Tag Archives: CNBC

Snowflake shares sink 13% on decelerating product revenue growth

Shares of Snowflake fell after it released fiscal second-quarter 2025 earnings that showed decelerating product revenue growth compared to past quarters.

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The world’s first airport to require biometric boarding is set to arrive in 2025

The UAE’s plan to use end-to-end biometric boarding by next year is being cheered by tech proponents, travel experts and Elon Musk.

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Trump promotes family’s new crypto platform, ‘The Defiant Ones’

Trump promoted a soon-to-launch, Trump Organization crypto platform to his 7.5 million followers on Truth Social.

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China’s self-driving startup WeRide delays U.S. IPO as deadline looms

WeRide was expected to offer 6.5 million ADS (American depositary shares) in the range of $15.50 to $18.50.

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Body of British tech entrepreneur Mike Lynch retrieved from Sicily yacht wreckage

Lynch was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored off the coast of Sicily.

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Microsoft revamps reporting structure to give better visibility into cloud consumption revenue

One analyst said Microsoft changes will provide better visibility into the software company’s Azure cloud infrastructure business.

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Microsoft will release controversial Windows Recall AI search feature to testers in October

It’s been a bumpy rollout for a feature that was designed as an early example of an artificial intelligence model running locally on a Windows PC.

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Epic Systems is building more than 100 new AI features for doctors and patients. Here’s what’s coming

Health-care executives are visiting Epic’s headquarters this week to learn about its new software products and updates.

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Startup using blockchain to prevent copyright theft by AI is valued over $2 billion after fresh funding

Technology startup Story has raised $80 million of funding for a blockchain designed to prevent artificial intelligence makers from stealing copyright.

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China calls EU tariffs on EVs unfair, says it will take necessary measures to defend industry

Beijing said it continues to believe the EU’s probe into China’s subsidies for EVs are promoting unfair competition in the name of fair competition.

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