Tag Archives: CNBC

China’s ‘instant commerce’ price war sees $0.30 drinks and billions in subsidies doled out

China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs and other promotions.

Posted in Tech | Tagged | Comments Off on China’s ‘instant commerce’ price war sees $0.30 drinks and billions in subsidies doled out

Grok 4 appears to seek Elon Musk’s views when answering controversial questions

XAI’s Grok 4 AI chatbot launched Wednesday appears to consult Elon Musk’s views when asked its opinion on some controversial matters.

Posted in Tech | Tagged | Comments Off on Grok 4 appears to seek Elon Musk’s views when answering controversial questions

Tesla moves to expand Robotaxi to Phoenix, following rival Waymo

Tesla has applied to test and operate its Robotaxis in Arizona, CNBC confirmed Thursday.

Posted in Tech | Tagged | Comments Off on Tesla moves to expand Robotaxi to Phoenix, following rival Waymo

Trump to host Jensen Huang at White House as Nvidia tops $4 trillion market cap

Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.

Posted in Tech | Tagged | Comments Off on Trump to host Jensen Huang at White House as Nvidia tops $4 trillion market cap

Musk, X to face trial in Don Lemon lawsuit alleging breach of contract

Musk and X have faced other lawsuits over non-payment to vendors and over failure to provide severance as promised to laid-off employees from Twitter.

Posted in Tech | Tagged | Comments Off on Musk, X to face trial in Don Lemon lawsuit alleging breach of contract

Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

Bitcoin broke through its previous day’s record as investors continued piling into risk assets and liquidated short positions.

Posted in Tech | Tagged | Comments Off on Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

Linda Yaccarino loses verified X checkmark after stepping down as CEO

Elon Musk, who owns social media site X, thanked Yaccarino following the announcement of her departure.

Posted in Tech | Tagged | Comments Off on Linda Yaccarino loses verified X checkmark after stepping down as CEO

Microsoft Outlook hit with hours-long outage

Microsoft’s Outlook email service was down for Outlook.com as well as Outlook mobile apps and desktop programs.

Posted in Tech | Tagged | Comments Off on Microsoft Outlook hit with hours-long outage

Amazon warehouse workers lose jobs after Trump’s immigration crackdown: ‘We have done everything legally’

Last month, Amazon began asking staffers who came to the U.S. under humanitarian immigration programs to provide updated work permits.

Posted in Tech | Tagged | Comments Off on Amazon warehouse workers lose jobs after Trump’s immigration crackdown: ‘We have done everything legally’

Elon Musk says Tesla is expanding Austin robotaxi service area and adding Grok ‘next week at the latest’

Musk said that Grok, his AI chatbot that praised Adolf Hitler and posted a barrage of antisemitic comments recently, will be in Tesla vehicles “next week.”

Posted in Tech | Tagged | Comments Off on Elon Musk says Tesla is expanding Austin robotaxi service area and adding Grok ‘next week at the latest’