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Tag Archives: CNBC
AI gave tech giants a $2.4 trillion boost to their market caps in 2023
Accel said in a report the share price values of big tech firms such as Apple, Microsoft, Alphabet, Amazon and Nvidia rose by an average of 36% year over year.
Former FTX engineer describes panicky rooftop meeting where he learned how bad things were
Nishad Singh, FTX’s former engineering head, testified on Monday about a private meeting he had with Sam Bankman-Fried regarding the dire financial situation
FTX top engineer testifies Bankman-Fried spent $1.13 billion on celebrities and sponsorships
Nishad Singh, FTX’s former engineering head, testified Monday about what he said was Sam Bankman-Fried’s “excessive” spending.
Snap shares rise nearly 12% after CEO shares strong 2024 projections with employees
CEO Evan Spiegel told employees in a memo that Snap could log more than 475 million DAUs and more than 20% in full ads revenue growth in 2o24.
Microsoft-owned LinkedIn lays off nearly 700 employees — read the memo here
Revenue growth at Microsoft’s business social network has slowed as advertisers pull back in an uncertain economy.
Bankman-Fried needs Adderall to testify, defense requests delay in trial
Sam Bankman-Fried’s lawyers say he urgently needs his long-release Adderall, otherwise they’ll need to take a day off from his criminal trial.
Meta’s unique approach to developing AI puzzles Wall Street, but techies love it
Meta’s AI push, driven by its Llama large language model, takes a page out of the open source playbook
How to make a FaceTime call from your Apple TV 4K
You can now make a FaceTime call from your TV if you have an Apple TV running on tvOS 17, an iPhone on iOS 17, or an iPad on iPadOS 17.
Tether freezes 32 crypto wallets holding $873,118 linked to terrorism and warfare in Israel, Ukraine
Tether has frozen 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday.
Microsoft closes $69 billion acquisition of Activision Blizzard after lengthy regulatory review
Nineteen months after agreeing to the company’s largest purchase ever, Microsoft has closed its acquisition of Activision Blizzard