Google DeepMind CEO Demis Hassabis, left, and Google CEO Sundar Pichai open the tech titan’s annual I/O developers conference focusing on how artificial intelligence is being woven into search, email, virtual meetings and more, May 14, 2024. Glenn Chapman | AFP | Getty Images Google is bringing its DeepMind artificial intelligence technology models into the…
Anthony Tan, co-founder and CEO of Grab, spoke at CNBC’s Converge Live on March 12. Grab’s co-founder and CEO Anthony Tan is pushing full steam ahead with incorporating artificial intelligence into his business and personal life, as he told CNBC those who don’t embrace it will eventually be left behind. “Humans who don’t embrace AI…
New data could pave the way for the Federal Reserve to cut interest rates as Wall Street braces for the impact of tariff hikes from the White House, said CNBC’s Jim Cramer as he analyzed Wednesday’s market action. “We’re most likely not going to go into a serious recession, because the Fed can take action…
Chicago Mercantile Exchange (CME) traders Getty Images While just about everyone holding stocks has taken losses in the last few weeks, volatility traders are making big money right now. Uncertainty in the stock market and economy have led all 11 sectors in the S&P lower in the last month. Since Feb.18, the S&P 500 is…
Lip-Bu Tan appointed chief executive officer of Intel Corporation Courtesy: Intel Intel said on Wednesday that it had appointed Lip-Bu Tan as its new CEO, as the chipmaker attempts to recover from a tumultuous four-year run under Pat Gelsinger. Tan was previously CEO of Cadence Design Systems, which makes software used by all the major chip designers,…
The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael M. Santiago | Getty Images Spotify is minting music millionaires. Nearly 1,500 artists generated more than $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear Report. Spotify said…
Bloomberg | Bloomberg | Getty Images The Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into signing up for its Prime program, citing resource constraints. Attorneys for the FTC made the request during a status hearing on Wednesday before Judge John Chun in the U.S….
Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla shares rebounded for a second straight day Wednesday after…
A ‘For Sale’ sign is posted in front of a home for sale on March 5, 2025 in Pasadena, California. Mario Tama | Getty Images Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week. Total mortgage applications…
The co-founder and CEO of Pony.ai, one of the world’s leading autonomous vehicle technology companies, refused to be drawn on whether he thinks Tesla will launch its robotaxi service this year. “Tesla is big in scale, but we haven’t seen their large-scale testing yet,” James Peng said during CONVERGE LIVE. Tesla CEO Elon Musk has…
