Tag Archives: CNBC

Coupang said Wednesday that CEO Park Dae-jun resigned due to the data breach incident, which was revealed on Nov. 18

Amazon has committed to investing $$35 billion in India’s cloud and AI space by 2030, as hyperscalers race to get a foothold in the market.

Microsoft has pledged $17.5 billion in investment in India’s cloud and AI infrastructure, as major tech players commit to the growing market.

The “dot plot,” Chair Jerome Powell’s press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.

Hinge founder Justin McLeod is stepping down as CEO to launch an AI-powered dating service called Overtone.

Oracle’s fiscal second-quarter results will be a crucial test for the AI trade and whether demand justifies the company’s buildout plans.

American Federation of Teachers is urging senators to reconsider its crypto market structure bill which the union says will put Americans’ retirement at risk.

Dresser was named Slack’s chief executive in 2023 after spending more than a decade at Salesforce.

Trump said Chinese President Xi Jinping “responded positively” to the proposal to let Nvidia sell H200 AI chips on condition that the U.S. gets 25% of revenue.

Federal regulators and politicians have scrutinized companies’ use of AI tools to set the cost of products or services, often called “surveillance pricing.”