Wheely, Uber's luxury competitor, launches in Dubai to take on the UAE's dominant player
Wheely, a luxury-focused competitor to Uber, is launching in Dubai as it looks to rev up international expansion efforts that were quashed by Covid in 2020.
CNBC Technology
Meta is trouncing Snap in digital ads — here's why
As fourth-quarter earnings reports made clear, Snap is having a much tougher time than Meta when it comes to getting its ad business back on track.
Google says Singapore has 'very high' potential to be a global AI hub
"In order for AI to really deliver on its potential, you need really good public and private partnerships," Caroline Yap of Google Cloud told CNBC.
Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates 'headwind'
Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street's expectations.
Sonos shares rise 12% on earnings and revenue beat
Sonos shares rose after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations.
CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving
CleanSpark shares jumped after the company revealed plans to expand its mining presence and potentially double its hashrate in the first half of the year.
DocuSign to lay off 6% of workforce, or about 440 jobs
DocuSign announced Tuesday it will cut 6% of its workforce as part of a restructuring plan
Palantir shares rocket 30% after revenue beat, strong demand for AI
Shares of Palantir popped Tuesday after the company released fourth-quarter earnings that surpassed analysts' expectations for revenue.
Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo
Amazon has continued to announce job cuts this year after more than a year of mass layoffs.
Meta says it will identify more AI-generated images ahead of upcoming elections
Meta will take a harder stance on misinformation and deepfakes ahead of upcoming elections around the world, the company said Tuesday.
Adam Neumann is trying to buy WeWork, but Third Point says financing not committed
Billionaire Adam Neumann is trying to buy back bankrupt real estate company WeWork, DealBook reported Tuesday.
World's biggest chipmaker TSMC to open second Japan factory with backing from Sony, Toyota
The expansion of TSMC's operations in Japan highlights the Japanese government's push to onshore manufacturing of semiconductors.
Palantir stock jumps 19% as AI demand drives revenue beat
Palantir reported fourth-quarter earnings after the bell Monday.
Snap to lay off 10% of global workforce, around 500 employees
The Snapchat owner said it will cut 10% of its staff, the latest round of big tech layoffs even as stocks soar.
Digital ad market shows signs of sharp rebound as Meta, Amazon point to growth
The digital advertising market appears to be on the upswing based on quarterly results last week from Alphabet, Meta and Amazon.
Delivery Hero reverses losses to climb 5% after reporting sales growth in line with targets
Delivery Hero put out preliminary results Monday, earlier than they were expected to drop, after the company saw 26% erased from its share value last week.
Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
Microsoft CEO Satya Nadella is marking a decade at the helm, and he's now overseeing the world's most valuable company.
Tech's longtime highfliers are growing up by getting smaller
Wall Street is rewarding tech companies like Meta and Amazon for showing financial discipline and maturation.
Three people indicted in $400 million FTX crypto hack conspiracy
The three defendants are charged with conspiracy to commit wire fraud and conspiracy to commit aggravated identity theft and access device fraud.
Amazon warns climate change could disrupt its business in annual filing
Amazon is telling investors that the climate crisis could start having a material effect on its business.
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