Internet
Google was at risk of losing its dominance — until it promoted this AI executive
Josh Woodward, VP of Google Labs, addresses the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | AFP | Getty Images Josh Woodward may not be a household name in Silicon Valley. But inside Google, everybody knows about him. The 42-year-old Oklahoma native, who started at […]
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Former Trump advisor Dina Powell McCormick leaves Meta board after eight-month stint
Dina Powell McCormick, who was a member of President Donald Trump’s first administration, has resigned from Meta’s board of directors. Powell McCormick, who previously spent 16 years working at Goldman Sachs, notified Meta of her resignation on Friday, according to a filing with the SEC. The filing did not disclose why McCormick was stepping down from […]
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Google’s boomerang year: 20% of AI software engineers hired in 2025 were ex-employees
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images With the AI talent wars heating up between companies like OpenAI, Meta and Anthropic, one way Google has been competing is by aggressively rehiring […]
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Palo Alto Networks announces multibillion-dollar deal with Google Cloud
Palo Alto Networks will migrate key internal workloads to Google Cloud as part of a new multibillion-dollar agreement, the companies announced on Friday. The companies said the deal is an expansion of their existing strategic partnership and will deepen their engineering collaboration. Palo Alto Networks is now using Google’s Gemini artificial intelligence models to power […]
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Instacart to pay $60 million to settle FTC claims it deceived customers
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused […]
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OpenAI in talks with Amazon about investment that could exceed $10 billion
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed […]
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Alphabet-owned Waymo in talks to raise $15 billion in funding
Waymo co-CEOs (L-R): Tekedra Mawakana and Dmitri Dolgov Waymo Self-driving car company Waymo is in talks to raise $15 billion in funding in the new year. The robotaxi company plans to raise billions from Alphabet, its parent company, as well as outside investors at a valuation as high as $110 billion, according to a person […]
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Instagram TV app coming to Amazon Fire streaming device
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram users will now be able to watch Reels short-form videos on bigger screens. Meta said Tuesday that the company will begin testing its Instagram for TV app in […]
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Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’
Colin Angle, co-founder and CEO of iRobot Corp., speaks during a Prime Air delivery drone reveal event in Las Vegas, June 5, 2019. Joe Buglewicz | Bloomberg | Getty Images Colin Angle, co-founder and former CEO of iRobot, on Monday said the company’s move to declare bankruptcy was “profoundly disappointing” and “nothing short of a […]
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OpenAI poaches Google executive to lead corporate development
Samuel Boivin | Nurphoto | Getty Images OpenAI has hired Google’s Albert Lee to lead corporate development, a spokesperson for the artificial intelligence startup confirmed to CNBC. Lee previously led corporate development for Google Cloud and Google DeepMind. He worked on several of Google’s high-profile acquisitions, including its $32 billion purchase of the cloud security […]
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