PARIS — Elon Musk aims to “slow down a competitor” when the investor group he led put forward a $97.4 billion proposal for control of OpenAI, the company’s CEO Sam Altman told CNBC on Tuesday. Asked how seriously he is taking Musk’s bid, which Altman previously declined in a X social media post, the OpenAI chief said: “Not particularly.” […]
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images PARIS — Deepseek’s AI model “is probably the best work” out of China, Demis Hassabis, the CEO of
Piotr Swat | Lightrocket | Getty Images Doximity shares ripped more than 30% higher on Friday, a day after the company reported fiscal third-quarter results that beat Wall Street’s expectations for revenue and guidance. Doximity is a digital platform for medical professionals that can help them carry out telehealth appointments with patients, find referrals, stay
Doximity shares pop 30% on revenue beat, rosy guidance Read More »
Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19% after beating Wall Street’s fourth-quarter sales estimates and showing robust user growth from a year ago. The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts surveyed by LSEG. The figure represented 18% year-over-year growth. Along with the
Pinterest shares rocket 19% on strong revenue and user growth Read More »
Katie Austin normally publishes fitness content to her Instagram and YouTube channel. But this week, she’s been posting a steady trickle of content from New Orleans. That’s because Austin, 31, from California, is one of hundreds of creators who have swarmed the Big Easy for Super Bowl 59, getting paid large contracts to make social
NFL goes after Gen Z fans by courting creators on YouTube, Instagram and Snapchat Read More »
People lined up outside of Apple Store on University Ave. in Palo Alto, California, United States on September 20, 2024 as Apple’s iPhone 16 sales officially begins. Tayfun Coskun | Anadolu | Getty Images The U.K. has ordered Apple to provide officials access to users’ encrypted accounts, the Washington Post reported Friday. Britain’s Home Office,
Britain orders Apple to give it access to encrypted accounts: Washington Post Read More »
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday it plans to boost its capital expenditures to $100 billion
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime’ AI opportunity Read More »
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday that revenue growth from its cloud-computing business slowed slightly to just under 19% year over year in the fourth quarter,
Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates Read More »
Sopa Images | Lightrocket | Getty Images Pinterest shares surged after the social media company reported fourth-quarter earnings Thursday that beat on revenue. Here’s how the company performed, according to LSEG: Revenue: $1.15 billion vs. $1.14 billion expected Fourth-quarter EBIDTA, adjusted: $470.9 million vs. $444.8 million. Pinterest said its fourth-quarter adjusted earnings per share was
An Amazon Prime delivery van sits parked outside of a Whole Foods Market grocery store on August 26, 2024 in El Segundo, California. Patrick T. Fallon | Afp | Getty Images Whole Foods, the Amazon-owned grocery chain, has asked the National Labor Relations Board to overturn a union victory at a Philadelphia store, pointing to
Amazon’s Whole Foods cites Trump’s NLRB purge as grounds for rejecting union win Read More »
