Technology
Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — As China’s electric vehicle price war intensifies, its top leaders have sounded the alarm with high-profile calls to halt […]
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British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images LONDON — British money transfer firm Wise on Thursday said that it plans to move its primary listing location to the U.S., dealing a fresh blow to the London stock exchange. Wise said in its full-year earnings […]
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After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images Days after his nomination for […]
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Court denies Apple appeal in Epic Games case, keeping App Store changes in place
The App Store logo is seen next to the Epic Games Store logo on two screens. Epic, maker of the popular game “Fortnite,” wants to sell digital items in its apps without giving a cut of the purchase price to Apple. Fabian Summer | picture alliance | Getty Images Apple was dealt a blow in […]
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Amazon’s R&D lab forms new agentic AI group
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday. The team will be based in Lab126, the stealthy Silicon […]
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Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup
Nikesh Arora, CEO of Palo Alto Networks, appears on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nikesh Arora, the CEO of Palo Alto Networks, is joining Uber‘s board of directors, the company announced in a regulatory filing Wednesday. It comes amid a broader […]
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Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’
Mateusz Slodkowski | Lightrocket | Getty Images Reddit is suing artificial intelligence startup Anthropic for what it’s calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company’s platform and data without authority. The lawsuit, filed in San Francisco on Wednesday, claims that Anthropic has been […]
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This California startup is cleaning water and removing CO2 from the atmosphere — all at a reduced cost
As more parts of the world face intense drought, new technologies are emerging to clean and reuse existing water. Investors are seeing potential for big profits. Water treatment is expensive. It uses a lot of energy and produces its own waste that gets disposed of at a hefty price. Capture6, a startup in Berkeley, California, […]
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Amazon to invest $10 billion in North Carolina data centers in AI push
A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024. Nathan Howard | Bloomberg | Getty Images Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, the company said Wednesday. Amazon has earmarked up to $100 billion this year […]
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Microsoft gives LinkedIn chief Roslansky added role running Office
Microsoft is giving LinkedIn CEO Ryan Roslansky a bigger job, expanding his role to include oversight of Office productivity software, CNBC has learned. Roslansky, who took over LinkedIn five years ago, is becoming executive vice president of Office, reporting to Rajesh Jha, Microsoft’s executive vice president for experiences and devices, according to a person familiar […]
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