Technology
Tesla lost $15 billion in brand value in 2025 as Musk stepped deeper into politics, research shows
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images The value of Tesla’s brand lost $15.4 billion, about 36%, in 2025, marking a third-straight annual decline, according to research and consulting firm Brand […]
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Pinterest laying off 15% of workforce in push toward AI roles and teams
Sheldon Cooper | Lightrocket | Getty Images Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence. In a securities filing, Pinterest said it expects the cuts will be complete by the end of its third quarter in late […]
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Uncle Sam’s rare earth stake, Nike layoffs, five years of meme stocks and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Today we tell you about the five-year anniversary of the meme stock frenzy, which has me thinking it’s finally time to watch “Dumb Money.” S&P 500 futures are little changed. The three major indexes are coming off a winning day. […]
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Apple, Google host dozens of AI ‘nudify’ apps like Grok, report finds
Under the EU’s Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. Gabby Jones | Bloomberg via Getty Images The Apple and Google Play app stores are hosting dozens of “nudify” apps that can take photos of people and use artificial intelligence to generate […]
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TikTok blames data center outages for U.S. app problems, denies censorship claims
The TikTok logo is displayed at a TikTok office on Jan. 23, 2026 in Culver City, California. Mario Tama | Getty Images TikTok’s U.S. app, now under majority American ownership, said a recent wave of glitches and content disruption was due to a power outage at one of its data centers, pushing back against claims […]
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Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply
A general view of Micron Technology’s building in Singapore, June 23, 2020. Micron Gcm Studio | Reuters Micron Technology on Tuesday committed approximately $24 billion to expand its wafer manufacturing operations in Singapore, as the American memory chipmaker moves to expand production amid global shortages. In a press release, Micron said the investment would add […]
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