Technology
Amazon has lost $450 billion in value during this historic losing streak. Here’s what’s dragging it down
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026. CNBC Amazon shares whipsawed on Tuesday, as the stock attempted to make a comeback from a historic slide. Should the stock close in the red, it would mark a tenth-straight negative session, tying the company’s […]
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Lakers governor Jeanie Buss talks year of transition, says father would have supported sale to Mark Walter
Six-time NBA Champion Los Angeles Lakers owner Jeanie Buss said new majority owner Mark Walter’s access to capital will help the team best compete with the NBA’s top franchises — and that her late father, Jerry Buss, would have supported the sale. “What was important to him was that the Lakers stay at the top […]
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Cloud startup Render raises funding at $1.5 billion valuation as AI-built apps boom
Render employees, including CEO Anurag Goel, center, gather at the startup’s headquarters in San Francisco on Feb. 11, 2026. Render Venture capitalists are doubling down on Render, a startup offering easy-to-use cloud infrastructure. On Tuesday it said it has raised $100 million in funding at a $1.5 billion valuation. The lucrative cloud computing world, dominated […]
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Figma partners with Anthropic to turn AI-generated code into editable designs
Figma Inc. signage during the company’s initial public offering at the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma is partnering with Anthropic and launching a feature called “Code to Canvas” that converts code generated in artificial intelligence tools like Claude Code into fully editable designs inside […]
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Netflix grants Warner Bros. Discovery 7-day waiver to reopen deal talks with Paramount Skydance
Warner Bros. Discovery on Tuesday said it will reopen deal talks with Paramount Skydance under a 7-day waiver from Netflix to explore “deficiencies” in Paramount’s offer to buy the entirety of WBD. The legacy media company has a pending transaction with Netflix for its streaming and studio businesses. Paramount launched a hostile tender offer straight […]
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Snap to launch creator subscriptions in push to diversify revenue
Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2025. David A. Grogan | CNBC Snap is introducing a subscription feature that will allow creators to earn recurring income directly from their most engaged fans, […]
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India discussing age-based restrictions with social media firms, top minister says
Indian IT Minister Ashwini Vaishnaw takes questions from reporters at the AI Impact Summit on Feb. 17, 2026. Arjun Kharpal | CNBC NEW DELHI — India is discussing age-based restrictions with social media companies, Information Technology Minister Ashwini Vaishnaw said on Tuesday. “This is something which has now been accepted by many countries, that age-based […]
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India’s Adani to invest $100 billion in AI data centers over the next decade
The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. Amit Dave | Reuters India’s Adani on Tuesday announced plans to invest $100 billion to develop renewable energy-powered AI-ready data centers by 2035, seeking to establish the world’s largest integrated data […]
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How Jenny Johnson beat family‑name ‘bias’ to lead $1.5 trillion asset manager Franklin Templeton
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Shaped by family legacy, grit and a deep sense of responsibility, Jenny Johnson reflects on the pivotal decisions that took her from “the founder’s granddaughter” to the CEO of Franklin Templeton. Source
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Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents
Qwen3 is Alibaba’s latest large language model, which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba Group has released its newest AI model series, featuring enhanced capabilities, as it faces intensifying competition in China’s AI space with several models launched in the past week. The […]
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