Tag Archives: CNBC

Meta lays off 600 employees within AI unit

Posted on October 22, 2025 by Techme101

The cuts come as Meta has been pouring billions of dollars into AI

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Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption

Posted on October 22, 2025 by Techme101

Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia.

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Netflix earnings, Anthropic’s ‘woke’ problem, Travis Kelce’s Six Flags stake and more in Morning Squawk

Posted on October 22, 2025 by Techme101

Here are five key things investors need to know to start the trading day.

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AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’

Posted on October 22, 2025 by Techme101

Across banking, the auto sector and retail, executives are warning employees and investors that AI is taking over jobs.

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Baidu’s Apollo Go plans to launch taxis with no steering wheels in Switzerland as the race for robotaxis in Europe heats up

Posted on October 22, 2025 by Techme101

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.

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CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy

Posted on October 22, 2025 by Techme101

Even as the streaming giant’s earnings stumbled during that period, Netflix is still showing other media companies how it’s done.

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Fund managers say an AI bubble is now the biggest risk to their portfolios — but it’s not enough to stop them betting on stocks

Posted on October 22, 2025 by Techme101

Major institutions and influential figures are increasingly issuing warnings about soaring valuations.

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Over 800 public figures, including Apple co-founder Steve Wozniak and Virgin’s Richard Branson urge AI ‘superintelligence’ ban

Posted on October 22, 2025 by Techme101

A group of prominent figures, including artificial intelligence heavyweights, have called for an end to efforts to create ‘superintelligence.’

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Netflix ‘all in’ on leveraging AI as the tech creeps into entertainment industry

Posted on October 22, 2025 by Techme101

Netflix is “all in” on leveraging generative artificial intelligence on its streaming platform, the company said.

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Samsung and Google attempt to one-up Apple with AI-powered headset

Posted on October 22, 2025 by Techme101

Samsung and Google see the Galaxy XR as a stepping stone to AI glasses they plan to launch in the future.

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