Tag Archives: CNBC

Salesforce shares jump on earnings beat and strong AI deals pipeline

Salesforce shares popped Wednesday on earnings beat and AI pipeline

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Amazon sued by DC attorney general for allegedly excluding neighborhoods from Prime delivery

Amazon’s actions caused more than 48,000 Prime members to get slower delivery than the rest of the capital city, Attorney General Brian Schwalb claimed.

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Spotify Wrapped is out. Here’s who topped the 2024 streaming charts

Spotify Wrapped 2024 is now available for users on the music streaming platform.

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Okta shares pop 18% on earnings beat, strong guidance

Okta shares soared on Tuesday after the company reported strong third quarter results

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Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance

Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.

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Peter Thiel’s Founders Fund loses one of first partners to emeritus role

Brian Singerman said on Tuesday that he’s stepping down as a general partner of Founders Fund after 13 years.

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Intel considers an outside CEO, taps headhunters, sources say

Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster of Pat Gelsinger.

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Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’

Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.

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Apple says it uses Amazon’s custom AI chips

Apple is currently using Amazon Web Services’ custom AI chips for services like searching and will evaluate if its latest AI chip can be used to pre-train its AI models like Apple Intelligence.

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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms’ customers

Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.

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