Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Facebook parent company Meta on Thursday was hit with a major investigation from the European Union into alleged breaches of the bloc’s strict online content law
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Shailendra Singh. Lionel Ng | Bloomberg | Getty Images China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating tensions with the U.S., according to Peak XV Partners, formerly Sequoia Capital India and Southeast Asia. “The China Plus
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Amazon has become a growing threat to digital ad incumbents Meta and Google, attracting billions of dollars a quarter from brands that are trying to reach the masses of consumers who swarm to the site on a daily
Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company’s co-founder and chief scientist Ilya Sutskever, speak together at Tel Aviv University in Tel Aviv on June 5, 2023. Jack Guez | Afp | Getty Images OpenAI co-founder Ilya Sutskever said Tuesday that he’s leaving the
In this article TSLA RIVN F GM Follow your favorite stocksCREATE FREE ACCOUNT The future of Tesla Supercharging is uncertain following CEO Elon Musk’s disbanding of the Supercharging team as part of a broader restructuring. The roughly 500 layoffs included senior director of EV charging Rebecca Tinucci and Daniel Ho, director of vehicle programs. Musk’s
From left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe Botteri. Accel Venture capital firm Accel said Tuesday it’s raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Demis Hassabis is a celebrated name in artificial intelligence research. He’s a chess master and a neuroscientist. On Wall Street, he’s less known. That may not be true for long. Hassabis is emerging as the face of Google’s mammoth AI effort and on Tuesday will
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. The company, which has yet to generate
Tesla CEO Elon Musk Omar Marques | Getty Images A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the scraping of public online data and its appropriate uses. X, formerly Twitter, sued Bright Data, alleging the company “scrapes data from X” and sells it “using
Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory on May 10, 2024 near Gruenheide, Germany. Axel Schmidt | Getty Images Climate protesters angry about Tesla’s plans to expand its Berlin-Brandenburg Gigafactory in Germany tried to break into the plant on Friday, according to a statement from local police. “Multiple
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024. Willy Kurniawan | Reuters Apple took on Thursday the unusual step of apologizing for a short advertising video promoting the
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. Alex Wroblewski | Bloomberg | Getty Images A House committee wants Microsoft‘s top lawyer, Brad Smith, to attend a hearing this month on exploits of
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corporation on Friday warned of intense competition in the chip
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Tesla is being accused of taking steps to
In this article SHOP SHOP-CA Follow your favorite stocksCREATE FREE ACCOUNT The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce Germany GmbH on August 08, 2022 in Berlin, Germany. Sean Gallup | Getty Images Shopify reported first-quarter earnings and sales on Wednesday that were ahead of
Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, on June 16, 2023. Gonzalo Fuentes | Reuters The European Union is seeking information from social media platform X
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Uber reported first-quarter results on Wednesday that came in slightly above analysts’ estimates for revenue, but the
Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images The National Highway Traffic Safety Administration is pressing Tesla for answers about changes the company made to its Autopilot driver assistance system following a voluntary software recall in December that affected about 2
Alex Kendall, 29, is the co-founder and CEO of autonomous driving startup Wayve. Source: Wayve British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round led by Japan’s SoftBank to accelerate the growth of its self-driving car technology. The Series C funding round included new investor U.S. chipmaker Nvidia and
In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Alex Karp, CEO of Palantir, arrives for the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Alex Wong | Getty Images Palantir shares fell 10% in extended trading on Monday after the defense tech
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