Tag: CNBC

Meta Considered Perplexity Acquisition Prior to Scale AI Deal
In a bold move to cement its position in the rapidly evolving artificial intelligence landscape, Meta Platforms Inc. has recently made waves with a staggering $14.3 billion investm...
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OpenAI Lands $200M Defense Deal for AI Security Tools
In a significant development for the intersection of artificial intelligence and national security, OpenAI, the company behind the widely recognized ChatGPT, has secured a $200 mil...
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Walmart Expands Drone Delivery to Three New States
Walmart, the retail giant, is taking to the skies with an ambitious expansion of its drone delivery program, signaling a bold step forward in the race to redefine last-mile logisti...
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Disney, Universal Sue Midjourney Over Copyright Breach
In a landmark legal battle that could reshape the intersection of artificial intelligence and intellectual property, Disney and Universal have filed a lawsuit against Midjourney, a...
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Walmart Expands Drone Delivery to 5 U.S. Cities
Walmart, the retail giant, is soaring to new heights with an ambitious expansion of its drone delivery program, a move that signals a transformative shift in how goods reach consum...
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U.S. Office Market Shrinks for First Time in 25 Years
The U.S. office real estate market is undergoing a historic shift, one that could signal the beginning of a long-awaited recovery for a sector battered by the seismic changes broug...
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Amazon’s ZeroOne Team Targets Tech Innovation Under J Allard
Amazon, the tech behemoth known for its sprawling e-commerce empire and innovative devices, has embarked on a bold new venture with the formation of a specialized team named ZeroOn...
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Trump Takes Issue With Apple’s India Manufacturing Plans
President Trump has taken issue with Apple's India manufacturing plans, as the company works to lessen its reliance on China....
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Microsoft Prepares to Lay Off Another 6,000
Microsoft is preparing for another round of layoffs, with the company laying off more than 6,000 employees as it continues "to implement organizational cha...
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Mark Zuckerberg Considered Instagram Spinoff to Avoid Antitrust Case
Meta CEO Mark Zuckerberg floated the idea of spinning off Instagram in 2018, seeing it as a possible way to avoid antitrust scrutiny....
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Amazon Passes Walmart’s Quarterly Revenue
Amazon has crossed a major milestone, besting Walmart's quarterly revenue for the first time, despite Walmart's concerted effort to fend the e-commerce gia...
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DeepSeek Suffers ‘Large-Scale Malicious Attacks’
On the heels of its biggest news day since its creation,...
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Microsoft Pauses Hiring Among US Consultancy Unit
Microsoft is pausing hiring of US consultants on the heels of a round of layoffs, the latest effort by the Redmond giant to cut costs....
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Amazon Ending ‘Try Before You Buy’ Program
Amazon has announced it is ending its ‘Try Before You Buy’ program that allowed shoppers to try clothes, shoes, and accessories before buying them....
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Microsoft Backs CrowdStrike, Says Delta Declined Help Repeatedly
Microsoft is confirming CrowdStrike's version of events, saying CrowdStrike repeatedly turned down offers of help from Microsoft, including CEO Satya Nadel...
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