Tag Archives: CNBC

China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump

The numbers underscore how local Chinese challengers to Nvidia are gaining traction as Beijing looks to push its domestic industry.

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Microsoft had police remove protesters who stormed office over work with Israeli military

Of the seven people who entered the office of Microsoft President Brad Smith, two were employees, he told reporters during a briefing.

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OpenAI says it plans ChatGPT changes after lawsuit blamed chatbot for teen’s suicide

OpenAI disclosed plans to improve ChatGPT safety for users expressing “suicidal intent.”

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Okta raises forecast as CEO says economic conditions were ‘better than we thought’

One of Okta’s partners, Palo Alto Networks, recently announced an agreement to buy Okta competitor CyberArk.

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Apple announces launch event on Sept. 9, iPhone 17 expected

Apple is expected to release the iPhone 17, as it usually launches new models in September.

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EchoStar stock skyrockets 75% on AT&T deal to buy wireless spectrum for $23 billion

EchoStar said the deal will also help resolve an FCC inquiry over its use of certain spectrum licenses, including some that were sought by Elon Musk’s SpaceX.

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Meta used National PTA to promote child safety efforts, report finds

A report alleges the National PTA’s relationship with Meta “gives a sheen of expert approval” to the company’s “efforts to keep young users” on its platforms.

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Google says Fox channels to go dark on YouTube TV if agreement isn’t reached

Google-owned YouTube TV said Fox is asking for payments “far higher” than competitors.

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Musk companies sue Apple, OpenAI alleging anticompetitive scheme

Elon Musk’s X and xAI sued Apple and OpenAI on Monday, accusing the pair of an “anticompetitive scheme” to thwart AI rivals.

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Nvidia’s new ‘robot brain’ goes on sale for $3,499 as company targets robotics for growth

Nvidia’s Jetson AGX Thor robotics chips are now on sale for $3,499 as a developer kit.

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