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Tag Archives: CNBC
Google has eliminated 35% of managers overseeing small teams in past year, exec says
In Google’s continuing effort to run more efficiently, the company has been getting rid of managers who oversee fewer than three people.
Gusto agrees to buy retirement plan provider Guideline
Gusto, which offers payroll and human resources software, has agreed to acquire Guideline, a startup that provides 401(k) plans to small businesses.
Nvidia reports second-quarter earnings after the bell
There are two big questions about the future of Nvidia’s data center business that analysts are looking at.
Saudi Arabia wants to be world’s third-largest AI provider after the U.S. and China, Humain CEO says
Saudi AI ‘champion’ Humain, owned by the kingdom’s massive Public Investment Fund, has partnerships with Nvidia, AMD and Groq.
Google might lose its $26 billion search deals. Analysts say that could fuel its AI growth
Wall Street analysts have considered the upside if Google stopped shelling out billions to Apple and instead redirected that money into its Gemini AI and cloud.
MongoDB stock surges 30% after earnings as company touts customer growth boom
The company said it added more than 5,000 customers year to date, “the highest ever in the first half of the year.”
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.
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.
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.”
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.