In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT AMD issued preliminary third-quarter results Thursday that are well below its initial guidance. The semiconductor company reported preliminary quarterly revenue of approximately $5.6 billion. It had initially said it expected $6.7 billion in revenue for the quarter, plus or minus $200 million. AMD also said
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Storm clouds pass over the U.S. Capitol in Washington, July 18, 2022. Jonathan Ernst | Reuters Policy advocates who have been pushing for new legislation reining in Big Tech’s power have seen their hopes lifted and shattered several times throughout the past few months. Last week marked one of the brighter notes for those supporting
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s revived $44 billion deal to buy Twitter sparked fresh debate over what the billionaire will do with the service if he eventually owns it. On Tuesday, Musk tweeted that buying Twitter is an “accelerant to creating X, the everything app.” He did not
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Among the big winners in Elon Musk’s agreement to follow through with his deal to buy Twitter is an activist hedge fund based in a coastal Florida city that was just wrecked by Hurricane Ian. Pentwater Capital, a
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is pausing hiring for corporate roles in its retail business, according to a report published Tuesday by The New York Times. The company confirmed the accuracy of the report to CNBC. Amazon instructed recruiters to close all open job postings for those roles in
In this article TWTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to a regulatory filing on Tuesday. A deal could happen as soon as Friday, sources told CNBC. Twitter shares jumped as much as 15% on Tuesday after
AirPods Pro (2nd generation). Sofia Pitt Apple‘s new AirPods Pro (2nd generation) launched on Sept. 23 and cost $249. They have a ton of new features that make them a must-buy if you like AirPods. Here’s how to get the most out of your AirPods Pro (2nd generation) and use each of the new features. 1.
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google pulled its search engine from China in 2010 because of heavy government internet censorship. Since then, Google has had a difficult relationship with the Chinese market. The end of Google Translate in China marks a further retreat by the U.S. technology giant from the
Pro-Russian groups are raising funds in cryptocurrency to prop up paramilitary operations and evade U.S. sanctions as the war with Ukraine wages on, a research report published Monday revealed. As of Sept. 22, these fundraising groups had raised $400,000 in cryptocurrency since the start of the invasion on Feb. 24, according to TRM Labs, a
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images Electric vehicle makers Tesla just posted third-quarter vehicle production and delivery numbers
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla demonstrates an early prototype of the Optimus humanoid robot at its AI Day 2022 on Sept. 30 Screenshot Tesla CEO Elon Musk and other leaders from the automaker’s AI and hardware teams spoke at the company’s 2022 AI Day, an engineer-recruiting event in Palo
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT The Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. Nurphoto | Nurphoto | Getty Images When Tesla CEO Elon Musk began accumulating shares in Twitter earlier this year, and later made a bid to buy the company, a
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images A year
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of procurement, Tony Blevins, has left the company after a TikTok video showed him making a vulgar
Google Stadia Google Google is shuttering its digital gaming service Stadia, the latest ambitious project to get cut as the company looks to shed costs. The gaming service, which launched in 2019 and runs on phones and the Chrome browser, “hasn’t gained the traction with users that we expected,” wrote Phil Harrison, a Google vice
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is raising its hourly wages for its warehouse and delivery workers, the company announced Wednesday. Beginning in October, Amazon’s average starting
In this article IRBT Follow your favorite stocksCREATE FREE ACCOUNT Since Amazon introduced the Echo smart speaker in 2014, it’s remained the biggest and fastest-growing player in the smart home market. Its most recent expansion includes four new Echo devices, a new Fire TV, two new Ring cameras with features like radar-triggered motion detection, and
A young Beijing company’s game called “Sheep a Sheep” went viral in China in September 2022. Evelyn Cheng | CNBC BEIJING — A new game that’s gone viral in China hit people’s screens with surprising speed at a time when gaming giants such as NetEase have waited months for approval to launch games. That’s because
Brett Harrison, FTX Source: CNBC Brett Harrison, the U.S. president of the crypto exchange FTX, announced his resignation on Tuesday, with the company in the midst of a massive expansion effort. Harrison said on Twitter that he will be moving into an advisory role at the company and said he plans to remain in the
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