Photo illustration of TikTok app logo on a smartphone screen displayed with the American flag. Nurphoto | Nurphoto | Getty Images Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the
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The logo of TP-Link appears on the products of router manufacturer TP-Link in Fuyang, China, on December 19, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images While the TikTok ban has lawmakers scurrying and chatter about Chinese influence over U.S. tech at a fever pitch, another danger is lurking. One
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Alphabet shares closed at $200 per share for the first time on Friday as investors grow increasingly bullish on the company’s opportunities in artificial intelligence. The stock gained 1.1% on Friday and
In this article TWLO Follow your favorite stocksCREATE FREE ACCOUNT Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor
Thilina Kaluthotage | Nurphoto | Getty Images Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday. The experiment marks Meta’s first run at generating revenue from Threads. Meta launched the app in July 2023 to rival X,
In this article META GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A little-known AI lab out of China has ignited panic throughout Silicon Valley after releasing AI models that can outperform America’s best despite being built more cheaply and with less-powerful chips. DeepSeek, as the lab is called, unveiled a free, open-source large-language model in
In this article TWLO Follow your favorite stocksCREATE FREE ACCOUNT Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Cloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years. The company sees its adjusted operating margin widening to between
Omar Marques | Lightrocket | Getty Images LONDON — Britain’s competition regulator on Thursday launched an investigation into Apple and Google’s huge mobile ecosystems to determine whether the tech titans are in breach of the U.K.’s strict new digital competition rules. The U.K. Competition and Markets Authority said it was opening dual probes into both
In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor. As the company that trains the popular Llama open-source large language models, or LLMs, that Databricks builds on, Meta plays an important role
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT US President Donald Trump, from left, Larry Ellison, co-founder and executive chairman of Oracle Corp., Junichi Miyakawa, chief executive officer of SoftBank Corp., and Sam Altman, chief executive officer of OpenAI Inc., in the Roosevelt Room of the White House in Washington, DC, US, on
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Think about the apps you use on your phone every day. Studies have shown Americans use an average of 46 mobile apps each month to complete a variety of everyday tasks. Now imagine if you could combine all of those programs into a single, standalone
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump. On Monday the flagship cryptocurrency was last higher by
Dado Ruvic | Reuters TikTok was available to some U.S. users on Sunday after President-elect Donald Trump said that he would sign an executive order on Monday following his inauguration to delay a federal ban of the app. In a statement on X, the company wrote that it would bring back access to its American
In this article TSM 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT TSMC Arizona’s first chip fab on November 7, 2024 Katie Tarasov U.S. President-elect Donald Trump has accused Taiwan of “stealing” his country’s chip industry. But Taiwan’s biggest chip company is confident the Trump administration will continue funding its projects in the U.S. Taiwan Semiconductor
An aerial view of repair vehicles at sunset passing near beachfront homes that burned in the Palisades Fire as wildfires cause damage and loss through the LA region on January 15, 2025 in Malibu, California. Mario Tama | Getty Images Midway through December, tech entrepreneur Dan Preston debuted insurance startup Stand’s first product focused on
Jakub Porzycki | Nurphoto | Getty Images Perplexity AI officially made a play for TikTok on Saturday, submitting a bid to its parent company, ByteDance, to allow Perplexity to merge with TikTok U.S. and create a new entity combining Perplexity, TikTok U.S. and New Capital Partners, CNBC has learned. The new structure would allow for
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images San Francisco,
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images U.S. Senators on Friday expressed concern to OpenAI CEO Sam Altman that he’s attempting to “cozy up to the incoming Trump administration” with
George Zhao, Chief Executive Officer of Chinese consumer electronics brand Honor, smiles as he shows the new Honor Magic 6 Pro smartphones during a presentation on the eve of the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 25, 2024. Pau Barrena | Afp | Getty Images George Zhao,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware. ( Justin Sullivan | Getty Images Apple has
The Freetrade application on a smartphone and desktop PC. Freetrade LONDON — Freetrade, a British rival to popular stock trading app Robinhood, said Thursday that it’s been acquired by online investing platform IG Group. The deal values Freetrade at £160 million ($195 million) — a 29% discount to its last valuation. The startup said that
David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco
Dado Ruvic | Reuters Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban. Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social
Beata Zawrzel | Nurphoto | Getty Images The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose his ownership in Twitter and buying shares at “artificially low prices.” Musk, who is also CEO of Tesla and SpaceX, purchased Twitter for $44 billion, later
Anadolu | Anadolu | Getty Images LONDON — Britain’s competition watchdog on Tuesday said that it’s opening a formal antitrust investigation into Google’s search and search advertising services. The Competition and Markets Authority said that it’s looking to assess whether Google has “strategic market status” (SMS) under the new U.K. Digital Markets, Competition and Consumers
In this article ANGI IAC Follow your favorite stocksCREATE FREE ACCOUNT Joey Levin, CEO of IAC. Anjali Sundaram | CNBC Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to close in the second quarter of
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters With the levers of power in Washington, D.C., about to change hands, a raft of pro-crypto legislation is expected from Congress and the Trump administration. To date, there’s been
Britain’s Prime Minister Keir Starmer gives a media interview while attending the 79th United Nations General Assembly at the United Nations Headquarters in New York, U.S. September 25, 2024. Leon Neal | Via Reuters LONDON — The U.K is looking to build a homegrown challenger to OpenAI and drastically increase national computing infrastructure, as Prime
In this article META AAPL Follow your favorite stocksCREATE FREE ACCOUNT Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg slammed rival tech giant Apple for lackluster innovation efforts and “random rules” in a lengthy
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Mark Zuckerberg’s announcement this week that Meta would pivot its moderation policies to allow more “free expression” was widely viewed as the company’s latest effort to appease President-elect Donald Trump. More than any of its Silicon Valley peers,
In this article QCOM GLW AAPL Follow your favorite stocksCREATE FREE ACCOUNT Jaap Arriens | Nurphoto | Getty Images Apple is losing market share in China due to declining iPhone shipments, supply chain analyst Ming-Chi Kuo wrote in a report on Friday. The stock slid 2.4%. “Apple has adopted a cautious stance when discussing 2025
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A person walks by The Spheres at the Amazon.com Inc. headquarters on November 14, 2022 in Seattle, Washington. David Ryder | Getty Images News | Getty Images Amazon is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that
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