Breaking News: Technology
Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
Key Points Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January, but tariff concerns put the market on […]
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AMD announces $6 billion buyback; shares climb 6%
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 6%. The authorization is […]
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Chinese startup Pony.ai reports first robotaxi fire, no injuries
A Pony.ai autonomous car. Pony.ai BEIJING — One of Pony.ai‘s robotaxis caught fire for the first time on Tuesday, with no people harmed in the incident, the U.S.-listed Chinese startup told CNBC. The company did not disclose the reason behind the fire. Videos purporting to show the incident in Beijing had circulated on social media. […]
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Airbnb CEO Brian Chesky on AI: The future is going to be more complex, not simpler
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the launch of its redesigned app, the debut of services and experiences within the app, the company’s remote work policy, state of the consumer, New York City’s crackdown on the company, what led […]
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Databricks is buying database startup Neon for about $1 billion
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics startup Databricks said Wednesday that it’s buying Neon, a cloud-based database software vendor, for about $1 billion. It’s the latest big deal for Databricks, which bought artificial intelligence model training startup MosaicML for $1.3 billion in 2023 and paid over $1 billion last year for data […]
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Airbnb CEO Brian Chesky: Still seeing consumers spend a lot of money despite concerns over economy
Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the launch of its redesigned app, the debut of services and experiences within the app, the company’s remote work policy, state of the consumer, New York City’s crackdown on the company, and more. Source
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Airbnb CEO Brian Chesky on new ‘everything app’: Today is just the beginning of a new chapter
Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the launch of its redesigned app, the debut of services and experiences within the app, the company’s remote work policy, and more. Source
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AI research takes a backseat to profits as Silicon Valley prioritizes products over safety, experts say
Sam Altman, co-founder and CEO of OpenAI and co-founder of Tools for Humanity, participates remotely in a discussion on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., April 24, 2025. Brendan Smialowski | AFP | Getty Images Not long ago, Silicon Valley was where the world’s leading artificial intelligence experts went to […]
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Baidu’s robotaxi unit plans Europe expansion
More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to be completely autonomous in coming quarters. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu‘s Apollo Go robotaxi business plans to expand […]
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Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
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 on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming […]
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