Tag Archives: CNBC

AI’s vibe-coding era: How the shift to apps changed the race

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Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors.

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After 20 years at the helm, Klarna’s CEO Sebastian Siemiatkowski is about to face his biggest test yet

Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.

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23andMe bankruptcy: With America’s DNA put on sale, market panic gets a new form of testing

Genetic testing company 23andMe’s bankruptcy has led to a new consumer privacy issue: what happens to the DNA of millions of Americans when it goes on sale?

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In Trump era, companies are rebranding DEI efforts, not giving up

Most companies are continuing related work, but shifting the language.

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Elon Musk must face Twitter shareholders’ lawsuit over alleged securities fraud

A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court, a judge ruled Friday.

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Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.

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Trump was supposed to unlock IPO market, but CoreWeave debut reflects ongoing skepticism

After pricing its IPO below the expected range, CoreWeave’s stock didn’t do much in its debut on Friday, reflecting concerns about the macro environment.

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Intel announces three board members will retire following CEO shake-up

The changes to the board come after Intel named Lip-Bu Tan as its new CEO earlier this month.

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Amazon MGM Studios boss Jen Salke to step down. Read the internal memo

Amazon hired Salke in 2018 to oversee its movie and television unit. The company became a bigger player in the entertainment industry under her leadership.

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