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OpenAI’s Fidji Simo takes medical leave, announces leadership changes
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022.David Paul Morris | Bloomberg | Getty ImagesFidji Simo, OpenAI's product…
People would rather have an Amazon warehouse in their backyard than a data center
As data centers have grown and proliferated, so too has the backlash.
A new Harvard/MIT poll found 40% of people supported the building of a data center in their area, with 32% opposed when asked about the building of different…
Meta, Google under attack court cases bypass 30-year-old legal shield
Meta Platforms CEO Mark Zuckerberg arrives outside court to take the stand at trial in a key test case accusing Meta and Google's YouTube of harming kids' mental health through addictive platforms, in Los Angeles, California, U.S., Feb.…
Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets
The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has instituted a new 3.5% fuel surcharge for sellers that use its distribution network.…
Microsoft executive touts Copilot traction after analyst pressure
FILE PHOTO: Judson Althoff, CEO of Microsoft's commercial business, appears during an interview in San Francisco on Jan. 27, 2017.David Paul Morris | Bloomberg | Getty ImagesMicrosoft has made greater inroads with sales of its Copilot…
Tesla TSLA Q1 2026 vehicle delivery and production numbers
Tesla shares dropped more than 5% on Thursday after the company's deliveries and production report for the first quarter showed a drop from the prior period, with mild growth from a year earlier. Tesla has recorded annual declines in the…
Microsoft takes on AI rivals with three new foundational models
Microsoft AI, the tech giant’s research lab, announced the release of three foundational AI models on Thursday that can generate text, voice, and images.
The release signals Microsoft’s continued push to build out its own stack of…
Huawei’s cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals
Consumers browse Huawei phones in a shopping mall in Yantai, Shandong Province, China on March 8, 2026. Cfoto | Future Publishing | Getty ImagesHuawei's push to develop its own artificial intelligence chip has yet to drive the…
De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack
Decentralized finance company Drift says it has suspended withdrawals and deposits after confirming a security incident.
The crypto platform said in a post on X that it was “experiencing an active attack,” and that it was working to…
Globalstar stock pops 15% on report Amazon is weighing an acquisition
Globalstar Chairman and CEO Jay Monroe rings the opening bell at the New York Stock Exchange, April 21, 2014.Brendan McDermid | ReutersShares of Globalstar jumped more than 15% in extended trading on Wednesday after the Financial Times…
Hasbro says it was hacked, and may take ‘several weeks’ to recover
American toy-making giant Hasbro has confirmed a cyberattack, and the company says it may take “several weeks” before the incident is resolved.
The owner of properties including Transformers, Peppa Pig, and Dungeons & Dragons said…
Oracle layoffs will help cost savings, analysts say
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty ImagesOracle stock traded flat on Wednesday as the multinational tech conglomerate…
Crypto asset manager CoinShares to begin trading on Nasdaq through SPAC merger
Crypto investment firm CoinShares said it will begin trading on Nasdaq Wednesday through a merger with a special purpose acquisition company, or SPAC.The company is merging with Vine Hill Capital to form the holding company CoinShares…
Mercor says it was hit by cyberattack tied to compromise of open-source LiteLLM project
Mercor, a popular AI recruiting startup, has confirmed a security incident linked to a supply chain attack involving the open-source project LiteLLM.
The AI startup told TechCrunch on Tuesday that it was “one of thousands of companies”…
Apple’s crackdown on AI apps puts it wrong side of history
Steve Jobs founded Apple 50 years ago this week on a simple idea: democratize computing by putting personal computers in the hands of anyone. Now, Apple is going against that founding mission by standing in the way of what could become…
Waymo starts robotaxi services at San Antonio International Airport
Waymo’s robotaxi service is going live at its fourth airport today: San Antonio International. The company said its vehicles will drop off riders curbside at the terminals, and pick up passengers at the airport’s designated ride-share…
Marvell stock pops 11% as Nvidia takes $2 billion stake, continuing run of similar bets
Jonathan Raa | Nurphoto | Getty ImagesShares of Marvell Technology surged more than 11% after Nvidia announced plans to invest $2 billion in the semiconductor company.As part of the deal, Marvell will join Nvidia's AI ecosystem, making…
Micron stock sinks 10%, further cratering in post-earnings sell-off
The Micron Technology offices in San Jose, California, Dec. 16, 2025.David Paul Morris | Bloomberg | Getty ImagesMicron shares plummeted 10% on Monday, continuing the memory maker's significant post-earnings sell-off.The company snapped…