Yahoo to lay off 20% of staff by year-end, beginning this week
Yahoo will lay off more than 20% of staff, or around 1,600 workers, with the company's Yahoo for Business being slashed in half, the company said.
CNBC Technology
NTSB finds no evidence Tesla Autopilot used in fatal 2021 Texas crash
The NTSB found no evidence Tesla's driver assistance system, which is marketed as Tesla Autopilot, was in use at the time of the crash.
Coinbase shares fall as SEC takes crypto staking action against Kraken
Coinbase shares fell after SEC action against rival Kraken, and from prior comments from CEO Brian Armstrong on the dangers of restricting crypto staking.
Redwood Materials scores a new $2 billion loan to build out battery recycling facility in Nevada
Founded by ex-Tesla CTO JB Straubel, Redwood Materials is growing its battery recycling operations in and beyond Nevada.
GitLab to cut 7% of workforce, or about 130 employees, sending shares down
GitLab will lay off around 130 employees, or 7% of headcount, with CEO Sid Sijbrandij citing a commitment to "responsible growth."
Donald Trump can access his Facebook and Instagram accounts again
Meta previously said it planned to reinstate the Trump's accounts, determining that "the risk has sufficiently receded," since the original ban in early 2021.
Third Point becomes latest activist investor to take stake in Salesforce
Dan Loeb's hedge fund Third Point has built a position in Salesforce, CNBC has confirmed.
Alphabet shares fall 7% following Google's A.I. event
Shares of Alphabet tumbled Wednesday after the company held an event to promote its new artificial intelligence chatbot.
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it
Tether on Thursday said it generated $700 million of profit in the December quarter, which the firm has used to boost its reserves.
EU 'disappointed' in Twitter report on how the company fights disinformation
Twitter's report was "short of data, with no information on commitments to empower the fact-checking community," a European press release said.
Twitter restored in Turkey after meeting with government officials
Twitter was blocked for many Turks for several hours on Wednesday after a series of earthquakes hit Turkey and Syria on Monday.
Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring
Disney unveiled a vast corporate restructuring, and CEO Bob Iger said the company isn't considering a spinoff of ESPN.
Web browser Opera is planning to incorporate ChatGPT
Niche web browser Opera is planning to integrate ChatGPT into its products, Opera's parent Kunlun Tech announced Wednesday.
Twitter was down for about 90 minutes Wednesday, telling users they'd hit their daily limit on posts
Twitter stopped working for many users on Wednesday, forcing them to use the scheduled tweets function if they wanted to post updates.
Affirm cuts 19% of workforce; shares tank on earnings miss
Affirm reported second quarter earnings that fell below analyst estimates on both the top and bottom lines.
Robinhood board approves plan to buy back Sam Bankman-Fried's $578 million stake
Robinhood will work with the Department of Justice to purchase Sam Bankman-Fried's shares, which amount to 7% of the company.
Disney beats expectations as streaming subscriber losses aren't as bad as feared
Disney reported earnings after the bell. Here are the results.
Uber beats estimates and the stock is up
Uber reported fourth-quarter earnings Wednesday that beat analysts' estimates on top and bottom lines.
Google veteran of 18 years leaving to start A.I. company with ex-Salesforce co-CEO Bret Taylor
Longtime Google exec Clay Bavor said he's leaving the company to build an AI startup with former Salesforce co-CEO Bret Taylor.
Google shows off more of what its ChatGPT competitor Bard can do
Google said Bard can help plan trips and help you decide on types of cars to buy.
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