Enterprise
Musk says he’s looking to put ‘proper value’ on xAI during investor call, sources say
Tesla CEO Elon Musk attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters Elon Musk is looking to put “proper value” on his artificial intelligence startup xAI, sources told CNBC’s David Faber. The comments came during a call with xAI investors last week, sources familiar […]
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The biggest questions facing Big Tech ahead of earnings
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Trump takes office for his second term as the 47th president of the U.S. Julia Demaree Nikhinson | Getty Images As tech’s megacap […]
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Meet Partiful, the Gen Z party-planning staple that’s taking on Apple
Partiful’s CEO, Shreya Murthy, and CTO, Joy Tao Courtesy: Partiful When Shreya Murthy and Joy Tao decided to launch a party-planning startup in 2020, they settled on a business goal of “bringing people together in person.” The Covid-19 pandemic demanded the exact opposite. Despite the challenge of the pandemic, Partiful survived, and five years later, […]
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Nintendo Switch 2 retail preorder to begin April 24 following tariff delays
An attendee wearing a Super Mario costume uses a Nintendo Switch 2 game console while playing a video game during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. Isabel Infantes | Reuters Nintendo on Friday announced that retail preorder for its Nintendo Switch […]
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Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival
Precision Neuroscience’s Layer 7 Cortical Interface Courtesy of Precision Neuroscience Neurotech startup Precision Neuroscience on Thursday announced that a core component of its brain implant system has been approved by the U.S. Food and Drug Administration, a major win for the four-year-old company. Precision is building a brain-computer interface, or a BCI, which is a […]
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Judge finds Google holds illegal online ad tech monopolies
Alphabet‘s Google illegally dominated two markets for online advertising technology, a federal judge said on Thursday, dealing another blow to the tech titan in an antitrust case brought by the U.S. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, ruled that Google unlawfully monopolized markets for publisher ad servers and the market for ad exchanges […]
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23andMe bankruptcy under congressional investigation for customer data
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images The House Committee on Energy and Commerce is investigating 23andMe’s decision to file for Chapter 11 bankruptcy protection and has expressed concern that its sensitive genetic data is “at risk of being compromised,” CNBC has […]
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Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-small | Reuters Technology stocks declined Wednesday, led by a 8% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand […]
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AMD expects $800 million hit from U.S. chip restrictions on China
Lisa Su, CEO of AMD, attends the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 10, 2025. Benoit Tessier | Reuters Shares of Advanced Micro Devices slid more than 5% on Wednesday after the company said it could incur charges of up to $800 million for exporting its MI308 products to China […]
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Figma confidentially files for IPO more than a year after ditching Adobe deal
Dylan Field, co-founder and chief executive officer of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Thursday, July 11, 2024. The annual event has been a historic breeding ground for media deals and is usually a forum for tech and media elites […]
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