Month: February 2025
Meta announces experimental Aria Gen 2 research smart glasses
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta on Thursday revealed the latest version of its experimental smart glasses intended to help bolster research into artificial […]
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As Nvidia fights to stay relevant in China, more than sales are at stake
Nvidia is walking a tightrope in China with export controls — balancing compliance, profits and staying competitive. During the chipmaker’s earnings call Wednesday evening, CEO Jensen Huang noted that revenue from China has dropped to half of pre-export control levels. To put that in perspective: We’re still talking about $17 billion, according to Nvidia’s annual […]
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Elon Musk says he’s sending Starlink tech to FAA while saying, without evidence, that air safety is ‘at risk’
Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that current technology poses a risk to air travel safety. The billionaire and top advisor to President Donald Trump, who has been tasked with cutting costs throughout the federal government, posted the claims […]
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Venu is done. Here’s how Fox, Disney and WBD plan to go it alone in sports streaming
An advertisement for Venu Sports, the sports streaming venture by Disney, Warner Bros. Discovery and Fox, hangs at the Fanatics Fest event in New York City on Aug. 16, 2024. Jessica Golden | CNBC With Venu done before it even got out of the starting blocks, Fox Corp., Disney and Warner Bros. Discovery have been […]
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Stocks making the biggest moves midday: Nvidia, Snowflake, Rolls-Royce and more
Check out the companies making headlines in midday trading. Nvidia – Shares dropped about 3% despite the chipmaker’s fourth-quarter earnings and revenue and current quarter revenue forecast beating analyst estimates. Nvidia’s fourth-quarter gross prfiofit margin declined, and its latest revenue topped foreasts by the smallest amount in two years . EBay – The e-commerce platform […]
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Traders are in ‘no man’s land’ after the latest conflicting investor sentiment data
Yes, the latest gauge of investor vibes shows uniquely high concern. No, that doesn’t mean you should follow conventional wisdom and rush into the market. The share of American Association of Individual Investors members with bearish views for the week ended on Wednesday broke above 60% , according to the organization’s closely followed survey. That […]
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Paramount ends DEI policies, cites Trump executive order
The Paramount Global headquarters in New York on Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount said it would comply with President […]
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Consumer Financial Protection Bureau drops lawsuits against Capital One and Rocket Mortgage affiliate
Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau’s new leadership on Thursday dismissed a trio of enforcement lawsuits […]
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Consumer Financial Protection Bureau drops lawsuits against Capital One and Rocket Mortgage affiliate
Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau’s new leadership on Thursday dismissed a trio of enforcement lawsuits […]
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Katy Perry, Lauren Sanchez and Gayle King will crew Jeff Bezos’ next Blue Origin spaceflight
Katy Perry performs during the opening ceremony of the 2025 Invictus Games at BC Place on February 08, 2025 in Vancouver, British Columbia. Samir Hussein | Wireimage | Getty Images Singer Katy Perry and CBS’ Gayle King will join Jeff Bezos’ fiancee Lauren Sanchez on his rocket company Blue Origin’s next crewed mission. The company […]
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