Tag Archives: CNBC

MicroStrategy stock pops 8% after company ups bitcoin holdings to $14.6 billion

MicroStrategy founder Michael Saylor said on Friday that his company purchased an additional $1.1 billion worth of bitcoin.

Posted in Tech | Tagged | Comments Off on MicroStrategy stock pops 8% after company ups bitcoin holdings to $14.6 billion

Tesla Semi fire in California took 50,000 gallons of water to extinguish

The National Transportation Safety Board said on Friday that a Tesla Semi crash last month closed down an artery of Interstate 80 for 15 hours.

Posted in Tech | Tagged | Comments Off on Tesla Semi fire in California took 50,000 gallons of water to extinguish

Oracle’s Larry Ellison briefly tops Jeff Bezos to become world’s second-richest person

Oracle is on pace for its best week since 2021, and the rally lifted founder Larry Ellison’s net worth past Jeff Bezos for a brief period on Friday.

Posted in Tech | Tagged | Comments Off on Oracle’s Larry Ellison briefly tops Jeff Bezos to become world’s second-richest person

Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation

Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the AI startup at more than $150 billion.

Posted in Tech | Tagged | Comments Off on Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation

Adobe shares fall 9% on weak fourth-quarter guidance

Adobe shares fell a day after the company released third-quarter results that offered weak guidance.

Posted in Tech | Tagged | Comments Off on Adobe shares fall 9% on weak fourth-quarter guidance

Uber and Waymo to offer driverless ride-sharing trips in Austin and Atlanta

Uber will offer driverless ride-sharing trips with Waymo in Austin and Atlanta starting early 2025

Posted in Tech | Tagged | Comments Off on Uber and Waymo to offer driverless ride-sharing trips in Austin and Atlanta

How oil-rich Arkansas became a hotbed of lithium mining

Arkansas is becoming a key player in U.S. lithium production, but the state faces challenges like volatile prices and unproven technology.

Posted in Tech | Tagged | Comments Off on How oil-rich Arkansas became a hotbed of lithium mining

British government had ‘constructive’ talks with Musk’s X over disinformation, minister says

The U.K. government has had “constructive” talks with X over the spread of misinformation and other harmful content, technology minister Peter Kyle told CNBC.

Posted in Tech | Tagged | Comments Off on British government had ‘constructive’ talks with Musk’s X over disinformation, minister says

UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal

The U.K. Competition and Markets Authority (CMA) said the Vodafone and Three U.K. merger would lead to price increases for tens of millions of customers.

Posted in Tech | Tagged | Comments Off on UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal

Samsung shares fall as workers’ strike at India plant continues after talks fall through

The strike in Samsung India follows recent wage protests in South Korea where 36,500 members from its biggest workers’ union went on strike in July and August.

Posted in Tech | Tagged | Comments Off on Samsung shares fall as workers’ strike at India plant continues after talks fall through