DIRS.INFO The most relevant business & tech news

The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. In August, a federal judge ruled that Google holds a monopoly in the search market. Last month, the DOJ indicated it was considering a breakup of Google businesses, including potentially breaking up its Chrome, Play or Android divisions.

Persons: Sherman Organizations: Justice, Google, Chrome, DOJ, Apple, Samsung, Microsoft, Android

☆ The DOJ vs. Google: Breaking down the latest in the antitrust case and what it means for Chrome's future
▼ + stars: | 2024-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe DOJ has asked the judge in its antitrust case against Google to force the tech giant to sell Chrome, its massively popular browser. In August, a judge ruled Google violated antitrust laws and acted as a monopoly when it came to its search engine. Google will have a chance to respond next month with its own plan before the judge makes a ruling next year. That makes it a powerful distribution arm for Google since Chrome's default search engine is … Google. And Apple was making at least $20 billion a year by defaulting to Google Search .

Persons: Billy Bob Thornton, Trump, Elon Musk, Vivek Ramaswamy, Chelsea Jia Feng, Hugh Langley, Lara O'Reilly, Lara, Apple, Donald Trump, Matt Gaetz, Marc Rowan, Arturo Holmes, Apollo, Scott Kleinman, Jim Zelter, Morgan Stanley's, Jeff McMillan's, he's, You've, that's, Michael M, Tyler Le, Google's DeepMind, John Deere, Biden, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Justice Department, Google, Tech, Nvidia, Elon, DOJ, Microsoft, YouTube, Bloomberg, Big Tech, Trump, Getty, —, Comcast, Boston Celtics, White Locations: Los Angeles, New York, Chicago, London

☆ Google's DeepMind and YouTube built and shelved 'Orca,' a 'mind-blowing' music AI tool that hit a copyright snag
▼ + stars: | 2024-11-21 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

AdvertisementGoogle's DeepMind and YouTube previously built and shelved Orca, an AI music tool. Orca could generate music mimicking artists. Google trained it on copyrighted YouTube music videos. In November 2023, DeepMind announced a music generation AI model named Lyria, which was a pared-down version of the Orca project. AdvertisementSome employees who worked on Lyria and Orca left to found a new startup named Udio, which makes an AI music creation app.

Persons: Lizzie Widhelm, Taylor Swift, Orca, OpenAI, DeepMind, John Legend — Organizations: YouTube, Google

☆ CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal
▼ + stars: | 2024-11-21 | by ( Hugh Son | ) www.cnbc.com time to read: +3 min

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. That would include popular services from Apple and Google , as well as payment firms like PayPal and Block . "Digital payments have gone from novelty to necessity and our oversight must reflect this reality," said CFPB Director Rohit Chopra. A year ago, the CFPB said it wanted to extend its oversight to tech and fintech companies that offer financial services but that have sidestepped more scrutiny by partnering with banks. The CFPB said the rule will take effect 30 days after its publication in the Federal Register.

Persons: Rohit Chopra, CFPB Organizations: Banking, Housing, Urban Affairs Committee, Consumer Financial, Tech, Apple, Google, PayPal, Federal Register

☆ Vance debuts new role as Trump’s point person on Capitol Hill
▼ + stars: | 2024-11-21 | by ( Alayna Treene | Steve Contorno | ) edition.cnn.com time to read: +8 min

Congressional Republicans acknowledge that Vance hasn’t necessarily developed longstanding relationships on Capitol Hill during his abbreviated time in Washington. His coattails turned a 49-51 senate to a 53-47 senate,” Vance wrote on X on Wednesday. The three developed a bond that predates the campaign and has carried into the early days of Trump’s transition. But when you look at the effectiveness of JD in the campaign, there’s no better surrogate for President Trump’s agenda,” the adviser said. “In JD’s view, his role of VP is to take on any issue that President Trump would like him to take on,” the person close to Vance told CNN.

