Tag Archives: CNBC

Tesla board silent as investors await next steps after Elon Musk’s $56 billion pay package revoked

Legal experts expect Elon Musk’s team to appeal a recent ruling that voided the Tesla CEO’s 2018 pay package.

Posted in Tech | Tagged | Comments Off on Tesla board silent as investors await next steps after Elon Musk’s $56 billion pay package revoked

London lags behind rest of Europe when it comes to 5G network quality, report finds

London ranks 10th for 5G quality of experience in Europe, according to a new report from fixed and mobile network benchmarking firm MedUX.

Posted in Tech | Tagged | Comments Off on London lags behind rest of Europe when it comes to 5G network quality, report finds

Wish’s deep discount sale to Singapore’s Qoo10 ramps up competition for Temu and Shein

Wish’s new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.

Posted in Tech | Tagged | Comments Off on Wish’s deep discount sale to Singapore’s Qoo10 ramps up competition for Temu and Shein

Arm shares jump 29% as post-earnings rally extends to second week

Arm’s strong growth forecast has led investors to declare it an artificial intelligence darling.

Posted in Tech | Tagged | Comments Off on Arm shares jump 29% as post-earnings rally extends to second week

Bitcoin extends its gains, breaking through the $50,000 level

Bitcoin extended its gains from last week, breaking through the key psychological level of $50,000.

Posted in Tech | Tagged | Comments Off on Bitcoin extends its gains, breaking through the $50,000 level

Microsoft’s AI growth is helping cloud business chip away at Amazon’s lead

Microsoft’s cloud is growing significantly faster than Amazon Web Services of late, thanks in part to its cozy OpenAI relationship.

Posted in Tech | Tagged | Comments Off on Microsoft’s AI growth is helping cloud business chip away at Amazon’s lead

Elon Musk must testify in SEC probe of his Twitter takeover

A judge ordered Elon Musk to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter.

Posted in Tech | Tagged | Comments Off on Elon Musk must testify in SEC probe of his Twitter takeover

Digital banking giant Revolut is launching phone plans for travelers in the UK

Digital banking startup Revolut is launching travel eSIM plans in the U.K. that give users access to data abroad without suffering roaming charges.

Posted in Tech | Tagged | Comments Off on Digital banking giant Revolut is launching phone plans for travelers in the UK

Biden campaign debuts official TikTok account, but app is still banned on most government devices

The TikTok account, with the handle “@bidenhq,” debuted Sunday during Lunar New Year celebrations in China and Super Bowl 58 in the U.S.

Posted in Tech | Tagged | Comments Off on Biden campaign debuts official TikTok account, but app is still banned on most government devices

China may be making more advanced chips despite U.S. sanctions — but it still faces big problems

China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips, defying U.S. sanctions designed to slow down Beijing’s progress.

Posted in Tech | Tagged | Comments Off on China may be making more advanced chips despite U.S. sanctions — but it still faces big problems