Amazon cuts 'several hundred' jobs in Alexa division
The company's devices and services unit, which includes Alexa, was hit by an earlier round of layoffs.
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Alibaba sheds over $20 billion in market value after scrapping plans to list its cloud business
Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet.
The 'Apple of e-bikes' targets profitability next year even as rivals enter bankruptcy
Adrien Roose, CEO and co-founder of e-bike firm Cowboy, told CNBC this week that he expects the company to reach profitability on a full-year basis in 2024.
IBM suspends advertising on X after report says ads ran next to antisemitic content
IBM's announcement that it's halting ads on X came a day after Elon Musk boosted an antisemitic post on his platform
Google CEO Sundar Pichai compares AI to climate change at APEC CEO Summit
Google CEO Sundar Pichai said on Thursday that people across the globe have a shared responsibility when it comes to artificial intelligence
IMF says central bank digital currencies can replace cash: 'This is not the time to turn back'
Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.
Singapore to pilot use of wholesale central bank digital currencies in 2024
Singapore will pilot the live issuance and use of wholesale central bank digital currencies next year, the Monetary Authority of Singapore said Thursday.
Alibaba's Hong Kong shares drop 10% after it shelves cloud spinoff, citing U.S. chip restrictions
Shares of Chinese e-commerce giant Alibaba slid after it announced it would not proceed with the full spinoff of its cloud group.
Amazon will allow auto dealers to sell cars on its site, starting with Hyundai
The company has slowly entered the car buying business over the years by launching a digital showroom for shoppers to research and compare vehicles.
Cisco stock falls 10%, the worst day in over a year
Cisco shares fell Thursday after it lowered its revenue guidance for full-year 2024.
You can now use AI in Google to help with your holiday shopping. Here's how
Google is using artificial intelligence to try to make holiday shopping easier.
Microsoft is bringing its Copilot chatbot to Windows 10
The Copilot came to Windows 11 first. Soon Microsoft will start testing it on the more widely used Windows 10, which loses support in less than two years.
Mom and pop shops are cutting software spending, creating jitters on Wall Street
Software vendors that serve small and medium-sized businesses have gotten hammered by investors recently due to concerning forecasts
Microsoft Office will now use AI to make meetings less painful
Microsoft is giving its Copilot new capabilities while keeping the $30 monthly price the same. One Visa executive was already content with the assistant.
Airbnb acquires AI startup for just under $200 million
Airbnb has made its first acquisition as a public company, in a deal valued at just under $200 million, sources familiar with the deal told CNBC.
X, formerly Twitter, being 'overrun by trolls and lunatics' after Musk takeover, Wikipedia founder says
A war of words between the Wikipedia founder Jimmy Wales and Elon Musk goes back to last year.
Cisco stock plunges on light guidance after product order slowdown
Cisco's pace of product orders decelerated as customers worked to implement offerings they bought in the past few quarters.
Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says
Microsoft CEO Satya Nadella told CNBC's Jon Fortt that the company has notable Chinese customers that operate outside the mainland
Cruise is taking all its vehicles off public roads amid expanded safety probe, staff changes
Cruise, General Motors' embattled driverless car unit, said Tuesday it will pause all public road operations: supervised, manual and driverless.
Microsoft announces custom AI chip that could compete with Nvidia
Microsoft will give its Azure cloud clients more choices for standard computing workloads and artificial intelligence, following market leader Amazon.
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