Internet
DocuSign stock tanks 18% after company cuts billings outlook
Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign tanked 18% in trading Friday, a day after the e-signature provider reported stronger-than-expected earnings but slashed its full-year billings outlook. Here’s how the company performed in its fiscal first quarter, compared with estimates from analysts polled by LSEG: Earnings per share: 90 cents, adjusted, vs. […]
Read More
Omada Health prices IPO at $19 per share, in middle of expected range
Omada Health virtual health program. Courtesy: Omada Health Omada Health priced its IPO at $19 per share on Thursday, in the middle of the expected range. The virtual chronic care company said in a press release that 7.9 million shares are being sold in the offering, amounting to $150 million. Omada, founded in 2012, will […]
Read More
Amazon’s R&D lab forms new agentic AI group
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday. The team will be based in Lab126, the stealthy Silicon […]
Read More
Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’
Mateusz Slodkowski | Lightrocket | Getty Images Reddit is suing artificial intelligence startup Anthropic for what it’s calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company’s platform and data without authority. The lawsuit, filed in San Francisco on Wednesday, claims that Anthropic has been […]
Read More
OpenAI tops 3 million paying business users, launches new features for workplace
Sam Altman, co-founder and CEO of OpenAI, speaks during the New York Times annual DealBook Summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported […]
Read More
Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research
The Apple store on 5th Avenue is seen in New York on April 8, 2025. Timothy A. Clary | Afp | Getty Images Forecasts for Apple and Samsung shipment growth this year were sharply slashed by Counterpoint Research on Wednesday amid uncertainty over U.S. tariff policy. The research outfit said it had revised down its […]
Read More
Donald Trump Jr. distances himself from $TRUMP meme coin: ‘I wasn’t involved’
Donald Trump Jr. is distancing himself from his father’s meme coin — while defending the family’s broader foray into crypto as a response to being frozen out of the traditional banking system. “I wasn’t involved in the meme coin,” Trump Jr. said in an interview on CNBC’s “Squawk Box.” “I’m more focused on the stablecoin, […]
Read More
Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
The Texas flag flies outside TDECU Stadium in Houston, Oct. 21, 2023. Tim Warner | Getty Images Sport | Getty Images Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a […]
Read More
Nvidia’s Jensen Huang says Nintendo Switch 2 has dedicated AI processors
An attendee wearing a cow costume while playing Mario Kart World by Nintendo Switch 2 during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. Isabel Infantes | Reuters Nvidia CEO Jensen Huang on Tuesday talked up the capabilities of Nintendo‘s new Switch 2, […]
Read More
AI, trade and $24 socks: Inside the inaugural SXSW in London
SXSW had branding all around the neighbourhood of Shoreditch in London. Arjun Kharpal | CNBC South by Southwest (SXSW) may be a well-known event in the United States, but it certainly hasn’t reached the same level of recognition in Britain. “What’s that?” asked a pedestrian who was passing by a SXSW London sign. SXSW is […]
Read More