Chinese technology giants over the past week have announced their intentions to launch ChatGPT-style products, joining the artificial intelligence arms race sparked by the popular chatbot. But announcements from China’s biggest firms have not said they are working on all-encompassing platforms like the U.S.’ ChatGPT, a move which could worry Beijing which heavily censors internet
Technology
In this article PDD Follow your favorite stocksCREATE FREE ACCOUNT An ad spot during the Super Bowl costs millions of dollars. Temu, the U.S. shopping site launched by China’s PDD Holdings Inc., ran a 30-second ad during the game titled “Shop Like A Billionaire,” highlighting its ambitions to crack the international e-commerce market. Jevone Moore
Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk’s brain-computer interface company Neuralink is being investigated by the U.S. Department of Transportation for allegedly packaging and transporting contaminated hardware in an unsafe manner, a DOT spokesperson confirmed to CNBC. In
In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Last year’s havoc in the cryptocurrencies space has allowed for a “flight to quality” among crypto investors, Mathew McDermott, Goldman Sachs’ global head of digital assets, said on CNBC’s “Crypto World” on Friday. “We do have a crypto trading desk at the firm,” he
In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google employees are criticizing leadership, most notably CEO Sundar Pichai, for the way the company handled the announcement this week of its ChatGPT competitor called Bard. Staffers took to the popular internal forum Memegen to express their thoughts on the Bard announcement, referring to
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Shares of Lyft fell more than 35% when markets opened Friday, a day after the company
In this article 9618-HK Follow your favorite stocksCREATE FREE ACCOUNT JD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the chatbot technology. Qilai Shen | Bloomberg | Getty Images JD.com, one of China’s largest e-commerce players, said on Friday it plans to launch a ChatGPT-style
In this article TBLA APO Follow your favorite stocksCREATE FREE ACCOUNT Noah Berger | Bloomberg | Getty Images Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of
Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Access to Twitter was restored in Turkey late Wednesday after network restrictions left people in the country unable to use the site, according to internet monitoring site NetBlocks. The service was
Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images Many Twitter users on Wednesday afternoon were unable to post on the site for about 90 minutes, receiving a message that read, “You are over the daily limit for sending Tweets.”
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Prabhakar Raghavan, of Google Inc., speaks during the company’s Cloud Next ’18 event in San Francisco, California, July 24, 2018. David Paul Morris | Bloomberg | Getty Images Google’s Search boss, Prabhakar Raghavan, shared some fresh examples of its new conversational technology Bard in a
Ebay on Tuesday announced plans to cut 500 jobs, or about 4% of its workforce, according to a filing with the SEC. Shares of eBay were up slightly in extended trading Tuesday. In a memo to employees, CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the
U.S. President Joe Biden speaks as he attends the DNC 2023 Winter Meeting in Philadelphia, Pennsylvania, U.S., February 3, 2023. Elizabeth Frantz | Reuters U.S. President Joe Biden will take aim at tech companies and discuss data privacy and online safety when he delivers the annual State of the Union address Tuesday night, the White House said.
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai told employees Monday the company is going to need all hands on deck to test Bard, its new ChatGPT rival. He also said Google will soon be enlisting help from partners to test an application programming interface, or API, that
In this article DELL Follow your favorite stocksCREATE FREE ACCOUNT Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Dell on Monday announced plans to lay off 5% of its workforce, or about 6,650 employees, according
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on November 22, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter CEO Elon Musk said
In this article AMZN MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images As growth in traditional tech equipment and software slowed to a trickle in recent years, cloud computing gobbled
In this article AMD AMZN META AAPL GOOGL .IXIC INTC Follow your favorite stocksCREATE FREE ACCOUNT Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook speaks onstage during day 2 of Vox Media’s 2022 Code Conference in Beverly Hills, California. Jerod Harris | Getty Images Entertainment | Getty Images Apple reported a tough December quarter on Thursday, including the company’s biggest quarterly revenue decline since 2016,
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook holds a new iPhone 14 Pro during an Apple special event on September 07, 2022 in Cupertino, California. Justin Sullivan | Getty Images Shorter-term macro issues don’t detract from the long-term value at Apple, Morgan Stanley analysts wrote in a Friday
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