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Uber raises in-office requirement to 3 days, claws back remote workers
Technology

Uber raises in-office requirement to 3 days, claws back remote workers

Uber on Monday informed employees, including some who had been previously approved for remote work, that it will require them to come to the office three days a week, CNBC has learned.  “Even as the external environment remains dynamic, we’re on solid footing, with a clear strategy and big plans,” CEO Dara Khosrowshahi told employees […]

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Fund manager owns just one Mag 7 stock after dumping Meta stake: ‘You have to pick the stock you really believe in’
World

Fund manager owns just one Mag 7 stock after dumping Meta stake: ‘You have to pick the stock you really believe in’

Nvidia is in — and Meta is out. That’s according to Stephen Yiu, co-founder and lead fund manager of London’s Blue Whale Growth Fund. The fund held 29 stocks as of the end of March this year, with top holdings including Apollo , Nvidia, Broadcom and TSMC , and more than a third of its […]

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Google increased CEO Sundar Pichai’s security costs by 22% in 2024
Technology

Google increased CEO Sundar Pichai’s security costs by 22% in 2024

Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) Mandel Ngan | AFP | Getty Images Google paid $8.27 million for CEO Sundar Pichai’s personal […]

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Palantir is soaring while its tech peers are sinking. Here’s why
Technology

Palantir is soaring while its tech peers are sinking. Here’s why

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Tech stocks have struggled in 2025, as recession and trade war fears sap investor appetite for riskier assets. Palantir is the exception. Against a […]

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PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending
Technology

PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending

FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021.  Dado Ruvic | Reuters PayPal, Block and Affirm are all closely tied to the health of the consumer, which has investors on edge headed into their earnings reports. Markets broadly have been jittery to […]

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Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
Technology

Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza

From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]

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Meta’s AI spending comes into focus amid Trump’s tariff policies
Technology

Meta’s AI spending comes into focus amid Trump’s tariff policies

Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025.  Evelyn Hockstein | Reuters Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade […]

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AI data center boom isn’t going bust, but the ‘pause’ is trending
World

AI data center boom isn’t going bust, but the ‘pause’ is trending

Sprawling, power-thirsty data centers have become as much a staple of suburbia in some places as shopping malls and soccer fields. However, when Microsoft pulled the plug on planned data centers in Ohio last month, it added to questions about whether the nascent data center boom had already gone bust. A Wells Fargo report last Monday saying […]

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How TikTok’s rise sparked a short-form video race
Technology

How TikTok’s rise sparked a short-form video race

TikTok’s grip on the short-form video market is tightening, and the world’s biggest tech platforms are racing to catch up. Since launching globally in 2016, ByteDance-owned TikTok has amassed over 1.12 billion monthly active users worldwide, according to Backlinko. American users spend an average of 108 minutes per day on the app, according to Apptoptia. […]

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California overhauling self-driving vehicle regulations. Tesla shares climb 10%
Technology

California overhauling self-driving vehicle regulations. Tesla shares climb 10%

Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025.  Smith Collection/gado | Archive Photos | Getty Images New rules for testing and deployment of self-driving vehicles are on the way in the state of California. The California DMV announced on Friday […]

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