Technology

The tech industry may seem like it’s in a lull, plagued by widespread layoffs at major tech companies and a down economy, but that air of doom wasn’t apparent at a gathering of techies and investors in San Francisco on Tuesday. Instead, there was an overarching feeling of optimism. They were there to discuss the latest

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Yusuf Mehdi, Microsoft Corporate Vice President of Modern Life, Search, and Devices speaks during an event introducing a new AI-powered Microsoft Bing and Edge at Microsoft in Redmond, Washington on February 7, 2023. Jason Redmond | AFP | Getty Images Since Microsoft showcased an early

Nominee to be Deputy Attorney General Lisa Monaco testifies before the Senate Judiciary Committee during her confirmation hearing on Capitol Hill in Washington, March 9, 2021. Joshua Roberts | Reuters A high-ranking official at the Department of Justice on Thursday warned against the use of the popular short-form video app TikTok, due to security concerns

The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. Bankman-Fried was released on $250 million recognizance bond in December after he was indicted on criminal fraud charges. In all, there were four guarantors, including

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters Securities and Exchange Commission chairman Gary Gensler on Wednesday proposed sweeping

In this article 175-HK BIDU Follow your favorite stocksCREATE FREE ACCOUNT Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China. Zou Wei | Visual China Group | Getty Images BEIJING — Baidu’s ChatGPT-like product is set to come

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Tesla employees in New York have launched a campaign to organize a union with Workers United Upstate New York, according to a release

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT John Hennessy Adam Jeffery | CNBC Google‘s Bard announcement last week was meant to show that the company has similar technology as the popular ChatGPT chatbot, even though it still has a ways to go before becoming product-ready, Alphabet Chairman John Hennessy said Monday. “I

In this article TWLO Follow your favorite stocksCREATE FREE ACCOUNT BARCELONA, SPAIN – MARCH 01: Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. Joan Cros Garcia | Corbis News | Getty Images Twilio on Monday announced plans to

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk’s brain-computer interface company Neuralink is being investigated by the U.S. Department of Transportation for allegedly packaging and transporting contaminated hardware in an unsafe manner, a DOT spokesperson confirmed to CNBC.  In

In this article NOV.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Novartis manufacturing associate checking punches at compressing machine. Source: Novartis In 2010, a volcano erupted in Iceland. For Dr. Oliver Sartor, a cancer research professor at the Tulane University School of Medicine, it was a problem.  Ash from the eruption disrupted flights across Europe —

In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Last year’s havoc in the cryptocurrencies space has allowed for a “flight to quality” among crypto investors, Mathew McDermott, Goldman Sachs’ global head of digital assets, said on CNBC’s “Crypto World” on Friday. “We do have a crypto trading desk at the firm,” he

In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google employees are criticizing leadership, most notably CEO Sundar Pichai, for the way the company handled the announcement this week of its ChatGPT competitor called Bard. Staffers took to the popular internal forum Memegen to express their thoughts on the Bard announcement, referring to

In this article AMZN META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images For Matthew Hassett’s smart alarm clock company Loftie, the 2022 holiday shopping

In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Microsoft founder-turned-philanthropist Bill Gates smiles during the Global Investment Summit at the Science Museum in London on October 19, 2021. Leon Neal | AFP | Getty Images Improvements in artificial intelligence are the “most important” innovation at the moment, billionaire philanthropist Bill Gates said

Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24, 2022. Valerie Plesch | Bloomberg | Getty Images Hester Peirce of the Securities and Exchange Commission publicly rebuked her agency’s crypto enforcement, calling it “paternalistic and lazy” and asking if a “hostile” regulator is the

Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Access to Twitter was restored in Turkey late Wednesday after network restrictions left people in the country unable to use the site, according to internet monitoring site NetBlocks. The service was

In this article AFRM Follow your favorite stocksCREATE FREE ACCOUNT Affirm announced it’s cutting 19% of its workforce Wednesday. The news came as it reported second quarter earnings that fell below analyst estimates on both the top and bottom lines. Shares were down more than 17% after hours. In his letter to shareholders Wednesday, Founder

Uber reported fourth-quarter earnings Wednesday that beat analysts’ estimates. Shares were up about 2.5%. Here’s how the company did: Earnings per share: 29 cents vs. 18 cent loss expected by analysts, according to Refinitiv. Revenue: $8.6 billion vs. $8.49 billion expected by analysts, according to Refinitiv. related investing news Bank of America double upgrades Tripadvisor,

Ebay on Tuesday announced plans to cut 500 jobs, or about 4% of its workforce, according to a filing with the SEC. Shares of eBay were up slightly in extended trading Tuesday. In a memo to employees, CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the