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Breaking News: Technology

Laid-off techies struggle to find jobs with cuts at highest since 2001

by Walter Watson
Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, …

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FTC investigating Reddit over AI data-licensing practices ahead of IPO

by Walter Watson
FTC investigating Reddit over AI data-licensing practices ahead of IPO

Mateusz Slodkowsk | Lightrocket | Getty Images Reddit said Friday that the Federal Trade Commission sent a letter to the company about it’s data-licensing business related to the training of …

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Look beyond Nvidia to ride the AI wave — there are other potential winners, Fidelity says

by Edgar Davis
Look beyond Nvidia to ride the AI wave — there are other potential winners, Fidelity says

Key Points AI stocks may be the hottest on the market right now, but investors should consider indirect plays as well, said Fidelity. There are stocks where “the benefits of …

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AI and automation justify shorter workweek, Democrats argue

by Vera Ward
AI and automation justify shorter workweek, Democrats argue

Senate Senate Health, Education, Labor, and Pensions Committee Chairman Bernie Sanders (I-VT) questions witnesses with ranking member Sen. Bill Cassidy (R-LA) during a hearing about working hours in the Dirksen …

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Adobe (ADBE) Q1 earnings report 2024

by Ron Morgan
Adobe (ADBE) Q1 earnings report 2024

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024.  Brendan Mcdermid …

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Morgan Stanley names head of artificial intelligence, Jeff McMillan

by Anas Siddiqui
Morgan Stanley names head of artificial intelligence, Jeff McMillan

The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan …

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SpaceX Starship rocket set for third test flight launch

by Anas Siddiqui
SpaceX Starship rocket set for third test flight launch

[The livestream is slated to start at 8:52 a.m. ET. Please refresh the page if you do not see the video player above.] SpaceX is set to attempt a third …

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Palantir’s Alex Karp says short sellers bet against companies so they can pay for their cocaine

by Edgar Davis
Palantir’s Alex Karp says short sellers bet against companies so they can pay for their cocaine

Palantir CEO Alex Karp skewered short sellers — investors who bet on the decline in a company’s stock price — in an interview with CNBC on Wednesday. “I love burning …

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News hitting GE Healthcare (GEHC) removes an overhang on the stock

by Akin Smith
News hitting GE Healthcare (GEHC) removes an overhang on the stock

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. U.S. stocks were mixed Wednesday …

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SpaceX cleared to attempt third Starship launch Thursday

by Walter Watson
SpaceX cleared to attempt third Starship launch Thursday

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for a third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, …

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