Tag Archives: CNBC

Tesla Robotaxi scores permit to run ride-hailing service in Texas

Tesla obtained a permit to run a ride-hailing service, in Texas, allowing it to join a market that includes Uber, Lyft and others.

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Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon

The Trade Desk beat on earnings and revenue, but the stock was headed for its worst day on record as investors worried about rising competition from Amazon.

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Tech is getting a boost from AI ad tools. Some companies are being left behind

Ad revenue has stayed strong amid broader macroeconomic uncertainty due to President Donald Trump’s tough tariffs and the closing of the de minimis loophole.

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Intel CEO responds to ‘misinformation’ and Trump threat in letter to employees

Intel CEO Lip-Bu Tan addressed “misinformation” about his previous roles on Thursday after President Donald Trump called for his resignation.

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Sam Altman says he doesn’t think about Elon Musk that much

Sam Altman has dismissed Elon Musk’s comments that OpenAI will “eat Microsoft alive.”

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Bank of England chief says no rift with UK government as Revolut licence delay draws scrutiny

Bank of England Governor Andrew Bailey denied that relations between the central bank and government had soured over delays to Revolut’s bank license.

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OpenStore’s demise marks endgame for once-booming e-commerce aggregator market

OpenStore is rebranding under its Jack Archer menswear label after shuttering many of the Shopify storefronts it acquired and laying off staffers.

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A major historical bitcoin cycle that dictates its price might be breaking

Bitcoin’s four-year price cycle, which has often had a predictable pattern, has shown signs of breaking or even disappearing altogether.

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South Korea launches national AI model in tech race with U.S. and China

South Korea is looking to create a near self-sufficient AI industry and position its technology as an alternative to China and the U.S.

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Instagram’s map feature spurs user backlash over geolocation privacy concerns

Instagram’s new map feature is causing concern among some users who worry that it will expose their location to others without their consent.

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