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EU probes Amazon, Microsoft’s cloud services for potential curbs
The European Commission has launched three market investigations on cloud computing services by Amazon and Microsoft under the Digital Markets Act (DMA), which aims to curb the power of Big Tech and ensure a level playing field for smaller rivals. It opened two probes to assess if the companies should be designated as gatekeepers for […]
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Samsung taking market share from Apple in U.S. as foldable phones gain momentum
In 2014, Apple and Samsung were duking it out to rule the U.S. smartphone market. Samsung was selling devices with large screens, and iPhone fans were demanding a response. It took Apple some time, but the company finally released the iPhone 6, breaking with previous iterations and giving consumers a large-screen option. The iPhone won. […]
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Elon Musk’s xAI loses co-founder Igor Babuschkin, who’s leaving to start venture firm
Igor Babuschkin, co-founder of xAI, during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. David Paul Morris | Bloomberg | Getty Images Igor Babuschkin, a founding member of Elon Musk’s xAI, said Wednesday that he’s leaving the artificial intelligence startup to launch his own venture firm. “Today […]
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CNBC Daily Open: The U.S. inflation jump scare is not here — at least not yet
A sale sign inside a clothing store in Artesia, California, U.S. on August 7, 2025. Patrick T. Fallon | Afp | Getty Images Waiting for tariff-induced price increases in the U.S. to show up can feel like watching an M. Night Shyamalan movie. July’s consumer price index came in mostly benign. The headline annual rate […]
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CNBC Daily Open: Will the other shoe drop when it comes to U.S. inflation?
An Aldi grocery store on May 2, 2025, in Washington, DC, U.S. Kevin Dietsch | Getty Images News | Getty Images Waiting for tariff-induced price increases in the U.S. to show up can feel like watching an M. Night Shyamalan movie. July’s consumer price index came in mostly benign. The headline annual rate of 2.7% […]
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Quantum computing could be commercial real estate’s next big tailwind
Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center on June 6, 2025 in Yorktown Heights, New York. Angela Weiss | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities […]
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