in oil industry

ConocoPhillips warns weak prices may trigger output cuts in oil industry

(Reuters) -ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that weak oil prices would likely lead to output cuts in the industry. CEO Ryan Lance said during a post-earnings call that while balance sheets across the sector were in good shape, a crude price outlook in the $50s or low $50s could still trigger widespread activity reductions, even among larger players. U.S. President Donald Trump's global tariff announcements have further contributed to a decline in oil prices and fears of an economic downturn.
Reuters 13 hours ago
COP
Morning Bid: UK eyes 'major trade deal'

Morning Bid: UK eyes 'major trade deal'

The spotlight hit Britain on Thursday as U.S. President Donald Trump's 'major trade deal' announcement looks set to provide a major relief for UK exporters, just as the Bank of England is set to cut interest rates. I'll get into all the market news below, and, for today's deep dive, I'll explain why Europe may be better prepared to absorb a deluge of global investment flows than many assume.
Reuters 13 hours ago
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