Meta‘s chief artificial intelligence scientist Yann LeCun has spent much of the past week sparring with Elon Musk over the Tesla CEO’s treatment of scientists and news organizations, and for spreading false conspiracies on social media. “I like his cars (I own a 2015 S, and 2023 S), his rockets, his solar energy systems, and … Read more
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Elon Musk claims he can grow Tesla into “a leader in AI & robotics,” an ambition that … Read more
Microsoft CEO Satya Nadella speaks at a media briefing at the company’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft will lay off some employees who work on mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the … Read more
We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, a measured economic environment, and the need for more senior executives to check off on products. But one we didn’t call out was the law … Read more
Republican presidential candidate and former U.S. President Donald Trump speaks during a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, at Trump Tower in New York City, U.S., May 31, 2024. Brendan … Read more
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. David Paul Morris | Bloomberg | Getty Images Nvidia’s 27% rally in May pushed its market cap to $2.7 trillion, behind only Microsoft and Apple among the most-valuable … Read more
Argentina’s President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024. Diego Lima | Afp | Getty Images Argentina President Javier Milei met with leaders of some of the world’s largest tech … Read more
Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away from happening, even after a 51% jump in operating profit. In an exclusive interview with CNBC, Johan Tjarnberg, CEO of Trustly, said that his firm still needs … Read more
Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company’s offices in Bucharest, Romania, on Thursday, May 20, 2021. Andrei Pungovschi | Bloomberg | Getty Images UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder … Read more
America has a new favorite brand: Nvidia, the computer chip company that’s helping power an artificial intelligence revolution. That’s according to the newly released 2024 Axios Harris Poll 100 reputation rankings, which polled one set of Americans to collect a list of the “100 most-visible brands in America,” and asked another set to rank those … Read more
