Sen. Warren, others urge FTC, DOJ to scrutinize tech AI ‘acquihire’ deals for antitrust violations
The senators wrote that the FTC and DOJ should “carefully scrutinize these deals and block or reverse them should they violate antitrust law.”
CNBC
Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery
Uber said revenue in its food delivery business increased 30%, beating analysts’ estimates.
Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery Read More »
Sandberg, other Meta vets invest in AI workplace communications startup
Slashwork is backed by former Meta executives Sheryl Sandberg, David Fischer, Carolyn Everson and Julien Codorniou, who led Facebook Workplace.
Sandberg, other Meta vets invest in AI workplace communications startup Read More »
AMD is down 9% after reporting earnings. Here’s why
The chipmaker’s stock has surged over the past year amid the AI boom
AMD is down 9% after reporting earnings. Here’s why Read More »
CNBC Daily Open: UBS posts strong earnings while Novo Nordisk’s U.S. shares crater on slowing growth
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that there’s “no drama involved” between the company and OpenAI. “Everything’s on track,” he added.
Nintendo shares sink 10% as gaming giant faces memory shortage concerns
Nintendo fell over 10% in Asia trade as the gaming giant faces headwinds from an unprecedented memory shortage.
Nintendo shares sink 10% as gaming giant faces memory shortage concerns Read More »
‘Muskonomy’ shakeup: SpaceX valuation approaches Tesla’s after merger with xAI
Elon Musk is now overseeing two companies worth over $1 trillion, at least on paper.
‘Muskonomy’ shakeup: SpaceX valuation approaches Tesla’s after merger with xAI Read More »
Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs
Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that there’s “no drama involved” between the company and OpenAI. “Everything’s on track,” he added.
KKR and Singtel to acquire remaining stake in data center firm STT GDC for over $5 billion
The deal pegs the enterprise value at S$13.8 billion.