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Social media bans on teens risk strengthening Big Tech’s grip on the sector, Bluesky exec warns

Social media bans on teens risk strengthening Big Tech’s grip on the sector, Bluesky exec warns

This photograph shows a set up smart-phone screen displaying the logo of main social media platforms including Instagram, Facebook, LinkedIn, Reddit, Telegram, X, Bluesky, Tiktok and Whatsapp. Martin Lelievre | Afp | Getty Images Government action to ban social media platforms risks strengthening Big Tech’s grip on the industry further, limiting access for smaller players, … Read more

Mock political party for India’s young ‘cockroaches’ set to hold first protest in New Delhi

Mock political party for India’s young ‘cockroaches’ set to hold first protest in New Delhi

NEW DELHI — NEW DELHI (AP) — The Cockroach Janata Party, a social media movement that began as an online joke and amassed millions of followers across India, will face its biggest test yet Saturday with its founder expected to lead a demonstration in New Delhi. The protest, planned at Jantar Mantar in the Indian … Read more

Cramer’s week ahead: Stocks face pressure from rates, oil, and a flood of new offerings

Cramer’s week ahead: Stocks face pressure from rates, oil, and a flood of new offerings

CNBC’s Jim Cramer on Friday warned that a combination of rising interest rates, elevated oil prices, and a wave of new stock offerings could continue to pressure the market in the week ahead. “You’re looking at a market that’s hostage to interest rates and high oil, coupled with a monster amount of new stock coming … Read more

Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell’s

Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell’s

Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Marvell Technology, a chipmaker that makes several different parts and products needed for the artificial intelligence infrastructure boom, is joining the S&P 500 on June 22, becoming the latest semiconductor company to be added … Read more

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Anthropic‘s Mythos model offered a much-needed lifeline to cybersecurity firms in the age of artificial intelligence. … Read more

Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Google to pay SpaceX 0 million a month for compute capacity at xAI data centers

(L-R) Google CEO Sundar Pichai speaks with Tesla and SpaceX CEO Elon Musk as they arrive for the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025.  Saul Loeb | Afp | Getty Images Days before a planned IPO … Read more

Trump administration, OpenAI discussing possible government stake in the AI startup

Trump administration, OpenAI discussing possible government stake in the AI startup

OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday. The discussions have been in progress for more than a year, as Altman first shared the idea with the Trump administration in 2025, according to a source familiar with … Read more

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more

AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC

AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI’s next model is being designed by another model in a sign that AI is reaching “super intelligence,” SoftBank CEO Masayoshi Son told CNBC. The billionaire’s comments come … Read more

Where investors may find the next ‘big wave’ for AI trade

Where investors may find the next ‘big wave’ for AI trade

The next massive gains in artificial intelligence may come from thousands of miles away. Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, is urging investors to look beyond their backyards to the emerging markets. “[It’s] where a lot of the big money can be made on the AI trade,” he told … Read more

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