Breaking News: Technology

CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’
World

CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’

George Kurtz, co-founder and chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 8, 2017. Patrick T. Fallon | Bloomberg | Getty Images Cybersecurity software maker CrowdStrike said Wednesday it plans to lay off 500 employees, representing about 5% of its workforce, a move CEO […]

Read More
Netflix unveils revamped homepage and app with OpenAI-powered search tool
Business

Netflix unveils revamped homepage and app with OpenAI-powered search tool

Netflix launching an innovative new TV experience featuring enhanced design, responsive recommendations and a new way to search. Courtesy: Netflix Netflix unveiled a redesigned homepage experience on Wednesday with the aim of making searching for shows and movies easier for its members. The user experience revamp goes beyond the TV screen. Netflix is also making […]

Read More
Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines
Technology

Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines

Eddy Cue, senior vice president of internet software and services at Apple Inc., speaks during a keynote session at the South By Southwest (SXSW) conference in Austin, Texas, U.S., on Monday, March 12, 2018. David Paul Morris | Bloomberg | Getty Images Alphabet and Apple shares sank Wednesday after Eddy Cue, Apple’s services chief, said […]

Read More
Figma introduces ‘vibe-coding’ AI software design feature
Technology

Figma introduces ‘vibe-coding’ AI software design feature

From left, Steven Levy, Wired editor at large, and Dylan Field, co-founder and CEO of Figma, speak onstage at Wired’s The Big Interview event in San Francisco on Dec. 3, 2024. Kimberly White | Wired | Getty Images Design software startup Figma on Wednesday debuted an artificial intelligence feature to automate the process of building […]

Read More
AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls
Technology

AMD CEO Lisa Su calls China a ‘large opportunity’ and warns against strict U.S. chip controls

Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans loom over the world’s second-largest economy. “There should be a balance between export controls for national security as well as ensuring that we get the widest possible […]

Read More
Uber misses revenue expectations with trips up 18% over last year
Travel

Uber misses revenue expectations with trips up 18% over last year

Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | Reuters Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here’s how Uber did versus […]

Read More
Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers
Technology

Amazon says new warehouse robot can ‘feel’ items, but won’t replace workers

There’s a new warehouse robot at Amazon that has a sense of touch, allowing it to handle a job previously only done by humans. Amazon unveiled the robot, called Vulcan, Wednesday at an event in Germany. CNBC got an exclusive first look at Vulcan in April, as it stowed items into tall, yellow bins at […]

Read More
Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand
World

Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand

Seagate Technology’s headquarters in Scotts Valley, California. Tony Avelar | Bloomberg | Getty Images Data storage firm Seagate is working to develop a 100-terabyte hard drive by 2030, touting blistering demand from data centers for the 70-year-old technology in the artificial intelligence boom. BS Teh, Seagate’s chief commercial officer, told CNBC that the company is […]

Read More
CATL likely to offer less than 10% discount for  billion Hong Kong listing: Reuters
World

CATL likely to offer less than 10% discount for $5 billion Hong Kong listing: Reuters

CATL booth is seen during the 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025) at the National Exhibition and Convention Center (Shanghai) on April 26, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Prospective investors in Chinese battery giant CATL’s Hong Kong listing to raise about $5 billion have been told […]

Read More
Uber CEO says changing employee benefits ‘is a risk we decided to take’
Technology

Uber CEO says changing employee benefits ‘is a risk we decided to take’

Uber CEO, Dara Khosrowshahi speaks during the “Intentional Equity in Sustainability” conversation at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Uber CEO Dara Khosrowshahi last week told employees “it is what it is” at a heated all-hands meeting after the […]

Read More