- Meta backs Databricks as the data analytics startup inches toward IPOon January 22, 2025 at 4:44 pm
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.
- How Bluesky, Twitter's onetime side project, is challenging Elon Musk's Xon January 22, 2025 at 4:13 pm
Bluesky attracted many X users following the U.S. election in November. The decentralized social media platform has now grown to more than 28 million users.
- Trump's crypto-frenzied inauguration weekend makes first family billions of dollars richeron January 22, 2025 at 3:54 pm
Donald Trump launched a meme coin Friday night, while many of his backers were partying at the Crypto Ball in Washington, D.C.
- Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPOon January 22, 2025 at 2:43 pm
Five months after announcing that it hit $200 million in annualized revenue, Abnormal Security has hired a CFO.
- Microsoft loses status as OpenAI's exclusive cloud provideron January 22, 2025 at 2:40 pm
Microsoft won't be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.
- UK replaces competition watchdog's chair with ex-Amazon boss after anti-growth criticismon January 22, 2025 at 12:33 pm
The British competition regulator tapped a top former Amazon executive as its new chair after accusations from Prime Minister Keir Starmer of stifling growth.
- Kevin O'Leary says he would 'love to do a TikTok deal,' but the law prevents iton January 22, 2025 at 7:33 am
Kevin O’Leary says that he’s still interested in a deal for TikTok, but that it’s no longer legally viable, even after Trump extended a ban on the platform.
- Trump says he's open to TikTok sale to Elon Musk or Larry Ellisonon January 22, 2025 at 12:28 am
At a press briefing on Tuesday, President Trump suggested that he's open to the idea of Elon Musk or Larry Ellison buying TikTok.
- Stripe cuts 300 jobs in product, engineering and operationson January 21, 2025 at 10:19 pm
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.
- Reddit shares rise 7%, hit record as Raymond James raises price targeton January 21, 2025 at 9:14 pm
Reddit shares closed up more than 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating.