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2025-02-22 00:05:49 ·

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

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Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.

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2025-02-22 00:05:47 ·

Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million

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23andMe CEO Anne Wojcicki and New Mountain Capital have submitted a proposal to take the company private.

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2025-02-21 20:05:32 ·

Elon Musk has a problem with X's Community Notes when he disapproves of the results

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Elon Musk on Thursday claimed that X's Community Notes needs a "fix" because the service can allegedly be "gamed."

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2025-02-21 20:05:24 ·

Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems

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Tesla is voluntarily recalling 376,241vehicles in the U.S. to correct an issue with failing power-assisted steering systems.

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2025-02-21 18:06:54 ·

Block shares plunge 17%, head for worst day in 5 years after earnings miss

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Block was on pace for its worst day on the stock market since 2020 after the company reported an earnings miss.

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2025-02-21 18:06:51 ·

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage

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Shares of Hims & Hers tumble 21% after FDA says semaglutide is no longer in shortage

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2025-02-21 14:10:50 ·

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

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DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.

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2025-02-21 12:11:47 ·

Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante

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Executives at Google and Meta said that Europe's artificial intelligence industry is being held back by excessive regulation.

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2025-02-21 12:11:44 ·

Apples Vision Pro has a problem a year into its existence: Not enough apps

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Apple said in August that the Vision Pro had 2,500 apps. According to one firm's analysis, fewer than 1,900 remain active.

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2025-02-21 10:11:09 ·

Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers

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DeepSeek's rise came as a timely confidence boost as the Chinese leadership faces a prolonged economic gloom and a brewing trade war with U.S.

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2025-02-21 00:06:53 ·

Meta approves plan for bigger executives bonuses following 5% layoffs

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Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.

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2025-02-20 22:06:37 ·

Block shares fall on profit, revenue miss

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Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.

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2025-02-20 20:07:30 ·

Amazon surpasses Walmart in revenue for the first time

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Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.

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2025-02-20 16:06:06 ·

Amazon to gain creative control of James Bond franchise from Broccoli family

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Amazon reached a deal with the Broccoli family, the James Bond franchise's longstanding producers, to form a new joint venture.

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2025-02-20 14:10:07 ·

Chinese smartphone firm Oppo launches slim $1,870 folding phone to rival Samsung, Huawei

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Chinese smartphone maker Oppo on Thursday revealed the Find N5, a new flagship that can fold in half.

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2025-02-20 14:10:04 ·

OpenAI tops 400 million users despite DeepSeek's emergence

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OpenAI now has 400 million weekly active users, up from 300 million in early December, OpenAIs chief operating officer, Brad Lightcap, tells CNBC.

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2025-02-20 10:10:50 ·

Europe risks becoming a 'museum' if it doesn't innovate in AI and deregulate, Swedish PM warns

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"I think we really need to step up in Europe," Sweden's Prime Minister Ulf Kristersson said Thursday.

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2025-02-19 20:07:40 ·

AI startup Baseten raises $75 million following DeepSeek's emergence

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Baseten, a startup that runs artificial intelligence models for clients on their cloud infrastructure, has raised $75 million in funding, the company said.

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2025-02-19 20:07:38 ·

Microsoft reveals its first quantum computing chip, the Majorana 1

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Microsoft's initial quantum processor, which contains eight topological qubits, is a step toward 1 million qubits and wide commercial use.

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2025-02-19 18:06:34 ·

AI health-care startup OpenEvidence raises funding from Sequoia at $1 billion valuation

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The new $75 million cash injection values OpenEvidence at $1 billion, the two companies told CNBC.

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2025-02-19 18:06:29 ·

Apple unveils cheaper iPhone 16e powerful enough to run AI

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The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this month.

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2025-02-19 16:06:50 ·

Etsy stock tumbles on revenue miss as company reports drop in number of goods sold

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Etsy, which is known for selling artisan and handcrafted goods, is facing heightened competition from Chinese online retailers Temu, Shein and TikTok Shop.

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2025-02-18 20:04:40 ·

Intel shares pop 13% on report Broadcom and Taiwan Semi could break up company

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Intel shares rallied 13% on Tuesday on a report that deals from Broadcom and Taiwan Semiconductor Manufacturing could break up the company.

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2025-02-18 18:09:42 ·

Law firm repping Tesla drafts Delaware bill that could salvage Musk pay package

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The legislation would amend Delaware General Corporation Law and could pave the way for the reinstatement of Musk's 2018 CEO pay package at Tesla.

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2025-02-18 08:12:15 ·

Huawei launches $3,660 trifold phone outside of China as it charts international comeback

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Huawei has made a comeback in China and is hoping to bring that momentum to overseas markets where its business has been badly hurt.

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2025-02-18 08:12:13 ·

Musks xAI releases artificial intelligence model Grok 3, claims better performance than rivals in early testing

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Elon Musks artificial intelligence company xAI has unveiled its latest AI chatbot, Grok 3, as its competition with OpenAI and DeepSeek heats up.

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2025-02-17 08:16:21 ·

'Game on': Tech execs say DeepSeek ramps up China-U.S. competition but won't hurt OpenAI

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At France's AI Action Summit, tech bosses told CNBC that DeepSeek demonstrates that China can't be counted out as a serious player in AI.

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2025-02-15 22:12:35 ·

Amazon workers reject union in vote at North Carolina warehouse

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Organizers had been campaigning at the warehouse since 2022, hoping to secure higher wages and longer breaks.

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2025-02-15 14:14:17 ·

Crypto and Trump gang up on FDIC over debanking: 'Our story is pretty ridiculous'

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After years of struggles with the Biden administration, crypto executives have allies across Washington, and now have a platform to voice their complaints.

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2025-02-15 02:11:02 ·

Trump Media reports $400 million in 2024 losses

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Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.

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