Amazon to announce largest layoffs in company history, source says
The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person familiar with the matter.| CNBC
The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person familiar with the matter.| CNBC
Universal Music has sued AI startup Anthropic over copyright infringement, per a Wednesday filing.| CNBC
Grabango had inked deals with grocers including Aldi and Giant Eagle, along with convenience store chains 7-Eleven and Circle K.| CNBC
AppLovin has been probed by the SEC over the way it collects data, Bloomberg reported, citing people familiar with the matter.| CNBC
Sovereign wealth funds and other investors are jostling to buy into an Anthropic stake. But the company has ruled out taking any Saudi money.| CNBC
The Orbital Reef space station partnership between Jeff Bezos' Blue Origin and Sierra Space is on rocky footing, CNBC has learned.| CNBC
The Dutch government has invoked the Goods Availability Act to take control of Nexperia, a Chinese-owned semiconductor maker based in the Netherlands.| CNBC
The unraveling shows the sway the president's one-man trade policy still has over the fate of the global economy.| CNBC
Scott Sutfin-Glowski, who joined Microsoft in 2012, is resigning over the company's work with Israel's military.| CNBC
OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.| CNBC
Figma shares plummeted after the design software vendor reported earnings for the first time as a public company.| CNBC
Figma reported better-than-expected revenue for the second quarter in its first earnings report as a public company.| CNBC
The invite-based app launched this week and is only available on iOS devices.| CNBC
Google's buyouts are being offered to employees in Google's central engineering units as well as marketing, research and communications teams.| CNBC
Liz Reid, Google's vice president of search, told employees at a recent all-hands meeting that the company has to take risks in rolling out AI search tools.| CNBC
Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.| CNBC
President Donald Trump on Thursday approved a proposed deal that would keep TikTok alive in the U.S.| CNBC
Apple expects tariffs to add $900 million to its costs for the current quarter, assuming no other major changes occur, CEO Tim Cook said Thursday.| CNBC
Google DeepMind CEO Demis Hassabis said he thinks artificial general intelligence, or AGI, will emerge in the next five or 10 years.| CNBC
"When you build in the United States you don't have to worry about tariffs," Trump said on Wednesday.| CNBC
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.| CNBC
Apple CEO Tim Cook said Apple would "significantly grow" its AI investments, adding that the company is "open to M&A that accelerates our roadmap."| CNBC
Samsung introduced two folding phones in July that are garnering praise on social media and putting pressure on Apple to deliver new types of iPhones| CNBC
Apple shares rose 3% in extended trading Tuesday after a federal judge ruled that Alphabet may continue making payments to preload Google Search on the iPhone.| CNBC
The ruling comes nearly a year after a U.S. judge ruled that Google holds an illegal monopoly in its core market of internet search.| CNBC
Dell's stock tumbled Friday, despite a beat on top and bottom lines on Thursday.| CNBC
Tornado Cash founders have been charged with laundering more than $1 billion in criminal proceeds.| CNBC
AI hallucinations occur when models like OpenAI's ChatGPT or Google's Bard fabricate information entirely.| CNBC
Sen. Josh Hawley, R-Mo., said he was launching an investigation into Meta following a damning Reuters report about the company's AI policies.| CNBC
Waymo is getting one step closer to starting its engine in New York City.| CNBC
Adobe and Figma announced they would cancel the $20 billion acquisition after scrutiny from the U.K.'s CMA and the Justice Department.| CNBC
Sen. Josh Hawley called on Meta CEO Mark Zuckerberg to preserve relevant materials, including emails.| CNBC
Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma's debut is returning billions.| CNBC
Smartphones assembled in India accounted for 44% of U.S. imports in the second quarter, a significant increase from just 13% in the same period last year.| CNBC
The Swedish fintech provider has been outspoken about its aggressive adoption of AI tools across the company.| CNBC
The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.| CNBC
At a recent all-hands meeting, Google search head Prabhakar Raghavan told employees that the world is changing and they have to adjust.| CNBC
Fast-growing Figma's internet software has more than 13 million users, and the customer list includes Google, Microsoft and Netflix.| CNBC
AI accounted for nearly two-thirds of all fundraising deal value in the first half of 2025, with the bulk of those dollars concentrated in a few companies.| CNBC
Google and Alphabet CEO Sundar Pichai talked up the company's artificial intelligence projects during its Q4 2022 earnings call.| CNBC
Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff.| CNBC
Matt Mullenweg, who founded WordPress more than two decades ago, finds himself in a legal battle against Silver Lake over the firm's ownership of WP Engine.| CNBC
The company is in the process of making a version of Instagram for kids.| CNBC
Alphabet reported earnings after the bell. Here are the results.| CNBC
WeRide said it is the only company which has autonomous driving permits from the U.S., China, UAE and Singapore, and plans to enter more markets.| CNBC
A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday.| CNBC
A political action committee backed by Elon Musk is being investigated by the Michigan secretary of state's office amid efforts to collect voter data.| CNBC
Tesla CEO Elon Musk says he created America PAC, which collects data in swing states key to the 2024 election between Donald Trump and Kamala Harris.| CNBC
Providers are facing growing financial pressures as crucial reimbursement systems remain down following the cyberattack on Change Healthcare.| CNBC
Apple's privacy feature disrupts the behind-the-scenes mechanics of many mobile ads, especially those that confirm whether a purchase or download was made.| CNBC
What once was a strategic, long-term partnership between the world's biggest software company and an AI startup has morphed into something more complicated.| CNBC
California consumer protection bill criticized by Etsy and eBay "will not advance in its present form," the state lawmaker behind it said.| CNBC
Intel also said on Tuesday that it will act as a "foundry," or a manufacturing partner, for other chip companies.| CNBC
After vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.| CNBC
Sam Altman has invested $375 million into Helion. His other big bet is artificial intelligence company OpenAI, in which Microsoft is an investor.| CNBC
Epic Systems, the electronic health records giant, cut off its data supply to Particle Health, claiming the startup was using information in unauthorized ways.| CNBC
Change Healthcare confirmed that ransomware group Blackcat is behind the ongoing cybersecurity attack that's been impacting its systems since last week.| CNBC
Meta shares rallied after the company reported better-than-expected revenue and told investors that it's getting more efficient.| CNBC
Amazon Web Services became more profitable than it's been in two years, as its parent company eased up on expense growth across the board.| CNBC
Google News is downsizing at a particularly contentious moment in the way news is handled by major online platforms.| CNBC
Those losses for 2021 are in line with what Zuckerberg said last year he expected to invest in Reality Labs.| CNBC
