Software

Reported global Microsoft outage leaves tens of thousands unable to access email and other apps
Technology

Reported global Microsoft outage leaves tens of thousands unable to access email and other apps

A Microsoft store in New York, US, on Friday, Oct. 25, 2024.  Jeenah Moon | Bloomberg | Getty Images Tens of thousands of users were unable to access various Microsoft programs on Saturday afternoon. “We’re investigating an issue in which users may be unable to access Outlook features and services,” Microsoft 365 Status, the official […]

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DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama
Technology

DeepSeek’s breakthrough emboldens open-source AI models like Meta’s Llama

Omer Taha Cetin | Anadolu | Getty Images DeepSeek’s powerful new artificial intelligence model isn’t just a win for China — it’s a victory for open-source versions of the tech from the likes of Meta, Databricks, Mistral and Hugging Face, according to industry experts who spoke with CNBC. Last month, DeepSeek released R1, an open-source reasoning […]

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Palantir CEO says China’s DeepSeek shows that U.S. needs ‘all-country effort’ in AI
World

Palantir CEO says China’s DeepSeek shows that U.S. needs ‘all-country effort’ in AI

Palantir CEO Alex Karp said the rise of competing artificial intelligence models such as China’s DeepSeek is a sign that the U.S. needs to work quicker to develop advanced AI. “Technology is not inherently good,” and could pose threats in the hands of adversaries, Karp told CNBC’s Sara Eisen in an interview airing Friday. “We […]

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Apple’s gross margin hits record as services business keeps growing
Technology

Apple’s gross margin hits record as services business keeps growing

Omar Marques | Lightrocket | Getty Images Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. In its fiscal first-quarter earnings report on Thursday, Apple reported a gross margin — the profit left after accounting for the cost of […]

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White House in talks to have Oracle and U.S. investors take over TikTok, NPR reports
World

White House in talks to have Oracle and U.S. investors take over TikTok, NPR reports

Photo illustration shows the TikTok logo displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app’s global operations, […]

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Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO
Technology

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence […]

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Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom
World

Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom

Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained […]

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Salesforce will hire 2,000 people to sell AI products, CEO Marc Benioff says
World

Salesforce will hire 2,000 people to sell AI products, CEO Marc Benioff says

Salesforce CEO Marc Benioff speaks at the Dreamforce conference in San Francisco on Sept. 17, 2024. David Paul Morris | Bloomberg | Getty Images Salesforce will hire 2,000 people to sell artificial intelligence software to clients, CEO Marc Benioff said on Tuesday, double the number the company indicated it was planning to add a month […]

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Southeast Asian nations battle to become the region’s top AI hub
World

Southeast Asian nations battle to become the region’s top AI hub

A woman (R) adjusts the Philippines flag before the 51st Association of Southeast Asian Nations (ASEAN)- Republic of Korea Ministerial Meeting in Singapore on August 3, 2018. Mohd Rasfan | Afp | Getty Images Southeast Asia’s emerging economies are vying to become a top AI hub — a race that has them both coming together […]

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Adobe shares plunge 13% on disappointing revenue guidance
Technology

Adobe shares plunge 13% on disappointing revenue guidance

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares fell 13% on Thursday and headed for their steepest drop since March after the software vendor issued disappointing revenue guidance. Sales in the fiscal first quarter […]

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