Tag CNBC

Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.

The state backed group, “Volt Typhoon,” is working to disrupt communications in case of a future crisis, Microsoft said.

SoftBank offered a sharp rebuke on Wednesday to S&P Global Ratings after the agency downgraded the Japanese giant’s credit rating.

Meta has begun its third round of layoffs as part of a cost-cutting plan that will eliminate over 21,000 workers from the company.

A top European Union regulator defended a decision to hit Meta with a record-setting fine, saying she had to enforce the law based on existing rules.

The aviation sector and its effect on the environment sit at the heart of significant debate.

Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.

Apple announces multibillion-dollar deal with Broadcom for U.S.-made chips

Meta acquired the popular platform in 2020 for $315 million but was ordered to divest the company by the U.K.’s competition authority.

“Whoever wins that, it will take the current dispersed high-profit areas and move it to a single area,” Gates said.