Technology

In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can

Ben Horowitz (right), Andreessen Horowitz partner talks about artificial intelligence and jobs at the TANIUM CONVERGE16 conference San Francisco. Harriet Taylor | CNBC Less than three months after announcing plans to contribute to political action committees supporting Donald Trump’s presidential campaign, venture capitalist Ben Horowitz says he’s donating to Vice President Kamala Harris‘ election bid, CNBC

The Ubisoft logo displayed during the Brand Licensing Europe at ExCel London on September 24, 2024. John Keeble | Getty Images Shares of French video game publisher Ubisoft surged more than 30% on Friday after a media report that Tencent and the firm’s founding Guillemot family are considering a potential buyout of the company. Bloomberg

At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person. Zuckerberg’s net worth reached $206.2

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech

A user wearing an Oura Ring Courtesy: Oura Oura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349.  The company’s rings track sleep, exercise, stress, heart health and other metrics to help users understand their bodies and make healthier choices. The Oura Ring 4 has new sensors,

OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn’t name the investors in Wednesday’s press release, a person with knowledge of the matter said the round was led by Thrive

Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur growth. Dimas Ardian | Bloomberg | Getty Images As Microsoft investors

Sumit Dhawan, CEO of Proofpoint, took the reins as head of the cybersecurity company in 2022, a year after it was acquired by Thoma Bravo for $12.3 billion. He’s been pushing the firm to consider strategic opportunities such as mergers and acquisitions of smaller cybersecurity players to boost the company’s market expansion and stimulate industry

Bitcoin. Nurphoto | Getty Images Bitcoin and crypto stocks retreated on the final trading day of September, following a rally last week, but the cryptocurrency is still poised to post a positive month. The price of bitcoin was last lower by 3% at $63,446.02, after briefly reclaiming the $65,000 level last week, according to Coin

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance. Altman and finance chief Sarah Friar both said at the meeting, conducted by video, that investors

Over the years, travelers have repeatedly been warned to avoid public Wi-Fi in places like airports and coffee shops. Airport Wi-Fi, in particular, is known to be a hacker honeypot, due to what is typically relatively lax security. But even though many people know they should stay away from free Wi-Fi, it proves as irresistible to

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed. The company generated $300 million in revenue last month,

For Molly Cantillon, living in a hacker house wasn’t just a dream, but a necessity. “I had lived in a few hacker houses before and wanted to replicate that energy,” said Cantillon, 20, co-founder of HackHer House and founder of the startup NOX. “A place where really energetic, hardcore people came together to solve problems.

The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system.  Cris Faga | Nurphoto | Getty Images X has to pay one last fine before the social network owned