Tag Archives: CNBC

The U.S. makes it harder for TSMC, SK Hynix and Samsung to produce chips in China

TSMC, along with SK Hynix and Samsung Electronics, are losing waivers that allowed them export chipmaking equipment to manufacturing plants in China.

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Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case

Alphabet shares rose nearly 6% in premarket trade on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable.

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Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI

CEO Marc Benioff revealed the layoffs during an interview on The Logan Bartlett Show podcast.

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Apple shares rise after judge rules Google can continue preload deals in antitrust case

Apple shares rose 3% in extended trading Tuesday after a federal judge ruled that Alphabet may continue making payments to preload Google Search on the iPhone.

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Waymo starts testing in Denver, Seattle in bid to expand robotaxi service across U.S.

Waymo is moving into new markets as it seeks to expand its lead in the nascent U.S. robotaxi industry.

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Google gets to keep Chrome but is barred from exclusive search deals, judge rules

The ruling comes nearly a year after a U.S. judge ruled that Google holds an illegal monopoly in its core market of internet search.

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OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive

Statsig will continue to operate independently and serve customers out of its Seattle office, OpenAI said.

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Anthropic raises $13 billion funding round at $183 billion valuation

Anthropic’s valuation has tripled since its last funding round in March

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Amazon cracks down on Prime free shipping sharing

The company is ending the program in favor of Amazon Family, which lets users share Prime benefits with another adult, but they must share the same address.

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Salesforce is having a bad year. This is where investors want to see growth

Investors want to see Salesforce’s Agentforce artificial intelligence tool for customer service pick up traction.

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