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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.
Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer
Dropbox CEO Drew Houston, who started the cloud storage company when he was 24, plans to step down and assume the role of executive chairman.
We're again trimming a stock up 46% last week and 80% since our April initiation
More broadly, we don't buy parabolic moves; we take profits.
The Warsh era begins, U.S. strikes Iran, summer travel's record cost and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
'The Mandalorian and Grogu' is Disney's lowest-ever Star Wars film opening
Disney's "The Mandalorian and Grogu" tallied and estimated $82 million in domestic ticket sales through its first three days in theaters.
Microsoft’s new responsible tech lead on how to humanize high-speed AI development
Jenny Lay-Flurrie, head of Microsoft's Trusted Technology Group, says responsible tech is: How do we build it right? And how do we keep it that way?
AI wealth must benefit the public, South Korea's deputy PM says amid Samsung labor tensions
South Korea's deputy PM tells CNBC there are concerns as to whether AI could worsen wealth gaps or lead to job losses.
SpaceX launches Starship test flight on second try
SpaceX launched its massive Starship rocket on Friday, a day after the company scrubbed plans before takeoff.
Qualcomm's stock pop shows investors are 'waking up' to boom in AI devices
Qualcomm is on a big run, powered by investor bullishness that the company will be at the center of a boom in AI devices.
Reddit stock drops almost 6% after Meta launches standalone app for online forums
Reddit shares fell after Meta released a standalone app for Facebook Groups called Forum.
Stellantis' turnaround plan, prediction market regulation, Oura's IPO filing and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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