Category: News

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Shares of South Korean chip heavyweights Samsung Electronics and SK Hynix surged Thursday, a day after the two companies partnered with artificial-intelligence major OpenAI as part of the U.S. firm’s Stargate initiative. Samsung shares hit their […]

U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and […]

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Google has laid off more than 100 employees in design-related roles, CNBC has learned. Earlier this week, the company laid off employees within the cloud unit’s “quantitative user experience research” […]

A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft is raising the Xbox Game Pass Ultimate subscription price by 50% to $29.99 per month, effective immediately, the company announced Wednesday. The $10 spike comes with a slew of changes to all its […]

President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena on April 23, 2015 in Seattle, Washington. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]

Yusuf Mehdi, executive vice president and consumer chief marketing officer at Microsoft, speaks at a company briefing in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into Windows, the company’s world-leading operating system. Jason Redmond | AFP | Getty Images Microsoft said Wednesday […]

Stablecoins are making major strides in mainstream adoption. The blockbuster IPO of USDC issuer Circle and the GENIUS Act stablecoin bill becoming law in the U.S. in July boosted excitement for cryptocurrencies that are pegged to the price of the U.S. dollar. Now, small and medium-sized businesses in the U.S. are exploring how the technology […]

Microsoft Chief Technology Officer and Executive Vice President of Artificial Intelligence Kevin Scott speaks at the Microsoft Briefing event at the Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images Microsoft would like to mainly use its own chips in its data centers in the […]

Amazon on Wednesday expanded its private-label grocery lineup with the launch of a new brand aimed at “price-conscious” shoppers, with most products priced under $5. The brand is called Amazon Grocery and includes more than 1,000 items, ranging from dairy, fresh produce, meat and seafood to snacks and baking essentials, the company said in a […]

Donald Trump Jr., co-founder of World Liberty Financial, during at the Token2049 conference in Singapore, on Wednesday, Oct. 1, 2025. Bloomberg | Bloomberg | Getty Images SINGAPORE — World Liberty Financial, a crypto venture linked to U.S. President Donald Trump, is planning to launch new products, including a debit card and tokenized commodity assets, as […]

People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reutersa When Palantir hit the stock market in September 2020, there was a lot that […]

The Walt Disney Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, May 7, 2025. Michael Nagle | Bloomberg | Getty Images The Walt Disney Company sent a cease and desist letter to Character.AI last week, warning the artificial intelligence startup to stop using copyrighted characters […]

The beaming of solar power from space back down to earth using lasers sounds like science fiction, and was even floated in an Isaac Asimov short story back in the 1940s. But that is exactly what a California-based startup is testing: Mini solar farms in the form of low-orbit satellites. California-based startup Aetherflux plans to […]

Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmaker’s market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to […]

Amazon Devices & Services Senior Vice President Panos Panay speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan McDermid | Reuters Amazon on Tuesday unveiled a slew of new smart speakers and voice-activated displays that are revamped with Alexa+, its personal assistant that’s powered by generative artificial intelligence. […]

Daniel Ek, founder and chief executive officer of Spotify, attends the Cannes Lions 2016 on June 22, 2016 in Cannes, France.  Antoine Antoniol | Getty Images Spotify CEO Daniel Ek will step down from his position and move to the role of executive chairman, the company said Tuesday. Spotify shares dipped around 4% following the […]

Ring CEO Jamie Siminoff Courtesy of Ring | Brandon Friend-Solis In 2023, Jamie Siminoff called up Amazon‘s former devices boss, Dave Limp, to say he was stepping down from leading the video doorbell company he sold to the e-commerce giant for $839 million in 2018. Siminoff, who started Ring in 2013, said Limp and Amazon […]

A model of the Firefly Aerospace Blue Ghost lander during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace shares sank more than 24% after its rocket exploded during a test flight on Monday. The explosion occurred […]

An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025. Brendan McDermid | Reuters Amazon is hosting a launch event on Tuesday where it’s expected to unveil significant updates to its devices lineup. The event is slated to kick off at 10 a.m. ET and will […]

Anna Barclay | Getty Images News | Getty Images Chinese startup DeepSeek’s latest experimental model promises to increase efficiency and improve AI’s ability to handle a lot of information at a fraction of the cost, but questions remain over how effective and safe the architecture is.   DeepSeek sent Silicon Valley into a frenzy when […]

A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a smartphone screen Vcg | Visual China Group | Getty Images The Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that half of America’s chips are manufactured domestically, in a move that could have implications for Taiwan’s […]

U.S. President Donald Trump reacts, as he arrives at Joint Base Andrews, Maryland, U.S., September 26, 2025. Elizabeth Frantz | Reuters YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump’s account following the U.S. Capitol riots on Jan. 6, 2021. The settlement “shall not constitute an […]

An Electronic Arts video game logo is seen at the Electronic Entertainment Expo. Lucy Nicholson | Reuters Electronic Arts said Monday that it has agreed to be acquired by the Public Investment Fund of Saudi Arabia, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion. Shareholders of the company will receive $210 […]

OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman is everywhere. His artificial intelligence startup, now valued at $500 billion, has been inking deals valued in the tens to hundreds of billions of dollars […]

Jessica Guistolise, Megan Hurley and Molly Kelley talk with CNBC in Minneapolis, Minnesota, on July 11, 2025, about fake pornographic images and videos depicting their faces made by their mutual friend Ben using AI site DeepSwap. Jordan Wyatt | CNBC In the summer of 2024, a group of women in the Minneapolis area learned that […]

In June of last year, Jessica Guistolise received a text message that would change her life. While the technology consultant was dining with colleagues on a work trip in Oregon, her phone alerted her to a text from an acquaintance named Jenny, who said she had urgent information to share about her estranged husband, Ben. […]

Charges against Jeffrey Epstein were announced on July 8, 2019 in New York City. Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors. Stephanie Keith | Getty Images News | Getty Images Elon Musk, Peter Thiel and former Trump White […]

U.S. Deputy Attorney General Lisa O. Monaco speaks as Attorney General Merrick Garland looks on after announcing an antitrust lawsuit against Live Nation Entertainment during a press conference at the Department of Justice in Washington, U.S., May 23, 2024.  Ken Cedeno | Reuters President Donald Trump on Friday demanded that Microsoft fire Lisa Monaco, an […]

Dado Ruvic | Reuters Shares of Electronic Arts closed up 15% on Friday following a report in the Wall Street Journal that the video game company is nearing a roughly $50 billion deal to go private. Investors including Saudi Arabia’s Public Investment Fund (PIF) and Silver Lake could announce the deal as soon as next […]