Tag: Breaking News: Technology

DuPont stock hits new high after an analyst’s upgrade — why we’re not buyers here

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's...

As Tesla layoffs continue, here are 600 jobs the company cut in California

As part of Tesla's massive restructuring, the electric vehicle maker notified the California Employment Development Department this week that it's cutting approximately 600...

GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped

Omar Marques | Lightrocket | Getty ImagesGameStop shares tumbled more than 20% in premarket Friday after the video game retailer said it plans...

AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone

Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024.CNBCFresh off a $1.1 billion equity funding round, artificial intelligence...

Microsoft’s Mistral partnership avoids merger probe by British regulators

The Microsoft logo is displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesThe U.K.'s Competition and Markets Authority cleared...

Reddit soars after announcing OpenAI deal that allows use of its data for training AI models

The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in New York City...

After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation

Dylan Field, co-founder and CEO of Figma, speaks at the startup's Config conference in San Francisco on May 10, 2022.FigmaFigma, a cloud-based design...

Meta slapped with formal EU probe over child safety risks

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington,...

Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions

A man walks past Microsoft's local headquarters in Beijing on July 20, 2021. Noel Celis | Afp | Getty ImagesMicrosoft has reportedly asked China-based...

India ‘very favorable’ for IPOs, Peak XV says, as economy and investor sentiment stay strong

Shailendra Singh, managing director of Peak XV Partners.Lionel Ng | Bloomberg | Getty ImagesIndia offers a "very favorable" environment for companies to launch...

China is still an important market even if investors diversify from it now, says Peak XV

Shailendra Singh.Lionel Ng | Bloomberg | Getty ImagesChina will remain an important market for investors in the long term, even if other countries...

Palo Alto Networks is buying security assets from IBM to expand customer base

Nikesh Arora CEO & Chairman Palo Alto Networks, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan....

Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years

Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17,...

Uber announces shuttle rides, features for caregivers and Costco perks

Uber on Wednesday announced several new product updates at the company's annual Go-Get showcase in New York City that aim to help its...

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Tag: Breaking News: Technology

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