Tag Archives: CNBC

Amazon’s R&D lab forms new agentic AI group

The new group will help develop an agentic AI “framework” for use in its robotics operations, an application often referred to as “physical AI.”

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Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup

Nikesh Arora, the CEO of Palo Alto Networks, is joining the board of Uber. Prior, he was COO of Softbank and also held positions at Google and T-Mobile.

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This California startup is cleaning water and removing CO2 from the atmosphere — all at a reduced cost

Capture6 is a California-based startup with new technology to both clean water and capture carbon from the atmosphere.

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Reddit sues AI startup Anthropic for breach of contract, ‘unfair competition’

Reddit’s lawsuit against Anthropic is the latest generative AI battle to find its way to the courtroom.

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Amazon to invest $10 billion in North Carolina data centers in AI push

Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, the company said.

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Microsoft gives LinkedIn chief Roslansky added role running Office

Ryan Roslansky, who has run LinkedIn for the past five years, will now also oversee Microsoft’s Office productivity software.

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CrowdStrike drops 6% on lackluster guidance, ongoing impact from July IT outage

The cybersecurity company issued weaker-than-expected guidance and said its still feeling an impact from initiatives put in place after the July 2024 outage.

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Venmo adds debit card perks, checkout options in push to catch rival Cash App

PayPal says 45% of branded U.S. checkout now runs through its platform, with Venmo integrated at brands like Uber, Starbucks, and TikTok Shop.

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Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research

Counterpoint Research revised down its 2025 global smartphone shipment growth forecast to 1.9% year-on-year from 4.2%.

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Tesla’s Australia sales soar in May — a bright spot amid struggles elsewhere

The automaker’s Australian electric vehicle sales hit their highest level in nearly 12 months in May — a bright spot as it struggles with sales elsewhere.

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