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Budrul Chukrut | Lightrocket | Getty ImagesSocial media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol "RDDT."Reddit said it had $804 million in annual sales fo...

A patient implanted with Neuralink's brain technology can now control a computer mouse just by thinking, the company's founder Elon Musk said.The billionaire's startup says it has developed a brain implant to help humans use their neural signals to control external technologies.Musk, who is also the CEO of Tesla, sa...

The X social media platform on Tuesday restored the account of Yulia Navalnaya, the widow of Russian opposition leader Alexei Navalny, after a brief suspension.It was not immediately clear why Navalnaya's account was suspended in the first place.Upon contacting the X press team, CNBC received an automated response o...

SpaceX has filed to move its incorporation location to Texas from Delaware, according to public filings with the Texas Secretary of State. The move follows a Delaware Chancery Court ruling that ordered Tesla to rescind Elon Musk's 2018 CEO pay package, worth about $56 billion in options. Musk voiced a strong prefere...

Paramount Global announced Tuesday it is laying off about 800 employees, or roughly 3% of its workforce, according to a person familiar with the matter.Paramount Global, which owns CBS, said Monday that the network set record highs for Super Bowl viewership.Bakish warned of impending layoffs in an internal note sent...

Aware, an AI firm specializing in analyzing employee messages, said companies including Walmart, Delta, T-Mobile, Chevron and Starbucks have hired it to track sentiment and weed out toxicity.Aware said its data repository contains messages that represent about 20 billion individual interactions across more than 3 mi...

OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported.Altman has long talked of the supply-and-demand problem with AI chips — many AI giants want them, but there aren't enough to go around — and that it limits OpenAI's gro...

Meta's Reality Labs unit brought in more than $1 billion in fourth-quarter sales but recorded an operating loss of $4.65 billion.The company's heavy spending on the metaverse comes as Apple jumps into the market with its Vision Pro headset, which is slated to debut Friday.The VR and AR market saw a 40% sales drop in...

Elon Musk — the CEO of Tesla and SpaceX and owner of X, formerly Twitter — speaks during the New York Times annual DealBook summit in New York City, Nov. 29, 2023.Michael M. Santiago | Getty ImagesA Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company's board o...

TechPublished Sat, Jan 27 20246:37 AM ESTUpdated Sat, Jan 27 20248:18 AM ESTUS President Joe Biden speaks at a meeting of the National Infrastructure Advisory Council, in the Indian Treaty Room of the White House in Washington, DC, on December 13, 2023.Jim Watson | AFP | Getty ImagesThe Biden administration is expec...

Thierry Breton, France's European Union commissioner for internal market and consumer protection, industry, research and energy.JOHN THYSApple faces strong action if changes to its App Store do not meet incoming European Union regulations, the bloc's industry chief said on Friday.In a move designed to comply with th...

Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the Atreju political convention organized by Fratelli d'Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Antonio Masiello | Getty ImagesTesla reported revenue and profit for the fourth quarter that missed analysts'...

OpenAI CEO Sam Altman said artificial general intelligence, or AGI, could be developed in the "reasonably close-ish future."AGI is a term used to refer to a form of artificial intelligence that can complete tasks to the same level, or a step above, humans.Altman said AI isn't yet replacing jobs at the scale that man...

A host of companies including Ecosia, Qwant and Shibsted have signed an open letter accusing Big Tech "gatekeepers" of not doing enough to engage effectively with them and others.The firms have called on the European Commission and the European Parliament to do everything in their power to ensure the gatekeepers com...

The IMF assessed the potential impact of AI on the global labor market and found that, in most cases, AI is likely to worsen overall inequality.IMF chief Kristalina Georgieva urged policymakers to tackle this "troubling trend" and proactively take steps "to prevent the technology from further stoking social tensions...

Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company.Team,We've taken significant steps towards our long-term vision of ...

Unity Software said Monday that it would lay off about 1,800 employees, or 25% of its overall workforce, as part of a corporate restructuring plan.The company said it is unable to "reasonably estimate the costs and charges in connection with this reduction, which it expects will be substantially incurred in the firs...

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023.Dustin Chambers | Bloomberg | Getty ImagesOn Monday, OpenAI, the artificial intelligence startup behind viral chatbot ChatGPT, clapped back at The New York Times in a statement over the news outlet's recently filed lawsui...

The Supreme Court decline to take an appeal by Elon Musk's X company challenging a ban on the company disclosing federal surveillance of Americans and foreign nationals using the service.X, formerly known as Twitter, had argued that the federal government's prohibition on the company disclosing the receipt of nation...

Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, SpainJoan Cros Garcia/Corbis | Corbis News | Getty ImagesTwilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software com...

Apple's iPhone sales in China were down more than 30% year over year for the first week of the year, while competitors like Huawei have "remained much stronger," according to a note from Jefferies analysts Sunday.The analysts said Huawei gained the most smartphone market share in China in 2023, rising by about 6% ye...

Elon Musk — the CEO of Tesla and SpaceX and owner of X, formerly Twitter — speaks during the New York Times annual DealBook summit in New York City, Nov. 29, 2023.Michael M. Santiago | Getty ImagesThe U.S. National Labor Relations Board has filed a complaint against SpaceX, alleging that Elon Musk's defense contract...