Laya Neelakandan / CNBC: Adaptive Security, which uses AI for simulating cyberthreats, raised $43M co-led by OpenAI and a16z, marking OpenAI's first investment in a cybersecurity firm — WATCH NOW — Artificial intelligence cybersecurity company Adaptive Security announced Wednesday that it closed …
Alex Sherman / CNBC: UFC signs a wide-ranging, multimillion-dollar, multiple-year sponsorship deal with Meta, which will be its “official fan technology partner” — TKO Group's UFC has struck a multimillion-dollar, multiple-year partnership deal with Meta that will bring the mixed martial arts league closer …
Arjun Kharpal / CNBC: Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B — Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.
CNBC: CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order — CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed.
Kif Leswing / CNBC: 3D tech company Infinite Reality buys Napster for $207M; CEO John Acunto says the one-time file-sharing phenomenon will be used for marketing in the metaverse — A quarter century ago, Napster was notorious on the internet for allowing people to swap songs for free, long before the music industry …
Kif Leswing / CNBC: A profile of Lisa Su, as AMD vies for a bigger chunk of the AI market; CTO Mark Papermaster says AMD had $5B in AI chip sales in 2024, up from $100M in 2023 — When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy.
Ashley Capoot / CNBC: Micron Q2: revenue up 38% YoY to $8.05B, vs. $7.89B est., net income up 100% to $1.58B, data center revenue up 200%, and offers better-than-expected Q3 guidance — Micron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts' estimates …
Hugh Son / CNBC: Walmart's OnePay says Klarna will replace Affirm to offer buy-now-pay-later to US shoppers later in 2025, and OnePay can buy a Klarna stake; AFRM drops 10%+ — Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned.
Jennifer Elias / CNBC: Google and other companies are considering bringing back in-person job interviews, as some startups sell AI tools that let engineers cheat in virtual interviews — After landing internship offers from Amazon, Meta and TikTok, computer science student Chungin “Roy” Lee has decided to move to San Francisco.
Kate Rooney / CNBC: Garry Tan says ~80% of YC's W25 batch is AI focused and the cohort is growing significantly faster than past ones, with actual revenue, thanks to “vibe coding” — Silicon Valley's earliest stage companies are getting a major boost from artificial intelligence.
Jonathan Vanian / CNBC: Meta says Community Notes will use the same open-source algorithm that powers X's Community Notes, but it plans to modify the algorithm to better serve its apps — Meta's upcoming Community Notes feature for monitoring misinformation through crowdsourcing will use some technology developed by Elon Musk's X for its similar service.
Ashley Capoot / CNBC: Freed, which offers an AI scribe that automates clinical notetaking in real time and is used by 17K+ clinicians, raised a $30M Series A led by Sequoia Capital — For Erez Druk, who spent almost four years working at Facebook, building health-care startup Freed has been a labor of love, quite literally.
Jordan Novet / CNBC: HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 20%+ after hours — Hewlett Packard Enterprise shares slid 19% in extended trading on Thursday as the data center equipment maker issued quarterly …
Arjun Kharpal / CNBC: After Qualcomm unveiled its X85 modem, CEO Cristiano Amon says it creates a “huge delta” in performance over Apple and is “the first modem that has so much AI” — Qualcomm CEO Cristiano Amon told CNBC its latest modem will create a big distance in performance versus Apple …
Arjun Kharpal / CNBC: Honor pledges $10B in AI investments over the next five years and demos a proof-of-concept AI agent powered by Gemini 2 that can book restaurant reservations — BARCELONA — Honor on Sunday pledged $10 billion in artificial intelligence investments over the next five years and announced …
Tanaya Macheel / CNBC: Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump — The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company revealed Monday.
