CNBC Tech - Gaming

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
  1. Microsoft announced a new A$25 billion ($18 billion) investment into Australia's digital infrastructure on Thursday, spanning cybersecurity and AI development.
  2. Prior to SpaceX's announcement that it's agreed to a potential purchase of Cursor, Microsoft looked at buying the AI coding startup.
  3. As part of an AI initiative that tracks employee keystrokes and mouse clicks, Meta is monitoring use of popular sites like Google, LinkedIn and Wikipedia.
  4. SK Hynix posted yet another quarter of record profit and revenue, as prices for its products continue to surge amid strong AI demand. 
  5. ServiceNow's stock has slumped this year, along with other software names, as AI has threatened to disrupt the industry's business model.
  6. CNBC's Jim Cramer outlined an investing strategy to avoid missing out on big winners during momentum-driven markets.
  7. IBM CEO Arvind Krishna said he expects others to quickly catch up to the power and performance of Anthropic's Mythos AI model.
  8. The software company beat expectations for earnings and revenue as it continued to expand its artificial intelligence offerings.
  9. Investors have been attuned to mainframe disruption threats from artificial intelligence, but IBM posted 51% growth in Z mainframe hardware revenue.
  10. Microsoft said Daniel Shapero will be the new CEO of LinkedIn, reporting to Ryan Roslansky, who held the job since 2020 and now has added responsibility.