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An interview with Samsung's mobile chief TM Roh on the Galaxy AI push, monetizing AI, future products in foldables and mixed reality, and more
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20 hours ago
Mobile
Interview
Samsung
AI
Alphabet reports Other Bets Q2 revenue of $365M, up from $285M in Q2 2023, a $1.13B loss, up from $813M, and announces a “multiyear” investment of $5B in Waymo
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www.cnbc.com
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3 days ago
Alphabet
Google Cloud Q2 revenue grew 29% YoY to $10.35B, vs. $10.2B est.; Cloud exceeded $10B in quarterly revenues and $1B in operating profit for the first time
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3 days ago
Google
Cybersecurity startup Wiz walks away from a $23B deal to be acquired by Google; memo: Wiz's CEO told staff the company would pursue an IPO as originally planned
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www.cnbc.com
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4 days ago
Google
IPO
Startup
CrowdStrike shares close down 11.1% after a software update caused a major outage; its shares had previously risen nearly 118% in the last 12 months
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www.cnbc.com
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7 days ago
Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B
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www.cnbc.com
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8 days ago
Netflix
OpenAI unveils GPT-4o mini, calling it “the most capable and cost-efficient small model available”, and plans to integrate image, video, and audio into it later
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www.cnbc.com
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8 days ago
TSMC reports Q2 revenue up 40.1% YoY to $20.82B and net income up 36.3% YoY to $7.62B, both above estimates, as demand for advanced AI chips continue to surge
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www.cnbc.com
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9 days ago
AI
Nasdaq fell 2.77% in its worst session since December 2022, with ASML shares down 12.74%, Nvidia down 6.62%, and Meta down 5.68%; TSMC shares on NYSE fell 7.98%
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www.cnbc.com
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9 days ago
Nvidia
Global chip stocks fell sharply after reports of tighter export restrictions from the US and comments from Trump, who said Taiwan should pay the US for defense
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9 days ago
Trump
Taiwan
ASML reports Q2 net sales of €6.24B ($6.8B) vs. €6.03B est., net income of €1.58B vs. €1.43B est., and expects 2024 total net sales to be similar to 2023
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10 days ago
US Senate preliminary report: Amazon Prime Day is a “major” cause of worker injuries, with Prime Day 2019 data showing “just under” 45 injuries per 100 workers
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10 days ago
Amazon
Senate
Source: online ticketing service StubHub delays a potential US IPO until after Labor Day, after reportedly eyeing a summer IPO with a $16.5B+ valuation
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14 days ago
IPO
Etsy CEO Josh Silverman says Etsy is positioning itself “to answer the call for original goods and real people” by overhauling its policies and adding labels
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17 days ago
Amazon announces an updated $79 Echo Spot alarm clock, with a revamped design and improved audio quality, the first update to the device since its 2017 launch
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17 days ago
Amazon
Circle says it has been granted an e-money license from France, making it compliant with stablecoin provisions under EU's tough crypto laws
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25 days ago
France
Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., and forecasts Q4 revenue in line with estimates
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30 days ago
4Q
A look at YouTube's growing dominance as Nielsen says it had ~10% of all viewership on connected and traditional TVs in the US in May, ahead of Netflix's 7.6%
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www.cnbc.com
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30 days ago
YouTube
Netflix
At Nvidia's first shareholder meeting since the recent stock surge, CEO Jensen Huang laid out Nvidia's strategy to maintain its position amid rising competition
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30 days ago
Nvidia
Google is testing facial recognition tech for campus security at an office near Seattle; people entering the building will not be able to opt out
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www.cnbc.com
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30 days ago
Google
Seattle
Facial Recognition
Prince Constantijn of the Netherlands, a special envoy to Techleap startup accelerator, says Europe risks falling behind the US and China by over-regulating AI
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www.cnbc.com
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2024-6-26
China
Europe
Startup
AI
Netherlands
Cruise names Marc Whitten, a former Amazon and Microsoft executive, as its new CEO
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www.cnbc.com
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2024-6-26
Amazon
Microsoft
Source: OpenAI has changed its policies towards secondary share sales to let current and former employees participate equally in its annual tender offers
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2024-6-25
Despite a $3T+ valuation, Nvidia remains a little-known brand outside gaming and tech industries due to the speed of its ascent and lack of consumer contact
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www.cnbc.com
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2024-6-23
Nvidia
SpaceX unveils Starlink Mini, a compact version of its satellite internet antenna “that can easily fit in a backpack”, offering a “limited number” for $599 each
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www.cnbc.com
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2024-6-21
SpaceX
Nvidia passes Microsoft during intraday trading to become the most valuable public company, with a ~$3.33T market cap; NVDA is up over 9x since January 2023
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www.cnbc.com
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2024-6-19
Microsoft
Nvidia
Margrethe Vestager says Apple has a number of “very serious” issues under the EU's DMA, and the conclusions of an investigation will arrive “hopefully soon”
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2024-6-18
Apple
Sources: activist fund Starboard Value has taken a ~$500M stake in Autodesk and spoken to its board over concerns regarding a probe that led to its CFO's ouster
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2024-6-17
Tempus AI's shares closed up 8.8% at $40.25 in the company's Nasdaq debut, giving it a market value of about $6.6B, after raising $410.7M in its IPO
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www.cnbc.com
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2024-6-15
IPO
AI
Adobe Q2: revenue up 10% YoY to $5.31B, vs. $5.29B est., Digital Media revenue up 11% to $3.91B, Digital Experience revenue up 9%; ADBE jumps 14%+ after hours
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2024-6-14
Adobe
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