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Tag Archives: CNBC
Big tech’s AI acquisition frenzy isn’t always the payday young startup workers dreamed about
As big tech companies like Meta acquire AI startups, many employees are not receiving the cash-out riches they dreamed about, but a layoff instead.
Country music star Martina McBride’s warning on ‘terrifying’ AI deepfake scam threat to artists and fans
Artificial intelligence-generated deepfakes are threatening the livelihoods of musicians and creating scams that harm fans.
Tesla set to report third-quarter results after the bell
Tesla has returned to favor on Wall Street after a brutal start to the year.
Trump White House East Wing ballroom project got $22M boost from YouTube legal settlement
President Trump has said he and donors will cover the costs of the White House East Wing ballroom, but it is not clear who all the contributors are.
Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app
Airbnb CEO Brian Chesky wants to integrate ChatGPT software into the travel platform, but the software isn’t “quite robust enough.”
Meta lays off 600 employees within AI unit
The cuts come as Meta has been pouring billions of dollars into AI
Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption
Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia.
Netflix earnings, Anthropic’s ‘woke’ problem, Travis Kelce’s Six Flags stake and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’
Across banking, the auto sector and retail, executives are warning employees and investors that AI is taking over jobs.
Baidu’s Apollo Go plans to launch taxis with no steering wheels in Switzerland as the race for robotaxis in Europe heats up
Baidu’s Apollo Go robotaxi unit plans to begin tests in Switzerland this year, with the aim of launching a public-facing service by the first quarter of 2027.