CNBC

The new valuation is still below what Adobe offered to pay to buy Figma in 2022.

Apple shipped 10.1 million smartphones in the quarter in China, up 4% year on year, Canalys data showed.

Alibaba’s Quark AI Glasses will be powered by Alibaba’s Qwen large language model and its advanced AI assistant called Quark.

Samsung Electronics shares opened 3.5% higher after the company disclosed a $16.5 billion contract to supply semiconductors to a major global corporation.

Tesla shares plummeted as CEO Elon Musk’s promises for robotaxis failed to excite investors following another disappointing earnings report.

Tesla is trying to expand its robotaxi service, which so far is only being tested in Austin, Texas, to additional markets.

Shengjia Zhao will work directly with Zuckerberg and Alexandr Wang, the former CEO of Scale AI and now Meta’s chief AI officer.

The provider of software for defense agencies jumped about 3% on Friday to a record, ranking the company among the top 20 U.S. firms by market value.

Tesla has opened its first diner Supercharger station in Los Angeles, bringing a long-teased vision from Elon Musk to life.

Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its struggling business.