Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions
Microsoft has reportedly asked employees at its China-based cloud-computing and artificial-intelligence operations to consider relocation outside of China.
CNBC Technology
Raspberry Pi, a computing startup backed by Sony, heads for rare London IPO
Raspberry Pi, which makes tiny single-board computers, said in a filing that it is considering an initial public offering on the London Stock Exchange.
China is still an important market even if investors diversify from it now, says Peak XV
China will still be an important market in the years to come, said Peak XV, despite firms diversifying away from the country amid geopolitical concerns.
Uber announces shuttle rides, features for caregivers and Costco perks
Uber on Wednesday announced several new product updates like Uber Shuttle, Costco perks and a feature that lets caregivers book rides for loved ones.
Palo Alto Networks is buying security assets from IBM to expand customer base
Palo Alto Networks is buying IBM's QRadar as part of a bigger partnership between the two companies.
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.
Bitcoin is having its best day since March following cooler April inflation reading
Bitcoin jumped with stocks on Wednesday after the April consumer price index showed inflation eased from the previous month.
Dell surges 11% on optimism it has secured big AI server orders
"All-in, we are hearing about more AI server momentum at Dell than at any other OEM," wrote Morgan Stanley's Erik Woodring.
A half-million school buses across US could become EV battery powerhouse feeding energy back onto the grid
Zum and Oakland schools will send power from EV school bus batteries back to the grid, marking a major effort to scale the energy supply stored in vehicles.
Instagram co-founder Mike Krieger joins Amazon-backed Anthropic
Instagram co-founder Mike Krieger is joining Anthropic as the chief product officer. Anthropic is one of the hottest artificial intelligence startups.
Reddit shares close near record after two-day rally driven by meme stocks
Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy.
Amazon's appearance at Upfronts highlights push beyond digital ads and into traditional media
Amazon made its debut Upfronts pitch to advertisers, putting it on stage with major media networks.
Baidu’s robotaxi unit expects to turn profitable next year
The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.
OpenAI co-founder Ilya Sutskever says he will leave the startup
OpenAI co-founder Ilya Sutskever said Tuesday that he's leaving the Microsoft-backed startup.
Why bitcoin hasn't joined the latest meme stock craze this week
Bitcoin isn't running alongside meme stocks as it did three years ago.
Google CEO Pichai says company will 'sort it out' if OpenAI misused YouTube for AI training
YouTube's videos have been used to help companies with AI model training.
Amazon Web Services CEO Adam Selipsky to step down
The departure of Adam Selipsky, CEO of Amazon's cloud computing business, is the latest high-profile executive exit from the company led by Andy Jassy.
Google I/O wrap-up: Gemini AI updates, new search features and more
Google talked about updates to Gemini, its AI models, its Tensor TPU and more during Google I/O 2024. Here's a recap.
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.
Tesla is sued over air pollution from factory operations in Fremont, California
A California nonprofit has sued Tesla over what it calls the company's "ongoing failure to comply with the Clean Air Act" at its Fremont assembly plant.
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