Breaking News: Technology
AMD’s Lisa Su addresses guidance concerns, says demand still accelerating for advanced chips
Advanced Micro Devices CEO Lisa Su defended the company’s lackluster forecast, telling CNBC on Wednesday that the chipmaker has seen a step up in demand over the last two to three months. Shares tanked 13% Wednesday. “What I would tell you from someone on the inside is AI is accelerating at a pace that I […]
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Anthropic says no to ads on Claude chatbot, weeks after OpenAI made move to test them
Dario Amodei, co-founder and chief executive officer of Anthropic, during a Bloomberg Television interview in San Francisco, California, US, on Tuesday, Dec. 9, 2025. David Paul Morris | Bloomberg | Getty Images Anthropic on Wednesday said its artificial intelligence chatbot Claude will remain ad-free, a decision that comes just weeks after the startup’s rival OpenAI […]
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Amazon makes Alexa+ AI assistant available to everyone in the U.S. nearly a year after launch
Alexa+ signage during an unveiling event in New York, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon on Wednesday announced it’s making Alexa+ available to everyone in the U.S., almost a year after it launched a revamped version of its digital assistant. Alexa+ has been in an “early access” preview since last […]
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Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery
Uber reported better-than-expected revenue in its fourth-quarter earnings report on Wednesday. Shares sank premarket after the release. Here’s how the company did versus LSEG consensus estimates for the period ended in December: Earnings per share: 71 cents adjusted Revenue: $14.37 billion vs. $14.32 billion estimated Revenue increased from $12 billion a year earlier, Uber said […]
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Sen. Warren, others urge FTC, DOJ to scrutinize tech AI ‘acquihire’ deals for antitrust violations
Sen. Elizabeth Warren speaks, alongside Sen. Ron Wyden, to press in the Capitol, Feb. 3, 2025. Kayla Bartkowski | Getty Images Sens. Elizabeth Warren, Ron Wyden and Richard Blumenthal called on federal agencies to scrutinize AI deals from Nvidia, Meta and Google for potential antitrust violations, in a letter shared with CNBC. The three Democrats […]
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AMD is down 9% after reporting earnings. Here’s why
Chipmaker Advanced Micro Devices (AMD) dropped 9% in early market premarket trading on Wednesday after its first-quarter forecast fell short of some analyst expectations. AMD reported revenue of $10.27 billion for the fourth quarter that topped LSEG consensus estimates of $9.67 billion on Tuesday. The company said it expects $9.8 billion in revenue for the […]
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Nintendo shares sink 10% as gaming giant faces memory shortage concerns
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches […]
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KKR and Singtel to take full ownership of data center firm STT GDC for about $5 billion
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres for 6.6 billion Singapore dollars ($5.1 billion), KKR said in a statement […]
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Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest CEO Bill Ready rebuked staffers who created an internal tool to track layoffs at the company, and fired those involved. […]
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Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft on Tuesday told employees it was promoting four sales executives, months after the software company made sales leader Judson Althoff CEO of its commercial business. Investors have been […]
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