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A National Labor Relations Board judge found Amazon CEO Andy Jassy broke labor law by suggesting employees would be "less empowered" if they voted in a union.The judge cited interviews Jassy gave to CNBC, Bloomberg and The New York Times in 2022.The interviews coincided with an upswing in organizing activity in Amaz...

Google is laying off at least 200 employees from its "Core" organization, which includes key teams and engineering talent, CNBC has learned.As part of the unit's reorganization, the company will be hiring corresponding roles in Mexico and India."Announcements of this sort may leave many of you feeling uncertain or f...

Binance founder Changpeng Zhao, who pleaded guilty to money laundering violations in November, was sentenced to four months in prison on Tuesday.U.S. prosecutors had recommended a 36-month sentence for Zhao.The crypto billionaire stepped down as Binance's CEO as part of his agreement with the Justice Department.Chan...

In a Seattle court on Tuesday, U.S. District Judge Richard Jones will deliver a sentence to Binance founder and ex-CEO Changpeng Zhao.In November, Zhao pleaded guilty to criminal charges and stepped down from his role as CEO of the crypto exchange.For months, Judge Jones has been weighing the appropriate punishment ...

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023.Seth Wenig | APIntel's long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to ...

A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via ReutersFederal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and "many others" resulting in serious...

HashiCorp software helps organizations manage cloud infrastructure and security credentials.The company's revenue jumped almost 23% in the most recent fiscal year, compared with 2% for IBM. HashiCorp at the Nasdaq MarketSite on Dec. 9, 2021.Source: NasdaqHashiCorp shares jumped almost 20% on Tuesday following a medi...

Google search boss Prabhakar Raghavan told employees to prepare for a different market reality, because "things are not like they were 15-20 years ago."At a recent all-hands meeting, Raghavan said user behavior is changing, competition is heating up and regulation is becoming a bigger challenge.Raghavan said he's sh...

In Los Angeles, the Homelessness Prevention Program uses predictive AI to identify individuals and families at risk of becoming homeless, offering aid to help them get stabilized and remain housed.Launched in 2021, the program has helped serve nearly 800 individuals and families at risk of becoming homeless, with 86...

A drone operator loads a Walmart package into Zipline's P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023.Bunee TomlinsonAutonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it's eyeing restaurant partnerships in ...

Less than eight years after introducing the Snowmobile at its Reinvent conference in Las Vegas, Amazon has taken the 18-wheeler out of service. Amazon Web Services designed the semi to help customers move large amounts of data to the cloud.A page on the AWS website devoted to products for large-scale data migration ...

Google and Alphabet Inc. CEO Sundar Pichai arrives at the federal courthouse in Washington, Monday, Oct. 30, 2023.Jose Luis Magana | APGoogle terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against labor conditions and the company's contract to provide the ...

Google employees protest in New York on April 17th, 2024.Courtesy: No Tech For ApartheidNine Google workers were arrested on trespassing charges Tuesday night after staging a sit-in at the company's offices in New York and Sunnyvale, California, including a protest in Google Cloud CEO Thomas Kurian's office.The arre...

Tesla will ask shareholders to reapprove CEO Elon Musk's $56 billion pay package, months after a Delaware court found it deeply flawed and voided it.The company is also seeking to reincorporate in Texas as a direct result of the court decision.Musk has publicly and bitterly decried both the decision and continued in...

Top venture capitalist Vinod Khosla and Palantir advisor Jacob Helberg penned an open letter to the U.S. Senate calling on it to pass the so-called TikTok ban bill.Helberg and Khosla have regularly voiced their views on the dangers TikTok poses to the U.S., describing it as a "weapon of war."In an interview with CNB...

Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Gonzalo Fuentes | ReutersTesla will reveal its robotaxi product on Aug. 8, C...

Apple is exploring the development of personal home robots after ditching its electric vehicle project, Bloomberg reported Wednesday.Engineers have been looking into a robot that can follow users around their homes, as well as a tabletop device that uses robotics to adjust a display screen, Bloomberg reported, citin...

The cuts affect hundreds of staffers in AWS' store technology and sales and marketing units.Sales growth in AWS' has decelerated in recent quarters as companies trimmed their cloud spend.A day earlier, Amazon said it would remove its cashierless checkout technology from its U.S. Fresh stores.Attendees walk through a...

Xiaomi CEO Lei Jun said the standard version of the SU7 will sell for 215,900 yuan ($30,408) in the country — a price he acknowledged would mean the company was selling each car at a loss.Tesla's Model 3 starts at 245,900 yuan in China.Lei claimed the standard version of the SU7 beat the Model 3 on more than 90% of ...

Reddit shares are plummeting after experiencing a rally stemming from the social media company's IPO last week.Shares closed Thursday at $49.30, falling below their closing price on Reddit's first day of trading last week on the New York Stock Exchange. Earlier this week, Reddit disclosed in a corporate filing that ...

Jakub Porzycki | Nurphoto | Getty ImagesAmazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a front...

Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as Reddit begins trading in New York on March 21, 2024. Timothy A. Clary | AFP | Getty ImagesOpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015.His Reddit ownership is anoth...

Following the lead of companies like Airbnb and Rivian, Reddit is inviting some users to participate in its upcoming IPO. Reddit moderators told CNBC that they're declining the offer, citing lingering tensions with management and concerns over the company's business."It doesn't really feel like Reddit is necessarily...

In this photo illustration a Reddit logo is seen displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesReddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range.The offering brought in $519 million,...