U.S. software companies have stepped up their stock buyback plans during a months-long rout. Investors and strategists are skeptical that ​it will stem the selling.

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Technology Roundup

Technology Roundup

 

Buyback plans aren't enough to soothe investors after software-sector rout 

 

Apple launches new MacBooks with M5 chips, bigger base storage 

 

Activist investor Elliott boosts stake in Pinterest by $1 billion 

 

Amazon launches 15 minute grocery delivery in 'priority' market Brazil 

 

Nvidia-backed Ayar Labs raises $500 million at $3.75 billion valuation 

 

Diagnostics startup Droplet Biosciences partners with Nvidia to speed cancer test results 

 

Stablecoin use could weaken ECB's hand, hamper lenders, ECB paper finds 

 

State Department switches to OpenAI as US agencies start phasing out Anthropic 

 

Amazon data center unit acquires George Washington University Virginia campus 

 

OpenAI amending deal with Pentagon, CEO Altman says 

 

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