Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
The move aims to make "cloud capabilities more inclusive and accessible in the era of AI," said Alibaba Cloud on Thursday.
CNBC Technology
Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%
Snowflake said CEO Frank Slootman is retiring and being replaced by Google's former ad head.
Biden issues executive order aimed at protecting Americans’ sensitive data from China, other 'hostile countries'
U.S. President Joe Biden will issue a new executive order intended to safeguard the personal data of American citizens from countries deemed hostile.
Salesforce beats on earnings but forecasts single-digit revenue growth for the year
Salesforce said revenue growth will slow to 8.6% in the new fiscal year, but revenue guidance exceeds Wall Street's estimates.
Bitcoin bull Michael Saylor nets $700 million in gains on 3-day pop in crypto and MicroStrategy
MicroStrategy Chairman Michael Saylor is having a huge week, given the massive three-day rally in his company's stock and the price of bitcoin.
Bitcoin surges, briefly touching $64,000 for the first time since November 2021
Bitcoin continued its surge on Wednesday, shooting above $63,000 for the first time since November 2021.
Apple CEO Tim Cook says company is 'investing significantly' in generative AI
Tim Cook's remarks at Apple's annual shareholder meeting represent one of the strongest signals that Apple is embracing the generative AI craze.
EA to lay off 5% of workforce, or about 670 employees
EA's announcement marks the latest round of layoffs among video game companies in recent months.
Coinbase users see $0 balance after crypto-trading app suffers glitch
Coinbase users took to social media platform X on Wednesday screenshots showing that their accounts appeared to have no money in them.
Top Amazon aggregator Thrasio files for bankruptcy
Aggregators like Thrasio raised billions of dollars from investors looking to cash in on the third-party seller rollup craze.
Apple cancels plans to build an electric car
Apple will wind down its team working on electric cars, called Special Projects Group, according to a report from Bloomberg News.
Honor to launch its first foldable flip phone to challenge Samsung
Honor will launch a foldable flip phone this year, the Chinese smartphone maker's CEO George Zhao told CNBC in an exclusive interview.
From expanding screens to see-through displays: How tech giants are trying to jazz up their gadgets
Gadget makers are experimenting with various types of displays from expandable to bendable screends on their devices to stand out from the crowd.
Bumble to lay off 350 employees as tech industry job cuts mount
Bumble announced plans to lay off about 350 employees in its fourth-quarter report Tuesday.
OpenAI alleges New York Times 'hacked' ChatGPT for lawsuit evidence
OpenAI asked a judge to dismiss parts of The New York Times' lawsuit against it, alleging that the media company "paid someone to hack OpenAI's products."
Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce
Sony Interactive Entertainment on Tuesday said it will lay off 900 employees in its PlayStation unit.
Fraudster who peddled fake pre-IPO Airbnb stock falsely claimed to represent Egypt's Mansour family
Shamoon Rafiq impersonated a close associate of the billionaire Mansour family in a scheme to defraud investors by selling them nonexistent Airbnb equity.
Bitcoin firm MicroStrategy pops 27% in two days as company's crypto stake hits $11 billion
MicroStrategy announced Monday that it added another $155 million worth of bitcoin to its balance sheet.
Hims & Hers soars 31% on rapid growth in mental health, weight loss and dermatology treatments
Shares of Hims & Hers Health popped Tuesday after the company reported better-than-expected quarterly results.
Outages from cyberattack at UnitedHealth's Change Healthcare extend to seventh day as pharmacies deploy workarounds
Change Healthcare's systems are down for the seventh straight day after a cyber threat actor gained access to its network last week
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