Tag Archives: CNBC

South Korea says DeepSeek transferred user data to China and the U.S. without consent

South Korea’s data protection authority has accused Chinese AI startup DeepSeek of transferring the personal information of users without permission. 

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Adobe to launch mobile app for AI image generation tool as OpenAI steps up rivalry

Adobe said Thursday that it will release its Firefly AI image generator on both iOS and Android “soon,” without giving a specific date.

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British fintech Revolut tops $1 billion in profit as revenue jumps 72%

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.

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SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

South Korea’s SK Hynix beat quarterly revenue and operating profit estimates, with demand from artifical intelligence remaining robust.

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Trump meme coin surges 50% after top holders offered dinner with the president

President Trump’s digital coin surged in value after the top 220 holders were promised a dinner with the president.

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IBM beats on earnings and revenue, maintains full-year guidance

IBM is sticking with its expectations for 2025 despite a “fluid” economic environment.

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Google forcing some remote workers to come back 3 days a week or lose their jobs

Several units within Google have told remote staffers that their roles may be at risk if they don’t start showing up at the office for a hybrid work schedule.

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Discord names new CEO ahead of potential IPO as co-founder steps down

Discord co-founder Jason Citron will be replaced as CEO by Humam Sakhnini, former vice chairman of Activision Blizzard.

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PayPal introduces 3.7% yield on stablecoin balances to boost payments activity

PayPal and Venmo users will soon be able to earn yield on their stablecoin holdings, the company said Wednesday.

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Meta makes ads on Threads available to all eligible advertisers

Meta said that all “eligible advertisers globally” will be able to run ads on Threads after initial January testing with a few U.S. and Japanese companies.

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