Articles from www.cnbc.com

Articles from www.cnbc.com

A look at the annual Ethereum Community Conference, or EthCC, Ethereum's flagship European event, held in Cannes this year to showcase the network's growth (www.cnbc.com)
6 hours ago Europe Ethereum

Sam Altman says he believes in “techno-capitalism” and is “politically homeless” as Democrats no longer encourage a “culture of innovation and entrepreneurship” (www.cnbc.com)
1 day ago Democrat

Counterpoint Research: Apple's iPhone sales in China grew 8% YoY in Q2 2025, the first time Apple has recorded growth in China since Q2 2023 (www.cnbc.com)
1 day ago China iPhone Apple

Ilya Sutskever becomes the CEO of Safe Superintelligence, the AI startup he co-founded after leaving OpenAI; Meta reportedly poached previous CEO Daniel Gross (www.cnbc.com)
2 days ago Startup AI

CoreWeave receives Nvidia's Blackwell Ultra servers built by Dell, becoming the first cloud provider to install systems based on Nvidia's latest AI chips (www.cnbc.com)
2 days ago AI Nvidia

AI is making it easier to create VTubers and faceless voiceover channels, fueling a flood of virtual creators on YouTube and TikTok amid concerns over AI slop (www.cnbc.com)
2 days ago AI YouTube

Datadog is joining the S&P 500, replacing Juniper Networks after HPE acquired Juniper, before trading on July 9; DDOG jumps 10%+ after hours (www.cnbc.com)
2 days ago

OpenAI says the tokenized OpenAI shares Robinhood has started offering are not equity: “We did not partner with Robinhood...and do not endorse it” (www.cnbc.com)
3 days ago Equity

Tax credits for Intel, TSMC, and other chip companies under the Big Beautiful Bill rise from 25% to 35% if they expand their manufacturing in the US before 2026 (www.cnbc.com)
3 days ago Intel Tax Manufacturing

Source: Microsoft plans to lay off ~9,000 employees, or less than 4% of its global workforce, across teams and role types, after cutting ~6,000 jobs in May (www.cnbc.com)
3 days ago Microsoft

Figma files for an IPO, plans to trade on the NYSE under FIG, and reports Q1 revenue increased 46% YoY to $228.2M and net income grew from $13.5M to $44.9M YoY (www.cnbc.com)
4 days ago IPO

Huawei open sources its 7B and 72B Pangu AI models, and some of its model reasoning tech, to incentivize the use of Huawei products like its Ascend AI chips (www.cnbc.com)
4 days ago AI

Robinhood announces an expanded offering of tokenized US stocks across Europe, crypto staking in US, a Layer 2 blockchain for real-world asset settlement, more (www.cnbc.com)
5 days ago Blockchain Europe Asset

SEC filing: Oracle signed multiple large cloud agreements, including one that is expected to contribute $30B+ in annual revenue starting in FY28; ORCL jumps 5%+ (www.cnbc.com)
5 days ago Oracle

Baidu plans to open-source its Ernie LLM on June 30; some say this could cement China's AI leadership, while others doubt it will be a “DeepSeek moment” (www.cnbc.com)
6 days ago China AI

As Reddit turns 20, a look at its AI efforts, including the Reddit Answers chatbot, while it battles unauthorized scraping of user data for AI training (www.cnbc.com)
7 days ago AI chatbot Reddit

Trump says the US is “terminating all discussions on trade with Canada” in response to Canada's decision to impose a digital services tax on US tech firms (www.cnbc.com)
8 days ago Trump Tax Canada

A look at Zhipu AI, the China-backed startup offering AI tools to governments globally, as OpenAI says Zhipu is on the “front line” of the global AI race (www.cnbc.com)
9 days ago China Startup AI

FHFA Director William Pulte orders Fannie Mae and Freddie Mac to explore crypto as an asset for single-family mortgage applications without converting it to USD (www.cnbc.com)
9 days ago mortgage Asset

Asana names LaunchDarkly CEO Dan Rogers as its new CEO starting on July 21, replacing co-founder Dustin Moskovitz, who is retiring and will remain board chair (www.cnbc.com)
10 days ago

Bumble plans to cut 30% of its workforce, or about 240 roles, and invest the ~$40M saved annually into new product and tech development; BMBL rises 20%+ (www.cnbc.com)
10 days ago

Data management software vendor Rubrik agrees to acquire Predibase, which helps with deploying AI models; source: Rubrik plans to pay between $100M and $500M (www.cnbc.com)
10 days ago AI

Digital Asset, which builds Canton Network, an open-source public blockchain for regulated financial institutions, raised $135M co-led by DRW and Tradeweb (www.cnbc.com)
11 days ago Blockchain Asset

Anthony Pompliano's ProCap raised $750M+, including $235M in convertible debt, and is going public via a SPAC; the new firm aims to hold up to $1B in bitcoin (www.cnbc.com)
12 days ago Bitcoin

Amazon launches its second batch of 27 Kuiper satellites to low Earth orbit via a ULA rocket, taking the total in orbit to 54 of its planned 3,236 constellation (www.cnbc.com)
12 days ago Amazon

Circle shares jumped over 20% on Friday as investors cheered the US Senate approval of the GENIUS Act, and have surged ~675% since the company's IPO on June 5 (www.cnbc.com)
14 days ago IPO Senate

Coinbase says it has secured a MiCA license from Luxembourg to offer crypto services across the EU, and will shift its European base from Ireland to Luxembourg (www.cnbc.com)
15 days ago Europe Ireland Coinbase

Sources: Meta tried to buy Safe Superintelligence earlier this year; Zuckerberg moved to recruit SSI CEO Daniel Gross after Ilya Sutskever rebuffed the offer (www.cnbc.com)
15 days ago Zuckerberg

Sources: Google is using its expansive library of YouTube videos to train Gemini and Veo 3; Google says it only uses a subset of videos for the training (www.cnbc.com)
16 days ago Google YouTube

Klarna launches a $40/month unlimited mobile plan in the US via a partnership with telecom services startup Gigs, following similar offerings by Revolut and N26 (www.cnbc.com)
17 days ago Mobile Startup

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