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Microsoft confirms performance-based job cuts across departments

Microsoft confirms performance-based job cuts across departments

Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance […]

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Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says Read More »

EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe

EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe

A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay soared 12% Wednesday as Meta said it will allow some listings to show up on Facebook Marketplace, its popular platform connecting consumers for local item pickups and more. EBay stock reached its highest

EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe Read More »

OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit

OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit

OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI CEO Sam Altman’s sister, Ann Altman, filed a lawsuit on Monday, alleging that her brother sexually abused her regularly between the years of 1997 and 2006. The

OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit Read More »

Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs

Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs

Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell

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Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle

Amit Yoran, CEO and chairman of Tenable H/O Tenable Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54. Yoran’s passing was confirmed by Tenable in a Saturday press release. While the company said his death was unexpected, Yoran went on medical leave early last

Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle Read More »

Microsoft expects to spend  billion on AI-enabled data centers in fiscal 2025

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025 Read More »

Meta replaces Global Affairs President Nick Clegg with Joel Kaplan ahead of Trump inauguration

Meta replaces Global Affairs President Nick Clegg with Joel Kaplan ahead of Trump inauguration

Facebook vice president of global public policy Joel Kaplan and Facebook CEO Mark Zuckerberg leave the Elysee Presidential Palace after a meeting with French President Emmanuel Macron on May 23, 2018 in Paris, France. Chesnot | Getty Images Facebook parent Meta is replacing President of Global Affairs Nick Clegg with Joel Kaplan, the company’s current

Meta replaces Global Affairs President Nick Clegg with Joel Kaplan ahead of Trump inauguration Read More »

Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain

Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain

Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary

Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain Read More »

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