An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into the Microsoft’s Xbox One video game console arranged in Denver, Colorado, on Wednesday, Jan. 19, 2022. Michael Ciaglo | Bloomberg | Getty Images The U.K.’s Competition and Markets Authority on Friday said it has narrowed the scope of its investigation into Microsoft’s
Technology
In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT 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 firm Tether estimates it will make $700 million profit
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But
In this article BTC.BS=-USS BTC.CB= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cryptocurrency industry insiders predict bitcoin could hit a new all-time high in 2023 and possibly reach $100,000. It comes after a noted investor bet that the digital currency could go to $1 million in 90 days. Chris Ratcliffe | Bloomberg | Getty Images
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors‘ self-driving vehicle unit Cruise acknowledged that some of its cars stalled out on city streets in San Francisco following rainstorms that downed trees there on Tuesday night. A witness to the Cruise robotaxi failures, John-Phillip Bettencourt, shared photos of the stalled vehicles on
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT The Goldman Sachs logo displayed on a smartphone. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Goldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company’s chief information officer told CNBC. Marco Argenti,
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai told employees that the success of its newly launched Bard
Misalignment Museum curator Audrey Kim discusses a work at the exhibit titled “Spambots.” Kif Leswing/CNBC Audrey Kim is pretty sure a powerful robot isn’t going to harvest resources from her body to fulfill its goals. But she’s taking the possibility seriously. “On the record: I think it’s highly unlikely that AI will extract my atoms
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of the previously announced layoffs that began in November and extended into January. That round totaled more than
ChartHop CEO Ian White ChartHop ChartHop CEO Ian White breathed a major sigh of relief in late January after his cloud software startup raised a $20 million funding round. He’d started the process six months earlier during a brutal period for tech stocks and a plunge in venture funding. For ChartHop’s prior round in 2021,
The TikTok logo is displayed outside TikTok social media app company offices in Culver City, California, on March 16, 2023. Patrick T. Fallon | AFP | Getty Images TikTok is at risk of being banned in the U.S. if Chinese parent ByteDance won’t sell its stake. Millions of Americans who use the popular video app
Former Theranos CEO Elizabeth Holmes (C) arrives at federal court with her mother Noel Holmes (L) and father Christian Holmes on September 01, 2022 in San Jose, California. Justin Sullivan | Getty Images Elizabeth Holmes hasn’t paid back over $25 million to creditors of her former Theranos company as she tries to delay her 11-year
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13, 2023. Jonathan Ernst | Reuters Google-owned YouTube will allow former President Donald Trump’s account to post new videos as of Friday, lifting
In this photo illustration the social media application logo for TikTok is displayed on the screen of an iPhone in front of a US flag and Chinese flag background in Washington, DC, on March 16, 2023. Olivier Douliery | AFP | Getty Images A star-studded array of Silicon Valley venture investors have joined forces with
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is indicating to ex-staffers, who got laid off while on maternity and medical leave, that they won’t get paid for all of
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google announced a price increase for its YouTube TV subscription on Thursday. It’s rising from $65 per month to $73 per month starting
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Thanks to recent advances in artificial intelligence, new tools like ChatGPT are wowing consumers with their ability to create compelling writing
In this article 92S-FF Follow your favorite stocksCREATE FREE ACCOUNT A logo for Chinese ride-hailing platform Didi is illuminated outside company headquarters on Jan. 21, 2022 in Hangzhou, China. Shen Longquan | Visual China Group | Getty Images Didi is planning to expand this year, the company said Thursday, as the regulatory crackdown on the
Tim Mayopoulos attend the Bilt Rewards Launch Party at Equinox Hotel New York at Hudson Yards on June 22, 2021 in New York City. Sean Zanni | Patrick Mcmullan | Getty Images Three days into his tenure as Silicon Valley Bank‘s government-appointed CEO, Tim Mayopoulos has a message for his high-powered venture capital and startup
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta will lay off 10,000 more workers and incur restructuring costs ranging from $3 billion to $5 billion, the company announced Tuesday, with CEO Mark Zuckerberg warning economic instability could continue for “many years.” Meta shares closed up 7% on Tuesday. related investing news Meta
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