IBM reports earnings beat, but misses on revenue
IBM's data and artificial intelligence products showed the fastest expansion, growing 10% from a year earlier, the company said.
CNBC Technology
House committee takes aim at U.S. venture capital firms for investments in Chinese A.I.
The House Select Committee on the Chinese Communist Party sent letters to GGV Capital, GST Ventures, Qualcomm Ventures, and Walden International
Netflix earnings showcase strength as the rest of the media industry struggles
Netflix's core business continues to chug along as the rest of the media and entertainment industry searches for new growth.
Apple stock pops on report it's developing its own equivalent of ChatGPT
The move signals Apple is taking recent advances in the technology seriously and is considering integrating them into future products.
Microsoft and Activision agree to extend $69 billion deal deadline in wait for UK approval
Microsoft and Activision Blizzard agreed Wednesday to extend their deal deadline to give themselves more time to address concerns from competition regulators.
These stocks stand to gain from Biden's historic climate bill, according to BofA
Bank of America released a rundown of companies that stand to benefit from the historic climate bill, broken down by sector.
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.
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.
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