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Key PointsStarting from Oct. 7, banks will be required to start compensating victims of online fraud a maximum £85,000 in the U.K.On Thursday, London-based digital bank Revolut accused Meta of fall...

Key PointsTencent and Ubisoft’s founding Guillemot family are considering a buyout among other options, Bloomberg News reported Friday.Shares of Ubisoft spiked 33% following publication of the repo...

KEY POINTSMicrosoft took a nonvoting board seat at OpenAI back in November in a bid to quell some of the questions about Microsoft’s interest in the startup.This followed a turbulent period during ...

KEY POINTSApple has just launched a new marketing website, promoting the Apple Watch as a way for parents to stay in touch with their kids.The pitch is that a cellular-connected Apple Watch will gi...

KEY POINTSApple finally dove headfirst into artificial intelligence on Monday with its announcement of Apple Intelligence.You will need at least this year’s high-end iPhone 15 Pro if you want to ru...

KEY POINTSGoogle on Tuesday hosted its annual I/O developer conference.The company announced a range of artificial intelligence products, from new search and chat features to AI hardware for cloud ...

KEY POINTSOpenAI on Monday introduced a new AI model and a desktop version of ChatGPT, its popular chatbot.The new model is called GPT-4o.“This is the first time that we are really making a huge st...

BARCELONA, Spain — Alef Aeronautics, a SpaceX-backed flying car firm, says it has reached 2,850 preorders for its futuristic electrical vertical takeoff and landing (eVTOL) vehicle.Alef Aeronautics...

KEY POINTSThe symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales.Nvidia is valued even more highly than the large software c...

KEY POINTSOpenAI announced Thursday it has expanded beyond text and images to offer video-generation AI for the first time.The new model, called Sora, allows a user to type out a desired scene and ...

Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022.Nvidia Corp | via ReutersKEY POINTSAMD and N...

KEY POINTS1）Commentators CNBC spoke to, both inside and outside of the cryptocurrency industry, have given various price predictions for bitcoin in 2024, ranging from $60,000 to $500,000.2）Industry...

KEY POINTS Sean Cassidy, who served as the drone delivery unit’s head of safety, flight operations and regulatory affairs, has departed the company, CNBC has learned. Cassidy was Amazon’s p...

KEY POINTS>>>At OpenAI’s developer event in San Francisco, Microsoft CEO Satya Nadella told the audience that his company’s cloud is the best place for them to build.>>>“Our job No. 1 is to build t...

KEY POINTSThe U.K. government said Wednesday that it will invest £225 million, or $273 million, into an AI supercomputer, highlighting the country’s ambition to lead in the technology as it races t...

KEY POINTSChinese consumer electronics firm Honor has launched its flagship foldable smartphone overseas — venturing into a high-end market dominated by Samsung and Apple.·The Honor Magic V2 will g...

KEY POINTSAmazon Web Services on Wednesday announced a new service for health-care software providers called AWS HealthScribe.The service aims to save health-care workers time with AI-generated tra...

KEY POINTSApple’s Vision Pro headset has sparked a resurgence of interest in virtual reality headsets.Some of the most powerful consumer electronics companies have released headsets, including Nint...

KEY POINTSAmazon is testing the use of artificial intelligence to generate summaries of reviews left on some products.The feature provides users with an overview of what shoppers like and dislike a...

KEY POINTS The Federal Aviation Administration issued a Starship launch license to Elon Musk’s SpaceX. SpaceX aims to launch Starship as soon as Monday from its private facility in Texas along the Gul

OpenAI announced the latest version of its primary large language model, GPT-4, on Tuesday, that it says exhibits “human-level performance” on many professional tests.GPT-4 performed at the 90th pe...

KEY POINTS Companies like Microsoft and Google are fighting to integrate cutting-edge AI into their search engines, as billion-dollar competitors such as OpenAI and Stable Diffusion race ahead and rel

Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Imag...

Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.“I have never helped do anything at Berkshire [Hatha...

KEY POINTSAs health care becomes more digitized, scientists, doctors and researchers have to try and decipher unprecedented amounts of data to adequately personalize care.Amazon Web Services has la...

PUBLISHED SAT, DEC 3 202210:00 AM ESTUPDATED SUN,KEY POINTSWith interest rates rising and corporate earnings taking a hit, some companies are looking for ways to cut back on their cloud spending.Am...

Meta is at the bottom of the S&P, trailing Align Technology, Generac Holdings, SVB Financial Group and Match Group.Meta shares are down roughly 73% over the past year.Investors appear concerned abo...

Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff Thursday. The company had already halted new hires for corporate retail jobs. CEO Andy Jassy ...

Twitter will be laying off staff members, it said in an email obtained by NBC News.

KEY POINTSPackable, the parent company of top-ranking Amazon seller Pharmapacks, is laying off employees and ceasing operations, according to documents viewed by CNBC.The health and beauty product ...

Under a new leadership team helmed by Chew, ByteDance-owned TikTok is no longer just a popular entertainment app but a revenue-generating business.Since its launch in 2016, TikTok has had frequent ...

As the flagship branch of a network of innovation centers, Sunwah Innovation Center Ho Chi Minh City aims to help Vietnamese startups scale up globally.

Renault has released details of an electric-hydrogen hybrid concept car, with the French automaker describing hydrogen technology as being “one of the options to make electric vehicles more conveni...

Through sheer dedication and hard work, the former corporate attorney has built a reputation as a top dealmaker for Chinese companies planning to go public.On April 25, in a 600-word memo circulate...

China is trying once again to lift the spirits of its huge tech industry after a bruising regulatory offensive that has weakened some of its biggest businesses at a time of stalling economic growth.

Google on Wednesday unveiled an expanded lineup of hardware products in the latest sign it remains committed to moving beyond its core advertising business and competing with the likes of Apple.