Persons: JD Vance, Donald Trump’s, Vance, Matt Gaetz, he’ll, Pete Hegseth, Vance hasn’t, ”, North Dakota Sen, Kevin Cramer, Trump, “, Donald Trump, ” Cramer, ” Vance, “ Donald J, coattails, Joe Biden’s, Grace Chong, Steve Bannon’s, Chong, ” Trump, Tom Homan, ’, Tulsi Gabbard, Donald Trump Jr, —, Trump’s MAGA, Kamala Harris ’, JD, James Braid, “ Vance, you’ll, ” CNN’s Ted Barrett Organizations: CNN, Capitol, Trump’s Cabinet, Florida Rep, Fox News, Department of Defense, Senate, White, GOP, Cabinet, Trump, FBI, Republican, Democratic, Mar, Elon, JD, Central America —, “, White House Locations: Ohio, Washington, North Dakota, Central, Trump

☆ Want to live a rich life? Start by looking to the affluent.
▼ + stars: | 2024-11-21 | by ( Sponsored Mastercard | ) www.businessinsider.com time to read: +6 min

New Mastercard research shows affluent consumers enjoy optimizing their wallets with "financial gymnastics." While prioritizing experiences and legacy-building, affluent consumers don't accept anything less than the speediest and most convenient payment options. Those based in Asia Pacific tend to go even further, juggling approximately 7.5 payment methods. We see this every day in our work with banks across Asia Pacific: Affluent consumers are no longer motivated by simply accumulating assets. Reliable payment methods free up time that is better spent with loved ones or pursuing passions.

Persons: Sandeep Malhotra, prudently Organizations: Mastercard, Products, Innovation, Insider Studios Locations: Asia Pacific, India, Hong Kong

☆ Eli Manning, Derek Jeter, Jimmy Fallon join TGL New York Golf Club investor group
▼ + stars: | 2024-11-21 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Tiger Woods and Rory McIlroy's new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael Strahan, John McEnroe and Jimmy Fallon are joining the New York Golf Club's investor group as limited partners. Cohen, who also owns Major League Baseball's New York Mets, acquired the rights to the New York Golf team last September. TGL is the new primetime, high-tech golf league launched by Woods, McIlroy and Golf Channel executive Mike McCarley. Former New York Yankees star Jeter told CNBC he was drawn to the investment opportunity because it combines his passion for golf and his love of New York.

Persons: Tiger Woods, Rory McIlroy's, Steve Cohen, Eli Manning, Derek Jeter, Michael Strahan, John McEnroe, Jimmy Fallon, Cohen, Rickie Fowler, Xander Schauffele, Matt Fitzpatrick, Cameron Young, Manning, TGL, Woods, McIlroy, Mike McCarley, Stephen Curry, Shaquille O'Neal, Kevin Durant, Shohei Ohtani, Mike Trout, Josh Allen, Serena Williams, Lewis Hamilton, Jeter, NYGC Organizations: Big Apple, Cohen Private Ventures, New, FedEx, Major League Baseball's New York Mets, New York Golf, CNBC, Former New York Giants, Golf Channel, PGA Tour, ESPN, National Basketball Association, MLB, National Football League, Former New York Yankees Locations: York, Palm Beach , Florida, TGL, New York, New

☆ Baidu posts 3% drop in third-quarter revenues, beating market expectations
▼ + stars: | 2024-11-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth. Baidu noted a 12% surge in its non-online marketing revenue to the equivalent of $1.1 billion, mainly driven by its artificial intelligence cloud business. Beijing-based Baidu operates one of the major web browser search engines in China, along with a frequently used maps app. Baidu has promoted its Ernie chatbot as a local alternative to OpenAI's ChatGPT, which isn't available in China. "AI Cloud continued to show healthy and sustainable development in the third quarter," he said in the earnings release.

Persons: Robin Li, Ernie, Baidu, Ernie chatbot, Li, Baidu hasn't, Rong Luo, Apollo Organizations: Baidu, CNBC Locations: BEIJING, U.S, Beijing, China

☆ DOJ asks judge to force Google to sell Chrome as remedy in landmark antitrust case
▼ + stars: | 2024-11-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case. The DOJ wants Judge Mehta to force Google to sell its Chrome browser. Officials from the Department of Justice, in a Wednesday filing, urged District Judge Amit Mehta to force Google to sell its Chrome browser. AdvertisementMehta will consider the DOJ's proposal before he makes a final ruling regarding remedies in this case. "But if Google is able to control the company that buys Chrome, the impact of selling the business would be minimal.

