In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Getty Images New York City Mayor Eric Adams and his police department have asked residents to help fight vehicle theft in the city by placing Apple AirTags in their cars. AirTags are small, circular tracking devices that allow users to monitor the location of their
Technology
Google Cloud CEO Thomas Kurian, right, arrives on stage as Alphabet CEO Sundar Pichai exits during the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images When Google hired Oracle’s Thomas Kurian four years ago to run its cloud business, the internet search company had a
In this article AMZN MSFT Follow your favorite stocksCREATE FREE ACCOUNT Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty Images Tech investors are eager to hear how much industry leaders are bolstering profitability now that they’re in cost-cutting mode. But there’s one area where
Federal Bureau of Investigation Director Christopher Wray testifies before a Senate Intelligence Committee hearing on “worldwide threats,” on Capitol Hill in Washington, March 8, 2023. Mary F. Calvert | Reuters U.S. cyber intelligence staff is vastly outnumbered by Chinese hackers, Federal Bureau of Investigation Director Christopher Wray told Congress as he pleaded for more money
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images A former Apple employee who swindled the company out of more than $17 million with a scheme that double-billed for parts was sentenced to three years in federal prison and ordered to pay more than $19 million in restitution to
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty Images Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming
In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft has invested huge amounts of capital and time into making cloud gaming a core part of its gaming offering. Peter Summers | Getty Images When Microsoft announced its offer to buy Activision Blizzard for $68.7 billion, it marked one of the biggest acquisitions
China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment, analysts told CNBC. Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC won’t be able to produce cutting-edge chips competitively if it continues to be cut off from advanced equipment,
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court Auditorium on the White House campus in Washington, January 21, 2022. Jonathan Ernst | Reuters Intel reported
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty Images Crypto exchange Coinbase offered a fiery response on Thursday to last month’s Wells
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Ramin Talaie | Corbis News | Getty Images Ride-sharing app Lyft will lay off 1,072 employees, roughly 26% of its corporate workforce, and won’t hire for an additional 250 positions, the company said in an SEC filing Thursday. The news comes a week after a
In this article DBX Follow your favorite stocksCREATE FREE ACCOUNT Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier 48 on September 25, 2019 in San Francisco Matt Winkelmeyer | Dropbox | Getty Images Dropbox on Thursday announced plans to cut 500 employees, or about 16% of its workforce,
Twitter CEO Elon Musk speaks at the “Twitter 2.0: From Conversations to Partnerships,” marketing conference in Miami, Florida, on April 18, 2023. Chandan Khanna | AFP | Getty Images After being spotted on Capitol Hill on Wednesday, Elon Musk tweeted that he’d met with Senate Majority Leader Chuck Schumer, D-N.Y., and other lawmakers about artificial
Infosys founder Narayana Murthy sees tech layoffs in the U.S. as an opportunity for India. “I look at these things [such as tech layoffs] as part of a business cycle. The curve goes up and down, up and down. So I would not be that much worried,” Murthy told The CNBC Conversation. related investing news
Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) Joan Cros | Nurphoto | Getty Images South Korean electronics giant Samsung’s operating profit plunged in the first quarter as prices for its memory chips continued to fall and demand remained weak. Here are
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese retailers for helping lift the company’s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images News | Getty Images Cryptocurrencies jumped on Wednesday as investor concerns about the U.S. banking sector began to swell again, with First Republic Bank fighting to
In this article GOOGL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty Images Google last year had a “Kodak moment” when it came to artificial intelligence, giving rival Microsoft an edge with the technology, one strategist told
In this article MSFT ATVI Follow your favorite stocksCREATE FREE ACCOUNT A sign for Microsoft Corp. at the company’s office in the central business district of Lisbon, Portugal, on Tuesday, Dec. 27, 2022. Zed Jameson | Bloomberg | Getty Images Microsoft shares sustained a nearly 7% rally at Wednesday’s open, a day after reporting third-quarter
Huawei’s co-developed Aito electric car brand is now selling an updated version of the M5 model that comes with new driver-assist tech. Bloomberg | Bloomberg | Getty Images BEIJING — Companies in China are playing up assisted driving technology as a way to compete in the hot electric car market. Around the Shanghai auto show
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