Tag Archives: CNBC

Apple just landed a key win for the global encryption fight

The U.S. government announced the U.K. would drop its demand for Apple to provide a “back door” to user data, in a key victory for end-to-end encryption.

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OpenAI launches cheapest ChatGPT plan at $4.6, starting in India

OpenAI has launched a subscription plan for users in India, priced at just 399 rupees ($4.57) per month, its most affordable offering yet.

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Shein reportedly weighs moving back to China to gain approval for Hong Kong IPO

Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.

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Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder

The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips Act funding as part of the equity.

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Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’

Tech’s biggest names all raised capital expenditure guidance to keep pace with AI demand, with Microsoft, Amazon, Alphabet and Meta all set to spend big.

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Intel is getting a $2 billion investment from SoftBank

SoftBank will pay $23 per share for Intel’s common stock, acquiring roughly 2% of the struggling chipmaker.

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Palo Alto Networks reports earnings beat, says founder Nir Zuk retiring from company

Palo Alto Networks surpassed Wall Street’s fiscal fourth-quarter estimates and issued upbeat guidance.

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Musk’s Starlink suffers apparent outage as SpaceX launches more satellites

Elon Musk’s aerospace and defense contractor also successfully launched a fresh group of satellites to bolster its Starlink network.

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Tesla Optimus rival Unitree shines at the ‘World Humanoid Robot Games’ in China

Humanoid robot athletes competed in dance battles, martial arts, track and field and soccer.

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TeraWulf stock jumps more than 10% as Google boosts stake in datacenter operator

Fluidstack exercised an option for another 160 MW with TeraWulf after signing two 10-year computing deals last week.

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