Trimble to buy back $800 million worth of shares, expand board following Jana investment
The industrial technology company will add two directors and expand its share buyback shortly after activist investor Jana Partners disclosed its stake.
CNBC Technology
Symptoms from excessive screen time cost the U.S. $73 billion a year, study finds
Nearly 70% of people working office jobs spend upward of seven hours a day watching screens, study finds.
Elon Musk's Neuralink implants brain tech in human patient for the first time
The in-human clinical trial marks just one step on Neuralink's path toward commercialization.
OpenAI is working on AI education and safety initiative with Common Sense Media
OpenAI is partnering with Common Sense Media on an initiative to create AI guidelines and education materials for teens and families.
Reed Hastings sells $1.1 billion in Netflix shares
Netflix co-founder and executive chairman Reed Hastings has gifted two million shares of the streaming giant, according to a regulatory filing.
Bitcoin bounces above $43,000, turns positive for 2024
The price of bitcoin broke above the $43,000 level on Monday as the cryptocurrency extended its recent gains.
How the Apple iPhone became one of the best-selling products of all time
Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff
Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.
Activists are eyeing tech stocks ahead of expected M&A rebound after two-year lull
Activist investors need a vibrant M&A market in order to make big money on their campaigns, and 2024 is off to a promising start for them.
Baidu's Ernie AI chatbot to power Samsung's new Galaxy S24 smartphones
Chinese tech giant Baidu will partner Samsung to integrate its Ernie chatbot capabilities into Galaxy S24 smartphones.
Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records
So far in January, some 23,670 workers have been laid off, the most in any month since March, according to the website Layoffs.fyi.
Apple opens up iPhone app store in Europe, a major crack in its 'walled garden'
Apple didn't make these moves voluntarily — they were required by a new European law, the Digital Markets Act.
Intel has worst day since 2020 on weak outlook
Intel's revenue guidance for the first quarter was below every analyst's estimate.
Bitcoin turns positive for the week as investor worries about GBTC sell pressure subside
Investors were taking some comfort Friday in the idea that outflows from the Grayscale Bitcoin ETF (GBTC) could be starting to taper off.
Tesla recalls nearly 200,000 vehicles in the U.S. over rearview camera bug
Tesla is recalling nearly 200,000 cars due to a software bug that prevented the rearview camera image from displaying, U.S. safety regulators said Friday.
Intel stock sinks more than 10% as early 2024 outlook comes up short
Intel has struggled to keep pace with rival chipmakers Nvidia and AMD, which are benefiting from the AI boom.
UK opens antitrust probe into Vodafone merger with CK Hutchison's Three mobile network
Britain's competition watchdog said it is opening a probe into the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison.
AI hiring frenzy to fuel layoffs in other tech segments as firms strive to balance costs
Industry experts said that more layoffs could come in 2024 as tech firms shift investments to focus on AI.
FTC launches AI inquiry into Amazon, Alphabet, Microsoft, looking at 'investments and partnerships'
FTC Chair Lina Khan said on Thursday that her agency is looking into AI deals among the biggest players developing and using the technology.
Tesla shares close down 12% after automaker warns of slowdown
Tesla said vehicle volume growth in 2024 "may be notably lower" than last year's growth rate.
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