Meta Platforms Inc
Google cuts more than 100 design-related roles in cloud unit
Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Google has laid off more than 100 employees in design-related roles, CNBC has learned. Earlier this week, the company laid off employees within the cloud unit’s “quantitative user experience research” […]
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Meta greenlights Facebook, Instagram ads based on your AI chats
Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta will soon show ads and other content to users based on their interactions with the company’s digital assistant and […]
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CNBC Daily Open: A September no investor wanted to sleep on
A trader works on the floor of the New York Stock Exchange on Sept. 30th, 2025. NYSE The U.S. government will shut down on Oct. 1 stateside. Around 750,000 federal employees— including those in the Bureau of Labor Statistics — will be furloughed, according to the Congressional Budget Office. That means September’s jobs report will […]
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Nvidia’s market cap tops $4.5 trillion after string of AI infrastructure deals
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia shares reached a fresh record on Tuesday, climbing almost 3% and lifting the chipmaker’s market cap past $4.5 trillion. The stock is now up about 39% for the year, and continues to […]
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Stocks making the biggest moves premarket: CoreWeave, Firefly Aerospace, Instacart, Wolfspeed and more
Check out the companies making the biggest moves in premarket trading: Firefly Aerospace — The space technology company’s stock fell 10% after one of its rocket boosters exploded during preflight testing at its Texas facility. Firefly Aerospace said no other facilities were affected and it is assessing the impact of the explosion. Wolfspeed — The […]
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CoreWeave stock climbs 10% after company lands $14 billion deal with Meta
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters Shares of CoreWeave popped more than 10% in premarket trading on Tuesday after the company announced it has agreed […]
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AI chip company Cerebras raises $1 billion in pre-IPO funding round
Cerebras CEO Andrew Feldman, front row, second from left, participates in a ribbon-cutting ceremony for the company’s data center in Oklahoma City on Sept. 22, 2025. Cerebras AI chipmaker Cerebras filed to go public exactly a year ago. The company has yet to take the plunge, but has now bought itself more time to stay […]
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YouTube agrees to pay Trump $24.5 Million to settle lawsuit over suspended account
U.S. President Donald Trump reacts, as he arrives at Joint Base Andrews, Maryland, U.S., September 26, 2025. Elizabeth Frantz | Reuters YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump’s account following the U.S. Capitol riots on Jan. 6, 2021. The settlement “shall not constitute an […]
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How a ‘nudify’ site turned a group of friends into key figures in a fight against AI-generated porn
In June of last year, Jessica Guistolise received a text message that would change her life. While the technology consultant was dining with colleagues on a work trip in Oregon, her phone alerted her to a text from an acquaintance named Jenny, who said she had urgent information to share about her estranged husband, Ben. […]
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Ex-Meta global affairs chief says tech should stay out of politics
Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel “uneasy” about those firms intervening in the public space. “I generally don’t think that politics and tech innovation mixes very well,” Clegg told CNBC’s “Squawk Box.” “I think it’s quite good when they kind […]
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