Tag Archives: CNBC

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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Tesla exec leading development of chip tech and Dojo supercomputer is leaving company

Pete Bannon, who joined Tesla from Apple in 2016, is leaving the electric vehicle maker.

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Omada Health beats on revenue in first earnings report since IPO

The company offers virtual care programs to support patients with chronic conditions.

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How Tim Cook convinced Trump to drop made-in-USA iPhone — for now

Apple CEO Tim Cook went to the White House to announce plans to spend about $600 billion over four years in the U.S.

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Block shares pop 11% on full-year guidance boost

Block reported weaker-than-expected earnings for the second quarter but increased its full-year guidance.

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Pinterest stock falls 10% after earnings miss

Pinterest reported second-quarter earnings on Thursday in which it beat on sales but missed on earnings per share.

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Instacart tops estimates, issues upbeat outlook

Instacart earnings surpassed Wall Street’s estimates and the grocery delivery company shared a strong forecast.

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AppLovin CEO sees benefits from Apple-Epic fallout as stock pops on earnings

Following AppLovin’s better-than-expected earnings report, CEO Adam Foroughi told investors that he sees the company benefiting from the Apple-Epic suit.

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California jury rules Meta violated privacy law in case involving period-tracking app

A California jury ruled against Meta in a privacy-related lawsuit involving the alleged collection of sensitive data from Flo, a period-tracking app.

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