Tag Archives: CNBC

Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

Posted in Tech | Tagged | Comments Off on Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company

UFC’s Dana White joins Meta’s board weeks before Trump takes office

UFC CEO Dana White, a longtime friend of Donald Trump, is joining the board of Meta two weeks before the new administration begins.

Posted in Tech | Tagged | Comments Off on UFC’s Dana White joins Meta’s board weeks before Trump takes office

Cryptocurrencies rise to start the week, bitcoin jumps above $102,000

The moves in crypto coincided with a rebound in tech stocks as Nvidia and shares of other chip names jumped.

Posted in Tech | Tagged | Comments Off on Cryptocurrencies rise to start the week, bitcoin jumps above $102,000

Amazon’s Ring announces smart smoke alarm as CES tech palooza kicks off

Kidde and Ring will launch two models in April, along with a $5-per-month smoke monitoring subscription service.

Posted in Tech | Tagged | Comments Off on Amazon’s Ring announces smart smoke alarm as CES tech palooza kicks off

Global chip stocks climb as Foxconn’s bumper results show a continuation of the AI boom

Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.

Posted in Tech | Tagged | Comments Off on Global chip stocks climb as Foxconn’s bumper results show a continuation of the AI boom

Volkswagen and Xpeng to build super-fast charging network in China for EVs

Volkswagen has ramped up its focus on China via an investment in Xpeng and an aggressive electric vehicle launch schedule.

Posted in Tech | Tagged | Comments Off on Volkswagen and Xpeng to build super-fast charging network in China for EVs

How AI regulation could shake out in 2025

This year will be a year of change for the U.S. political landscape — and that comes with big implications for the direction of travel for global AI regulation.

Posted in Tech | Tagged | Comments Off on How AI regulation could shake out in 2025

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Yoran led the cybersecurity company in its IPO in 2018.

Posted in Tech | Tagged | Comments Off on Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

Posted in Tech | Tagged | Comments Off on Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Foreign phone sales plunge 47% in China spelling trouble for Apple

Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.

Posted in Tech | Tagged | Comments Off on Foreign phone sales plunge 47% in China spelling trouble for Apple