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Reddit shares plunge 25% in two days, finish the week below first day close
Reddit shares are plummeting after experiencing a rally stemming from the social media company's IPO last...
Amazon spends another $2.7B on Anthropic
Jakub Porzycki | Nurphoto | Getty ImagesAmazon is making its largest outside investment in its three-decade...
Sam Altman's Reddit stake worth over $600 million after first day pop on NYSE
Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as...
Reddit power users balk at chance to participate in IPO
Following the lead of companies like Airbnb and Rivian, Reddit is inviting some users to participate...
Reddit prices IPO at $34 in first major social media offering since 2019
In this photo illustration a Reddit logo is seen displayed on a smartphone.Mateusz Slodkowski | Sopa...
United Arab Emirates is using cloud seeding tech to make it rain
In the 1990s, the UAE introduced a rain enhancement methodology called cloud seeding. Cloud seeding is...
Saudi Arabia reportedly in talks with VCs to create mammoth $40B AI fund
Saudi Arabia's PIF has been on a buying spree as it seeks to diversify the kingdom's...
Nvidia announces its most powerful AI chip as it seeks to become a platform co.
Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI...
Doctors are turning medical generative AI into a booming business
Ambient clinical documentation was the talk of the HIMSS conference this year, where more than 30,000...
Tech layoffs highest since dot-com crash
The Google office in New York on February 2, 2023.Ed Jones | Afp | Getty ImagesAllison...
First major act to regulate AI passed by European lawmakers
The European Union's parliament on Wednesday approved the world's first major set of regulatory ground rules...
Google fires employee who protested Israel tech event as internal dissent mounts
Google fired an employee who disrupted an Israel executive's conference keynote this week, CNBC has learned.It's...
SpaceX Starlink terminals trafficked by New Jersey man
A New Jersey man was arrested on charges for allegedly trafficking 675 SpaceX Starlink terminals purchased...
MSFT engineer warns Copilot creates violent images, ignores copyrights
Shane Jones, who's worked at Microsoft for six years, has been testing the company's AI image...
Sergey Brin says in rare appearance that company 'messed up' Gemini image launch
Google's Sergey Brin spoke to a roomful of entrepreneurs over the weekend at the "AGI House"...
Reddit seeking a valuation of up to $6.5B in IPO
In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor...
Snowflake says Frank Slootman is retiring as CEO; stock plunges 20%
Frank Slootman, CEO of Snowflake, on the day of the company's initial public offering on Sept....
EA to lay off 5% of workforce, or about 670 employees
TechPublished Wed, Feb 28 20244:10 PM ESTWATCH LIVEEA announced Wednesday that it will cut 5% of...
Bumble Laying Off 37%
Bumble announced plans to lay off about 350 employees as part of its fourth-quarter earnings report...
Google CEO tells employees Gemini AI blunder 'unacceptable'
In a memo Tuesday evening, Google CEO Sundar Pichai addressed the company’s artificial intelligence mistakes, which...
FTC chair Lina Khan takes victory lap on blocking Nvidia-Arm merger
Federal Trade Commission Chair Lina Khan speaks during the New York Times annual DealBook Summit in...
Xiaomi bets big on its new electric vehicle – targets 20M premium users
Xiaomi is putting a premium price on its first electric car because it already has about...