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Mysterious new California city backed by some of the biggest names in Silicon Valley, report says

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Mysterious new California city backed by some of the biggest names in Silicon Valley, report says

admin August 28, 2023

A former Goldman Sachs trader has been quietly working to build an urban utopia in California.

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Meet the guy responsible for helping Meta, Google and Amazon prepare for new laws in Europe

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Meet the guy responsible for helping Meta, Google and Amazon prepare for new laws in Europe

admin August 25, 2023

Since moving from Europe to San Francisco last September, the EU's Gerard de Graaf has seen a...

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Klaviyo files to go public in latest sign of life for IPO market

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Klaviyo files to go public in latest sign of life for IPO market

admin August 25, 2023

Klaviyo got its start in the e-commerce industry, helping businesses better target their email and text message...

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Instacart files to go public on Nasdaq to try and unfreeze tech IPO market

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Instacart files to go public on Nasdaq to try and unfreeze tech IPO market

admin August 25, 2023

Following a 20-month drought in venture-backed tech IPOs, Instacart filed on Friday to go public on the...

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Tesla Autopilot safety probe by federal vehicle regulators nears completion

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Tesla Autopilot safety probe by federal vehicle regulators nears completion

admin August 25, 2023

NHTSA initiated a safety probe of Tesla's driver assistance systems — now marketed in the U.S. as...

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Affirm shares rocket 29% after better-than-expected results and strong guidance

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Affirm shares rocket 29% after better-than-expected results and strong guidance

admin August 25, 2023

Affirm shares jumped Friday, a day after it reported a beat on the top and bottom lines.

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The evolution of the Volkswagen bus — from Type 2 to the electric ID Buzz

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The evolution of the Volkswagen bus — from Type 2 to the electric ID Buzz

admin August 25, 2023

The ID. Buzz is VW’s electric play on its iconic bus. CNBC gets a first look at...

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Alibaba launches AI model that can understand images and have more complex conversations

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Alibaba launches AI model that can understand images and have more complex conversations

admin August 25, 2023

Alibaba's artificial intelligence push is being driven by its cloud computing division which is looking to reignite...

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Shares of China’s food delivery leader Meituan fall more than 5% on weaker Q3 outlook

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Shares of China’s food delivery leader Meituan fall more than 5% on weaker Q3 outlook

admin August 25, 2023

Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the...

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Mastercard ends Binance card partnership in latest blow to crypto giant

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Mastercard ends Binance card partnership in latest blow to crypto giant

admin August 25, 2023

Mastercard will no longer offer Binance-branded cards in Latin America and the Middle East, which let customers...

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Trump returns to Twitter, now X, to post his mugshot

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Trump returns to Twitter, now X, to post his mugshot

admin August 25, 2023

Trump posted for the first time since Jan. 8, 2021, to share his mugshot in the Georgia...

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This Dutchman moved to San Francisco a year ago to help tech giants prepare for new EU rules

7 min read

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This Dutchman moved to San Francisco a year ago to help tech giants prepare for new EU rules

admin August 25, 2023

Since moving from Europe to San Francisco last September, the EU's Gerard de Graaf has seen a...

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Nvidia earnings scare away AMD, Intel investors as legacy chipmakers lose ground in AI

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Nvidia earnings scare away AMD, Intel investors as legacy chipmakers lose ground in AI

admin August 24, 2023

In its earnings report on Wednesday, Nvidia said sales this quarter will likely rise 170%, showing the...

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Tesla hasn’t issued final pricing or specs for Cybertruck as Musk memo warns of manufacturing challenges

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Tesla hasn’t issued final pricing or specs for Cybertruck as Musk memo warns of manufacturing challenges

admin August 24, 2023

Musk sent an email to "everybody" at Tesla on Wednesday about the Cybertruck and the challenges of...

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Apple backs California right-to-repair bill in major policy shift

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Apple backs California right-to-repair bill in major policy shift

admin August 24, 2023

The company signaled its support for a new bill in California, a positive sign for the right-to-repair...

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Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion

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Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion

admin August 24, 2023

Hugging Face's big valuation and crop of prominent backers reflect how a more collaborative approach to building...

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This Ugandan earns a bonus for each person he gets to sign up for Sam Altman’s eyeball-scanning crypto project

12 min read

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This Ugandan earns a bonus for each person he gets to sign up for Sam Altman’s eyeball-scanning crypto project

admin August 24, 2023

CNBC spoke to people on the ground in Uganda and Kenya about their experience with Worldcoin.

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Nvidia warns more chip curbs will end U.S. chipmakers’ ability to compete in China

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Nvidia warns more chip curbs will end U.S. chipmakers’ ability to compete in China

admin August 24, 2023

Reports this year said the U.S. was considering new export restrictions to China of artificial intelligence-related chips,...

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South Korea’s Naver launches generative AI services to compete with ChatGPT

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South Korea’s Naver launches generative AI services to compete with ChatGPT

admin August 24, 2023

South Korean internet giant Naver released its own generative artificial intelligence tool on Thursday.

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Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year

4 min read

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Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year

admin August 24, 2023

Grab also pushed forward its breakeven target to the third quarter and said it expects 2023 revenue...

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