Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical … Read more
Lina Khan, chair of the U.S. Federal Trade Commission, and Jonathan Kanter, assistant attorney general for the Justice Department’s antitrust division, participate in a discussion on antitrust reforms at the Brookings Institution in Washington on Oct. 4, 2023. Khan assumed the role of FTC chair in June 2021 after being appointed by U.S. President Joe … Read more
Massive artificial intelligence models built by the likes of OpenAI will eventually become commoditized with the next wave of value in the technology coming from the applications that are built on top of the models, the co-founder and chair of Infosys told CNBC on Tuesday. Large language models are the AI models trained on amounts … Read more
Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which … Read more
It was a solid quarter for the companies in our stock portfolio, with the bulk of our names reporting what we felt were good-to-great earnings reports. Continued economic growth on the back of a resilient consumer and increasing business confidence ahead of what most expect to be a lower interest rate environment helped drive the … Read more
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024. Jason Henry | Bloomberg | Getty Images A Republican congressman slammed Meta on Thursday over what the lawmaker called an inadequate response to concerns … Read more
Republican vice presidential nominee Ohio Sen. JD Vance on Thursday took a shot at Apple on CNBC’s “Squawk Box,” stating he thinks the company benefits from “slave labor” in China. His comment was part of a broader conversation about taxing companies that rely on manufacturing in China. “Do I think Apple is an evil company? No. Do … Read more
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet‘s Google and Meta. But some of China’s giants, from Alibaba to Tencent, have launched … Read more
California Attorney General Rob Bonta discusses Michelle Mack’s case in an interview on Feb. 16, 2024. CNBC California Attorney General Rob Bonta cautioned executives at social media and other tech companies to work harder to protect voters from “deception, intimidation, and dissuasion,” ahead of the November election. “Millions of Californians rely on social media and … Read more
Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing … Read more
