In this article TSLA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla, Inc. electric vehicle charges at supercharger location in Hawthorne, California, on August 9, 2022. Patrick T. Fallon | AFP | Getty Images The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a
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UAE Minister of Cabinet Affairs Mohammad al-Gergawi (L-on stage) speaks with Elon Musk attending the World Government Summit virtually in Dubai on February 15, 2023. Musk indicated that he is aiming to find someone to succeed him as Twitter CEO by the end of 2023. Karim Sahib | AFP | Getty Images Elon Musk said
In this article 175-HK BIDU Follow your favorite stocksCREATE FREE ACCOUNT Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China. Zou Wei | Visual China Group | Getty Images BEIJING — Baidu’s ChatGPT-like product is set to come
In this article GOOGL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella Jordan Novet | CNBC During last week’s chatbot hype, with Microsoft and Google attempting to outduel each other in showcasing early versions of artificial intelligence-powered search, more than 1 million people signed up to try Microsoft’s tool in the first
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat analysts’ estimates on top and bottom lines. Here’s how the company did: EPS: 48 cents vs.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Tesla employees in New York have launched a campaign to organize a union with Workers United Upstate New York, according to a release
In this article BTC.CM= BUSD.CM= Follow your favorite stocksCREATE FREE ACCOUNT Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images Digital currency markets are on edge after a flurry of aggressive regulatory actions from U.S. authorities over the past few days.
Chinese technology giants over the past week have announced their intentions to launch ChatGPT-style products, joining the artificial intelligence arms race sparked by the popular chatbot. But announcements from China’s biggest firms have not said they are working on all-encompassing platforms like the U.S.’ ChatGPT, a move which could worry Beijing which heavily censors internet
In this article BUSD.CM= BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator, Binance founder Changpeng Zhao said Monday. Paxos’ own stablecoin was not impacted, but the
In this article PDD Follow your favorite stocksCREATE FREE ACCOUNT An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD Holdings Inc., ran a 30-second ad during the game titled “Shop Like A Billionaire,” highlighting its ambitions to crack the international e-commerce market. Jevone Moore
Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk’s brain-computer interface company Neuralink is being investigated by the U.S. Department of Transportation for allegedly packaging and transporting contaminated hardware in an unsafe manner, a DOT spokesperson confirmed to CNBC. In
In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Last year’s havoc in the cryptocurrencies space has allowed for a “flight to quality” among crypto investors, Mathew McDermott, Goldman Sachs’ global head of digital assets, said on CNBC’s “Crypto World” on Friday. “We do have a crypto trading desk at the firm,” he
In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google employees are criticizing leadership, most notably CEO Sundar Pichai, for the way the company handled the announcement this week of its ChatGPT competitor called Bard. Staffers took to the popular internal
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Shares of Lyft fell more than 35% when markets opened on Friday, a day after the
In this article 9618-HK Follow your favorite stocksCREATE FREE ACCOUNT JD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the chatbot technology. Qilai Shen | Bloomberg | Getty Images JD.com, one of China’s largest e-commerce players, said on Friday it plans to launch a ChatGPT-style
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker SMIC posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead given a slump in the semiconductor industry. SMIC said on
Dan Schulman, CEO of Paypal, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerard Miller | CNBC PayPal said on Thursday that CEO Dan Schulman will retire and leave the online payments company at the end of 2023. Schulman, who became PayPal CEO after the split
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Lyft shares fell more than 30% during after-hours trading after issuing weak guidance in its earnings report on
In this article TBLA APO Follow your favorite stocksCREATE FREE ACCOUNT Noah Berger | Bloomberg | Getty Images Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of
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 Coinbase shares closed down more than 14% Thursday, after CEO Brian Armstrong voiced