Technology
Space stocks rally on reports of SpaceX’s imminent IPO filing
A screen displays the Firefly Aerospace logo during the company’s IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Jeenah Moon | Reuters Space stocks soared Wednesday following a report that Elon Musk’s SpaceX could file to go public as soon as this week. Satellite designer AST SpaceMobile and Rocket Lab […]
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Microsoft’s diversity chief is leaving as company continues ‘AI-powered transformation’
The Microsoft corporate logo is illuminated at the Fira Gran Via booth during the Mobile World Congress in Barcelona, Spain, on March 5, 2026. Joan Cros | Nurphoto | Getty Images Microsoft chief diversity officer Lindsay-Rae McIntyre is the latest executive to leave the software company as it enacts human resources changes to capitalize on […]
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Jury in Los Angeles reaches verdict in blockbuster Meta, YouTube social media trial
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 A jury has reached a verdict in a major trial involving Meta and Google that could […]
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UK government to trial social media ban for hundreds of teens
In this photo illustration a 13-year-old teenage boy looks at an iPhone screen displaying various social media apps on January 12, 2026 in Bath, England. Matt Cardy | Getty Images News | Getty Images The U.K. government is trialing a social media ban for hundreds of teens, after the country’s lawmakers rejected a blanket ban […]
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New Mexico seeking changes to Meta’s platform after jury finds company liable
New Mexico is continuing to seek changes from Meta following a jury’s decision to hold the company liable for failing to safeguard children on its platforms, Attorney General Raúl Torrez told CNBC on Wednesday. “We’re going to be asking for injunctive relief,” Torrez said on CNBC’s “Squawk Box” about the next phase of the trial […]
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Hugo Barra’s return to Meta 5 years after exit underscores Zuckerberg’s AI urgency
Hugo Barr, formerly VP of VR at Facebook, has returned to Meta Money Sharma | AFP | Getty Images During Hugo Barra’s first stint at Meta — still known at the time as Facebook — he was a top executive in the virtual reality business. In the nearly five years he’s been gone, Meta’s obsession […]
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Legal AI startup Harvey valued at $11 billion in funding round, as VCs spread bets beyond model companies
Harvey co-founders Winston Weinberg and Gabe Pereyra. Courtesy of Harvey With OpenAI and Anthropic soaring to a combined valuation of more than $1 trillion, some in the artificial intelligence industry fear that the two big model companies are sucking up so much of the value that there won’t be much left for other startups. Harvey […]
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Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue
Rene Haas, chief executive officer of Arm Holdings Plc, holds the AGI CPU chip during the Arm Everywhere event in San Francisco, California, US, on Tuesday, March 24, 2026. David Paul Morris | Bloomberg | Getty Images Arm jumped in early market trading Wednesday after the company said its newly released in-house chip would generate […]
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SK Hynix files confidentially for U.S. listing as it rides ‘unprecedented growth’ in memory market
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images SK Hynix revealed Wednesday that it made a confidential filing with the U.S. Securities and Exchange Commission for a potential listing on Wall Street […]
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Meta makes ‘big bet’ on top leaders with stock options as pressure builds to catch up in AI
Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating […]
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