Persons: Amit Mehta, Judge Mehta, Mehta, Lee, Anne Mulholland, Eric Chaffee, it's, Peter Cohan, Neil Chilson, Chilson, Joe Biden's, Donald Trump, Trump, Biden, Cohan, Chafee Organizations: Google, DOJ, Department of Justice, Apple, Business, Bloomberg, Case Western Reserve University, Babson College, FTC, Chrome, Case

☆ Lux Capital VC reveals what she looks for in an AI company
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLux Capital VC reveals what she looks for in an AI companyCNBC's Arjun Kharpal asks Grace Isford, partner at Lux Capital, about Big Tech, open vs. closed-source applications and what's next in the world of AI.

Persons: CNBC's Arjun Kharpal, Grace Isford Organizations: Lux, Lux Capital, Big Tech

☆ Dell pays $2.3 million to settle claims that it overcharged the US Army for computers
▼ + stars: | 2024-11-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

AdvertisementDell has agreed to pay $2.3 million to settle claims that it violated the False Claims Act. Dell and reseller Iron Bow overcharged the US Army for computers over four years, the DOJ said. Dell has agreed to pay $2.3 million to resolve allegations it violated the False Claims Act in its business with the US Army. Iron Bow has agreed to pay just over $2 million to settle the claims, bringing the combined settlement to $4.3 million. Iron Bow did not respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Dell, Bow, Brent Lillard, Brandon Bell, Brian M, Boynton, Prim, Escalona, Donald Trump, Elon Musk, Vivek Ramaswamy, Ramaswamy Organizations: Dell, US Army, DOJ, The, Justice, Army, Army Desktop, Mobile Computing, Government, Justice Department's Civil, Northern, Northern District of, Elon, " Department of Government, Business Locations: Texas, Bow, United States, Northern District, Northern District of Alabama

☆ The DOJ wants Google to sell its Chrome browser. Here are the winners and losers if that happens.
▼ + stars: | 2024-11-21 | by ( Hugh Langley | Lara O'Reilly | ) www.businessinsider.com time to read: +8 min

The Justice Department on Wednesday asked the judge in its antitrust case against Google to force the company to sell its Chrome browser. "Advertisers would find competitors for their business, rather than needing to pay a dominant search engine." When you open Chrome and type something into the search bar at the top, these words are automatically transformed into a Google Search. And when there's an option for users, Google pays partners billions of dollars to set its search engine as the default. For instance, if most people click on the third result, Google's Search engine will likely adjust and rank that result higher in the future.

Persons: Mehta's, John Kwoka, Judge Mehta, Bing, There's, Bill Gurley, Sridhar Ramaswamy, Neeva, Ramaswamy, Teiffyon Parry, Equativ, Parry, Ben Thompson, John Gruber, Lee, Anne Mulholland Organizations: DOJ, Google, Department, Wednesday, Northeastern University, Chrome, Lens, Google's, Gmail, YouTube, Bloomberg

☆ 'Belief in the future can sometimes outstrip reality': VC Eric Liaw talks AI
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Belief in the future can sometimes outstrip reality': VC Eric Liaw talks AIEric Liaw, general partner at venture capital firm IVP, discusses investing in tech right now with CNBC's Arjun Kharpal at Slush in Helsinki, Finland.

Persons: Eric Liaw, CNBC's Arjun Locations: IVP, Helsinki, Finland

☆ HSBC names 3 'underappreciated' Asian stocks to watch in 2025 — giving one 63% upside potential
▼ + stars: | 2024-11-21 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Meituan HSBC is bullish on Meituan and has a target price of 220 Hong Kong dollars ($28.30) on the stock, giving it 25.8% upside potential. "Despite the macro challenges, Meituan's growth profile remains resilient," said Charlene Liu, HSBC Global Research's head of internet and gaming research for Asia-Pacific. Calling it a "best-in-class small-cap" idea, HSBC Global Research's India health-care analyst Damayanti Kerai believes it is "well positioned to sustain healthy growth." Kia's shares have been on an uptrend, gaining around 8% in the last five days. HSBC has a target price of 160,000 Korean Won ($114.80) on the stock, implying nearly 63.1% upside potential.

