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Tag Archives: CNBC
Sandberg, other Meta vets invest in AI workplace communications startup
Slashwork is backed by former Meta executives Sheryl Sandberg, David Fischer, Carolyn Everson and Julien Codorniou, who led Facebook Workplace.
AMD is down 9% after reporting earnings. Here’s why
The chipmaker’s stock has surged over the past year amid the AI boom
CNBC Daily Open: UBS posts strong earnings while Novo Nordisk’s U.S. shares crater on slowing growth
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that there’s “no drama involved” between the company and OpenAI. “Everything’s on track,” he added.
Nintendo shares sink 10% as gaming giant faces memory shortage concerns
Nintendo is facing pressure this year from a shortage in memory chips — a key component in its gaming consoles — that has resulted in surging prices.
‘Muskonomy’ shakeup: SpaceX valuation approaches Tesla’s after merger with xAI
Elon Musk is now overseeing two companies worth over $1 trillion, at least on paper.
Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs
Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that there’s “no drama involved” between the company and OpenAI. “Everything’s on track,” he added.
KKR and Singtel to acquire remaining stake in data center firm STT GDC for over $5 billion
The deal pegs the enterprise value at S$13.8 billion.
Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, wants to reduce the customer feedback loop as the company sells artificial intelligence services.
How one country is engineering its way out of a construction cost crisis
While a building boom is good for the economy, it presents challenges, with construction costs in Singapore consistently ranked among the highest in the world.