Tag Archives: CNBC

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate Zohran Mamdani.

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Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

According to the smart estimates, Samsung was expected to post an operating profit of 6.26 trillion won ($4.57 billion) for the quarter.

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Waymo to begin testing in Philadelphia with safety drivers behind the wheel

Waymo said it will begin testing in Philadelphia as its seeks to expand into Northeastern cities.

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Jack Dorsey launches a WhatsApp messaging rival built on Bluetooth

Block CEO Jack Dorsey has launched Bitchat, a new peer-to-peer messaging app that works entirely over Bluetooth mesh networks.

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Robinhood stock tokens face scrutiny in the European Union after OpenAI warning

The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI and SpaceX stock tokens.

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Trump advisor Navarro rips Apple’s Tim Cook for not moving production out of China fast enough

President Donald Trump has ramped up pressure on Apple to make more of its products in the U.S. not overseas.

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CoreWeave to acquire Core Scientific in $9 billion all-stock deal

The deal strengthens CoreWeave’s position in the AI arms race by bringing critical infrastructure in-house.

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Apple appeals 500 million euro EU fine over App Store policies

The EU announced the fine in April, saying that Apple “breached its anti-steering obligation” under the DMA with restrictions on the App Store.

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Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party

Elon Musk said he would form a new political party called the “America Party”

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AI chip startup Groq expands with first European data center

Groq, which is backed by investment arms of Samsung and Cisco, said the data center will be in Helsinki, Finland.

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