SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. (Photo by Alain JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images) Alain Jocard |
Technology
Traffic warden Rai Rogers mans his street corner during an 8-hour shift under the hot sun in Las Vegas, Nevada on July 12, 2023, where temperatures reached 106 degrees amid an ongoing heatwave. More than 50 million Americans are set to bake under dangerously high temperatures this week, from California to Texas to Florida, as
In this article UBER LYFT Follow your favorite stocksCREATE FREE ACCOUNT New York City’s yellow taxis have been a symbol of the metropolis for decades. But taxi drivers only make up about 10% of the total driver landscape in the city — giving way to Uber and Lyft. While this is in large part due
Satya Nadella, CEO of Microsoft CNBC In a victory for Microsoft, the U.S. Appeals Court for the Ninth Circuit late on Friday denied the Federal Trade Commission’s appeal of a judge’s decision that would have stopped the software maker from completing its $68.7 billion acquisition of video game publisher Activision Blizzard. Microsoft is still working
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Emin Sansar | Anadolu Agency | Getty Images What comes up must come down — at least in the case of user engagement on Threads, Meta‘s new Twitter competitor. Last week, the text-based social media platform reported a record 100 million sign-ups in just five
Alex Mashinsky, Celsius CEO on stage in Lisbon for Web Summit 2021 Piaras Ó Mídheach | Sportsfile | Getty Images Former Celsius CEO Alex Mashinsky was arrested Thursday on federal securities fraud charges, a source told CNBC as the bankrupt crypto exchange agreed to pay a $4.7 billion settlement with government regulators. The settlement is
Disney is slowing down when it comes to making movies and TV series for its Marvel Studios and Lucasfilm franchises, CEO Bob Iger said on CNBC Thursday. The move comes as the company is looking to cut costs during a time when its recent films, from Marvel to animation, have underwhelmed at the box office.
In this article GOOGL TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, June 16, 2023. Chesnot | Getty Images Elon Musk, the CEO of Tesla and SpaceX, and owner of
Thilina Kaluthotage | Nurphoto | Getty Images Advertisers are eagerly watching how Meta’s new Threads messaging app develops over the next few months as they look for a new social channel to reach consumers while Twitter continues to struggle. Instagram Threads debuted last week and has amassed over 100 million sign-ups, which has caught the
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Daniel de la Hoz Google was working on an AI-powered mobile chatbot app for Gen Z users that features interactive digital characters, CNBC has learned. However, the company recently “deprioritized” those efforts amid an internal reorganization, according to materials seen by CNBC. Typically, when
In this article SSTK Follow your favorite stocksCREATE FREE ACCOUNT Shutterstock chief technology officer James Chou (C) rings the opening bell at the New York Stock Exchange on February 14, 2014 in New York City. D Dipasupil | Getty Images Shares of Shutterstock popped 10% Tuesday after the company announced an expanded, six-year partnership with
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives at court in San Francisco on June 28, 2023. Philip Pacheco | Bloomberg | Getty Images Microsoft confirmed on Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year. The cuts are in addition
In this article META Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. Threads is the new social network from Meta Platforms which was launched on the 5th of July 2023. Omar Marques | Lightrocket | Getty Images
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Sebastien Bozon | AFP | Getty Images Shortly after ChatGPT hit the market last year and instantly captured headlines for its ability to appear human in answering user queries, digital marketing veteran Shane Rasnak began experimenting. As someone who had built a career in creating
Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, US, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Images Attorneys for Elon Musk filed suit this week against the law firm that represented Twitter when Musk was trying to take the company private last year, claiming the
In this photo illustration, Threads logo seen displayed on a smartphone with the Twitter profile of Elon Musk in the background. Elon Musk is the current owner of Twitter. Meta will release a social media app called “Threads”, which will be a rival to Twitter. “Threads” is Instagram’s text-based conversation app. Mateusz Slodkowski | Lightrocket
Adam Mosseri speaks onstage at the WIRED25 Summit 2019 – Day 1 at Commonwealth Club on November 08, 2019 in San Francisco, California. Matt Winkelmeyer | Getty Images Meta‘s new Threads app has been live for less than two days, but one of the company’s top executives thinks prioritizing news and political discourse on the
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT From left, Tim Stuart, chief financial officer of Xbox at Microsoft; Phil Spencer, Microsoft’s CEO of gaming; and Microsoft finance chief Amy Hood arrive to court in San Francisco on June 29, 2023. David Paul Morris | Bloomberg | Getty Images Microsoft’s finance chief advised
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. The People’s Bank
Japan is known for its futuristic technology. But the nation is lagging behind in the generative AI race and is trying to create its own large language models. Mr.cole_photographer | Moment | Getty Images Countries are racing to develop their own generative artificial intelligence algorithms, but high tech Japan is already behind. Generative AI has
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