Amazon.com Inc
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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‘What Europe needs is a DOGE,’ Deutsche Telekom CEO says in impassioned plea for deregulation
Deutsche Telekom CEO Tim Hottges speaks during Mobile World Congress, the world’s biggest mobile fair, in Barcelona on March 3, 2025. Lluis Gene | Afp | Getty Images BARCELONA — Europe needs its own version of Elon Musk’s so-called Department of Government Efficiency, Deutsche Telekom CEO Tim Höttges said Monday as he made an impassioned […]
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Amazon to bring palm-scanning tech to NYU Langone Health facilities
Amazon is bringing its palm-scanning payment system to a Whole Foods store in Seattle, the first of many planned future locations to roll out the technology. Amazon Patients at NYU Langone Health facilities will soon be able to check in for appointments using Amazon’s palm-scanning technology, the company announced Monday. The contactless service, called Amazon […]
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Power stock at the center of the AI trade is fading as impatient investors await a data center deal
Investors are questioning the artificial intelligence trade that sent power stocks soaring last year, as the company viewed as best positioned to strike a data center deal still has not signed an agreement. Vistra Corp. was a darling of the S & P 500 in 2024, more than tripling in value to become one of […]
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Amazon eyes global expansion for its Temu, Shein competitor
Photo illustration of Temu and Amazon Haul boxes Christina Locopo Amazon is looking to expand its competitor to Temu and Shein beyond the U.S. The company intends to launch its discount storefront, called Haul, in Europe later this year, according to two people familiar with the matter who asked not to be named because the […]
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Egg prices are threatening a classic holiday tradition: Easter dye kits
Melkinimages | E+ | Getty Images The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the Easter holiday. The makers of Easter egg dye kits are bracing for the potential fallout if the egg shortage doesn’t begin to clear up before the April […]
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Nvidia bounced from the $3 trillion market cap club after shares fall more than 8%
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker’s shares slumped more than […]
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House Judiciary Committee subpoenas Alphabet, Meta, other tech giants over ‘foreign censorship’ of speech
Rep. Jim Jordan (R-OH) is interviewed by FOX and Friends at the U.S. Capitol on Jan. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images House Judiciary Chair Jim Jordan, R-Ohio, sent subpoenas to eight technology companies asking for more information about their communications with foreign governments over concerns that they seek to “censor […]
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Paramount ends DEI policies, cites Trump executive order
The Paramount Global headquarters in New York on Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount said it would comply with President […]
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Katy Perry, Lauren Sanchez and Gayle King will crew Jeff Bezos’ next Blue Origin spaceflight
Katy Perry performs during the opening ceremony of the 2025 Invictus Games at BC Place on February 08, 2025 in Vancouver, British Columbia. Samir Hussein | Wireimage | Getty Images Singer Katy Perry and CBS’ Gayle King will join Jeff Bezos’ fiancee Lauren Sanchez on his rocket company Blue Origin’s next crewed mission. The company […]
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