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2025-01-24 22:05:17 ·

Alphabet shares close above $200 for first time on split-adjusted basis

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Investors are growing more bullish on Alphabet as the company speeds up its AI development.

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2025-01-24 20:02:29 ·

Meta to begin testing ads on Threads, its micro-blogging app

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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.

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2025-01-24 18:04:11 ·

Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast

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Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.

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2025-01-24 16:05:01 ·

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

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SEC rescinds controversial rule in latest pro-crypto measure taken by new Trump administration.

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2025-01-24 16:05:00 ·

Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth

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Meta CEO MarkZuckerberg announced the company plans to invest around $60 to $65 billion in capital expenditure this year

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2025-01-24 14:07:54 ·

How Chinas new AI model DeepSeek is threatening U.S. dominance

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An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.

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2025-01-24 14:07:53 ·

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

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Top Wall Street banks say they're ready to get more active in crypto if the Trump administration rolls out favorable policies.

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2025-01-24 08:05:40 ·

Trump is searching for potential TikTok buyers who are the likely contenders?

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After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.

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2025-01-24 06:05:32 ·

Tesla starts sales of revamped Model Y in U.S. for about $60,000

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Tesla will start deliveries of the Model Y Juniper in the U.S. in March.

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2025-01-24 00:04:44 ·

Ivanka Trump warns investors that meme token bearing her name is fake

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Ivanka Trump posted on social media site X on Thursday that a meme coin with her name on it is not real.

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2025-01-23 22:05:11 ·

Twilio stock surges after company issues optimistic 2027 profit forecast

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Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.

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2025-01-23 22:05:10 ·

Trump signs executive order promoting crypto, paving way for digital asset stockpile

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President Donald Trump on Thursday signed an executive order on Thursday that could set the stage for developing a national digital asset stockpile.

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2025-01-23 20:05:07 ·

OpenAI introduces Operator to automate tasks such as vacation planning, restaurant reservations

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OpenAI on Thursday unveiled Operator, which it calls "an agent that can go to the web to perform tasks for you."

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2025-01-23 20:05:06 ·

Google restores Joe Biden to U.S. presidents search results, blames data error for omission

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Users on Wednesday night noticed Google search results omitted President Joe Biden from the list of U.S. presidents.

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2025-01-23 18:04:49 ·

EA shares plunge 19%, on track for worst day since dot-com bubble

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Electronic Arts shares plummeted on Thursday after the video game publisher cut its forecast, due largely to challenges with its soccer franchise.

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2025-01-23 16:05:38 ·

Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model

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Alexandr Wang, CEO of Scale AI, said Thursday that the AI race between the U.S. and China is an "AI war."

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2025-01-23 12:04:57 ·

Apple and Google's massive mobile empires face dual UK antitrust probes

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Britain's competition regulator launched an investigation into Apple and Google's mobile ecosystems to assess whether they're in breach of strict new tech laws.

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2025-01-23 00:03:57 ·

Microsoft's business development chief Chris Young resigns

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Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard acquisition.

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2025-01-23 00:03:56 ·

SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom

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South Koreas SK Hynix, one of the worlds largest memory chipmakers supported by strong sales of high bandwidth memory (HBM) used in generative AI.

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2025-01-22 22:04:08 ·

Google agrees to new $1 billion investment in Anthropic

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Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.

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2025-01-22 22:04:04 ·

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

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Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.

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2025-01-22 20:05:09 ·

Samsung launches S25 smartphone with boosted AI as Apple battle heats up

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Samsung launched the S25 series which comes in three variants the S25, S25+ and the S25 Ultra.

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2025-01-22 20:05:07 ·

Here's why youre suddenly following President Trump on Instagram

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Many Instagram users have complained that Meta has automatically enrolled them into following accounts for President Donald Trump without their consent.

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2025-01-22 16:05:31 ·

Meta backs Databricks as the data analytics startup inches toward IPO

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Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.

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2025-01-22 16:05:28 ·

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

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Five months after announcing that it hit $200 million in annualized revenue, Abnormal Security has hired a CFO.

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2025-01-22 14:05:17 ·

How Bluesky, Twitter's one-time side project, is challenging Elon Musk's X

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Bluesky attracted many X users following the U.S. election in November. The decentralized social media platform has now grown to over 28 million users.

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2025-01-22 12:07:10 ·

UK replaces competition watchdog's chair with ex-Amazon boss after anti-growth criticism

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The British competition regulator tapped a top former Amazon executive as its new chair after accusations from Prime Minister Keir Starmer of stifling growth.

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2025-01-22 06:05:25 ·

Kevin O'Leary says he would 'love to do a TikTok deal,' but the law prevents it

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Kevin OLeary says that hes still interested in a deal for TikTok, but that its no longer legally viable, even after Trump extended a ban on the platform.

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2025-01-22 02:03:53 ·

Trump says he's open to TikTok sale to Elon Musk or Larry Ellison

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At a press briefing on Tuesday, President Trump suggested that he's open to the idea of Elon Musk or Larry Ellison buying TikTok.

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2025-01-22 02:03:53 ·

Microsoft loses status as OpenAI's exclusive cloud provider

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Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the company with capacity or allow another party to fill the need.

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