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Tag Archives: CNBC
Tesla stock slips after report EV maker is halting Cybertruck and Model Y production
Tesla is tentatively launching the robotaxi in Austin on June 22, using Model Y vehicles equipped with a new version of its “Full Self-Driving” technology.
Reddit stock jumps after company rolls out new AI advertising tools
Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement.
Spotify’s Daniel Ek leads $694 million investment in defense startup Helsing
Defense tech has become a hot area for investors lately amid major global conflicts.
Pain management startup Sword Health expands into mental health, raises $40 million
Sword Health is pulling in additional capital as it expands into mental health care with a new artificial intelligence tool.
Trump’s $499 smartphone will likely be made in China
The Trump Organization’s newly-announced T1 smartphone will likely be made in China, experts said, despite claims the device will be manufactured in the U.S.
Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe
Tencent has spent years becoming a gaming and social media giant in China and in the process building up its cloud computing capabilties.
Amazon extends Prime Day to four days, starting July 8
Amazon is extending its annual Prime Day discount event across four days for the first time.
SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center
SK Hynix shares jumped to an over 2-decade high as the chip maker continues to benefit from AI data center demand.
OpenAI wins $200 million U.S. defense contract
Months after announcing a partnership with defense-tech startup Anduril, OpenAI has secured a $200 million contract with the Department of Defense.
Google issues apology, incident report for hours-long cloud outage
The company said the major outage was caused by multiple layers of flawed recent updates.