Tag Archives: CNBC

Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role

Broadcom became the eighth U.S. tech company to eclipse $1 trillion in market cap on Friday after the stock’s record gain.

Posted in Tech | Tagged | Comments Off on Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role

Former OpenAI researcher and whistleblower found dead at age 26

Suchir Balaji, a former OpenAI researcher, was found dead in his San Francisco apartment in recent weeks, officials confirmed to CNBC.

Posted in Tech | Tagged | Comments Off on Former OpenAI researcher and whistleblower found dead at age 26

Tech companies most threatened by Trump are donating to his inauguration fund

Amazon, Meta and OpenAI CEO Sam Altman have all announced $1 million donations to Trump’s inauguration fund.

Posted in Tech | Tagged | Comments Off on Tech companies most threatened by Trump are donating to his inauguration fund

OpenAI emails show Elon Musk wanted for-profit structure in 2017

OpenAI on Friday posted screenshots showing that Elon Musk, one of its co-founders, pushed for the company to have a for-profit structure as far back as 2017.

Posted in Tech | Tagged | Comments Off on OpenAI emails show Elon Musk wanted for-profit structure in 2017

Apple and Google instructed by House committee to prepare to dump TikTok next month

House members are telling Apple and Google to be prepared to comply with a law that could result in TikTok facing an effective ban in the U.S.

Posted in Tech | Tagged | Comments Off on Apple and Google instructed by House committee to prepare to dump TikTok next month

Broadcom stock jumps 21%, pushing company past $1 trillion market cap for the first time

Shares of Broadcom popped more than 21% Friday, pushing the company’s market cap beyond $1 trillion for the first time.

Posted in Tech | Tagged | Comments Off on Broadcom stock jumps 21%, pushing company past $1 trillion market cap for the first time

TSMC says first advanced U.S. chip fab ‘dang near back’ on schedule. Here’s an inside look.

Apple will be the largest customer at TSMC’s new Arizona chip fab, which the Taiwanese company says is ‘dang near back’ on schedule. Here’s an inside look.

Posted in Tech | Tagged | Comments Off on TSMC says first advanced U.S. chip fab ‘dang near back’ on schedule. Here’s an inside look.

Elon Musk reveals SEC sent him ‘settlement demand’ after Twitter buyout probe

The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire revealed in a social media post on Thursday. 

Posted in Tech | Tagged | Comments Off on Elon Musk reveals SEC sent him ‘settlement demand’ after Twitter buyout probe

Broadcom shares rise 13% on profit beat, ‘massive’ opportunity in AI

Broadcom is seeing soaring demand from the boom in generative AI infrastructure.

Posted in Tech | Tagged | Comments Off on Broadcom shares rise 13% on profit beat, ‘massive’ opportunity in AI

Adobe shares plunge 13% on disappointing revenue guidance

Adobe shares tumbled after the software vendor issued revenue guidance that fell short of analysts’ estimates.

Posted in Tech | Tagged | Comments Off on Adobe shares plunge 13% on disappointing revenue guidance