tech

Big-data firm Palantir revealed it lost more than half a billon dollars in each of the last two years as it prepared to go public. The secretive data-mining titan co-founded by tech tycoon Peter Thiel pulled back the curtain on its finances in a Tuesday filing for a direct listing that showed net losses of …

Epic Games won a partial victory in its legal battle with Apple when a federal judge barred the Silicon Valley titan from kneecapping the “Fortnite” maker’s trademark development tool. US District Judge Yvonne Gonzalez Rogers barred Apple from restricting access to the Unreal Engine — which powers three-dimensional graphics in many video games — in …

Nearly a dozen Google services suffered an hours-long disruption Thursday that left some users unable to send emails or upload files. The tech titan reported issues across 10 of its Google Suite services starting around 1:30 a.m., including problems with sending Gmail messages, creating files in Drive, posting Chat messages and recording meetings with Google …

Oracle is reportedly looking to purchase TikTok, giving Microsoft more competition for a politically sensitive acquisition of the popular video-sharing app. The software giant led by President Trump-supporting billionaire Larry Ellison has held preliminary talks with TikTok’s Chinese parent company, ByteDance, as it “seriously” considers purchasing the app’s operations in the US, Canada, Australia and …

Love it or hate it, Robinhood is now worth more than $11 billion. The controversial trading app announced on Monday that it raised a new $200 million round of funding that now values the startup at $11.2 billion. Robinhood’s newest windfall, its second major round this year, comes months after the app and its more …

Shares of German biotechnology firm CureVac nearly tripled in their Nasdaq debut Friday, marking the first stock market debut of a company developing a potential vaccine to combat the novel coronavirus. The stock opened at $44 per share, up from the initial public offering price of $16 per share. CureVac, backed by Microsoft founder and …

TikTok collected user data from millions of smartphones using a tactic banned by Google and without notifying users for over a year before the Chinese video-sharing app ended the practice last year. TikTok tracked the unique MAC (media access control) addresses of Androids, which are often used for advertising purposes, and concealed its activity with …

The Biden campaign has enlisted several allies of big tech companies as part of its policy planning initiatives, the New York Times reported on Monday. While the campaign is facing pressure from more progressive advisers to take a combative stance against companies such as Apple, Facebook, and Amazon, a number of former consultants for and senior employees …

Texas Tech women’s basketball coach Marlene Stollings has come under fire for creating what players described as a “toxic” environment that allegedly included sexual harassment, name-calling and a stolen dog. Former Texas Tech center Emma Merriweather alleged that Stollings confiscated her dog and gave it to a booster, according to a USA Today report. Merriweather …

A day after their leaders faced five hours of interrogation in Congress over allegations their power and influence is out of control, four of the biggest American tech companies saw their combined market value swell by $250 billion thanks to earnings that shocked even Wall Street. Shares of Amazon.com Inc., Facebook Inc., Apple Inc. and …