MacKenzie Sigalos / CNBC: Block shares closed down 17.69% on February 21, their steepest drop since 2020, after Q4 earnings missed est. and guidance for 2025 failed to reassure investors — Block shares plunged 18% on Friday, their steepest drop since 2020, after the company reported fourth-quarter earnings …
Jonathan Vanian / CNBC: Filing: Meta approves raising executives' annual bonuses to 200% of base salary, up from 75%, as most employees' annual stock options are reportedly cut by ~10% — Executives at Meta stand to get bigger bonuses this year. — The company said in a corporate filing Thursday that it had approved …
Hugh Son / CNBC: Zelle's payment volume crossed $1T in 2024, the most ever for a P2P platform, user base jumped 12% YoY to 151M accounts, and the total dollars sent grew 27% YoY — Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year …
Jonathan Vanian / CNBC: Sources: Mark Zuckerberg's overtures to President Trump have unsettled employees and are part of an effort to shift antitrust scrutiny off Meta and onto Apple — Mark Zuckerberg kicked off 2025 with an Instagram video that outlined his vision for what he called restoring “free expression” …
Dylan Butts / CNBC: SoftBank posts a surprise Q3 net loss of ~$2.4B on ~$12.04B revenue, vs. $12.1B est., as the Vision Fund, after two profitable quarters, reports a ~$2.04B loss — SoftBank Group posted a surprise quarterly loss Wednesday as investments under its Vision Funds fell into red.
Hayden Field / CNBC: SoftBank commits $3B annually for itself and subsidiaries to use OpenAI's tech, and launches SB OpenAI Japan to market OpenAI's enterprise tech in Japan — SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI's tech, according to a joint announcement on Monday.
Ryan Browne / CNBC: Hugging Face's Thomas Wolf and other experts say startups like DeepSeek and the rise of AI agents may erode the value of LLMs from OpenAI and Big Tech companies — Large language models like those developed by Microsoft-backed firm OpenAI are set to become commoditized this year amid rapid …
Zach Vallese / CNBC: Cloudflare Radar: TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down on January 19 — TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down earlier this month, according to Cloudflare Radar.
Ryan Browne / CNBC: ASML CEO Christophe Fouquet says cheaper AI “could mean more applications” and “more demand over time”, and “cost and energy” are the big issues to address — WATCH NOW — Dutch semiconductor equipment maker ASML expects new low-cost models like the one rolled …
Ryan Browne / CNBC: ASML reports Q4 net profit of €2.69B on €9.26B net sales, net bookings up 169% QoQ to €7.09B, and expects 2025 net sales of €30B to €35B, up from €28.3B in 2024 — Dutch semiconductor giant ASML on Wednesday reported a big jump in fourth-quarter net bookings …
Hayden Field / CNBC: Source: Perplexity AI revises its TikTok US merger proposal, which now allows for the US government to own up to 50% of the new company upon a future IPO — Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create …
MacKenzie Sigalos / CNBC: After pouring tens of millions into Trump's campaign, the crypto industry has been paid back handsomely during his first week back, with EOs, rule changes, more — Crypto executives, companies and investors are getting an early return on their investment in Donald Trump.
Ryan Browne / CNBC: The UK CMA opens investigations into Apple's and Google's mobile ecosystems, including OSes, app stores, and browsers, to see the impact on users and businesses — LONDON — Britain's competition regulator on Thursday launched an investigation into Apple and Google's huge mobile ecosystems …
Megan Sauer / CNBC: An interview with Jeff Atwood, co-founder of Stack Overflow, which was acquired by Prosus for $1.8B in 2021, on his plans to donate half his net worth and more — Plenty of wealthy people plan to donate most of their fortunes to philanthropic causes. Jeff Atwood says he'll actually do it within the next five years.
Jonathan Vanian / CNBC: TikTok is not available for download in the App Store and Play Store in the US, as the app halts service in the country to comply with the divest-or-ban law — Apple and Google removed TikTok from their app stores Saturday night, complying with a law requiring China's ByteDance to divest …
Hayden Field / CNBC: Source: Perplexity AI made a TikTok US bid to ByteDance, proposing a merger that brings video to Perplexity, with ByteDance investors retaining their stakes — Perplexity AI officially made a play for TikTok on Saturday, submitting a bid to its parent company, ByteDance …
Salvador Rodriguez / CNBC: TikTok says it will go dark in the US on Sunday unless the Biden admin provides a “definitive statement” to critical service providers assuring non-enforcement — TikTok said its services will go dark on Sunday unless the Biden administration gives a definitive statement providing assurances …
Jonathan Vanian / CNBC: The US FTC refers a complaint against Snap to the DOJ, alleging Snapchat's My AI chatbot poses “risks and harms to young users”; SNAP closed down 5% — Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.
