IBM CEO Arvind Krishna looks on during a roundtable discussion hosted by President Donald Trump in the Roosevelt Room at the White House in Washington, Dec. 10, 2025. Alex Wong | Getty Images IBM CEO Arvind Krishna said that only 2% of his company’s software could be replaced with applications constructed by artificial intelligence models,…
From left, President Donald Trump, Oracle’s Larry Ellison, SoftBank’s Masayoshi Son and OpenAI’s Sam Altman appear at the White House in Washington on Jan. 21, 2025. Jim Watson | Afp | Getty Images The Pentagon on Thursday announced a contract with Oracle worth almost $7 billion over a decade, a big win for the software…
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images The Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register….
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock jumped 11% in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates Earnings per share: 42 cents, adjusted, versus 21 cents expected Revenue: $16.1 billion, versus $14.42…
A person enters The New York Times building in New York City on Jan. 22, 2026. Angela Weiss | AFP | Getty Images The Department of Justice is withdrawing subpoenas it obtained for New York Times reporters involved in an article about President Donald Trump‘s new Air Force One jet, prosecutors told a federal judge…
The US Capitol in Washington, DC, US, on Wednesday, July 22, 2026. Aaron Schwartz | Bloomberg | Getty Images Congress on Thursday split on advancing a pair of war powers resolutions aimed at forcing President Donald Trump to abandon his war with Iran, as the conflict escalates into a deadly new phase and oil tops…
Firefighters drive past the smoke of a fire at the Russian e-commerce firm Wildberries’ logistics complexes in the town of Elektrostal outside Moscow on July 18, 2026. A Ukrainian drone attack on two logistics centres in Russia killed eight people and injured 24, officials said on July 18, 2026. Tatyana Makeyeva | Afp | Getty…
Microsoft’s Xbox CEO, Asha Sharma speaks at the Bloomberg Tech conference in San Francisco on June 4, 2026. David Paul Morris | Getty Images Amazon and Microsoft have devised new ways to get people playing video games in the cloud. Microsoft’s Xbox division said Thursday that it will test an advertising-supported way of letting people…
Google‘s cloud chief Thomas Kurian said the company’s existing customers are shelling out “roughly 50% more” than they’ve already committed to spend on its products, which helped drive its red-hot cloud growth during the second quarter. “Our existing customers have increased their spend when they make a commitment to us,” Kurian told CNBC’s Jim Cramer…
Frank Bisignano, Commissioner of the Social Security Administration and former chairman and CEO of Fiserv, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 12, 2025. Brendan McDermid | Reuters Internal Revenue Service chief Frank Bisignano may have lied to Congress about…
