Breaking News: Technology
British fintech Revolut reports record annual profit as it gears up for U.S. push
British fintech Revolut on Tuesday reported a record annual pretax profit, as it ramps up plans to expand into the U.S. following its long-awaited granting of a full U.K. banking license earlier this month. Profit before tax rose 57% to £1.7 billion ($2.3 billion) in 2025, compared to £1.09 billion in 2024. Group revenue increased […]
Read More
Iran Supreme Leader Mojtaba Khamenei gets another blue check on X, despite sanctions policy
FILE PHOTO: Iran’s new supreme leader, Mojtaba Khamenei, the second son of late Iran’s Supreme Leader Ayatollah Ali Khamenei, attends a rally in Tehran, Iran, May 31, 2019. Hamid Forootan | Via Reuters Iran’s Supreme Leader Mojtaba Khamenei has subscribed to X Premium on his official English-language account, despite the Elon Musk-owned company’s policy on […]
Read More
Amazon faces further AWS disruption in the Middle East from Iran conflict
PARIS, FRANCE – JUNE 11: The Amazon Web Services (AWS) logo, a division of Amazon.com’s US e-commerce group is displayed during the 9th edition of the VivaTech show at Parc des Expositions Porte de Versailles on June 11, 2025 in Paris, France. VivaTech, the biggest tech show in Europe but also in a unique digital […]
Read More
OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial […]
Read More
Microsoft stock may be in a slump. But here’s why it is wrong to give up now
Things keep lining up against Microsoft , with all roads leading back to the company’s tarnished standing as an artificial intelligence leader and how that could impact the company’s Azure cloud growth. It’s been known for some time that Microsoft’s Copilot AI assistant has been disappointing. At a time when Alphabet ‘s Gemini, OpenAI’s ChatGPT, […]
Read More
Here’s how Jim Cramer is playing Monday’s stock market rebound
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks surged Monday after President Donald Trump said the U.S. and Iran had “productive” discussions in recent days about a resolution to the Middle East conflict, and that he […]
Read More
Synopsys shares rally as activist Elliott builds multibillion-dollar stake in chip design firm
Shares of Synopsys climbed about 4% Monday as activist investor Elliott Investment Management built a multibillion-dollar stake in the company, CNBC’s David Faber confirmed. “As AI drives a step change in chip complexity and capital investment, Synopsys is uniquely positioned to benefit from this growth,” Jesse Cohn, Managing Partner at Elliott, told CNBC. “We believe […]
Read More
Sen. Warren questions DOD about Anthropic blacklist that ‘appears to be retaliation’
Senator Elizabeth Warren, a Democrat from Massachusetts, during a Senate Armed Services Committee confirmation hearing in Washington, DC, US, on Thursday, Jan. 15, 2026. Aaron Schwartz | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., said the Department of Defense’s decision to designate artificial intelligence startup Anthropic a supply chain risk “appears to be retaliation.” […]
Read More
Why Spotify AI more than music will be the secret to keeping subscribers
The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael M. Santiago | Getty Images Streaming music apps have been nudging users into the artificial intelligence era with a limited track record of success. But AI-based recommendation tools from Apple, Amazon and pure-play streaming company Spotify are […]
Read More
OpenAI’s data center pivot underscores Wall Street spending concerns ahead of IPO
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images When OpenAI CEO Sam Altman took the stage at BlackRock’s U.S. Infrastructure Summit earlier this month, he acknowledged his company is facing a harsh reality: […]
Read More