---
title: 2024-11-14-technology
created: 2024-11-14
updated: 2024-11-14
type: summary
tags: [[]]
external: http://go/ui/posts/31/
status: inbox
---

## Tech news

- [Shopify Stock Skyrockets 21% on Revenue Beat, Rosy Holiday Forecast](https://www.cnbc.com/2024/11/12/shopify-stock-skyrockets-25percent-on-revenue-beat-rosy-holiday-forecast.html) 
Shopify exceeded analysts' revenue expectations for the third quarter, with executives stating they attracted a growing number of large customers.
- [Bitcoin Resumes Its Climb, Briefly Touching $90,000 in Late Afternoon Trading](https://www.cnbc.com/2024/11/11/crypto-market-action-today.html)
Bitcoin surpassed the $90,000 mark in late afternoon trading on Tuesday.
- [Spotify Shares Pop on Better-Than-Expected Profit Forecast](https://www.cnbc.com/2024/11/12/spotify-shares-pop-on-better-than-expected-profit-forecast.html)
Spotify's shares rose in after-hours trading as investors focused on the company's optimistic profit forecast over its third-quarter results. 
- [Japan is Ramping Up Efforts to Revive its Once Dominant Chip Industry](https://www.cnbc.com/2024/11/13/japan-is-ramping-up-efforts-to-revive-its-once-dominant-chip-industry-.html) 
Japan has announced its latest plan to reinvigorate its chip and AI industries to regain its leading position in semiconductor technology.
- [Startup CEO Says Humans Won't Be Needed for Translation in 3 Years as It Launches AI App](https://www.cnbc.com/2024/11/13/unbabel-launches-ai-translation-app-looks-for-fresh-funding.html) 
Unbabel launched an AI-powered translation service, adding another contender in the increasingly competitive field.
- [Dogecoin Spikes After Trump Announces a Department of Government Efficiency — DOGE](https://www.cnbc.com/2024/11/13/dogecoin-surges-20percent-after-trump-announces-a-department-of-government-efficiency-doge.html) 
Dogecoin surged on Tuesday night following President-elect Donald Trump's announcement of the Department of Government Efficiency.
- [Tencent Posts Better-Than-Expected 47% Profit Surge as Games, AI Tools Shine](https://www.cnbc.com/2024/11/13/tencent-q3-2024-earnings.html)
Chinese gaming and social media giant Tencent reported exceeding analysts' profit expectations, while revenue slightly missed.
- [Advanced Micro Devices to Cut Global Headcount by 4%](https://www.wsj.com/articles/advanced-micro-devices-to-cut-global-headcount-by-4-9246d4ef?mod=rss_Technology)
AMD announced layoffs affecting about 1,040 employees, a part of a shift in the company's broader business strategy.
