Year: 2025
Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Andrew Anagnost, chief executive officer of Autodesk Inc., during a Bloomberg Television interview in London, UK, on April 25, 2023. Chris Ratcliffe | Bloomberg | Getty Images Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of […]
Read More
Meta plans to release standalone Meta AI app in effort to compete with OpenAI’s ChatGPT
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta AI will soon become one of the social media company’s standalone apps, joining Facebook, Instagram and WhatsApp, CNBC has learned. The company intends to debut […]
Read More
Stocks making the biggest moves after hours: Dell, Autodesk, Duolingo, NetApp and more
Check out the companies making headlines in extended trading. Autodesk — Shares popped nearly 7% after the design technology company exceeded expectations for fourth-quarter earnings. Autodesk earned $2.29 per share, excluding items, on $1.64 billion in revenue, while analysts polled by LSEG anticipated a profit of $2.14 a share and revenue of $1.63 billion. NetApp […]
Read More
Dell forecasts $15 billion of AI server sales this year
Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations. Here’s how the hardware company […]
Read More
Senators grill Trump’s CFPB director pick: You are ‘on the Titanic, good luck’
Jonathan McKernan, U.S. President Donald Trump’s nominee to be the director of the Consumer Financial Protection Bureau, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters President Donald Trump’s pick to lead the […]
Read More
Watch live: Trump holds joint press conference with British Prime Minister Keir Starmer
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump and British Prime Minister Keir Starmer are holding a joint press conference at the White House on Thursday. Starmer and Trump were set to discuss the war […]
Read More
OpenAI launching GPT-4.5, its next general-purpose large language model
Sam Altman, chief executive officer of OpenAI, during an interview at Bloomberg House on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 16, 2024. Chris Ratcliffe | Bloomberg | Getty Images OpenAI on Thursday announced the research preview of GPT-4.5, a general-purpose large language model. It will initially be […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More