Tag Archives: CNBC

Behind the scenes with the team of ex-prosecutors fighting Amazon’s counterfeit problem

Counterfeits on Amazon skyrocketed after sales from Chinese-based sellers more than doubled in 2015. Here’s how Amazon is trying to stop the problem.

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Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up

Apple returned to the top five ranking of China’s smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.

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Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%

Following cyberattacks from China and Russia, Microsoft CEO Satya Nadella asked for his pay to be reduced.

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Dexcom shares fall on slow revenue growth

Dexcom shares fell on Thursday after the company released third-quarter results that showed slow revenue growth

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Elon Musk is $26 billion richer after Tesla’s best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world’s richest person’s net worth by roughly $26 billion.

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Tesla shares surge 19% and head for best day in more than 3 years on Musk’s 2025 growth projection

Tesla shares soared 19% Thursday, putting it on pace for its best day in more than three years, following its better-than-expected third-quarter earnings.

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OpenAI disbands another safety team, head advisor for ‘AGI Readiness’ resigns

OpenAI is disbanding its “AGI Readiness” safety team, which advised the company on its capacity to handle the outcomes of increasingly powerful AI.

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Air taxi firm Lilium plunges 45% after saying main subsidiaries will file for insolvency

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.

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Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

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Nvidia doubles down on India with Hindi language model and major partnerships

Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model.

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