In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is pausing construction of its second headquarters, dubbed HQ2, in Virginia, the company confirmed to CNBC on Friday. John Schoettler, Amazon’s real estate head, said in a statement the company is pushing out the groundbreaking of PenPlace, the second phase of the sprawling northern
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The Honor Magic Vs is on display at Honor’s stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor’s attempt to challenge Samsung in the foldable smartphone market. Arjun Kharpal | CNBC Honor CEO George Zhao has a simple philosophy — make the best products and the sales numbers for the Chinese
In this article ERIC.B-SE Follow your favorite stocksCREATE FREE ACCOUNT Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Swedish telecommunications giant Ericsson agreed to pay a $206 million penalty and pleaded guilty to violating the anti-bribery provisions of the Foreign Corrupt
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Salesforce shares soared 16% in extended trading on Wednesday after the cloud software maker beat Wall Street estimates on profit and issued a better-than-expected forecast. Here’s how the company did: Earnings: $1.68 per share, adjusted, vs. $1.36 per share as expected by analysts, according to
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks at Tesla’s 2023 investor day on March 1. Screenshot Electric vehicle maker Tesla hosted a 2023 Investor Day presentation in Austin, Texas, on Wednesday. CEO Elon Musk took the stage to share his “Master Plan 3,” and to discuss how Tesla plans
Apple is moving to in-house 5G modem chips for its 2024 iPhones, as far as the chief executive of Qualcomm — which currently produces them for the tech giant — is aware. “We’re making no plans for 2024, my planning assumption is we’re not providing [Apple] a modem in ’24, but it’s their decision to
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Chinese state-run newspaper issued a warning to Tesla CEO Elon Musk after he shared reporting on the U.S. Department of Energy’s “low confidence” assessment that the global Covid pandemic originated in a Wuhan laboratory. CNBC’s Eunice Yoon reported Tuesday morning on the warning from
In this article SSNNF Follow your favorite stocksCREATE FREE ACCOUNT Samsung said that 60% of the pre-orders for the Galaxy S23 smartphone series were for the S23 Ultra, the most expensive device in the lineup. Samsung is looking for double digit growth for its premium, higher priced smartphones in 2023. Tayfun Coskun | Anadolu Agency
Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters Elon Musk, the CEO of SpaceX, Tesla and Twitter, accused “the media” and “elite colleges and high schools” of being “racist” against white and Asian people, espousing his views without providing evidence on Sunday. Musk posted his
In this article .FKRX300 JOBY Follow your favorite stocksCREATE FREE ACCOUNT BARCELONA, Spain — South Korean telecommunications giant SK Telecom is planning to launch a flying taxi service in 2025 and expects it to generate “significant” revenue going forward, a senior executive told CNBC. Last year, SK Telecom and U.S. firm Joby Aviation inked a
Xiaomi is trying to push into the high end of the smartphone market with the Xiaomi 13 Pro. It will pit the Chinese giant against rivals Apple and Samsung. CFOTO | Future Publishing | Getty Images Xiaomi launched its flagship smartphone globally on Sunday as the Chinese electronics giant attempts to take a slice of
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The U.S. Supreme Court against a blue sky in Washington, D.C., US. Photographer: Stefani Reynolds/Bloomberg Bloomberg Creative | Bloomberg Creative Photos | Getty Images A legal test that Google’s lawyer told the Supreme Court was roughly “96% correct” could drastically undermine the liability shield that
In this article NOK NOKIA-FI Follow your favorite stocksCREATE FREE ACCOUNT The Nokia G22 smartphone from Finnish firm HMD Global comes with a removable back to let you swap out broken parts. HMD Global The next smartphone to come from mobile icon Nokia is a handset that users can repair themselves. The Nokia G22, developed
Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. Dimitrios Kambouris | Getty Images Elon Musk’s Twitter was sued again in California this week for alleged failure to pay a vendor. The latest complaint comes from
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta has trained and will release a new large language model to researchers, CEO Mark Zuckerberg announced on Friday. The model, called LLaMA, is intended
British smartphone firm Bullitt has launched a handset capable of sending messages via satellite. Bullitt British smartphone firm Bullitt on Friday launched a new phone capable of sending text messages via space, joining a crowded race to commercialize satellite-enabled devices. The phone, which fits into the “rugged” category of durable handsets, comes in two versions:
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Software that can write passages of text or draw pictures that look like a human created
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum annual meeting in Davos. Fabrice Coffrini | AFP | Getty Images Google is asking cloud employees and partners to share their desks and alternate days with their desk mates starting next quarter,
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters Nvidia stock rose more than 8% in extended trading on Wednesday after the company
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A reception desk at Amazon offices in downtown Seattle, Washington. Glen Chapman | AFP | Getty Images Amazon employees on Tuesday continued to sound off about CEO Andy Jassy’s recently announced return-to-office mandate, including spamming an internal website with messages conveying their opposition to the
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