Technology

Dado Ruvic | Reuters LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according to a top venture capitalist. Anne Glover, CEO and co-founder of Amadeus Capital, said Friday that the SVB crisis was caused by “utterly irresponsible” practices by Silicon Valley Bank and its

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google’s construction site on future San Jose megacampus sits idle as company halts development amid cost-cutting. Jennifer Elias In June 2021, Google won approval to build an 80-acre campus, spanning 7.3 million square feet of office space, in San Jose, California, the third-largest city in

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Theo Wargo | Wireimage | Getty Images A rough week for Elon Musk was capped on Friday when institutional shareholders in Tesla admonished the company’s board of directors to rein in an “over-committed” CEO Elon Musk in an open letter made public on Friday. The

Alejandro Mayorkas, secretary of the U.S. Department of Homeland Security, speaks during a new conference in Brownsville, Texas, U.S., on Thursday, Aug. 12, 2021. Veronica G. Cardenas | Bloomberg | Getty Images WASHINGTON – The Department of Homeland Security will establish a new task force to examine how the government can use artificial intelligence technology

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Reusable shopping bag with logo at Whole Foods Market grocery store in Dublin, California.  Smith Collection/Gado | Archive Photos | Getty Images Amazon‘s Whole Foods is letting go some corporate employees as part of a planned reorganization of select teams, and as its parent company

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Jeff Dean, head of artificial intelligence at Google LLC, speaks during a Google AI event in San Francisco, California, U.S., on Tuesday, Jan. 28, 2020. David Paul Morris | Bloomberg | Getty Images Alphabet is merging an internal Google research team called Brain with DeepMind,

Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Tesla is scheduled to report first-quarter earnings for 2023 after the close of trading on Wednesday.

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images As part of Meta’s latest round of job cuts announced in March, the

In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Rick Osterloh, senior vice president of devices and services at Google Bloomberg | Bloomberg | Getty Images Google will launch its first foldable smartphone sometime in June, challenging Samsung’s market-leading foldable phone business, according to internal communications viewed by CNBC. It plans to announce the

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Coinbase is preparing for a years-long court battle with the U.S. Securities and Exchange Commission, the company’s chief executive told CNBC Tuesday, after the regulator warned the cryptocurrency exchange of potential violations of securities law. Last month, the SEC issued Coinbase with a Wells notice,

In this article AAPL GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Kif Leswing/CNBC Apple now offers a savings account administered through its iPhone app that allows users to accrue over 4% interest. Setting up the savings account is straightforward, although users are required to have an active Apple Card. Accounts are administered by Goldman

A model of Angry Birds character ‘Red’ sits on display inside the reception area of the Rovio Entertainment Oy headquarters in Espoo, Finland, on Thursday, Feb. 28, 2019. Bloomberg | Bloomberg | Getty Images Japanese gaming giant Sega announced Monday it has made a 706 million euro ($776 million) offer for the maker of the

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google and Alphabet CEO Sundar Pichai said “every product of every company” will be impacted by the quick development of

In this article VORB SPCE ASTR Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit started as a program of Richard Branson’s Virgin Galactic in 2012, before being spun off into a separate company five years later. In the private space race, Virgin Orbit contended its method of launching its rockets — known as “air launch”

In this article WMT AMZN Follow your favorite stocksCREATE FREE ACCOUNT For years, Amazon warehouse staffers have complained about unsafe working conditions and the injury risks they face when rushing to fill packages and get them to customers in two days or less. While Amazon claims its injury rate is coming down, facility-level data released

TikTok logo displayed on a cellphone. Hyoung Chang | Denver Post | Getty Images Montana legislators approved a bill on Friday that would ban TikTok from being offered in the state in a 54-43 vote. The bill, SB 419, now goes to Montana Republican Governor Greg Gianforte for approval. TikTok, which is owned by China’s

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Tesla CEO Elon Musk is planning to launch an artificial intelligence start-up that would go head-to-head with OpenAI, the Financial Times reported Friday.

In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., announces the EGX Edge Supercomputing Platform during the company’s event at Mobile World Congress Americas in Los Angeles, California, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia’s most-advanced graphics cards are

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is introducing a cloud service called Bedrock that developers can use to enhance their software with artificial intelligence systems that can generate text, similar to the engine behind the popular ChatGPT chatbot powered by Microsoft-backed startup OpenAI. The announcement indicates that the largest provider

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy said he doesn’t pay much attention to the company’s stock price, even after the shares lost half their value in 2022 amid fears of a recession and a bad year for tech stocks across the board. “I don’t spend a lot