The tech industry refers to the sector of the economy that focuses on the development, manufacturing, and distribution of technology-based goods and services. This includes a wide range of activities related to electronics, software, hardware, telecommunications, and information technology. The tech industry encompasses companies that create computer software, hardware, consumer electronics, and IT services, as well as those involved in digital platforms, artificial intelligence, data analytics, and cybersecurity, among other areas. It is characterized by rapid innovation, high levels of investment and competition, and a strong emphasis on research and development. The industry plays a critical role in driving economic growth, transforming business operations, and influencing various aspects of daily life through advancements in technology.
SoundHound AI, Inc. is embroiled in a class-action lawsuit initiated by Pomerantz LLP, raising significant concerns for the company and its investors. The company's growth via acquisitions like SYNQ3 and…
Intel's stock rose by 4.86%, outperforming the S&P 500 despite challenges. The stock remains far from its 2000 high of $82.30. Intel faces significant issues in the data center and…