Tag Archives: CNBC

Tesla shares dip in premarket trade after reports the firm will lay off more than 10% of global workforce

Tesla shares were down over 1% in premarket trade Monday on media reports that the automaker will lay off more than 10% of its global workforce.

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Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit

British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.

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OpenAI opens its first Asia office in Japan as a ‘first step’ in its commitment to the region

ChatGPT developer OpenAI opened its first Asian office in Tokyo, Japan as the company aims to expand its global presence.

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Apple CEO Tim Cook visits Vietnam — one of the iPhone giant’s most important manufacturing hubs

Apple has been looking to reduce its reliance on China for its product assembly, with India and Vietnam emerging as key locations.

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Apple iPhone first-quarter shipments sink as Chinese challengers rise; Samsung regains top spot

Among the top five smartphone brands in the report, Apple recorded the sharpest decline year on year.

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How Spotify AI plans to know what’s going on inside your head, and find the right track for it

With over 100 million tracks, the musical journey on Spotify can be daunting. Most listeners stick to established patterns, but AI wants to change that.

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How the U.S. government is regulating artificial intelligence

The U.S. government is conducting research and risk assessment as large language models improve labor productivity within industries such as financial services.

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Tesla slashes price of its premium driver assistance option by half in U.S.

Tesla CEO Elon Musk posted on X on Friday that the company is cutting the price of its Full Self-Driving, or FSD, package in half to $99 a month.

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Health records giant Epic cracks down on startup for unauthorized sharing of patient data

Epic Systems, the electronic health records giant, cut off its data supply to Particle Health, claiming the startup was using information in unauthorized ways.

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Google removing links to California news websites as part of test in response to pending legislation

Google will begin removing links to California news websites from search results for some Californians after legislation was introduced last year.

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