Elon Musk’s Support For Trump Finally Hits Tesla’s Sales

Elon Musk’s Support For Trump Finally Hits Tesla’s Sales

Good morning! It’s Friday, August 9, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Orders Canceled Over Musk’s Support For Trump For months, … Read more

Microsoft’s $13 billion artificial intelligence bet

Microsoft’s  billion artificial intelligence bet

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict … Read more

Delta says chaos after CrowdStrike outage cost it $550 million

Delta says chaos after CrowdStrike outage cost it 0 million

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California.  Kevin Carter | Getty Images Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is … Read more

Palantir jumps on Microsoft partnership to sell AI to U.S. defense

Palantir jumps on Microsoft partnership to sell AI to U.S. defense

Alex Karp, chief executive officer of Palantir Technologies Inc., walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Wednesday, July 10, 2024.  David Paul Morris | Bloomberg | Getty Images Palantir shares climbed about 6% on Thursday morning after the company announced a partnership … Read more

Apple could charge $20 for some Apple Intelligence features: analysts

Apple could charge  for some Apple Intelligence features: analysts

Jaque Silva | SOPA Images | Lightrocket | Getty Images Apple could charge its users up to $20 for its advanced artificial intelligence features, analysts told CNBC, as the company looks to boost the growth of its lucrative services business. The Cupertino giant plans to rollout Apple Intelligence, its forthcoming AI system, across some of … Read more

Japan trade data, India rate decision in focus

Japan trade data, India rate decision in focus

The Reserve Bank of India on August 6, 2023 Punit Paranjpe | Afp | Getty Images Asia-Pacific markets were lower on Thursday as Wall Street declined overnight, while investors assessed trade data from Japan and awaited India’s rate decision. The Dow Jones Industrial Average fell 0.60%, while the S&P 500 declined 0.77% on Wednesday. The tech-heavy Nasdaq Composite … Read more

Google’s antitrust ruling bears resemblance to Microsoft monopoly case

Google’s antitrust ruling bears resemblance to Microsoft monopoly case

Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images In ruling Monday that Google has held a monopoly in internet search, U.S. judge Amit Mehta invoked the company at the center of the most famous tech antitrust … Read more

Market correction may not be over yet

Market correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Correction may not be over yet

Correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

New funding values email security firm Abnormal at more than $5 billion

New funding values email security firm Abnormal at more than  billion

Abnormal Security co-founders Sanjay Jeyakumar and Evan Reiser Abnormal Security Cybersecurity company Abnormal Security said Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion. Abnormal’s latest funding round is being led by Wellington Management and includes existing investors Greylock Partners, Menlo Ventures, Insight Partners, as … Read more