Technology

X owner Elon Musk (L), and Sen. Elizabeth Warren (D-MA). Reuters Sen. Elizabeth Warren, D-Mass., is asking the Tesla board if it’s looked into CEO Elon Musk’s use of company resources to benefit his other ventures, including SpaceX and xAI. “Tesla’s Board of Directors appears to be failing to meet its fiduciary duties to Tesla’s

GUANGZHOU,CHINA – NOVEMBER 24: A ZEEKR X is on display during the 2023 Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 24, 2023 in Guangzhou, Guangdong province of China. (Photo by Stringer/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images More Chinese electric vehicle brands are launching in Singapore

Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation into Amazon’s investment and

Jaque Silva | SOPA Images | Lightrocket | Getty Images Apple could charge its users up to $20 for its advanced artificial intelligence features, analysts told CNBC, as the company looks to boost the growth of its lucrative services business. The Cupertino giant plans to rollout Apple Intelligence, its forthcoming AI system, across some of

Uber on Tuesday reported second-quarter earnings results that topped Wall Street estimates. The stock jumped 11%. Here’s how the company did for the period ending June 30, compared with what Wall Street was expecting based on a survey of analysts by LSEG: Earnings per share: 47 cents vs. 31 cents expected Revenue:  $10.7 billion vs. $10.57

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit reported second-quarter results on Tuesday that topped analysts’ estimates. Here’s how the company did compared to LSEG estimates: Loss per share: 6 cents vs. a

Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.  Kent Nishimura | Getty Images Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a

The ChatGPT chat screen on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, March 9, 2023. ChatGPT has made writing computer code and cheating on homework easier. Soon, it could make email scams a cinch. That’s the warning from Darktrace Plc, the British cybersecurity firm. Gabby Jones | Bloomberg |

Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor  | Bloomberg | Getty Images Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears. The price of bitcoin was last lower by 7% on Monday at $50,193.00,

Nurphoto | Nurphoto | Getty Images The cryptocurrency market plummeted in value on Sunday, as investors continued selling out of risky assets. Led by a drop of 11% in bitcoin in the past 24 hours and a 21% plunge in ether, the overall value of cryptocurrencies sank by about $270 billion, according to CoinGecko data.

LONDON, UK – JUNE 12: The 9th edition of the Artificial Intelligence Summit kicks off with the participation of international technology companies, in London, United Kingdom on June 12, 2024. (Photo by Rasid Necati Aslim/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The U.K. government has canceled £1.3 billion ($1.7 billion) worth of

Google pulled an ad it showed during the Olympics that touted its AI chatbot Gemini writing a fan letter to an athlete. Google has pulled an Olympics ad for its chatbot Gemini from airwaves following backlash for the way it depicts a little girl using artificial intelligence to write a fan letter. The ad, titled

Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon shares closed down about 8.7% on Friday, a day after the company reported mixed second-quarter results and gave a forecast for the third quarter that fell

Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With quarterly earnings from tech’s mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous. The Nasdaq Composite slumped 3.4% this week, bringing its three-week slide to 8.8%. That’s the worst

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg

Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple The topic of greatest interest to analysts on Apple’s quarterly earnings call on Thursday was a product that’s not even available to the general public yet. Apple Intelligence, the company’s forthcoming artificial intelligence system, could spur a fresh cycle