Technology
Uber rolls out driverless robotaxis in Abu Dhabi
Driverless WeRide robotaxis for Uber. Courtesy: Uber Uber on Wednesday rolled out fully driverless rides in its fourth market, launching the service in Abu Dhabi in partnership WeRide, a Chinese autonomous vehicle company. The ride-hailing company said the launch in the United Arab Emirates capital represents the first driverless robotaxi service in the Middle East. […]
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Dell misses on revenue, offers strong forecast driven by AI sales
The Dell Technologies logo is on display at the International Broadcasting Convention (IBC2025) on Sept. 12, 2025 in Amsterdam, Netherlands. Michel Porro | Getty Images Dell reported fiscal third-quarter earnings on Tuesday that missed Wall Street expectations for revenue, but the company forecasted a stronger-than-expected fourth quarter driven by increased AI sales. Dell shares rose […]
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Workday stock slips on light quarterly margin guidance
Workday CEO Carl Eschenbach, right, walks to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2025. David Paul Morris | Bloomberg | Getty Images Workday shares slid more than 5% in extended trading Tuesday after the finance and human resources software maker issued quarterly […]
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HP Inc shares fall on layoffs, weak guidance due to U.S. trade regulations
Enrique Lores, President and Chief Executive Officer of HP Inc. speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters PC and printer maker HP Inc. said Tuesday that it will lower its headcount by 4,000 to 6,000 people. The company also issued a lower-than-expected earnings projection for the new fiscal […]
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Musk’s xAI to close $15 billion funding round in December: sources
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with the matter told CNBC’s David Faber. The deadline for allocation is the […]
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TSMC stock falls as it sues former exec alleging he took trade secrets to Intel
TSMC on Tuesday filed a lawsuit against a former senior vice president it accused of leaking “confidential information” to Intel. Wei-Jen Lo joined Intel after 21 years at TSMC, having left in July, the Taiwanese chip maker said in a statement, announcing the lawsuit. The lawsuit is based on Lo’s employment contract and non-compete agreement […]
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