In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Emma McIntyre | Getty Images Entertainment | Getty Images Jeff Bezos, who founded Amazon out of his Seattle garage in 1994, is leaving the city and moving to Miami to be near his parents and his space company Blue Origin. Bezos announced the decision in
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In this article 9866-HK NIO Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric carmaker Nio plans to cut 10% of its workforce amid “fierce competition,” CEO William
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The former FTX CEO faces a maximum sentence of 115 years in prison. Bankman-Fried, the 31-year old son of two Stanford legal scholars and graduate of Massachusetts Institute of Technology, was convicted of wire fraud and conspiracy to commit wire fraud
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Images Amazon flooded its search results with irrelevant “defect” ads at the direction of Founder Jeff Bezos, pumping
In this article SEDG Follow your favorite stocksCREATE FREE ACCOUNT The SolarEdge logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Sipa USA via AP Images Shares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand struggles
In this article INTC NVDA AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), speaks during a launch event in San Francisco, California, U.S., on Wednesday, Aug. 7, 2019. David Paul Morris | Bloomberg | Getty Images AMD stock spiked more than 8% Wednesday,
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images AMD reported third-quarter earnings on Tuesday that beat analyst expectations, though the
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty Images Sam Bankman-Fried, who pleaded not guilty to criminal fraud charges tied to the collapse of his crypto empire, has one last chance to get a
general view of visitors are seen at Samsung booth during the chinajoy 2023 at Shanghai new expo center in Shanghai, China on July 28, 2023 (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images South Korea’s Samsung Electronics reported Tuesday quarterly operating profit that was better than expected despite dropping 77.6%
President Joe Biden speaks as he meets with AI experts and researchers at the Fairmont Hotel in San Francisco, Calif., on Tuesday, June 20, 2023. Jane Tyska | Medianews Group | Getty Images President Joe Biden unveiled a new executive order on artificial intelligence — the U.S. government’s first action of its kind — requiring
Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is launching its services in Hong Kong, the company told CNBC exclusively. It marks the latest push for the U.K.-headquartered firm into the Asia-Pacific region. Founded in 2020,
Members of Gen Z take .5 selfies. Courtesy of Duncan Grant, Rebecca Smith, Rachel Aquino and Gabriel Lesser. When 16-year-old Riley Galfi met an artist she loves at a concert back in May, she didn’t ask to take any ordinary selfie with him, she asked to take a .5 selfie. In a flash, Galfi flipped
In this article MSFT GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT In this illustration, a Google logo is displayed on a smartphone. Omar Marques | SOPA Images | Lightrocket | Getty Images If you Google your name, address or phone number, you might be surprised by the number of results you see with your
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Google agreed to invest up to $2 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI executives, CNBC has confirmed. The commitment involves a $500 million upfront cash infusion and an additional $1.5 billion to be invested
In this article AAPL GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai (L) and Apple CEO Tim Cook (R) listen as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. initial public offering at the Nasdaq MarketSite in New York, Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Intel stock jumped 10% in premarket trading on Friday morning after the company beat Wall
A poster of a Mate 60 mobile phone with satellite capabilities at Huawei’s flagship store in Shanghai, China, on Sept. 24, 2023. CFOTO | Future Publishing | Getty Images Huawei was the fastest-growing smartphone maker in China in the third quarter after the company released a smartphone with a surprisingly advanced chip inside. That growth
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Shares of Meta dipped more than 6% Thursday, a day after the company released strong third-quarter results but offered cautious comments about potential ad softness due to the ongoing Israel-Hamas war. Meta reported $34.15 billion in revenue for the quarter, up 23%, and the fastest
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Meta is set to report third-quarter earnings after the bell Wednesday. Here are the
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. Amanda Perobelli | Reuters FTX founder Sam Bankman-Fried will take the stand to testify in his own defense, his attorney said in a
In this article GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A woman passes the Google logo during the digital society festival re:publica at the Arena Berlin in Berlin, Germany, on June 9, 2022. Annegret Hilse | Reuters You can remove your phone, email and home address from the Google Search that appears when you
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Commission. He also said the cryptocurrency exchange is looking to invest more outside of the U.S. Carlos Jasso | Bloomberg | Getty Images Shares of cryptocurrency exchange Coinbase surged about 14% Tuesday morning as
“We call today’s children ‘Generation AI’ because they are surrounded by AI almost everywhere they go, and AI models make decisions that determine the videos they watch online, their curriculum in school, the social assistance their families receive, and more,” Seth Bergeson, fellow at the World Economic Forum who led their “AI for Children” project,
In this article AMZN MSFT GOOG AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook takes a dip in the crowd after the presentation of the new iPhone 15. Christoph Dernbach | Picture Alliance | Getty Images Apple is on track to spend $1 billion per year on developing its generative artificial intelligence
Tristan Fewings | Getty Images Paddy Cosgrave, the CEO and co-founder of annual tech conference Web Summit, has resigned from his post after coming under fire for his comments on the Israel-Hamas war, leading Big Tech guests like Alphabet, Meta and Amazon to cancel their attendance. “Unfortunately, my personal comments have become a distraction from
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple NameDrop in iOS 17. Apple The next time you are at a networking event or dinner party, you can exchange phone numbers with a new colleague or friend just by holding your iPhones near each other. The feature, known as NameDrop, became available when
Drew Houston, Dropbox Co-Founder and CEO. Arun Nevader | CNBC Dropbox said Friday that it’s agreed to return over one quarter of its San Francisco headquarters to the landlord as the commercial real estate market continues to soften following the Covid pandemic. In a filing, Dropbox said it agreed to surrender to its landlord 165,244
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, chief executive officer of SpaceX and Tesla, and owner of X. formerly known as Twitter. Gonzalo Fuentes | Reuters Tesla shares dropped more than 15% over the last few days to close the week at $211.99 after CEO Elon Musk waxed pessimistic about
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. Amanda Perobelli | Reuters Prosecutors in the criminal trial against FTX founder Sam Bankman-Fried compared one of the defense’s arguments to a scene
In this article GOOG MSFT Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images You can save time by summarizing long PDFs for free with Anthropic’s Claude AI chatbot. So, the next time someone sends you a 100-page document that you don’t have hours to read, you can just follow this
Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Artist: Claudia Johnson Much of the government’s case against Sam Bankman-Fried hinges on the testimony and text messages from those in his crypto inner circle who turned against him late last year after the implosion of FTX and
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla, speaks with CNBC on May 16, 2023. David A. Grogan | CNBC Tesla is set to report third-quarter results after the bell on Wednesday. Here’s what Wall Street is expecting, based on a survey of analysts by LSEG, formerly known
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google headquarters in Mountain View, California, on Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut dozens of jobs in its news division this week, CNBC has learned, downsizing at a particularly sensitive time for online platforms and publishers. An estimated 40
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