Why Your Life Is Now on Subscriptions
As companies look to build cash flow and loyalty, everything from heated car seats to earthworm deliveries can become a recurring charge on your credit card. Source link
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EU to crack down on TikTok, Instagram ‘addictive design’ hooking kids
The TikTok app logo is seen in this photo illustration taken in Warsaw, Poland on 18 November, 2024. Nurphoto | Nurphoto | Getty Images The EU is clamping down on social media firms and plans to target “addictive design” features on TikTok and Instagram as governments worldwide look to protect children from the harms of…
5 things to know before the market opens Monday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Several pharmaceutical stocks are climbing this morning amid the recent hantavirus outbreak. Officials say the public health risk from the virus is low. Stock futures are little changed this morning following a winning week for all three major indexes. Here…
Micron shares are rising again despite weak overall market. Why memory chip rally seems unstoppable
Micron has become a standout favorite during the ongoing memory chip rally as tech companies scramble to secure supply amid shortages. The stock is up yet again on Monday even as the overall market is sagging on rising energy prices and concerns of renewed fighting between the US and Iran. Shares of Micron were up…
OpenAI’s Dresser says enterprise AI adoption is ‘at a tipping point’
OpenAI Chief Revenue Officer Denise Dresser said Monday that we’re at a “tipping point” in enterprise artificial intelligence adoption, and the startup’s new Deployment Company will help with the push to get more companies on board. “Think about the complex workflows, about how you actually build a product service, a product market, a product, and…
Google thwarts effort hacker group use AI ‘mass exploitation event’
Boonchai Wedmakawand | Moment | Getty Images Google’s Threat Intelligence Group said in a report on Monday that it thwarted an effort by hackers to use artificial intelligence models to “plan a mass vulnerability exploitation operation.” The group, known by the acronym GTIG, said it has “high confidence” that it recorded hackers using an AI model…
Former Tesla CFO Ahuja joins EV battery recycler Redwood Materials
Deepak Ahuja Source: Verily Redwood Materials, the electric vehicle battery recycling business started by Tesla board member and former CTO JB Straubel, is bringing on another former Tesla executive, Deepak Ahuja, as CFO, the company announced Monday. Ahuja served as finance chief at Tesla from March 2017 to March 2019, his second term at Elon Musk‘s…
Microsoft CEO Satya Nadella takes stand in Musk v. Altman trial
Microsoft CEO Satya Nadella passes through security at the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on May 11, 2026. Karl Mondon | AFP | Getty Images Microsoft CEO Satya Nadella took the stand to testify in the Musk v. Altman trial in federal court in…
Trump invites Elon Musk, Tim Cook, Larry Fink for Xi China summit
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images President Donald Trump has invited executives from some of the biggest U.S….
AI isn’t costing anybody their job right now
White House National Economic Council Director Kevin Hassett on Monday shrugged off any negative impact of artificial intelligence on employment, saying the emergent technology isn’t costing anyone their jobs right now. “There’s no sign in the data that AI is costing anybody their job right now, but we are studying the future of AI and…