Technology
OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI is telling investors that it’s now targeting roughly $600 billion in total compute spend by 2030, months after CEO Sam Altman touted $1.4 trillion in infrastructure commitments. The artificial intelligence company is providing a […]
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National Parent Teacher Association breaks ties with Meta amid child-safety trials
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images The National Parent Teacher Association is splitting with Meta as the social media giant’s high-profile child-safety […]
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Microsoft gaming chief Phil Spencer retires, replaced by ex-Instacart exec Asha Sharma
Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft’s head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company faces increased challenges in its Xbox business. […]
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How the Supreme Court’s decision affects Apple and its $3.3 billion tariff bill
Tim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025. Bloomberg | Getty Images Apple’s tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following the Supreme Court decision […]
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Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 14% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide […]
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Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs
E-commerce stocks that were exposed to President Donald Trump’s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which […]
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Tesla loses bid to toss $243 million verdict in fatal Autopilot crash suit
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, Nov. 19, 2025. Evelyn Hockstein | Reuters A federal judge in Miami denied Tesla’s bid to toss out a $243 million verdict in a lawsuit that requires the automaker to compensate the family of a 2019 fatal Autopilot crash victim as well as a survivor. The […]
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Jim Cramer says this hot tech stock can help solve America’s energy problems
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks reversed higher after the Supreme Court on Friday struck down the bulk of President Donald Trump’s tariffs . The S & P 500 had been down earlier in […]
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Privacy is at the center of child safety accusations against Apple and Meta. Here’s why
Meta CEO. Mark Zuckerberg and Apple Inc. CEO, Tim Cook. Jon Putman | Anadolu | Al Drago | Bloomberg | Getty Images Tech’s child safety record is under a microscope. In legal proceedings spanning California, New Mexico and West Virginia this week, Meta CEO Mark Zuckerberg and Apple CEO Tim Cook are facing questions about […]
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From ‘vanlords’ to safe parking sites: How RVs became Silicon Valley’s housing safety net
Parked along industrial streets, tucked behind warehouses and clustered in residential neighborhoods, thousands of Bay Area residents are living in one of the only forms of housing they can afford: RVs. Across California, the number of people living in vehicles has surged in recent years, as soaring rents and a chronic housing shortage have pushed […]
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