In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, CEO of Airbnb speaking on CNBC’s Squawkbox on May 4th, 2023. CNBC Shares of Airbnb fell as much as 10% in extended trading Tuesday despite first-quarter earnings that beat analyst estimates on top and bottom line, as it offered slightly weaker-than-expected guidance and a cautious
Technology
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Aytac Unal | Anadolu Agency | Getty Images LinkedIn, the popular business social networking platform owned by Microsoft, will discontinue its China-specific jobs app InCareer and lay off 716 employees worldwide, the company said in a message to employees. The move, announced Monday, will impact
This photo illustration shows the ChatGPT logo at an office in Washington, DC, on March 15, 2023. Stefani Reynolds | AFP | Getty Images Chinese police arrested a man they allege used ChatGPT to create a fake news article about a train crash, in what appears to be the first case of enforcement action being
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images It’s been a long time since IBM has actively touted Watson. Originally created to beat humans at
In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Nintendo is hoping key games such as Mario and Zelda will help it keep players interested in its ageing Switch console series. Charly Triballeau | AFP | Getty Images Nintendo reported a fall in profit and revenue in its fiscal year driven by a drop
Demand for individuals with specialized tech talent isn’t limited to the tech sector, says Singapore’s Infocomm Media Development Authority. Jimmyfam | E+ | Getty Images Singapore hasn’t been spared the layoffs that have hit the global tech industry since 2022. Online marketplace Carousell cut 10% of its total headcount last December, and Shopee told The
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Win Mcnamee | Getty Images News | Getty Images Tesla CEO Elon Musk joined Texas Governor Greg Abbott to break ground at the site of the electric vehicle maker’s new lithium refinery in Corpus Christi on Monday. Tesla plans to invest $375 million to build
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk walks in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Clive Mason | Formula 1 | Getty Images A group of mostly Democratic senators pressured Tesla
In this article GOOG GOOGL META Follow your favorite stocksCREATE FREE ACCOUNT Representative Jim Jordan, a Republican from Ohio and chairman of the House Judiciary Committee, during a field hearing in New York, April 17, 2023. Stephanie Keith | Bloomberg | Getty Images House Judiciary Committee Chair Jim Jordan, R-Ohio, threatened enforcement action against Google
In this article BTC.CM= ETH.CM= Follow your favorite stocksCREATE FREE ACCOUNT Chris Ratcliffe | Bloomberg | Getty Images Bitcoin fell to start the week, extending losses from a sharp drop over the weekend following reports by one of the biggest crypto exchanges in the world about “congestion” on the Bitcoin network. The price of bitcoin
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, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty Images The CEO of cryptocurrency exchange Coinbase, Brian Armstrong, doubled down on his criticisms of the
In this article HOOD GS AAPL JPM Follow your favorite stocksCREATE FREE ACCOUNT Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty and
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple brought in record revenue in India in the first quarter of the year, CEO Tim Cook said, as he touted the potential of what could become a key market for the tech giant in terms of iPhone sales and manufacturing. During Apple’s earnings call
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla has enacted a series of price cuts on its cars. But it has recently begun raising the prices again. Chukrut Budrul | Sopa Images | Lightrocket | Getty Images Tesla raised the price of its more expensive Model S and Model X cars in
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT A Lyft decal is seen on a car in the pick-up area at JFK Airport on April 28, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images Lyft shares dropped nearly 15% in extended trading on Thursday after the
Institutional investors lost interest in crypto after 2022 and even with this year’s uptrend, their appetite for it hasn’t come back yet, according to Northern Trust’s head of digital assets and financial markets. Justin Chapman told CNBC’s “Crypto World” at the Digital Assets Week conference in San Francisco that institutions have shifted their focus to
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Chief Executive Officer (CEO) of Apple Tim Cook waves to people during the opening of the first Apple Inc. flagship store in Mumbai, India on April 18, 2023. Imtiyaz Shaikh | Anadolu Agency | Getty Images Apple is scheduled to report fiscal second-quarter results after
In this article Follow your favorite stocksCREATE FREE ACCOUNT Samsung is facing a testing time with profit slumping due to weak demand for its memory chips. SeongJoon Cho | Bloomberg | Getty Images An influential Samsung Electronics workers union on Thursday warned that its members could walk out over a wage dispute in what could
This photo illustration shows the ChatGPT logo at an office in Washington, DC, on March 15, 2023. Stefani Reynolds | AFP | Getty Images We are still some way off reaching human-level artificial intelligence despite rapid advances in the technology, according to an early investor in research laboratory DeepMind. “In terms of artificial general intelligence,
Microsoft CEO Satya Nadella speaks during an event at the company’s headquarters in Redmond, Washington, on Feb. 7, 2023. Chona Kasinger | Bloomberg | Getty Images Microsoft said Thursday that it’s dispensing with the waiting list it has had in place for the past three months for its revamped Bing search engine, allowing anyone with
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