This week’s news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market. Leon Neal | Getty Images News | Getty Images DeepSeek’s sudden splash in the large language model space has given
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In this article WMT AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center in New York City on Nov. 30, 2022. Michael M. Santiago | Getty Images Amazon has dethroned Walmart in quarterly revenue for
From left, Baseten founders Amir Haghighat, Tuhin Srivastava, Philip Howes and Pankaj Gupta. SLCA Studios | Baseten Baseten, a startup that runs artificial intelligence models for clients on their cloud infrastructure, has raised $75 million in funding, the company said Wednesday. The funding round values Baseten at $825 million and demonstrates that venture capitalists believe
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple announced a new
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk leaves after a meeting with Indian Prime Minister Narendra Modi at Blair House, in Washington, D.C., U.S., February 13, 2025. Nathan Howard | Reuters A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law,
In this article INTC AVGO 2330-TW TSM Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Intel shares rallied 12% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The stock was on pace for its
Jaque Silva | Nurphoto | Getty Images The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit’s
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, co-founder and CEO of Airbnb Inc., during a news conference in Los Angeles on May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb shares surged 14.5% and notched their best day ever after the company reported stronger-than-expected fourth-quarter earnings. The stock
Tech bosses largely agree the risk DeepSeek poses to OpenAI remains limited for now. Bloomberg | Bloomberg | Getty Images The technological advances that Chinese artificial intelligence lab DeepSeek have displayed show the game is on when it comes to U.S.-Sino competition on AI, top tech executives told CNBC. In a series of interviews at
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Workers picket in front of an Amazon Logistic Station on December 19, 2024 in Skokie Illinois. Scott Olson | Getty Images Italo Medelius-Marsano was a law student at North Carolina Central University in 2022, when he took a job at an Amazon warehouse near the
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT File: The Amazon distribution center in Garner, N.C. opened in August 2020. Across four floors, the warehouse covers 2 million square feet. Scott Sharpe | Tribune News Service | Getty Images Amazon workers at a facility near Raleigh, North Carolina, overwhelmingly voted against unionizing on
A US Postal Service worker outside a Signature Bank branch in the Brooklyn borough of New York, US, on Wednesday, March 15, 2023. Angus Mordant | Bloomberg | Getty Images Anchorage Digital CEO Nathan McCauley wants everyone to know what happened to his crypto company in 2023 during the Biden administration. “Our story is pretty
In this article DJT Follow your favorite stocksCREATE FREE ACCOUNT U.S. President Donald Trump signs an executive order establishing the Energy Dominance Council led by Secretary of the Interior Doug Burgum in the Oval Office at the White House on February 14, 2025 in Washington, DC. President Trump signed a second executive order withholding federal
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Dell shares jumped to a session high on Friday following a report saying Elon
Beata Zawrzel | Nurphoto | Getty Images TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan. 18, moments after TikTok’s leadership temporarily halted service in the U.S. in response to a national security law that went into effect
In this article APP Follow your favorite stocksCREATE FREE ACCOUNT Piotr Swat | Lightrocket | Getty Images Shares of AppLovin ripped 20% higher Thursday after the company reported a fourth-quarter earnings beat, causing many analysts to lift their price targets as the stock crossed the $500 mark for the first time ever. The ad tech