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AMD’s stock pops 6% on report IBM can use its chips for quantum computing

AMD’s stock pops 6% on report IBM can use its chips for quantum computing

Technology News

Shares of Advanced Micro Devices jumped more than 6% on a report that IBM can utilize the company’s chips to run certain quantum computing algorithms. IBM gained about 6%. Reuters reported on Friday that a paper will publish next week showing that IBM can run a quantum error-correction algorithm on AMD’s field-programmable gate array chips. […]

AMD’s stock pops 6% on report IBM can use its chips for quantum computing Read More »

Musk calls proxy advisory firms ‘corporate terrorists.’ Why their power is growing in the stock market

Musk calls proxy advisory firms ‘corporate terrorists.’ Why their power is growing in the stock market

Technology News

Tesla CEO Elon Musk lashed out at the leading shareholder advisors on Wednesday, shining a spotlight into a corner of Wall Street that wields enormous influence among the largest institutional investors. Musk said proxy advisors Institutional Shareholder Services and Glass Lewis “have no freaking clue” after ISS last week recommended shareholders reject Musk’s near $1

Musk calls proxy advisory firms ‘corporate terrorists.’ Why their power is growing in the stock market Read More »

EU says TikTok and Meta broke transparency rules under landmark tech law

EU says TikTok and Meta broke transparency rules under landmark tech law

Technology News

In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England. Anna Barclay | Getty Images News | Getty Images The European Commission, the executive arm of the European Union, said on Friday that it had preliminarily found both TikTok and Meta in breach of

EU says TikTok and Meta broke transparency rules under landmark tech law Read More »

CNBC Daily Open: Trump’s handprints on the U.S. economy

CNBC Daily Open: Trump’s handprints on the U.S. economy

Technology News

U.S. President Donald Trump gestures during an announcement regarding his administration’s policies against cartels and human trafficking, from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025. Jonathan Ernst | Reuters China on Thursday concluded its “Fourth Plenum,” a meeting aimed at setting out the country’s development agenda for

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CNBC Daily Open: U.S.’ 4-year economic plan, with a Trump twist?

CNBC Daily Open: U.S.’ 4-year economic plan, with a Trump twist?

Technology News

U.S. President Donald Trump gestures during an announcement regarding his administration’s policies against cartels and human trafficking, from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025. Jonathan Ernst | Reuters China on Thursday concluded its “Fourth Plenum,” a meeting aimed at setting out the country’s development agenda for

CNBC Daily Open: U.S.’ 4-year economic plan, with a Trump twist? Read More »

Microsoft AI chief says company won’t build chatbots for erotica

Microsoft AI chief says company won’t build chatbots for erotica

Technology News

Mustafa Suleyman CEO and co-founder of Inflection AI speaks during the Axios BFD event in New York City, U.S., October 12, 2023.  Brendan Mcdermid | Reuters Microsoft AI CEO Mustafa Suleyman said the software giant won’t build artificial intelligence services that provide “simulated erotica,” distancing itself from longtime partner OpenAI. “That’s just not a service

Microsoft AI chief says company won’t build chatbots for erotica Read More »

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month

Technology News

ESPN and YouTube TV. David Buono | Icon Sportswire | Jaque Silva | NurPhoto | Getty Images Just a month after reaching an agreement with NBCUniversal to avoid dropping its networks, YouTube TV has another potential blackout on its hands — this time with Disney. Disney said Thursday it would begin running public messages for

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month Read More »

Google and Anthropic announce cloud deal worth tens of billions of dollars

Google and Anthropic announce cloud deal worth tens of billions of dollars

Technology News

Anthropic and Google officially announced their cloud partnership Thursday, a deal that gives the artificial intelligence company access to up to one million of Google’s custom-designed Tensor Processing Units, or TPUs. The deal, which is worth tens of billions of Dollars, is the company’s largest TPU commitment yet and is expected to bring well over

Google and Anthropic announce cloud deal worth tens of billions of dollars Read More »

Quantum stocks stayed higher after Trump administration’s denial of equity talks. Here’s why

Quantum stocks stayed higher after Trump administration’s denial of equity talks. Here’s why

Technology News

The Trump administration is pouring cold water on a report that it’s “currently” in talks to take equity stakes in quantum computing companies like IonQ, Rigetti Computing, and D-Wave Quantum, but shares in each of the companies were still comfortably higher Thursday. “The Commerce Department is not currently negotiating equity stakes with quantum computing companies,”

Quantum stocks stayed higher after Trump administration’s denial of equity talks. Here’s why Read More »

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