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Finance News

UK opens investigations into Apple and Google’s mobile ecosystems

UK opens investigations into Apple and Google’s mobile ecosystems

Finance News

Omar Marques | Lightrocket | Getty Images Britain’s competition regulator on Thursday launched an investigation into Apple and Google’s huge mobile ecosystems to determine whether the tech titans are in breach of the U.K.’s strict new digital competition rules. The U.K. Competition and Markets Authority said it was opening dual probes into both U.S. tech […]

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SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom

SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom

Finance News

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, posted record quarterly earnings

SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom Read More »

Microsoft’s business development chief Chris Young resigns

Microsoft’s business development chief Chris Young resigns

Finance News

Christopher Young, executive vice president of business development at Microsoft Corp., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. The GeekWire Summit brings together business, tech and community leaders for discussions about the future. David Ryder | Bloomberg | Getty Images Microsoft‘s head of business development Chris Young, who

Microsoft’s business development chief Chris Young resigns Read More »

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

Finance News

Visitors play the ‘EA Sports FC 25’ game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany on Aug. 21, 2024.  Ina Fassbender | AFP | Getty Images Electronic Arts slashed its full-year bookings

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games Read More »

Here’s why you’re suddenly following President Trump on Instagram

Here’s why you’re suddenly following President Trump on Instagram

Finance News

(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025.  Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re

Here’s why you’re suddenly following President Trump on Instagram Read More »

Samsung launches S25 smartphone with boosted AI as Apple battle heats up

Samsung launches S25 smartphone with boosted AI as Apple battle heats up

Finance News

Samsung S25 Ultra on display at one of Samsung’s stores in London, U.K. Samsung has boosted the capabilities of the S25 on the Ultra model. Arjun Kharpal | CNBC Samsung Electronics on Wednesday launched its latest flagship smartphones — the Galaxy S25 series — touting a custom chip and boosted AI features. The S25 release

Samsung launches S25 smartphone with boosted AI as Apple battle heats up Read More »

How Bluesky, Twitter’s onetime side project, is challenging Elon Musk’s X

How Bluesky, Twitter’s onetime side project, is challenging Elon Musk’s X

Finance News

Billionaire Mark Cuban, Rep. Alexandria Ocasio-Cortez, D-N.Y., and author Stephen King are all now on Bluesky. The social media platform is the brainchild of Twitter co-founder Jack Dorsey, who conceived Bluesky as a side project inside Twitter in 2019. Bluesky, which is no longer affiliated with Dorsey, is now its own company, and following the

How Bluesky, Twitter’s onetime side project, is challenging Elon Musk’s X Read More »

Meta backs Databricks as the data analytics startup inches toward IPO

Meta backs Databricks as the data analytics startup inches toward IPO

Finance News

Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor. As the company that trains the popular Llama open-source large language models, or LLMs, that Databricks builds on, Meta plays an important role in the artificial intelligence. Databricks works closely with Meta’s Llama

Meta backs Databricks as the data analytics startup inches toward IPO Read More »

Kevin O’Leary says he would ‘love to do a TikTok deal,’ but the law prevents it

Kevin O’Leary says he would ‘love to do a TikTok deal,’ but the law prevents it

Finance News

Photo illustration shows the TikTok logo displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images Canadian investor Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC, as President Donald Trump extended the deadline for a ban on the social media platform.

Kevin O’Leary says he would ‘love to do a TikTok deal,’ but the law prevents it Read More »

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