Tag Archives: CNBC

Tesla shares drop on plunging European sales, concerns about Trump’s tariffs

Tesla shares slid on Wednesday, continuing their downward trajectory for the year, after a rally over the past few days.

Posted in Tech | Tagged | Comments Off on Tesla shares drop on plunging European sales, concerns about Trump’s tariffs

OpenAI expects revenue will triple to $12.7 billion this year, source says

OpenAI foresees revenue tripling this year to $12.7 billion, CNBC has confirmed.

Posted in Tech | Tagged | Comments Off on OpenAI expects revenue will triple to $12.7 billion this year, source says

U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

The export restrictions come at a time when tensions between Washington and Beijing have been rising with the Trump administration ratcheting up tariffs against China.

Posted in Tech | Tagged | Comments Off on U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

With CEO Andy Jassy pushing employees to build AI apps across the company, Amazon is testing new shopping and health assistants.

Posted in Tech | Tagged | Comments Off on Amazon is testing shopping, health assistants as it pushes deeper into generative AI

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Now that 23andMe has filed for bankruptcy, another company could take control of its genetic database.

Posted in Tech | Tagged | Comments Off on With 23andMe entering bankruptcy, here’s how to delete your genetic data

SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says

Ripple has agreed to withdraw its cross-appeal, Chief Legal Officer Stuart Alderoty said on X Tuesday.

Posted in Tech | Tagged | Comments Off on SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says

Google quantum exec says tech is ‘5 years out from a real breakout’

Julian Kelly, Google Quantum AI’s director of hardware, told CNBC quantum computers may only be about five years from a breakthrough.

Posted in Tech | Tagged | Comments Off on Google quantum exec says tech is ‘5 years out from a real breakout’

Trump’s World Liberty Financial jumps into stablecoin game with USD1 reveal

The USD1 stablecoin is the latest of Trump’s crypto ventures an addition to the fastest growing sector of the crypto economy.

Posted in Tech | Tagged | Comments Off on Trump’s World Liberty Financial jumps into stablecoin game with USD1 reveal

Waymo will launch Washington, D.C., robotaxi service in 2026

Waymo One currently operates in San Francisco, Los Angeles, Silicon Valley and Phoenix, and is also driving in Austin and Atlanta.

Posted in Tech | Tagged | Comments Off on Waymo will launch Washington, D.C., robotaxi service in 2026

Napster pioneered music sharing over 25 years ago. It just got bought for $207 million

Napster is getting acquired by Infinite Reality for $207 million, the latest chapter for a company whose brand is synonymous with early music sharing.

Posted in Tech | Tagged | Comments Off on Napster pioneered music sharing over 25 years ago. It just got bought for $207 million