Ryan Browne / CNBC: The UK CMA opens a probe to assess Google's position in search and search ads business and how it impacts consumers, advertisers, publishers, and its rivals — LONDON — Britain's competition watchdog on Tuesday said that it's opening a formal antitrust investigation into Google's search and search advertising services.
Jonathan Vanian / CNBC: Sources: Mark Zuckerberg faces less friction in making broad policy changes after Meta's layoffs in 2022 and 2023, which hit much of its civic integrity teams — Mark Zuckerberg's announcement this week that Meta would pivot its moderation policies to allow more “free expression” …
Lillian Rizzo / CNBC: Disney says it has an estimated 157M global MAUs for ad-supported content across its streaming platforms, including 112M users in the US — Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+.
Jordan Novet / CNBC: Microsoft says it expects to spend $80B in FY 2025 on the construction of data centers that can handle AI workloads, with 50%+ of the spending in the US — Microsoft expects to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.
CNBC: In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue — It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area's moniker.
Ryan Browne / CNBC: Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China — Alibaba is cutting prices on its large language models by up to 85%, the Chinese tech giant announced Tuesday.
Ryan Browne / CNBC: How cloud computing, AI, and geopolitics could shape the evolution of ransomware, which could cost victims $265B annually by 2031, as the AIDS Trojan turns 35 — Ransomware is now a billion-dollar industry. But it wasn't always that large — nor was it a prevalent cybersecurity risk like it is today.
Jennifer Elias / CNBC: A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more — Google's blowout earnings report in April, which sparked the biggest rally in Alphabet shares since 2015 and pushed …
Jordan Novet / CNBC: Oracle's shares are up ~63% in 2024, lifting Larry Ellison's net worth to $217B+, as the company enjoyed its biggest stock rally since 1999 and the dot-com boom — It's been a good year for Larry Ellison. — Oracle's co-founder has gained roughly $75 billion in paper wealth as the software company …
Ari Levy / CNBC: AppLovin was 2024's top performing US tech stock, up 758% as of December 24, followed by MicroStrategy, up 467%, and Palantir, up 380%; the Nasdaq jumped 33% — Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it will change their lives.
Ashley Capoot / CNBC: Analysis: in 2024, ~66% of 39 public digital health companies lost value, while the Nasdaq rose 32%; in 2021, digital health startups raised a record $29.1B — If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. — In a year that saw the Nasdaq jump 32% …
Annie Palmer / CNBC: Donald Trump announces Scott Kupor, a managing partner at a16z, will serve as director of OPM, and Michael Kratsios will serve as the White House OSTP director — President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend …
Ari Levy / CNBC: A look at Broadcom's path to $1T in market cap: stock up 760%+ and three deals worth $10B+ after abandoning its $120B bid to acquire Qualcomm in 2018, and more — When Broadcom tried to buy rival Qualcomm for $120 billion in 2018, its efforts were thwarted.
Christina Wilkie / CNBC: Cantor Fitzgerald settles US SEC charges for $6.75M over disclosures before its SPACs merged with smart glass maker View and geospatial data company Satellogic — WASHINGTON — The Securities and Exchange Commission on Thursday charged global financial services firm Cantor Fitzgerald …
Tanaya Macheel / CNBC: MicroStrategy, Palantir, and Axon will join the Nasdaq 100 index, effective before the market open on December 23; Super Micro will be removed from the index — MicroStrategy, the preferred high beta play on the price of bitcoin, will join the Nasdaq 100 index, a move that could further increase demand …
Jonathan Vanian / CNBC: Oracle reports Q2 revenue up 9% YoY to $14.06B, vs. $14.1B est., and signs a deal with Meta to train Llama models on Oracle's cloud; ORCL drops 7%+ — Oracle shares slid 7% in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short …