An M&M’s advertisement seen on a gas pump. Courtesy: GSTV The next frontier for the ad market isn’t on TV — it’s in stores and on your phone. Television had long been the key target for advertisers, until tech companies like Alphabet and Meta-owned platforms like Facebook began to gobble up market share. While ad … Read more
In February 2020, as Disney’s head of streaming, Kevin Mayer, was in the line of succession for CEO. But Mayer, seen here on Sept. 29, 2022, and colleagues were stunned when Iger announced Bob Chapek would replace Iger immediately. Bryan van der Beek | Bloomberg | Getty Images Former TikTok CEO and Candle Media co-CEO … Read more
French founder of artificial intelligence start-up Mistral AI, Arthur Mensch attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. Chesnot | Getty Images Entertainment | Getty Images PARIS — It’s not unusual for well-known technology CEOs to be mobbed by fans or start-up founders looking … Read more
CNBC’s Jim Cramer on Thursday said he thinks it’s unwise to trade Nvidia, saying investors should keep the AI darling. “Until the AI revolution runs on something else — and despite what you hear, nobody else comes close to these chips — you should just own it, do not trade it,” he said. “Just don’t … Read more
Gildan apparel at a store in Montreal, Quebec, Canada, on Friday, Dec. 15, 2023. Graham Hughes | Bloomberg | Getty Images Gildan Activewear said on Thursday that its entire 12-person board would resign immediately in favor of activist Browning West’s eight nominees, abruptly ending a contentious proxy battle and restoring former CEO Glenn Chamandy to … Read more
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Sign up to receive future editions. Overview: Spy satellites and AI Last week I … Read more
Jalen Brunson #11 of the New York Knicks drives to the basket during the game against the Indiana Pacers during Round 2 Game 1 of the 2024 NBA Playoffs on May 6, 2024 at Madison Square Garden in New York City, New York. Nathaniel S. Butler | National Basketball Association | Getty Images Warner Bros. … Read more
Attendees walk through an expo hall during Amazon Web Services’ Reinvent conference at the Venetian in Las Vegas on Nov. 29, 2022. Noah Berger | Getty Images Entertainment | Getty Images In May 2023, Amazon CEO Andy Jassy was asked by an attendee at the annual shareholder meeting how the company was innovating in generative … Read more
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit’s international arm touted the company’s AI products as a way to fuel growth. The Chinese technology giant said it has expanded the availability zone of its cloud computing … Read more
Rafael Henrique | Lightrocket | Getty Images PARIS, France — U.S. technology giants this week have talked up the benefits of artificial intelligence for humanity, turning on the charm at one of Europe’s largest industry events as regulators globally work to curb the harms associated with the tech. At the Viva Tech conference in Paris … Read more
