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Amazon’s investment in AI firm Anthropic faces UK merger investigation

by Ev Richard
Amazon’s investment in AI firm Anthropic faces UK merger investigation

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 …

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Categories Technology

China’s exporters enjoyed the benefits of a weak yuan. Now that’s changing and cutting into profits

by Adrian Jhonsan
China’s exporters enjoyed the benefits of a weak yuan. Now that’s changing and cutting into profits

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters BEIJING — …

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Categories World

Shopify (SHOP) earnings Q2 2024

by Adrian Jhonsan
Shopify (SHOP) earnings Q2 2024

The Shopify logo is pictured outside the The Well building on Spadina Ave. in Toronto. Lance Mcmillan | Toronto Star | Getty Images Shares of Shopify popped as much as …

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Categories World

Google’s antitrust ruling bears resemblance to Microsoft monopoly case

by Ev Richard
Google’s antitrust ruling bears resemblance to Microsoft monopoly case

Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images In ruling …

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Categories Technology

Market correction may not be over yet

by Milton Acorn
Market correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories Science

Correction may not be over yet

by Milton Acorn
Correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories Science

Microsoft fires back at Delta after outage, says airline declined help

by Monica Lozano
Microsoft fires back at Delta after outage, says airline declined help

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 …

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Categories Travel

Dow sheds 1,000 points, Japan stocks rebound

by Milton Acorn
Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors …

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Categories Science

OpenAI co-founder John Schulman says he will join rival Anthropic

by Ev Richard
OpenAI co-founder John Schulman says he will join rival Anthropic

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 …

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Categories Technology

CNBC Daily Open: Dow sheds 1,000 points

by Adrian Jhonsan
CNBC Daily Open: Dow sheds 1,000 points

A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024.  Charly Triballeau | Afp …

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Categories World
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