Tag Archives: CNBC

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

While “F1” was a victory lap for Apple, Wall Street’s reaction to the company’s AI announcements at WWDC suggest there’s some trouble underneath the hood.

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Microsoft layoffs hit 830 workers in home state of Washington

The 830 Microsoft employees who lost their jobs in Washington included cloud solution architects, game designers and lawyers.

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CoreWeave is the first cloud provider to deploy Nvidia’s latest AI chips

AI developers still clamor for the latest Nvidia chips, which have improvements that make them better for training and deploying models.

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IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending

Tech IPOs had a breakout month in June, led by crypto firm Circle, leading some investors to predict a big second half of the year.

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Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company

Tripadvisor shares jumped 10% after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing.

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Apple’s China iPhone sales grows for the first time in two years

Apple is facing intense competition in China from a resurgent Huawei.

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Like Google, China’s biggest search player Baidu is beefing up its product with AI to fight rivals

Baidu search has been facing pressure from AI rivals like Tencent and DeepSeek.

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AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO

AI voice generation platform ElevenLabs reveals plans to be IPO-ready within five years.

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U.S. lifts chip software curbs on China amid trade truce, Synopsys says

The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced.

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Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

Hewlett Packard Enterprise’s closing of its Juniper deal created an opening in the index, which has added several technology companies in recent months.

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