Tag Archives: CNBC

Apple and Google instructed by House committee to prepare to dump TikTok next month

House members are telling Apple and Google to be prepared to comply with a law that could result in TikTok facing an effective ban in the U.S.

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Broadcom stock jumps 21%, pushing company past $1 trillion market cap for the first time

Shares of Broadcom popped more than 21% Friday, pushing the company’s market cap beyond $1 trillion for the first time.

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TSMC says first advanced U.S. chip fab ‘dang near back’ on schedule. Here’s an inside look.

Apple will be the largest customer at TSMC’s new Arizona chip fab, which the Taiwanese company says is ‘dang near back’ on schedule. Here’s an inside look.

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Elon Musk reveals SEC sent him ‘settlement demand’ after Twitter buyout probe

The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire revealed in a social media post on Thursday. 

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Broadcom shares rise 13% on profit beat, ‘massive’ opportunity in AI

Broadcom is seeing soaring demand from the boom in generative AI infrastructure.

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Adobe shares plunge 13% on disappointing revenue guidance

Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts’ estimates.

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ServiceTitan pops to $101 in cloud software vendor’s Nasdaq debut after selling shares at $71

In the first notable venture-backed tech IPO since April, ServiceTitan shares jumped after the cloud software company raised about $625 million in its offering.

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Texas House introduces bill to establish a strategic bitcoin reserve

Legislation was introduced in the Texas House of Representatives Thursday that would enable the state to build a strategic bitcoin reserve.

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Venture capitalists bet on Sublime, a startup bringing AI to email security

Generative artificial intelligence has helped hackers craft personalized emails more quickly. Now startups are using the technology to block attacks.

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OpenAI says ChatGPT suffers outage, company working on fix

OpenAI said in a post on X that it’s “working to roll out a fix” after getting hit by an outage Wednesday afternoon.

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