Persons: Charlene Liu, Liu, Damayanti Kerai, Kerai, Will Cho, Cho, — CNBC's Michael Bloom Organizations: HSBC, Hong, HSBC Global Research's, Morningstar, Hong Kong Exchange, Krishna, Medical Sciences, Bombay Stock Exchanges, Kia, Korea Exchange, Won Locations: Asia, Hong Kong, U.S, HSBC Global Research's India, Korean, HSBC Global Research's Korea, EU

☆ Here's what analysts are saying about Nvidia earnings
▼ + stars: | 2024-11-21 | by ( Meghan Morris | Chris Johnston | ) www.businessinsider.com time to read: +4 min

CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. Nvidia delivered another strong set of quarterly results on Wednesday, sparking positive initial reactions among the company's analysts. Nvidia observers were keeping a close eye on any mention of Blackwell chips, the popular next-generation chips in high demand. Nvidia will deliver more Blackwell chips this quarter than previously estimated, Huang said, and demand exceeds supply as expected. AdvertisementHSBC analysts wrote in a note that they expect "significant" earnings upside for the 2026 financial year despite gross margin pressure.

Persons: Jensen Huang, Blackwell, Trump, aren't, Robert Lea, Huang, Dan Ives, AI Jensen, Konstantin Oldenburger, Stephen Yiu Organizations: Nvidia, Bloomberg Intelligence, Wedbush Global Tech Team, CMC Markets, Deutsche Bank, HSBC, Bloomberg Locations: Asia

☆ Nvidia shares slump 3% in premarket as quarterly revenue growth slows
▼ + stars: | 2024-11-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

POLAND - 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant's third-quarter earnings failed to impress investors. ET, following the Wednesday release of Nvidia's quarterly results, which beat on both the top and bottom lines. Other chipmakers fell on the back of the market reaction to Nvidia's third-quarter results. The slump in Nvidia also had a knock-on effect on European semiconductor firms.

Persons: Piotr Swat, chipmakers Organizations: NVIDIA, Getty, Nvidia, Revenue, Intel, Qualcomm, Micron Technology, AMD, BE Semiconductor, STMicroelectronics, Infineon Locations: POLAND, U.S, Dutch, Asia

☆ Asia markets mostly poised to fall as investors assess Nvidia results, Adani charges
▼ + stars: | 2024-11-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are mostly set to fall on Thursday, with investors watching tech shares in the region after chipmaker Nvidia reported better-than-expected results. Nvidia reported a 94% year-on-year surge in revenue for the third quarter to $35.08 billion. However, that is still a consecutive slowdown from the previous three quarters, when sales rose 122%, 262%, and 265%, respectively. Net income during the quarter rose to $19.3 billion, versus $9.24 billion in the same period a year ago. All eyes are on Indian stocks related to billionaire Gautam Adani, after the chair of India's Adani Group was indicted with others in New York federal court on charges related to a massive bribery and fraud scheme.

Persons: Gautam Adani, India's Organizations: Nvidia Locations: Asia, Pacific, New York

☆ AI systems could 'turn against humans': Tech pioneer Yoshua Bengio warns of artificial intelligence risks
▼ + stars: | 2024-11-21 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Professor Yoshua Bengio, at the One Young World Summit in Montreal, Canada, on Friday, Sept. 20, 2024Famed computer scientist Yoshua Bengio — an artificial intelligence pioneer — has warned of the nascent technology's potential negative effects on society and called for more research to mitigate its risks. Machines could soon have most of the cognitive abilities of humans, he said — artificial general intelligence (AGI) is a type of AI technology that aims to equal or better human intellect. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsSuch outcomes are possible within decades, he said. There are arguments to suggest that the way AI machines are currently being trained "would lead to systems that turn against humans," Bengio said. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsCompanies developing AI must also be liable for their actions, according to the computer scientist.

Persons: Yoshua Bengio, —, Bengio, CNBC's Tania Bryer, That's, we're, OpenAIhas, It’s, Yoshua, — that's, OpenAI Organizations: Young, Summit, University of Montreal, Montreal Institute, Machines, Intelligence, CNBC, Learning Locations: Montreal, Canada, AGI, U.S, Rwanda, Swiss

☆ Musk and Ramaswamy float ending remote work for federal employees and ‘large-scale firings’
▼ + stars: | 2024-11-20 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy on Wednesday floated ending remote work for federal workers, calling the practice a “privilege” left over from the pandemic. “Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome: If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home,” the two men wrote. The future of remote work for office-based employees is hotly debated. Some unionized federal workers have criticized Musk and Ramaswamy, saying they don’t know what they’re doing. Erwin said the two tech figures “make absurd claims about government waste and bash dedicated federal employees.” His union says it represents 110,000 federal employees.

