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Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]
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Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House
Leader of the Department of Government Efficiency Elon Musk wears a shirt that says “Tech Support” as he speaks during a cabinet meeting with US President Donald Trump at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty Images Tesla’s stock started off March the way it left […]
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Waymo, Uber begin offering robotaxi rides in Austin ahead of SXSW
A Waymo car drives along a street on March 01, 2023 in San Francisco, California. Waymo, Alphabet’s self-driving car division, announced that it has laid off over 135 employees in a second round of layoffs this year. Justin Sullivan | Getty Images Waymo on Tuesday began offering robotaxi rides in Austin, Texas, through the Uber […]
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Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister
Nvidia’s headquarters on Feb. 26, 2025, in Santa Clara, California. Justin Sullivan | Getty Images Malaysia said it will take “necessary action” against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. That comes after Singapore Law and Home […]
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Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Jaque Silva | Nurphoto | Getty Images Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC. The $3.5 billion round was led by Lightspeed Venture Partners, and other investors included Salesforce Ventures, Cisco Investments, Fidelity Management & Research Company, General Catalyst, D1 Capital Partners and […]
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China’s Oppo taps Google for privacy AI push, taking a page from Apple’s playbook
Oppo is the sixth-largest smartphone maker in China, according to Counterpoint Research. Nurphoto | Nurphoto | Getty Images BARCELONA — Chinese smartphone firm Oppo is taking a page out of Apple’s playbook with the launch of a private cloud computing system to keep users’ sensitive conversations separate from its own artificial intelligence products. The company […]
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CNBC Daily Open: Nvidia’s slump and Trump’s renewed tariffs rocked markets
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025. Steve Marcus | Reuters U.S. President Donald Trump said Thursday he would give tariffs on Canada and Mexico, which are temporarily paused, the go-ahead, while separately threatening on Wednesday to […]
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