Oddity starts trading with a 35% debut pop — here's what the beauty and tech company does
Oddity Tech, the beauty platform behind the Il Makiage and Spoiled Child brands, opened on the public markets with an approximate valuation of $2.7 billion.
CNBC Technology
Nasdaq pauses crypto custody plans citing the 'shifting' regulatory climate
Nasdaq is dropping its plans to release a crypto custody business, CEO Adena Friedman said on the company's earnings call Wednesday.
UAE crypto scammer sentenced to 8 years in prison for multimillion-dollar fraud scheme
Olalekan Jacob Ponle, or Woodberry, already surrendered 15 bitcoins and will pay a further $8 million in restitution and forfeit a variety of high-end cars.
The feds just laid out new guidelines for approving mergers — here they are
The new guidelines are meant to give businesses and courts a sense of how the two agencies determine whether a deal is unlawful.
Netflix gets rid of cheapest basic ad-free option in the U.S., U.K.
Netflix removed its least-expensive commercial-free plan in the U.S. and U.K. soon after the introduction of its cheaper, ad-supported option.
Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit
ASML said second-quarter net profit totaled 1.9 billion euros ($2.1 billion), marking a 37.6% year-on-year rise.
Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.
Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence.
Microsoft goes beyond OpenAI, makes Meta's new A.I. model available to Azure customers
Meta's new artificial intelligence language model, dubbed Llama 2, will be available on Microsoft's Azure cloud-computing service.
TikTok tests music-streaming service in Australia, Mexico and Singapore
The expansion comes after the popular short video app launched TikTok Music in Indonesia and Brazil earlier this month.
Microsoft's Bing Chat A.I. bot now lets you search using images
Users can now take or upload a photo to Bing Chat and ask for more information on it via desktop or the Bing app.
Google restricting internet access to some employees to reduce cyberattack risk
Some workers who need the internet to do their job will get exceptions, the company stated in materials.
Meta rolls out first feature update to Threads since launch earlier this month
Instagram updated the iOS version of its Threads app, which now includes a follows tab.
Microsoft closes at record after revealing pricing for new A.I. subscription
Microsoft shares rallied to an all-time high after the company announced pricing for its new Microsoft 365 artificial intelligence subscription service.
Fervo Energy hits milestone in using oil drilling technology to tap geothermal energy
Geothermal company Fervo Energy announced a key milestone in bringing its clean, hot rock energy to the grid at scale.
Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight
Ripple is confident U.S. banks will want to use XRP for cross-border transactions after a judge gave it a partial victory over the SEC.
Microsoft stock pops after it announces $30 per month A.I. subscription for Microsoft 365
Microsoft will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word.
Amazon sees decline in carbon emissions for the first time
Emissions are still up roughly 40% from 2019, the year Amazon first began disclosing its carbon footprint.
Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts
Most outsourced programmers in India will see their jobs wiped out in the next year or two, Stability AI CEO Emad Mostaque said.
Meta and Qualcomm team up to run big A.I. models on phones
Large language models (LLMs) are the technology that underpin applications like OpenAI's ChatGPT that can return out text that resembles human output.
This is one of the best new features coming to your iPhone this fall
One of the best new features in iOS 17, StandBy, turns your iPhone into a bedside alarm clock or fun desk companion.
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