Articles from www.cnbc.com

Articles from www.cnbc.com

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 (www.cnbc.com)
2024-6-27 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 (www.cnbc.com)
2024-6-27 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 (www.cnbc.com)
2024-6-26 China Europe Startup AI Netherlands

Cruise names Marc Whitten, a former Amazon and Microsoft executive, as its new CEO (www.cnbc.com)
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 (www.cnbc.com)
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 (www.cnbc.com)
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 (www.cnbc.com)
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 (www.cnbc.com)
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” (www.cnbc.com)
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 (www.cnbc.com)
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 (www.cnbc.com)
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 (www.cnbc.com)
2024-6-14 Adobe

Donald Trump met ~12 Bitcoin mining executives in Florida, and says he wants “all the remaining Bitcoin to be made in the USA” to help US be “energy dominant” (www.cnbc.com)
2024-6-14 Trump U.S. Bitcoin Energy

Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year earlier (www.cnbc.com)
2024-6-13

Elon Musk withdraws his lawsuit against OpenAI, Sam Altman, and Greg Brockman, filed in California court in February, for breach of contract and fiduciary duty (www.cnbc.com)
2024-6-12 Elon Musk California

Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL up 7%+ after hours (www.cnbc.com)
2024-6-12 Google Oracle 4Q

Current and former OpenAI staff are increasingly worried about the company's power over their equity, with no IPO in sight, restrictive company policies, more (www.cnbc.com)
2024-6-12 IPO Equity

Nvidia hits a $3T market cap and passes Apple as the second most valuable public US company, behind Microsoft (www.cnbc.com)
2024-6-6 Microsoft Apple Nvidia

Singapore-based Nium, a B2B cross-border payments infrastructure provider, raised $50M at a $1.4B valuation, down from $2B in 2022, as the firm eyes a 2025 IPO (www.cnbc.com)
2024-6-5 IPO Singapore

Databricks says it will acquire Tabular, a data-management startup that helps companies optimize data with the Apache Iceberg format and more, for over $1B (www.cnbc.com)
2024-6-5 Startup

Nvidia staff emails: Elon Musk gave Tesla shareholders an exaggerated picture of Tesla's chip deals, and diverted “12k of shipped H100 GPUs” for Tesla to X (www.cnbc.com)
2024-6-4 Tesla Elon Musk Nvidia

Sweden-based Doconomy, which helps bank customers measure the carbon footprint of everyday spending, raised a €34M Series B co-led by UBS and CommerzVentures (www.cnbc.com)
2024-5-31 Sweden

Sources and docs: Twitch terminates its Safety Advisory Council, which consisted of experts, streamers and moderators who consulted on trust and safety issues (www.cnbc.com)
2024-5-31

Verizon and satellite provider AST SpaceMobile partner to provide space-based broadband service direct to phones; Verizon committed $100M as part of the deal (www.cnbc.com)
2024-5-30

UiPath CEO Rob Enslin is resigning on June 1, to be replaced by co-founder Daniel Dines, who stepped down as co-CEO on January 31; PATH drops 30%+ after hours (www.cnbc.com)
2024-5-30

Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% over the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B (www.cnbc.com)
2024-5-29 Alibaba

HubSpot shares jump 8%+ after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company (www.cnbc.com)
2024-5-29 Alphabet

T-Mobile plans to acquire most of UScellular, including stores, some of the wireless operator's spectrum, and its customers, in a $4.4B deal, including $2B debt (www.cnbc.com)
2024-5-28 Mobile

Similarweb: Truth Social's average number of US monthly visits was just over 4M from May 2023 to April 2024, down 39%+ from the prior 12-month period (www.cnbc.com)
2024-5-25

A look at the challenges facing AWS' new CEO Matt Garman as the cloud unit battles the perception that it's falling behind Microsoft and Google in AI rollouts (www.cnbc.com)
2024-5-25 Google Microsoft AI

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