Tag Archives: CNBC

Elon Musk ‘accountable to no one,’ Britain’s tech minister says after X owner’s comments on UK riots

Elon Musk can’t be held to account by anyone, the U.K.’s technology minister said, adding to criticisms of the billionaire from government officials.

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Sony rules out renewing offer for Paramount, says it wouldn’t fit strategy

Hiroki Totoki, Sony’s chief financial officer, said the tech giant has no plans to submit a revised offer for Paramount.

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SoftBank swings back to investment gain at Vision Fund, announces up to $3.4 billion share buyback

SoftBank announced it would buy back up to 6.8% of shares available amounting to up to 500 billion yen ($3.4 billion).

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Sony posts 10% jump in profit, beating estimates on strong gaming growth

Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.

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Elon Musk’s support for Trump pushes a corporate customer away from Tesla

Rossmann announced Tuesday it will no longer buy Teslas for its fleet, effective immediately, citing CEO Elon Musk’s pro-Trump political activism.

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Super Micro announces 10 for 1 stock split

Super Micro announced a 10-for-1 stock split and issued upbeat guidance for the first quarter.

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Reddit reports better-than-expected results for second quarter as digital ad market improves

Reddit reported better-than-expected results in the second quarter, boosted by data-licensing revenue.

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Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand

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Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help

Microsoft said Delta turned down several offers for help during the flight disruptions following the outage.

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Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover

The company formerly known as Twitter filed the lawsuit against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted.

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