Alphabet Inc
Amazon’s Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas
Amazon’s Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Zoox Amazon-owned autonomous vehicle startup Zoox on Wednesday opened a sprawling new manufacturing facility in the San Francisco Bay Area, paving the way for more robotaxi production as it plans a commercial rollout of its fleet later this year. […]
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Trump to extend TikTok deadline for third time, pushing decision out another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images For a third time since taking office in January, President Donald Trump plans to extend a deadline that would require China’s ByteDance to divest TikTok’s U.S. business. “President Trump will sign an additional Executive Order this week to keep TikTok up and running,” White House Press Secretary Karoline […]
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Canva expands from design into analytics with acquisition of MagicBrief
From left, Cliff Obrecht, Canva’s co-founder and chief operating officer, and George Howes, co-founder and CEO of MagicBrief, pose for a photo at the Cannes Lions festival in Cannes, France, in June 2025. Canva Canva has grown into a $32 billion startup through its popular design tools used for easily creating images, marketing material and […]
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Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta and EssilorLuxottica plan to release versions of their AI-powered smart glasses under the Oakley and Prada brands, CNBC has learned. The […]
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Reddit stock jumps after company rolls out new AI advertising tools
Thomas Fuller | Lightrocket | Getty Images Reddit shares popped about 5% after the social media company debuted new artificial intelligence-powered advertising tools. The two new features, announced Monday in a post during the Cannes Lions festival, will help brands better leverage discussions on the platform. The company said the tools are powered by an […]
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Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities. […]
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OpenAI new recruiting head says company faces ‘unprecedented pressure to grow’
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images The pace of artificial intelligence innovation is raising the stakes for companies like OpenAI to snatch up top talent, according to new recruiting head Joaquin […]
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Google issues apology, incident report for hours-long cloud outage
Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Google apologized for a major outage that the company said was caused by multiple layers of flawed recent updates. The company released an incident report late on Friday that explained hours […]
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Goldman’s advice on playing autonomous vehicles as catalysts approach this year
With the autonomous vehicle (AV) industry poised to grow in coming years, several stocks could be a way to play the trend, according to Goldman Sachs. “Autonomous vehicles have arrived for both rideshare and trucking,” analyst Mark Delaney wrote in a note on Monday. “The key focus for investors is now on the pace at […]
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Google, Scale AI’s largest customer, plans split after Meta deal, sources say
Alexandr Wang, CEO of Scale AI, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23rd, 2025. CNBC Alphabet’s Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta is taking a 49% stake in the AI data-labeling startup, five sources […]
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