Breaking News: Technology
Databricks obtains $1.8 billion in additional debt ahead of IPO
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now sits on over $7 billion in debt, the person added. The company declined to comment. Databricks is among the highly valued technology companies that are primed […]
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The future of shopping has arrived — and Google wants to run it
Alphabet ‘s Google has moved beyond the search bar, positioning itself as the lead architect of “agentic commerce.” In this new world, AI not only suggests what you buy but executes the purchase for you. For years, online retail has operated under a predictable platform: Shoppers search, click through the results, and complete checkout on […]
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Pardoned Binance founder Zhao says his business relationship with the Trumps was ‘misconstrued’
Binance founder Changpeng “CZ” Zhao said that his business relationship with President Donald Trump’s family has been “misconstrued” in the wake of his pardon. “There’s no business relationships whatsoever,” Zhao told CNBC’s Andrew Ross Sorkin Thursday in an interview at the World Economic Forum in Davos, Switzerland. The former Binance CEO served four months in […]
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A former Trump official wants to build a massive data center in a remote corner of Greenland. Will it work?
A former official of U.S. President Donald Trump’s first administration is planning a multi-billion-dollar data center project in a remote corner of Greenland, as hyperscalers scramble to build out capacity across the globe to keep up with the AI rollout. The data center is aiming to be operational at 300 megawatts (MW) by mid-2027, before […]
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Intel stock drops 14% as manufacturing troubles overshadow earnings beat
The Intel logo is visible at the India Mobile Congress 2025 in Delhi, India, on October 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged 14% Friday after the chipmaker issued lackluster guidance and warned of a supply shortage. During a fourth-quarter earnings call with analysts on Thursday, CEO Lip-Bu Tan said […]
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TikTok was thriving in the U.S., even before a joint venture saved it from a potential ban
TikTok discussions overshadowed U.S.-China tariff negotiations during the latest round of talks. Anna Barclay | Getty Images News | Getty Images TikTok has just announced a new U.S. venture that will keep it operating there after years of concerns about its links to China. But even as it was nearly banned and faced scrutiny from […]
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This year could be ‘make or break’ for OpenAI as investors turn their eyes to profit
Key Points Investor scrutiny is set to increase this year as AI foundation model developers chart their way to becoming public companies, analysts said. It will be a “make or break” year for such companies, and OpenAI looks particularly “extended,” according to a Deutsche Bank note. “The key question is whether enterprise monetization, pricing power, […]
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Xiaomi announces HK$2.5 billion buyback as competition and cost pressures weigh on stock
Xiaomi logo at an exhibition in Hangzhou, Zhejiang Province, China on November 1, 2025. Cfoto | Future Publishing | Getty Images Chinese tech giant Xiaomi saw its shares pop over 2% in trading on Friday after it announced a stock buyback program worth up to HK$2.5 billion ($321 million). The repurchase plan comes as the […]
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Nvidia’s Huang to visit China as AI chip sales stall
Nvidia founder and CEO Jensen Huang (R) speaks next to BlackRock chairman and WEF co-chairman Larry Fink during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Fabrice Coffrini | Afp | Getty Images BEIJING — Nvidia CEO Jensen Huang plans to visit China in the coming days ahead of the […]
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TikTok forms U.S. joint venture, names a CEO
The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty Images TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the United States. The short-form video company […]
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