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Tag Archives: CNBC
Google leads monster week for tech, pushing megacaps to combined $21 trillion in market cap
Tech’s megacaps got bigger this week, and the eight trillion-dollar companies now make up a combined 36% of the S&P 500.
Anthropic agrees to pay $1.5 billion to settle authors’ copyright lawsuit
Authors had sued Anthropic, claiming the AI startup had illegally used their books to train its models.
Trump threatens trade probe after ‘discriminatory’ EU fines against Google, Apple
President Donald Trump threatened to launch a trade investigation to “nullify” Europe’s fines against Google and other U.S. tech firms.
Roblox announces short-video, AI features amid child safety concerns
Roblox on Friday announced new short-video and AI features that come amid increasing lawmaker scrutiny into how the company protects children on its platform.
Google hit with $3.45 billion antitrust EU fine amid U.S. trade tensions
The European Commission accused Google of distorting competition in the adtech market by unfairly favoring its own display advertising technology services.
Broadcom stock jumps 15% on new $10 billion customer that analysts say is OpenAI
Broadcom said on its earnings call that it secured $10 billion in orders for its custom AI chips from a fourth customer.
Tesla proposes new pay plan for Musk that would expand his voting power
Tesla will also ask shareholders to vote on whether the automaker should invest in Musk’s artificial intelligence company, xAI.
OpenAI is building an AI jobs platform that could challenge Microsoft’s LinkedIn
OpenAI is developing an AI-centered jobs platform as part of broader efforts to expand AI literacy, and as the company expands in the application space.
‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust ‘resolution’
President Donald Trump congratulated Google CEO Sundar Pichai on “big day” following antitrust ruling.
Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe
Trump has reiterated a warning that he will soon impose “fairly substantial” tariffs on semiconductor imports, but spare firms like Apple investing in the U.S.