A smartphone with a Qualcomm logo is placed on a computer motherboard in this illustration taken on March 6, 2023. Dado Ruvic | Reuters Qualcomm shares fell nearly 5% in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm. Arm has given Qualcomm
Technology
Amazon Flex driver Ricardo Escalona works to deliver his same-day orders during Cyber Monday from an Amazon fulfillment center in Tampa, Florida, on Nov. 27, 2023. Octavio Jones | Getty Images News | Getty Images Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers, CNBC has learned. The company
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images LONDON — More startups are being spun out of Swedish digital payments firm Klarna than any other financial technology unicorn in Europe, according to a new report from venture
Chris Larsen, co-founder and chairman of Ripple, contributed nearly $9.9 million to Future Forward in September, in addition to more than $800,000 to the Harris Victory Fund, according to FEC data compiled by the Breadcrumbs crypto market and blockchain analyst James Delmore and independently verified by CNBC. Including Larsen’s August contribution of $1 million worth of
Peter Cade | Stone | Getty Images The vast majority of Europeans support the use of artificial intelligence for police and military operations, according to a new report by Madrid’s IE University shared with CNBC. “European Tech Insights,” which measured the attitudes of over 3,000 people in Europe, found that 75% support the use of
“Make Bitcoin Great Again” hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Former US President Trump used to be a crypto critic but in recent weeks adopted a much friendlier stance alongside the sector’s emergence as an influential player in the 2024 presidential election through
U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican contenders battling to win the seat of retiring U.S. Sen. Mitt Romney, June 10, 2024, in Salt Lake City. Rick Bowmer | AP SALT LAKE CITY — John Curtis, a Republican congressman from Utah, has become a favorite of the crypto industry
Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024. Costfoto | Nurphoto | Getty Images Nvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time. Sunday
The CEO of the United Arab Emirates’ premier AI firm stressed that the Gulf country is a reliable partner to the U.S. when it comes to keeping sensitive technology safe, as Washington reportedly mulls curbs on chip sales to certain countries — particularly those in the Middle East. The UAE has shown it can “guarantee
Marquee at the main entrance to BlackRock headquarters building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S.
Netflix logo is screened on a mobile phone for illustration photo. Krakow, Poland on October 17th, 2024. Beata Zawrzel | Nurphoto | Getty Images Netflix shares jumped Friday after the media streaming giant reported third-quarter earnings and revenue that beat expectations. Shares of Netflix were up 5.4% in U.S. premarket trading as of 4:39 a.m.
Donald Trump’s crypto project, World Liberty Financial, published a 13-page document on Thursday, describing its mission, how tokens can be allocated, and indicating that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the “World Liberty Gold Paper,” WLF said the Trump family will receive 22.5
An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit in the third quarter and forecast annual revenue growth in the last three months
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.” “I’ve made so many mistakes in my investment career — one of them was I sold all my Nvidia probably
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images Global chip stocks fell on Wednesday, after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector. Shares of ASML extended losses into the second day at
U.S. President Donald Trump looks at a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Donald Trump’s new crypto project is off
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