Jasper Art’s Immersive installation at the Gen AI Conference in San Francisco courtesy of Jasper The tech industry may seem like it’s in a lull, plagued by widespread layoffs at major tech companies and a down economy, but that air of doom wasn’t apparent at a gathering of techies and investors in San Francisco on
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In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Yusuf Mehdi, Microsoft Corporate Vice President of Modern Life, Search, and Devices speaks during an event introducing a new AI-powered Microsoft Bing and Edge at Microsoft in Redmond, Washington on February 7, 2023. Jason Redmond | AFP | Getty Images Since Microsoft showcased an early
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla is voluntarily recalling 362,758 vehicles equipped with the company’s experimental driver-assistance software, which is marketed as Full Self-Driving Beta or FSD Beta, in the US, according to a recall notice out Thursday. Tesla will deliver an over-the-air software update to cars to address the
In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. The CEO Summit entered its second day of events with a formal signing for
The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. Bankman-Fried was released on $250 million recognizance bond in December after he was indicted on criminal fraud charges. In all, there were four guarantors, including
In this article ASML-NL Follow your favorite stocksCREATE FREE ACCOUNT Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP |
Christine Wilson, nominee to serve on the Federal Trade Commission, testifies during a Senate Commerce, Science, and Transportation Committee confirmation hearing in Hart Building on February 14, 2018. Tom Williams | Cq-roll Call, Inc. | Getty Images Christine Wilson, the sole remaining Republican on the Federal Trade Commission, announced Tuesday she plans to resign, citing
In this article BTC.CM= BUSD.CM= Follow your favorite stocksCREATE FREE ACCOUNT Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images Digital currency markets are on edge after a flurry of aggressive regulatory actions from U.S. authorities over the past few days.
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT John Hennessy Adam Jeffery | CNBC Google‘s Bard announcement last week was meant to show that the company has similar technology as the popular ChatGPT chatbot, even though it still has ways to go before becoming product-ready, Alphabet Chairman John Hennessy said Monday. “I think
In this article PDD Follow your favorite stocksCREATE FREE ACCOUNT An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD Holdings Inc., ran a 30-second ad during the game titled “Shop Like A Billionaire,” highlighting its ambitions to crack the international e-commerce market. Jevone Moore
Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk’s brain-computer interface company Neuralink is being investigated by the U.S. Department of Transportation for allegedly packaging and transporting contaminated hardware in an unsafe manner, a DOT spokesperson confirmed to CNBC. In
In this article NOV.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Novartis manufacturing associate checking punches at compressing machine. Source: Novartis In 2010, a volcano erupted in Iceland. For Dr. Oliver Sartor, a cancer research professor at the Tulane University School of Medicine, it was a problem. Ash from the eruption disrupted flights across Europe —
In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Last year’s havoc in the cryptocurrencies space has allowed for a “flight to quality” among crypto investors, Mathew McDermott, Goldman Sachs’ global head of digital assets, said on CNBC’s “Crypto World” on Friday. “We do have a crypto trading desk at the firm,” he
In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google employees are criticizing leadership, most notably CEO Sundar Pichai, for the way the company handled the announcement this week of its ChatGPT competitor called Bard. Staffers took to the popular internal forum Memegen to express their thoughts on the Bard announcement, referring to
In this article AMZN META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images For Matthew Hassett’s smart alarm clock company Loftie, the 2022 holiday shopping
In this article 9618-HK Follow your favorite stocksCREATE FREE ACCOUNT JD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the chatbot technology. Qilai Shen | Bloomberg | Getty Images JD.com, one of China’s largest e-commerce players, said on Friday it plans to launch a ChatGPT-style
Dan Schulman, CEO of Paypal, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerard Miller | CNBC PayPal said on Thursday that CEO Dan Schulman will retire and leave the online payments company at the end of 2023. Schulman, who became PayPal CEO after the split
In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Affirm announced it’s cutting 19% of its workforce Wednesday. The news came as it reported second quarter earnings that fell below analyst estimates on both the top and bottom lines. Shares were down more than 17% after hours. related investing news Goldman Sachs likes Pinterest
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Shares of Google’s parent Alphabet closed down more than 7% on Wednesday after the company
ByteDance’s Douyin has been trialing a food delivery service since December as it looks to expand its business beyond advertising. Jakub Porzycki | Nurphoto | Getty Images ByteDance told CNBC on Wednesday that it has been testing a type of food delivery service in China via its short video app Douyin, potentially pitting itself against
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft plans to release software to help large companies create their own chatbots similar to ChatGPT later this year, CNBC has learned. In the two months since startup OpenAI released ChatGPT to the public, it has become a hit, impressing people with its ability to
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai told employees Monday the company is going to need all hands on deck to test Bard, its new ChatGPT rival. He also said Google will soon be enlisting help from partners to test an application programming interface, or API, that
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images Google on Monday announced an artificial intelligence chatbot technology called Bard that the company will begin rolling out in
Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on November 22, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter CEO Elon Musk said Sunday that the last few months have been “extremely tough,”
The exterior of “The Wormhole” factory. Relativity Space LONG BEACH, California – It was a few days into the new year yet Relativity Space’s factory was anything but quiet, a din of activity with massive 3D printers humming and the clanging of construction ringing out. Now about eight years on from its founding, Relativity continues
In this article AMZN MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images As growth in traditional tech equipment and software slowed to a trickle in recent years, cloud computing gobbled
In this article AMD AMZN META AAPL GOOGL .IXIC INTC Follow your favorite stocksCREATE FREE ACCOUNT Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index
In this article GOOG AAPL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andrew Ross Sorkin speaks with Amazon CEO Andy Jassy during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Shares of Amazon
In this article ATVI Follow your favorite stocksCREATE FREE ACCOUNT Bobby Kotick, CEO of Activision Blizzard, attends the Allen & Company Sun Valley Conference on July 8, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images Video game developer Activision Blizzard agreed to pay a $35 million settlement over charges
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4% after hours, erasing some of the 7.28% it gained in normal trading hours. Here’s how the numbers stacked up: Earnings
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook walks in the Paddock prior to the F1 Grand Prix of USA at Circuit of The Americas on October 23, 2022 in Austin, Texas. Jared C. Tilton | Getty Images Apple missed expectations for revenue, profit, and sales for many of its lines
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta shares popped in extended trading on Wednesday after the company reported fourth-quarter revenue that topped estimates and announced a $40 billion stock buyback. Here are the results. Earnings: $1.76 per share Revenue: $32.17 billion vs $31.53 billion expected, according to Refinitiv The company also reported
In this article SMSD-GB Follow your favorite stocksCREATE FREE ACCOUNT Samsung announced its flagship Galaxy S23 smartphone lineup on Wednesday. Samsung Samsung on Wednesday launched its latest lineup of flagship Galaxy smartphones, touting a better camera and enhanced gaming features as the South Korean tech giant tries to tempt people to upgrade amid weak macroeconomic
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