In this article BIDU BABA BABA 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese tech giants Tencent and Alibaba touted artificial intelligence as a transformative technology on company earnings calls this week. Costfoto | Future Publishing | Getty Images China’s technology giants are banking on artificial intelligence to bolster their businesses, touting new features for
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Anna Gomez, Deputy Assistant Secretary for Communications and Information Source: NTIA President Joe Biden nominated telecom attorney Anna Gomez to the Federal Communications Commission, his second attempt to fill an empty seat on the typically five-member panel that has left the agency in a 2-2 deadlock for his entire presidency thus far. The nomination comes
Micron Technology Double-Data-Rate Synchronous Random-Access Memory (SDRAM) chip Tomohiro Ohsumi | Bloomberg | Getty Images China’s chip stocks rallied on Monday morning following Beijing’s announcement to bar some purchases of products from U.S. memory chipmaker Micron. China’s Cyberspace Administration barred operators of “critical information infrastructure” in China from buying products from the U.S. chip giant following
In an aerial view, a modified company sign is posted on the exterior of the Twitter headquarters in San Francisco, April 10, 2023. Justin Sullivan | Getty Images News | Getty Images Elon Musk and X Corp. — the Musk-backed parent company of social media platform Twitter — face an investigation over building code violations
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT David Zaslav Bloomberg | Bloomberg | Getty Images Warner Bros. Discovery CEO David Zaslav supported CNN CEO Chris Licht during an investor conference Thursday as tension at the network rises over the decision to air a live Donald Trump town hall packed with his supporters.
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook looks on during an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple’s headset project suffered from CEO Tim Cook’s “distant” approach and lacked the confidence of key company executives at times, Bloomberg reported
Twitter CEO Elon Musk announced changes to the platform’s direct messages feature including the introduction of encryption. STR | Nurphoto | Getty Images Twitter’s power users are still coming to the app, but fewer are posting on it since Elon Musk’s acquisition late last year, according to a survey from Pew Research Center. “The Center’s
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks on-stage during the Google I/O keynote session at the Google Developers Conference in Mountain View, California, on May 10, 2023. Josh Edelson | AFP | Getty Images Google‘s effort to rapidly add new artificial intelligence technology into its core products
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Ghislaine Maxwell and Elon Musk attend the 2014 Vanity Fair Oscar Party Hosted By Graydon Carter on March 2, 2014 in West Hollywood, California. Kevin Mazur | vf14 | Wireimage | Getty Images A federal judge ruled Wednesday that the U.S. Virgin Islands can serve
Dara Khosrowshahi, chief executive officer of Uber David Paul Morris | Reuters Uber announced several new features on Wednesday during the company’s annual Go-Get product showcase. The new options include the ability to reserve a ride with a car seat, to call an Uber without the app, and to add teens to a family profile,
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella said during a taped interview with CNBC’s Andrew Ross Sorkin that what scares him most about artificial intelligence is “the entire society” has to come together to “maximize the opportunity and mitigate the dangers” of the technology, “We definitely want the benefits
Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | Afp | Getty Images Cryptocurrency giant Tether on Wednesday said that it’s going to purchase hundreds of millions of dollars’ worth of bitcoin to
In 2008, California voted yes on a $9 billion bond authorization to build the nation’s first high-speed railway. The plan is to construct an electric train that will connect Los Angeles with the Central Valley and then San Francisco in two hours and 40 minutes. But 15 years later, there is not a single mile
Ripple CEO Brad Garlinghouse speaks during the Milken Institute Global Conference in Beverly Hills, California, on Oct. 19, 2021. Kyle Grillot | Bloomberg | Getty Images Blockchain firm Ripple said Wednesday it has acquired Metaco, a Swiss firm that holds digital assets securely on behalf of clients, in a bid to expand its international footprint
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during the Google I/O Developers Conference in Mountain View, California, on Wednesday, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google’s new large language model, which the company announced last week, uses almost five
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk claimed on Tuesday he is “the reason that OpenAI exists,” citing his past investment in the entity, and that Microsoft exerts control over the AI company, an assertion strongly denied by Microsoft CEO Satya Nadella. “I came up with the name,”
Elon Musk told CNBC’s David Faber on Tuesday that he doesn’t care if his inflammatory tweets scare advertisers away from Twitter. “I’ll say what I want, and if the consequence of that is losing money, so be it,” said Musk, who owns Twitter. Musk replied defensively as Faber pressed him over a tweet Monday night
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla’s 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on: How he has managed a takeover of
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Silicon Valley “laptop classes” need to get off their “moral high horse” with their “work-from-home bulls***,” Tesla CEO Elon Musk told CNBC’s David Faber in a Tuesday interview. Musk was discussing return-to-office imperatives that have caused significant concern among tech workers in Silicon Valley and
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Inc. Gigafactory stands in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that people ought to be worried about tension between the U.S. and China. The comments come a year after
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