In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | CNBC Cisco shares were down as much as 13% in extended trading on Wednesday after the networking hardware maker issued a
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In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A custom-built rack for the Maia 100 AI Accelerator and its “sidekick” inside a thermal chamber at a Microsoft lab in Redmond, Washington. The sidekick acts like a car radiator, cycling liquid to and from the rack to cool the chips as they handle the
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images SINGAPORE — Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Airbnb has made its first acquisition as a public company, in a deal valued at just under $200 million, sources familiar with the deal told CNBC. The startup is called Gameplanner.AI, which has been in “stealth mode” since its founding in 2020. Startups in stealth
Hiroki Takeuchi, GoCardless chief executive, on the MoneyConf Stage, attends Web Summit 2021 in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it looks to grow market share in the highly competitive online payments space.
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, president of Nvidia, holding the Grace hopper superchip CPU used for generative AI at the Supermicro keynote presentation during Computex 2023. Walid Berrazeg | Lightrocket | Getty Images Nvidia on Monday unveiled the H200, a graphics processing unit designed for training and deploying
SpaceX and Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan forum on artificial intelligence at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-Reynolds | AFP | Getty Images SpaceX employees have put their lives on the line to meet the aggressive pace of work that Chief Executive Elon Musk
In this article ETL-FR TMUS AMZN VSAT Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s SpaceX is known for its frequent launches, which now dominate the space industry. But the satellites that the rockets send to space are just as important for the company as the launches. Starlink is SpaceX’s answer to providing global, high-speed internet
Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Images The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told CNBC’s Dan Murphy at the company’s Ripple
In this article TWOU Follow your favorite stocksCREATE FREE ACCOUNT Shares of online education company 2U plummeted about 60% Friday, falling below $1, after a problematic forecast and indications that some universities are terminating their contracts. 2U, which helps companies offer digital programs to students, posted a net loss of $47.4 million for the third
Prenuvo MRI machine Courtesy of Prenuvo While celebrating the July Fourth holiday last year on a boat in Tyler, Texas, Dr. Julianne Santarosa received the results from her full-body MRI scan. What she saw put a damper on the festivities. Radiologists at Prenuvo, which performed the scan, had identified a nodule in her lungs. Santarosa,
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys. Industrial and Commercial Bank of China, the world’s largest lender
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. OpenAI CEO Sam Altman delivered the keynote address at the first ever Open AI DevDay conference. Justin Sullivan | Getty Images Microsoft has invested billions of dollars
OpenAI CEO Sam Altman speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. Justin Sullivan | Getty Images ChatGPT, OpenAI’s viral chatbot, is experiencing outages caused by a targeted attack, according to an OpenAI spokesperson. As of Thursday, users were still receiving some error messages. More than 92% of Fortune
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation. Tomohiro Ohsumi | Getty Images SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss. SoftBank’s flagship tech investment arm had a rough time in the fiscal year that ended in March this
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon beefs up Prime membership with discount to One Medical Amazon Amazon is beefing up its mainstay Prime subscription program with a new benefit that gives members access to discounted One Medical memberships. The company announced Wednesday that Prime members will be able to sign
Workers stand outside the Google offices after walking out as part of a global protest over workplace issues, in London, Britain, November 1, 2018. Toby Melville | Reuters A group of Google contractors, some of whom have worked on search and Google’s AI chatbot Bard, have successfully voted to unionize. The group, from Google contractor
In this article DDOG Follow your favorite stocksCREATE FREE ACCOUNT Olivier Pomel, co-founder and CEO of Datadog, speaks at the company’s Dash conference in San Francisco on Aug. 3, 2023. Datadog Shares of cloud monitoring software firm Datadog surged nearly 30% in Tuesday trading after the company reported stronger-than-expected third-quarter earnings and full-year guidance. The
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT This Cruise in San Francisco seemingly could not figure out how to pull aside on a narrow street to let a buss pass. Matt Rosoff, CNBC Cruise CEO and founder Kyle Vogt posted comments on Hacker News on Sunday responding to allegations that his company’s
In this article BMBL Follow your favorite stocksCREATE FREE ACCOUNT DANA POINT, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Jerod Harris |
A Chinese flag flies outside a residential compound in Beijing on April 30, 2017. Greg Baker | Afp | Getty Images Chinese companies have gained ground in global patent holdings in the cybersecurity technology sector amid growing U.S.-China tensions, according to a report from Nikkei Asia on Sunday. Chinese firms such as Huawei and Tencent accounted
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Meet Grok, the first technology out of Elon Musk’s new AI company, xAI. Grok, the company said, is modeled on “The Hitchhiker’s Guide to the Galaxy.” It
Sam Bankman-Fried stands as forewoman reads the verdict to the court. Artist: Elizabeth Williams Just before 8 p.m. on Thursday, 12 jurors found Sam Bankman-Fried guilty of all seven counts against him. You could have heard a pin drop in the courtroom as the forewoman repeated the word “guilty” seven times in a row into
A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question of how long he’ll remain in prison, however, is one that Judge Lewis Kaplan will spend the next few months deliberating by himself. The no-nonsense 78-year-old judge is a veteran of the Southern District of
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
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%
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