Tag Archives: CNBC

Baidu releases new AI tools to promote application development

One year after Chinese tech firm Baidu released its ChatGPT-like Ernie bot, the company announced tools to encourage locals to develop AI applications.

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Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring

Earlier this week, Tesla CEO Elon Musk sent a memo company-wide saying that the automaker would be reducing more than 10% of its global workforce.

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Google workers arrested after nine-hour protest in cloud chief’s office

Nine Google workers were arrested Tuesday after sit-in protests, including a nine-hour sit-in at Google Cloud CEO Thomas Kurian’s office in Sunnyvale.

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Google restructures finance team as part of AI shift, CFO tells employees in memo

Google Chief Financial Officer Ruth Porat wrote to employees that the finance teams would be restructured, a move that will include relocations and layoffs.

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ASML earnings drag semiconductor stocks lower

ASML fell over 8% on a day when the entire S&P 500 index was only down less than 1%.

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Amazon starts selling smart grocery carts to other retailers

The company has expanded Dash Carts in Fresh stores and Whole Foods locations as it has recently pulled back on its cashier-less checkout technology.

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Amazon cloud unit kills Snowmobile data transfer truck eight years after driving 18-wheeler onstage

Amazon Web Services says it has better and more cost-efficient ways to move data to the cloud than by using the semi truck it introduced in 2016.

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Tesla will ask shareholders to reinstate voided $56 billion stock grant for Elon Musk

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Apple will ‘look at’ manufacturing in Indonesia, CEO Cook says, as China diversification push continues

Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia, following a meeting with the country’s President Joko Widodo.

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Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop

ASML on Monday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.

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