The Google headquarters in Mountain View, California, Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will impact employees within Google’s hardware … Read more
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for the week, bringing the company’s market cap to $2.89 trillion, while … Read more
C.E.O. of Tesla, C.E.O. of SpaceX and C.T.O. of X Elon Musk speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Elon Musk’s social media platform X, formerly known as Twitter, announced it will launch peer-to-peer payments this year, according to … Read more
Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state regulators announced Friday. … Read more
Yusuf Mehdi, Microsoft’s consumer chief marketing officer, speaks during an event at the company’s headquarters in Redmond, Washington, on Feb. 7, 2023. Chona Kasinger | Bloomberg | Getty Images Microsoft on Thursday said keyboards on upcoming Windows PCs will feature a Copilot key for having text conversations with the software maker’s virtual assistant. It’s one … Read more
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, which makes machines that are critical to … Read more
Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner for investors this year in the generative AI boom was Nvidia. The company’s stock price rocketed 234% as demand soared for the chipmaker’s processors that … Read more
A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. Spencer Platt | Getty Images The electric scooter company Bird, once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal … Read more
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one of … Read more
The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images DocuSign shares rose as much as 15% and closed up 12% on Friday after the Wall Street Journal reported the e-signature software … Read more
