Technology
Singapore ride-hailing firm Grab beats on revenue, pulls forward profitability timeline
The headquarters of Grab Holdings Ltd., in Singapore. Grab Holdings Ltd., reported its latest earnings on Feb. 23, 2023. Bryan van der Beek | Bloomberg | Getty Images Singapore-based ride-hailing and food delivery giant Grab on Thursday posted strong revenue growth and narrowed losses in its latest earnings report. The company reported that revenue for […]
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Samsung targets satellite-enabled smartphone chips right after surprise Apple iphone 14 aspect
A Samsung Galaxy S23 Extremely smartphone. SeongJoon Cho | Bloomberg by way of Getty Images Samsung on Thursday mentioned it has designed a program that will enable smartphone users to ship knowledge by using satellite, intensifying the race among tech companies to join telephones to non-terrestrial networks. New modem technology from the South Korean buyer […]
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DOJ reportedly probes Google Maps, introducing to sprawling antitrust worries
CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Illustrations or photos The Section of Justice has renewed its aim on Google Maps, including to its currently-sprawling antitrust investigation into the company, Politico and Bloomberg claimed on Wednesday. The DOJ is homing in on […]
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Nvidia shares up 13% on earnings and bullish outlook on A.I.
Nvidia CEO Jensen Huang donning his regular leather-based jacket. Getty Nvidia shares are poised to open up about 13% Thursday early morning, a working day immediately after the chipmaker claimed a beat on the leading and base line. Analysts are also bullish on the company’s A.I. vision. Nvidia reported $6.05 billion in earnings for the […]
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Nikola’s fourth-quarter revenue falls short as it delivers just 20 trucks
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it produced 133 battery-electric trucks in the fourth quarter, but delivered just 20 to dealers, generating revenue that fell well short of Wall Street’s expectations. Nikola said it made a series of changes to its battery-electric truck during the quarter in response […]
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Baidu claims its substitute to ChatGPT is coming to the general public in March
Baidu’s co-founder and CEO Robin Li provides a keynote speech at the opening session of Baidu’s annual AI developers conference Baidu Produce 2019 in Beijing, China, July 3, 2019. Sunlight Yilei | Reuters BEIJING — Chinese tech huge Baidu reported Wednesday its artificial intelligence product or service Ernie bot is established to open to the […]
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Google asks some employees to share desks amid office downsizing
Alphabet CFO Ruth Porat FABRICE COFFRINI | AFP | Getty Images Google is inquiring cloud staff members and partners to share their desks and alternate times with their desk-mates starting up coming quarter, citing “genuine estate efficiency,” CNBC has figured out. The new desk-sharing product will utilize to Google Cloud’s five major U.S. locations — […]
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CNBC Everyday Open: Markets slide as the Fed demonstrates no signal of pivoting absent from curiosity level hikes
Federal Reserve Board Chairman Jerome Powell speaks during a news convention after a Federal Open Current market Committee meeting on February 01, 2023 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Photographs This report is from today’s CNBC Everyday Open, our new, global markets e-newsletter. CNBC Daily Open brings traders up to […]
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Nvidia stock rises just after slight beat pushed by A.I. chips
Nvidia Corp CEO Jensen Huang retains one particular of the firm’s new RTX 4090 chips for laptop gaming in this undated handout photograph provided September 20, 2022. Nvidia Corp | by using Reuters Nvidia inventory rose on Wednesday soon after the corporation claimed a little larger revenue and internet money than Wall Avenue predicted, irrespective […]
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Supreme Court considers regardless of whether Twitter can be held liable for failing to remove terrorist information
The Supreme Courtroom heard arguments Wednesday in a scenario that will support establish whether social media platforms can be held liable for aiding and abetting terrorism for failing to remove material and accounts promoting it. The arguments in Twitter v. Taamneh follow these in a situation with related facts, Gonzalez v. Google, that explores whether […]
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