AMD shares close up 10% after company wins Meta partnership, announces new chips
AMD is in the process of taking market share from market leader Intel as cloud providers like Microsoft, Amazon and Google buy its chips to run their services.
CNBC Technology
Tesla shares slide after Elon Musk proposes selling 10% of his stock in a Twitter poll
The fall comes after Musk asked his 62.5 million Twitter followers to determine the future of a chunk of his Tesla holdings.
PepsiCo CEO says he expects delivery of first Tesla Semis this quarter
It comes almost four years after PepsiCo first announced the purchase.
Elon Musk faces a $15 billion tax bill, which is likely the real reason he's selling stock
Elon Musk faces a tax bill of over $15 billion in the coming months on stock options, making a sale of Tesla stock this year likely regardless of the Twitter vote.
Nuclear fusion start-up Helion scores $375 million investment from Open AI CEO Sam Altman
It's part of Altman's three-part utopian vision, which is focused on growing abundance through technological innovation.
Elon Musk says he's using a Twitter poll to determine the future of 10% of his Tesla shares
Musk previously indicated he was likely to sell "a huge block" of his options in the fourth quarter.
Travel stocks rally, stay-at-home companies plunge as pandemic wanes and tourism rebounds
Pfizer said on Friday its Covid-19 pill could cut hospitalization risk or death by 89%, and the U.S. prepares to lift international travel bans Nov. 8.
Meta, formerly Facebook, is reportedly planning retail stores as it pushes into metaverse
It indicates Meta, formerly known as Facebook, is in need of a real-world presence to showcase what it can do in the virtual world.
UK minister tells Meta 'rebranding doesn't work,' vows to fast-track criminal sanctions for Big Tech execs
A top U.K. official promised to bring forward criminal sanctions for social media bosses under new laws tackling harmful content on the web.
Google-parent Alphabet has set up a new lab that will use A.I. to try to discover new drugs
Alphabet has launched a new drug discovery company called Isomorphic Labs that will be led by DeepMind CEO Demis Hassabis.
DeFi — the ‘Wild West’ of crypto — is next on regulators’ hit list
In the fast-growing world of decentralized finance, some services promise huge returns. Regulators are getting worried.
Ex-Aston Martin executive says Rivian fired her for raising concerns about a 'toxic bro culture'
A former Rivian executive sued the electric vehicle start-up on Thursday, claiming she was fired after raising concerns about the company's workplace culture.
Why Qualcomm's supply issues are 'in the rear view' during a global chip shortage
Qualcomm stock skyrocketed on Thursday after it reported September quarter earnings that included bullish guidance for the December quarter.
Bezos' Blue Origin loses NASA lawsuit over SpaceX $2.9 billion lunar lander contract
The U.S. Court of Federal Claims ruled against Jeff Bezos' Blue Origin in the company's lawsuit against NASA.
Uber revenue up 72% from last year, but Didi stake contributes to big loss
Uber reported third-quarter financial results Thursday that included a first-ever adjusted EBITDA profit.
Airbnb profits surge 280% in third quarter
The company saw its highest-ever revenue and net income in the third quarter.
Pinterest beats on earnings and revenue even as monthly user number drops
Pinterest on Thursday released its third-quarter earnings, which showed better-than-expected profit and revenue.
Convoy founder Dan Lewis on supply chain bottlenecks and the impact of self-driving technology
Convoy co-founder and CEO Dan Lewis on supply chain bottlenecks, inefficiencies in logistics and the impact that self-driving technology will have on trucking.
Take-Two CEO is skeptical about Facebook's metaverse, says it could be unpopular
Take-Two Interactive CEO Strauss Zelnick on Thursday cast doubt about Meta's grandiose metaverse aspirations.
Etsy jumps after earnings show continued sales growth, even after pandemic-era mask boom
Etsy shares soared more than 15% on Thursday, less than a day after the company reported third-quarter earnings that beat Wall Street estimates.
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