Peter Endig | AFP | Getty Images The New Jersey attorney general sued Amazon on Wednesday, alleging the company has violated the rights of thousands of pregnant employees and staffers with disabilities who work in several of its facilities in the state. The complaint, filed in Essex County Superior Court by the office of Attorney […]
Tesla is set to report earnings after the bell on Wednesday. Here’s what analysts are expecting, according to an average of estimates compiled by LSEG: Earnings per share: 54 cents expected Revenue: $26.37 billion expected Following two straight year-over-year revenue declines, Tesla is expected to return to growth, for one quarter at least, with analysts expecting
Tesla set to report third-quarter results after the bell Read More »
Amazon’s robotics ambitions can lead to multibillion-dollar cost cuts for the company, according to Morgan Stanley. Amazon plans to replace 600,000 jobs with robots in the coming years and, ultimately, is working towards its goal of automating 75% of its operations, The New York Times reported on Monday citing several internal strategy documents. The e-commerce
Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Meta will lay off roughly 600 employees within its artificial intelligence unit as the company looks to reduce layers and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday. The company announced the cuts in a memo from its Chief
Meta lays off 600 employees within AI unit Read More »
Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty Images JPMorgan Chase and Goldman Sachs are harnessing it to employ fewer people. Ford CEO Jim Farley warned that it will “replace literally half of
AI is already taking white-collar jobs. Economists warn there’s ‘much more in the tank’ Read More »
Eakarat Buanoi | Istock | Getty Images A group of prominent figures, including artificial intelligence and technology experts, has called for an end to efforts to create ‘superintelligence’ — a form of AI that would surpass human intellect. More than 800 people, including Apple cofounder Steve Wozniak and former U.S. National Security Advisor Susan Rice,
Samsung Galaxy XR Headset Courtesy: Samsung It’s been more than 17 years since the modern smartphone era began with the launch of the iPhone, and tech companies have been obsessed with trying to disrupt it ever since. The most common approach is mixed reality XR headsets: computerized goggles that put all of your apps and
Samsung and Google attempt to one-up Apple with AI-powered headset Read More »
Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Special Screening at Netflix Tudum Theater on June 16, 2025 in Los Angeles, California., U.S. Charley Gallay | Getty Images Entertainment | Getty Images Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Special Screening at Netflix Tudum Theater on June 16,
CNBC Daily Open: Netflix shows how it’s done despite earnings miss Read More »
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 | CNBC Microsoft CEO Satya Nadella is getting a big bump in his compensation, as the company’s stock price has continued to rally, propelled by the boom in artificial intelligence. Nadella’s
Microsoft CEO Satya Nadella’s annual pay jumps to $96.5 million Read More »
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple
Zuckerberg, Mosseri and Spiegel ordered to testify in child social media safety trial Read More »
