Tag Archives: CNBC

Former cybersecurity agency chief Chris Krebs leaves SentinelOne after Trump targets him in executive order

A week after President Trump specifically targeted Chris Krebs in an executive order, the former head of CISA has left SentinelOne.

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Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs

Trump’s tariffs have upended Temu’s business model and its advertising strategy.

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Spotify is down. Company says it is working to fix it

The music streaming giant did not provide details about the scope of the outage.

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AMD expects $800 million hit from U.S. chip restrictions on China

Advanced Micro Devices said it could incur charges of up to $800 million for exporting some products to China and other countries.

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Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls

The chipmaking sector offered up fresh signs that President Donald Trump’s sweeping tariff plans could hamper demand.

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Lyft to buy taxi app Free Now for $200 million to expand into Europe

The acquisition — Lyft’s first in Europe — is expected to close in the second half of 2025.

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Google faces £5 billion lawsuit in the UK for abusing ‘near-total dominance’ in search

A class action lawsuit filed Tuesday in the U.K. Competition Appeal Tribunal claims Google abused its position to restrict competing search engines.

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Critical chip firm ASML flags tariff uncertainty after net bookings miss

ASML reported net bookings of 3.94 billion euros ($4.47 billion) for the first quarter, versus a Reuters reported forecast of 4.89 billion euros.

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Google receives cease and desist order from Japan’s antimonopoly watchdog over unfair practices

Japan’s antimonopoly watchdog has issued a cease and desist order against Google for unfair trade practices regarding search services for its Android devices.

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Nvidia says it will record $5.5 billion charge tied to H20 processors exported to China

Nvidia will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.

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