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Tag: Technology

23andMe CEO Anne Wojcicki ‘surprised and disappointed’ by board resignations: Read the memo

Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday,...

Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power

Microsoft CEO Satya Nadella speaks during the company's Build developer conference in Seattle on May 21, 2024.Jason Redmond | AFP | Getty ImagesMicrosoft...

Elon Musk says SpaceX will sue FAA for ‘regulatory overreach’

SpaceX's Polaris Dawn Falcon 9 rocket sits on Launch Complex 39A of NASA's Kennedy Space Center as it is prepared for another attempt...

Bitcoin climbs above $60,000 ahead of Fed rate decision

Avishek Das | Lightrocket | Getty ImagesBitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve's rate cutting plans.The price...

Snap unveils latest AR glasses despite ongoing struggles in core ad business

Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical world.The latest...

SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says

A Starlink terminal installed on a Hawaiian Airlines aircraft.Hawaiian AirlinesPARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last...

FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle

Tsingha25 | Istock | Getty ImagesThe Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep more detailed records...

Tech M&A has been thwarted by regulators, but dealmakers skeptical that election will change much

Lina Khan, chair of the U.S. Federal Trade Commission, and Jonathan Kanter, assistant attorney general for the Justice Department's antitrust division, participate in...

Amazon is using generative AI to drive more same-day shipping using smarter robots and better routes

For years, Amazon has set the bar for package delivery. When Prime launched in 2005, two-day shipping was unheard of. By 2019, one-day...

The Apple Watch Series 10 offers mostly minor upgrades, but faster charging is a big plus

The Apple Series 10 is displayed during an event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.Loren Elliott | ReutersThe...

British e-commerce firm THG to spin off technology platform Ingenuity

THG, which was previously known as The Hut Group, is an e-commerce business based out of the U.K.Pavlo Gonchar | Sopa Images |...

Big AI models will be commoditized — the value will come from the applications, Infosys chair says

Massive artificial intelligence models built by the likes of OpenAI will eventually become commoditized with the next wave of value in the technology...

CNBC Daily Open: Rate cuts might not benefit tech the most

The sun rises behind the skyline of lower Manhattan and One World Trade Center as people walk along the Hudson River on September...

China seeks a homegrown alternative to Nvidia — these are some of the companies to watch

Illustration of the China and U.S. flag on a central processing unit.Blackdovfx | Istock | Getty ImagesU.S. sanctions over the years on China's...

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