Spotify, Reddit and X have all implemented age assurance systems to prevent children from being exposed to inappropriate content. STR | Nurphoto via Getty Images The global online safety movement has paved the way for a number of artificial intelligence-powered products designed to keep kids away from potentially harmful things on the internet. In the…
The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty-free and with less oversight. Now,…
Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram, at U.S. District Court in Washington, D.C., U.S., April 15, 2025. Nathan Howard | Reuters Meta on Friday said it is making temporary changes to…
A strong month for the stock market was going out on a sour note on Friday. The S & P 500 retreated from Thursday’s record high close, reversing slightly into the red for the week, which put the index on pace to end its four-week winning streak. For August, however, the S & P 500…
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology plunged 15% on Friday after the artificial intelligence chipmaker’s data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here’s how the company did…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Ambarella stock roared 20% higher Friday as the chip designer reported better-than-expected fiscal second-quarter results and issued strong guidance. Here’s how the company did compared with LSEG expectations: Earnings: 15 cents per share adjusted vs 5 cents per share expected Revenue: $96 million vs $90…
Affirm stock popped 20% Friday after the buy now, pay later firm beat Wall Street’s expectations across the board in its fiscal fourth-quarter results. The stock was already up 31% this year heading into the report, outpacing the Nasdaq’s 12% gain. Earnings came in at 20 cents a share and nearly doubled analyst expectations, with…
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant’s revenues came in under…
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. The Soyuz TMA-19M rocket launches into space from Kazakhstan’s Baikonur Cosmodrome on Dec. 15, 2015. NASA/Joel Kowsky | Getty Images Overview: Made in Russia Smartphone enthusiasts can pick up fresh…
Photo illustration of the YouTube TV logo displayed on a smartphone, with the YouTube logo in the background. Nurphoto | Nurphoto | Getty Images YouTube and Fox announced Friday that the companies had reached a deal to keep Fox News, Fox Sports and other Fox channels available on YouTube TV, following negotiations over a new…
