Technology
OpenClaw demand in China is driving up the price of used MacBooks
Key Points Jeremy Ji, chief strategy officer at ATRenew, told CNBC that the consumer electronics reseller is seeing more people trade-in their older MacBooks for a more powerful one. The increased demand comes as people in China rush to try the new OpenClaw artificial intelligence agent. Ji declined to share exact volume of MacBooks processed, […]
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Alibaba revenue misses estimates in December quarter as net income drops 66%
Chinese tech giant Alibaba on Thursday reported net income had dropped 66% year-over-year, as it missed analyst revenue expectations. Here’s how Alibaba performed its fiscal quarter, ending Dec. 31, 2025: Revenue: 284.8 billion Chinese yuan ($41.4 billion), compared to the 290.7 billion Chinese yuan expected by analysts, according to data compiled by LSEG. Net income: […]
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Chip buyers in Europe are paying more and tapping backup stores as Iran war hits air freight
European companies that import semiconductors from Asia are tapping into backup stores and paying more for deliveries as the Iran war causes disruption to air freight routes through the Middle East, industry insiders have told CNBC. The Iran war has caused turmoil to cargo routes as shipping and airports have been targeted since the war […]
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How China is getting everyone on OpenClaw, from gear heads to grandmas
China is making a big push for widespread adoption of artificial intelligence, and the nation’s tech powerhouses are holding public events to help everyday people get OpenClaw, the viral personal digital assistant. “It seems everyone around me – my colleagues and friends — has it,” new user Gong Sheng said as he waited to get […]
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Micron revenue almost triples, tops estimates as demand for memory soars
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron said revenue almost tripled in the latest quarter as results topped analysts’ estimates. Here’s how the company did relative to LSEG consensus: Earnings per […]
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Amazon says U.S. Postal Service ‘walked away at the eleventh hour’ in negotiations
An amazon worker unloads packages on November 29, 2024 in New York City. David Dee Delgado | Getty Images Amazon on Wednesday addressed its business relationship with the U.S. Postal Service, saying in a blog post that recent contract renewal negotiations with the carrier fell apart in December when it “abruptly walked away at the […]
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Meta is shutting down VR social platform Horizon Worlds in further pivot away from the metaverse
The Meta Horizon Worlds logo is displayed on a smartphone screen, and the Meta logo is in the background in Chania, Greece, on Aug. 9, 2024. Nikolas Kokovlis | Nurphoto | Getty Images Meta announced Tuesday that it is shutting down Horizon Worlds, the virtual reality social network for Quest VR headsets that was once […]
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Meta will pay Instagram, TikTok and YouTube creators with big followings to post on Facebook
Mark Zuckerberg attends the UFC 320 event at T-Mobile Arena in Las Vegas, Oct. 4, 2025. Chris Unger | Ufc | Getty Images Meta on Wednesday launched a new program aimed at luring top creators from TikTok and YouTube to Facebook, offering guaranteed pay and boosted reach. The Creator Fast Track program offers social media […]
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How the red-hot AI data center boom is igniting demand for a new, lucrative career path: trade workers
Demand for new AI data centers is surging, but they can’t build themselves. Big Tech is funneling billions into building out these specialized facilities, with the four hyperscalers, Alphabet, Microsoft, Meta, and Amazon, committing nearly $700 billion in combined capex spending this year to fund these developments. Amazon said last month that it’s committing $12 […]
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Bain Capital taps buyer interest for Bridge Data Centres, offering up to 70% stake, sources say
Bain Capital has started reaching out to potential buyers for its stake in Bridge Data Centers, according to two people familiar with the matter, as the private equity firm eyes exits amid rising demand for AI infrastructure. Citigroup and JPMorgan are running the sale process and have sent out preliminary marketing materials to investors to […]
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