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Intel has already received $2.2B in federal grants for chip production
Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call.
Dave Zinsner,…
Samsung fourth-quarter profit falls short of estimates as AI demand remains strong
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSamsung Electronics on Friday reported better-than-expected fourth-quarter revenue, though its operating…
ElevenLabs, the hot AI audio startup, confirms $180M in Series C funding at a $3.3B valuation
ElevenLabs, one of the more popular startups working in the field AI audio, said Thursday that it has raised a Series C round of $180 million, valuing the company at $3.3 billion post-money. a16z and ICONIQ Growth are co-leading…
Microsoft stock slumps more than 6% on disappointing revenue outlook
Satya Nadella, CEO of Microsoft, speaking on CNBC's "Squawk Box" outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft shares dropped more than 6% after issuing weak current-quarter…
Tesla reports $600 million profit boon from digital assets rule change
Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024.Joe Skipper | ReutersTesla's bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change…
SoftBank in talks to invest as much as $25B in OpenAI, report says
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to the…
Microsoft (MSFT) Q2 earnings report 2025
Satya Nadella, CEO of Microsoft, arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2024.Brendan McDermid | ReutersMicrosoft shares tumbled as much as 5%…
Disrupt 2025: Only 3 days left for 2 for 1 Pass
Only 3 days remain to score the ultimate deal for TechCrunch Disrupt 2025 — two of the same ticket types for the price of one! Don’t wait to take advantage of these massive savings. This limited-time offer ends this Friday, January 31…
Google reclassifies U.S. as ‘sensitive country’ like China, Russia
Jaque Silva | Nurphoto | Getty ImagesGoogle's maps division on Monday reclassified the U.S. as a "sensitive country," a designation it reserves for states with strict governments and border disputes, CNBC has learned. The new…
Tesla shareholders want answers about Musk salute, role in Trump WH
U.S. President-elect Donald Trump greets Tesla CEO and X owner Elon Musk during a rally the day before Trump is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | ReutersTesla's…
Italy sends first data watchdog request to DeepSeek: ‘The data of millions of Italians is at…
The jury is still out on whether the Chinese AI upstart DeepSeek is a game changer or possibly part of an elaborate plan by its hedge fund parent company to short Nvidia and other tech stocks. Whichever it might be (maybe both?),…
Google employees petition for ‘job security’ ahead of expected cuts
The Google logo is displayed during the Made By Google event at Google headquarters on August 13, 2024 in Mountain View, California. Justin Sullivan | Getty ImagesGoogle employees have begun circulating an internal petition titled "job…
The Electric Vehicle Fight Turns to California
California loves its electric cars. More than 2.1 million battery-powered vehicles are driving around the state, and last fall, over a quarter of new cars sold there were electric. Lawmakers are trying to ensure the future holds even…
SoftBank-backed TravelPerk doubles valuation, plans fintech push
TravelPerk CEO and co-founder Avi Meir.TravelPerkTravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC.The fresh…
Google Maps to show Gulf of America after government updates
The Gulf of Mexico as seen on Google Maps.Source: Google MapsGoogle said Monday it will change the name of the Gulf of Mexico to "Gulf of America" in Google Maps after the Trump administration updates its "official government…
FBI’s warrantless ‘backdoor’ searches ruled unconstitutional
Following years of litigation, a federal court has finally ruled it unconstitutional for the FBI to search communications of US citizens collected under Section 702 of the Foreign Intelligence Surveillance Act (FISA). In a ruling…
Here’s what you should know
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI's coveted spot as the most-downloaded free app in the U.S. on Apple's App Store, dethroning ChatGPT for DeepSeek's AI Assistant. Global tech stocks sold…
iPhone SE 4 appears in new photos and video, notch and all
We might have just gotten our best look yet at Apple’s next affordable iPhone SE, shown in both video and photographs of what’s either a real phone or a convincing dummy unit. Despite some reports that the next SE would adopt recent…