Palantir shares rocket 30% after revenue beat, strong demand for AI
Shares of Palantir popped Tuesday after the company released fourth-quarter earnings that surpassed analysts' expectations for revenue.
CNBC Technology
Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo
Amazon has continued to announce job cuts this year after more than a year of mass layoffs.
Meta says it will identify more AI-generated images ahead of upcoming elections
Meta will take a harder stance on misinformation and deepfakes ahead of upcoming elections around the world, the company said Tuesday.
Adam Neumann is trying to buy WeWork, but Third Point says financing not committed
Billionaire Adam Neumann is trying to buy back bankrupt real estate company WeWork, DealBook reported Tuesday.
World's biggest chipmaker TSMC to open second Japan factory with backing from Sony, Toyota
The expansion of TSMC's operations in Japan highlights the Japanese government's push to onshore manufacturing of semiconductors.
Palantir stock jumps 19% as AI demand drives revenue beat
Palantir reported fourth-quarter earnings after the bell Monday.
Snap to lay off 10% of global workforce, around 500 employees
The Snapchat owner said it will cut 10% of its staff, the latest round of big tech layoffs even as stocks soar.
Digital ad market shows signs of sharp rebound as Meta, Amazon point to growth
The digital advertising market appears to be on the upswing based on quarterly results last week from Alphabet, Meta and Amazon.
Delivery Hero reverses losses to climb 5% after reporting sales growth in line with targets
Delivery Hero put out preliminary results Monday, earlier than they were expected to drop, after the company saw 26% erased from its share value last week.
Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
Microsoft CEO Satya Nadella is marking a decade at the helm, and he's now overseeing the world's most valuable company.
Tech's longtime highfliers are growing up by getting smaller
Wall Street is rewarding tech companies like Meta and Amazon for showing financial discipline and maturation.
Three people indicted in $400 million FTX crypto hack conspiracy
The three defendants are charged with conspiracy to commit wire fraud and conspiracy to commit aggravated identity theft and access device fraud.
Amazon warns climate change could disrupt its business in annual filing
Amazon is telling investors that the climate crisis could start having a material effect on its business.
Mark Zuckerberg's engagement in combat sports is investment risk, Meta says
In Meta's latest annual filing, the company said CEO Mark Zuckerberg's involvement in "combat sports" and other activities is a risk to investors.
Meta's Zuckerberg sees $28 billion windfall after shares rocket
Meta CEO Mark Zuckerberg's net worth is now $165 billion, making him richer than Microsoft founder Bill Gates.
Tech execs are telling investors they have to spend money to make money on AI
On this week's earnings calls, tech executives highlighted the need in AI to build infrastructure and the opportunities to make money with agents.
Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend
Meta shares surged 20% on Friday, after profits tripled in the fourth quarter and the company issued its first-ever dividend.
Apple's Vision Pro virtual reality headset launches in U.S.
The new virtual reality headset is now available for pickup at all U.S. Apple Store locations and the online U.S. Apple Store.
Apple's sales plunged in China — these are the iPhone giant's 5 biggest problems right now
Apple is facing challenges in China including cautious consumer sentiment and intense competition, in particular from a rejuvenated Huawei.
AI lobbying spikes 185% as calls for regulation surge
AI-related lobbying reached new heights in 2023, with more than 450 organizations participating in the practice — a 185% increase from the year before.
Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
Subscribe to CNBC Technology feed
#channel