Technology
Meta backtracks on decision to end Horizon Worlds VR after fans speak up
Pavlo Gonchar| SOPA Images | Lightrocket | Getty Images A day after announcing that it will be shutting down Horizon Worlds for Quest virtual reality headsets, Meta has changed course. The company said Wednesday that the VR platform will remain available “for the foreseeable future.” “We have decided, just today in fact, that we will […]
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Eli Lilly’s new shot shows solid weight loss in study — plus, a way for Nvidia to perk up
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday ‘ s key moments. 1. Stocks fell Thursday as oil prices continued higher. Brent international crude briefly touched $119 per barrel after Iran attacked a key LNG facility in Qatar. Tehran said […]
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Meta to cut back on third-party vendors in favor of AI for content enforcement
Arda Kucukkaya | Anadolu | Getty Images Meta is beginning a yearslong rollout of more advanced artificial intelligence systems that will handle content enforcement-related tasks like catching scams and removing illegal media, as the company reduces its use of third-party vendors and contractors in favor of AI. In a blog post Thursday, Meta said that […]
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Tesla faces intensifying NHTSA probe of ‘Full Self-Driving’ in reduced visibility
The editorial image shows the interior of the new Tesla Model 3 with Full Self-Driving activated. Nurphoto | Getty Images The National Highway Traffic Safety Administration has escalated an investigation into Tesla‘s “Full Self-Driving” systems, according to filings on the agency website out Thursday. The probe into Tesla’s FSD is looking into possible safety defects […]
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OpenAI to acquire developer tooling startup Astral in boost for Codex team
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC. Anna Moneymaker | Getty Images OpenAI on Thursday announced it’s acquiring Astral, a small startup that builds popular open source tools for software developers. Astral’s team will join OpenAI and help build out its artificial intelligence coding assistant […]
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Crypto.com lays off 12% of workforce in latest company to cite AI in job cuts
Omar Marques | Lightrocket | Getty Images Cryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its staff as the company integrates artificial intelligence. “We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail,” CEO Kris Marszalek posted on X. “As […]
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Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis
The Rivian R2 is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images Uber Technologies plans to invest up to $1.25 billion in electric vehicle maker Rivian Automotive as part of a deal to deploy up […]
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The Fed decision, Micron earnings, Amazon’s USPS contract and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after a long weekend skiing in Colorado, just in time for yesterday’s Federal Reserve meeting. Stock futures are lower this morning. The three major indexes are coming off a losing day. Here are five key things investors need […]
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Chip buyers in Europe are paying more and tapping backup stores as Iran war hits air freight
European companies that import semiconductors from Asia are tapping into backup stores and paying more for deliveries as the Iran war causes disruption to air freight routes through the Middle East, industry insiders have told CNBC. The Iran war has caused turmoil to cargo routes as shipping and airports have been targeted since the war […]
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Micron revenue almost triples, tops estimates as demand for memory soars
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron said revenue almost tripled in the latest quarter as results topped analysts’ estimates. Here’s how the company did relative to LSEG consensus: Earnings per […]
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