OpenAI's Sam Altman exits as CEO because 'board no longer has confidence' in his ability to lead
OpenAI's board of directors said Friday that Sam Altman will step down as CEO and that technology chief Mira Murati will become interim CEO.
CNBC Technology
Apple, Disney, other media companies pause advertising on X after Elon Musk boosted antisemitic tweet
Apple, Disney, Warner Bros., Comcast, and Lions Gate have paused online ad campaigns on X after owner Elon Musk made antisemitic comments on the platform.
Elon Musk boosts antisemitic tweet, claims ADL and other groups push 'anti-white' messaging
Musk agreed with a tweet that said Jewish people have been pushing "dialectical hatred" against whites, and later criticized the Anti-Defamation League.
Tech stocks wrap up strongest three-week rally since early days of Covid in April 2020
The Nasdaq just closed out its best three-week run since April 2020, driven by encouraging data on inflation
Amazon says employees may not get promoted if they ignore return-to-office mandate
Several months after requiring that staffers work out of physical offices at least three days a week, Amazon is making sure the rule is being followed
Germany approves financial reforms to help its tech industry compete with Silicon Valley
Germany on Friday approved a litany of changes to its rules for stock-based compensation at tech startups, listing of companies and taxation.
White House blasts Elon Musk for promoting 'Antisemitic and racist hate'
The White House said it was "unacceptable to repeat the hideous lie behind the most fatal act of Antisemitism in American history at any time."
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.
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
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