Tag Archives: CNBC

British government had ‘constructive’ talks with Musk’s X over disinformation, minister says

The U.K. government has had “constructive” talks with X over the spread of misinformation and other harmful content, technology minister Peter Kyle told CNBC.

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UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal

The U.K. Competition and Markets Authority (CMA) said the Vodafone and Three U.K. merger would lead to price increases for tens of millions of customers.

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Samsung shares fall as workers’ strike at India plant continues after talks fall through

The strike in Samsung India follows recent wage protests in South Korea where 36,500 members from its biggest workers’ union went on strike in July and August.

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Saudi Arabia expects to get access to Nvidia’s high performance chips ‘within the next year’

The U.S. has imposed restrictions on exports of the chips out of concerns they could be accessed by China, which is Saudi Arabia’s top trading partner.

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Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store

Alibaba’s Taobao app topped Singapore’s Apple Store charts after launching an AI-powered English version on Tuesday, boosting accessibility for users.

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Meta offered ‘unacceptable’ response to concerns over illicit drug ads on Facebook and Instagram, congressman says

Rep. Tim Walberg slammed Meta for its response to a bipartisan group of lawmakers regarding illicit drug ads on its platform.

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Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%

Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.

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Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production

Commerce Secretary Gina Raimondo has met with investors recently to tout the benefits of Intel and U.S. chip production.

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Adobe stock slips on soft fourth-quarter revenue guidance

Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.

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Amazon hikes wages for contract delivery drivers as union pressures grow

Amazon is raising its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour.

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