Tag Archives: CNBC

Amazon inadvertently announces cloud unit layoffs in email to employees

Amazon sent a notice out to staffers in an apparent error acknowledging “organizational changes” at the company.

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Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

The 530A program, often called “Trump Accounts,” passed last year as part of the administration’s “big beautiful bill.”

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AppLovin demands short-seller CapitalWatch retract ‘conspiratorial’ report

AppLovin’s cease and desist letter to CapitalWatch called the short-seller’s accusations of money laundering defamatory and baseless.

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Read the memo: Amazon’s grocery boss details restructuring, says more ‘deliberate’ strategy needed

Amazon’s top grocery executive Jason Buechel told staff that the company needs to make more “deliberate choices” to win over customers.

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Anthropic closes latest funding round above $10 billion and could go higher, sources say

The funding round could rise if Microsoft and Nvidia decide to contribute, according to sources familiar with the discussions.

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Why investors shouldn’t cash out on Corning’s monster rally just yet

Shares surged more than 16% after CNBC reported that Corning inked a new deal with Meta Platforms.

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Space firm Redwire stock rockets 28% after joining $151 billion contract for Trump’s ‘Golden Dome’

Redwire joins thousands of other vendors supporting the project, including Anduril, Palantir, Blue Origin and Lockheed Martin

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Dario Amodei warns AI may cause ‘unusually painful’ disruption to jobs

“The pace of progress in AI is much faster than for previous technological revolutions,” the Antrhopic CEO said in latest comments about AI’s impact on jobs.

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TikTok to settle as social media addiction trial involving Meta, YouTube moves forward

TikTok has agreed to settle with a plaintiff and will no longer be part of a high-profile social media trial kicking off on Tuesday.

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Mozilla is building an AI ‘rebel alliance’ to take on industry heavweights OpenAI, Anthropic

Mozilla is looking to deploy its roughly $1.4 billion in reserves to support “mission driven” companies and nonprofits, and is particularly focused on AI.

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