Amazon.com Inc
Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday. The messages were similar, with CEOs remarking that they wish Trump success when he returns to the Oval Office, and look forward to working with his administration. Amazon founder and executive chairman […]
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Google curbs politics discussion among employees on U.S. Election Day
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google has been moderating and removing employees’ internal election-related conversations, CNBC has learned. Ahead of Tuesday’s U.S. elections, Google executives warned employees to keep political opinions and statements away from a popular internal discussion forum called Memegen, according to correspondence viewed by CNBC. […]
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Amazon CEO Andy Jassy denies that 5-day office mandate is a ‘backdoor layoff’
Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Amazon CEO Andy Jassy denied speculation that the company’s five-day in-office mandate was made to further reduce head count […]
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Amazon gets FAA approval for new delivery drone as it begins tests in Arizona
Amazon said Tuesday it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its long-running efforts to get the futuristic program off the ground. The company unveiled the new drone, called the MK30, in November 2022. It said then that the MK30, in addition to the […]
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Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024. Nathan Howard | Bloomberg | Getty Images Technology companies’ push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. The Federal […]
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The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge
Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images At around $23 a share, Intel is no longer a viable member of the Dow Jones Industrial Average. That was the conclusion of the S&P Dow Jones committee, which decides […]
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Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024 (L), and Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Reuters Physical Intelligence, a robot startup based in San Francisco, has raised $400 […]
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Barry Diller calls timing of The Washington Post’s non-endorsement a ‘blunder’
To Barry Diller, a friend of Amazon founder Jeff Bezos, the decision for The Washington Post not to endorse a candidate in tomorrow’s presidential election was “absolutely principled” — and poorly timed, he said Monday on CNBC’s Squawk Box. “They made a blunder — it should’ve happened months before, and it didn’t, and that’s the […]
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AppLovin’s 300% surge in 2024 leaves ad-tech company with big expectations for earnings
While Nvidia’s spectacular surge remains the biggest story in the technology industry, the AI chipmaker’s performance on the market has been dwarfed this year by a digital advertising company with a specialty in gaming. AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according […]
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Affirm expands buy now, pay later service to the UK, heating up local competition
Key Points Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas. Max Levchin, CEO of Affirm, told CNBC the company is seeing a lot of demand from merchants in Britain. Affirm’s arrival in the U.K. comes as the government is consulting on plans to […]
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