Persons: Elon Musk, Vivek Ramaswamy, ”, Biden, Ramaswamy, Donald Trump, Musk, Randy Erwin, Erwin Organizations: Trump, Street, Management, of Government, SpaceX, CNBC, Tesla, National Federation of Federal Employees Locations: Washington

Black Friday is still a few weeks away, but early Black Friday Best Buy deals are already here, with notable deals on TVs, laptops, headphones and more. I frequently cover shopping events as a tech reporter for NBC Select, and I’ve been combing through discounts to find the best early Black Friday Best Buy deals actually worth shopping. SKIP AHEAD Best early Black Friday Best Buy deals | How I found the best early Black Friday Best Buy deals | Why trust NBC Select? How I found the best early Black Friday Best Buy dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting. For this piece, I researched early Black Friday deals across Best Buy to find notable products across categories like home, audio, TVs and gaming.

Persons: Belkin, Zoe Malin’s, It’s, Smart, Mario, TikTok Organizations: Retailers, Walmart, Home, NBC, Echo, Gaming, Nintendo, Mario Kart, Travel, Giftable Tech, Facebook, Twitter

In just a few months, the world will have its first digital saint. Pope Francis on Wednesday announced April plans to canonize a teenage web designer who documented miracles online and used his tech skills to maintain web sites for local Catholic organizations. Acutis, who was born to Italian parents in London, was a web designer who died of leukemia in Italy in 2006 at the age of 15. The church has attributed two miracles to the teen informally known as “God’s influencer.”In May, the pope attributed a second miracle to the teen, who is set to become the church’s youngest contemporary saint. The move came four years after he was beatified in 2020 after one miracle was attributed to him.

Persons: Pope Francis, Carlo Acutis, ”, canonize, Giorgio Frassati Organizations: Wednesday, Adolescents, Vatican News, Roman Catholic Church Locations: Italy, London, Italian

Black Friday is almost here, and Target is already offering deals on apparel, holiday decor, tech and more that you can shop right now. As an associate reporter for NBC Select, I frequently cover Target deals and sales year round. SKIP AHEAD Best early Black Friday Target deals | More early Black Friday Target sales |Why trust NBC Select? Best early Black Friday Target deals4.8-star average rating from 3,285 reviews at TargetThis Apple iPad is our pick for the best overall tablet due to its functionality and price. Best early Black Friday Target salesHere are the best early Black Friday Target sales to know about.

Persons: ”, Harry Rabinowitz, terry, Rabinowitz, TikTok Organizations: Target, NBC, Garmin, Facebook, Twitter Locations: woofers

☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ Meet the Singapore-based tech startup aiming to democratize pregnancy care
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: +1 min

According to the World Health Organization, maternal deaths dropped by about 34% between 2000 and 2020. Singaporean medical technology startup Biorithm hopes to help solve this problem through mobile technology and data science. "Women's health care has not been innovated in decades, and it's not addressed the needs of the modern woman," said Amrish Nair, Biorithm's co-founder and chief technology officer. "Understanding this is how we can deliver healthcare to the mother at a point of convenience," Nair told CNBC Tech: The Edge. Founded by doctors and engineers, the company has developed a maternity care platform called Femom, which allows clinicians to deliver care to mother and baby, anytime, anywhere.

Persons: it's, Amrish Nair, Biorithm's, Nair Organizations: World Health Organization, CNBC Tech

☆ 49-year-old started his business 'to make $5,000 a month to survive, pay my mortgage'—he sold it for $100 million
▼ + stars: | 2024-11-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When Tomas Gorny started a tech business in 2001, he wasn't thinking about becoming a billionaire someday. Gorny started a business called Ipower, which sold software that helped people build their own websites. Six years later, he sold Ipower to web hosting company Endurance International for a reported $100 million. Perhaps ironically, Gorny says the more modest goal helped helped him grow his company's bottom line far more effectively. Once he released his more developed products, Ipower started adding hundreds of new customers per day, he says.

Persons: Tomas Gorny, Nextiva, who'd, he'd, Gorny, —, Interliant, Ipower Organizations: Endurance, Internet Communications, Endurance International, Google, Microsoft Locations: Scottsdale , Arizona, Polish, U.S

Search resuls for: "" Tech"

25 mentions found