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Breaking News: Technology

  • Business

YouTube star MrBeast buys youth-focused financial services app Step

Sagar5 months ago03 mins

Creator, Entrepreneur and Philanthropist Jimmy Donaldson, also known as MrBeast, speaks onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images The world’s largest YouTuber by subscriber count, Jimmy Donaldson, better known as…

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  • Business

Taiwan rebuffs U.S. push to absorb 40% of its chip supply chain

Sagar5 months ago03 mins

Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan has told Washington that its proposal to move 40% of the island’s semiconductor supply chain to the U.S. was “impossible” to execute, the country’s top tariff trade negotiator said in an interview….

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  • Business

Alphabet highlights new AI-related risks in tapping debt market

Sagar5 months ago04 mins

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. David Paul Morris | Bloomberg | Getty Images As Alphabet returns to the debt market to fund its artificial intelligence buildout, the company is acknowledging new risks tied to the rise of AI…

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  • Business

Sam Altman touts ChatGPT growth as OpenAI nears $100 billion funding

Sagar5 months ago03 mins

As OpenAI faces intensifying pressure from rival Anthropic’s improved coding tools, CEO Sam Altman is telling employees and investors that his company is seeing its share of momentum. Altman told OpenAI employees on Friday that ChatGPT, the company’s popular artificial intelligence chatbot, is “back to exceeding 10% monthly growth,” according to an internal Slack message…

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  • Business

Workday CEO Carl Eschenbach stepping down, Aneel Bhusri takes over

Sagar5 months ago02 mins

Workday co-founder Aneel Bhusri at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020, when he was CEO of the company. Bhusri will once again take on the role, with Carl Eschenbach stepping down. Adam Galica | CNBC Workday on Monday announced that CEO Carl Eschenbach is stepping down from his role and…

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  • Business

Short-seller CapitalWatch retracts report on AppLovin shareholder

Sagar5 months ago02 mins

The AppLovin logo arranged on a laptop in New York on Feb. 26, 2025. Gabby Jones | Bloomberg | Getty Images Short seller CapitalWatch has issued an apology and revised its report accusing a major AppLovin shareholder of financial crimes. The report, published last month, alleged relationships between Hao Tang and criminal syndicates, which the…

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  • Business

Monday.com drops 19% as AI disruption fears mount in software

Sagar5 months ago02 mins

Monday.com‘s stock plummeted more than 19% on Monday after the project management platform issued weak guidance as it grapples with rising concerns that artificial intelligence is disrupting the software business model. The Israel-based company called for revenue between $338 million and $340 million in the current quarter, short of the $343 million expected by analysts…

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  • Business

Meta big week in court, opening arguments in New Mexico, LA trials

Sagar5 months ago04 mins

This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | AFP | Getty Images Meta is back in court, but this time it’s a lone defendant. Opening arguments begin on Monday in a high-profile trial…

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  • Business

Meta warned EU plans to impose measures to reverse WhatsApp AI policy

Sagar5 months ago02 mins

The European Commission has told Meta it intends to impose “interim measures” to stop the tech giant from excluding third-party AI assistants from WhatsApp. On Monday, the EU informed the company that its preliminary view was that it had “breached” EU antitrust rules. The investigation is still ongoing, and measures are subject to Meta’s reply…

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  • Business

Big Tech stocks are treading water after $1 trillion sell-off week

Sagar5 months ago01 mins

Big Tech stocks were treading water in premarket trading on Monday, after a bruising week that saw more than $1 trillion wiped from their market caps. As of 6:12 a.m. ET, Oracle was up 1.5% and Microsoft had edged 0.8% higher. Meta was down 0.3% and Amazon was down 0.1%. Alphabet fell 0.6% and Nvidia…

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  • This is the most expensive market in American history
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