Tag Archives: CNBC

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

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Why X’s new terms of service are driving some users to leave Elon Musk’s platform

Elon Musk’s X implemented new terms of service that are driving some users off the microblogging platform. 

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The Pentagon’s battle inside the U.S. for control of a new Cyber Force

The Defense Department has made its position clear that any new federal cybersecurity fighting force should not be centralized outside Pentagon authority.

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Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.

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Apple and Google could face a competition probe over their huge mobile ecosystems in the UK

The U.K. Competition and Markets Authority’s independent inquiry group recommended the watchdog investigates Apple and Google’s activities in mobile ecosystems.

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Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.

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Intuit shares drop as quarterly forecast misses estimates due to revenue getting delayed

While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue timing.

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Bluesky CEO Jay Graber says X rival is ‘billionaire proof’

Bluesky CEO Jay Graber told CNBC that the social media app’s open design could thwart potential acquisition efforts.

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Alphabet shares slide 6% following DOJ push for Google to divest Chrome

Alphabet shares fell Thursday following news that the Department of Justice is proposing Google divest its Chrome browser to end its search monopoly.

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Nvidia shares slump 3% in premarket as quarterly revenue growth slows

Despite nearly doubling sales year-on-year, Nvidia’s third-quarter results show a slowdown from previous quarters.

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