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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.
Nintendo keeps Switch 2 forecast as device sales pass 17 million units
Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
SoftBank subsidiary to work with Intel on next-gen memory for AI
A SoftBank subsidiary has signed a collaboration agreement with Intel to commercialize "next-generation memory technology."
Musk's xAI needs SpaceX deal for the money. Data centers in space are still a dream
In merging SpaceX with xAI, Elon Musk may be providing his artificial intelligence startup with a much-needed cash infusion.
CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout
As part of the deal, New Delhi will "BUY AMERICAN" at "a much higher level," and stop buying oil from Russia, according to Trump.
Waymo announces $16 billion funding round
The Alphabet-owned company said it is now valued at $126 billion.
Oracle's credit default swaps are plummeting as financing plan boosts investor confidence
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Anti-ICE protesters should want more Palantir in government, CEO Karp says
As anti-ICE protests continue in Minneapolis after two fatal shootings by federal agents, Palantir has faced criticism for providing software to DHS.
Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO
Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.
Palantir beats fourth-quarter estimates on the strength of AI and defense demand
Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
Jim Cramer: Waymo's soaring valuation adds a new layer to the Alphabet buy story
Waymo's growth is reinforcing Alphabet's tech dominance and strengthens the bull case for the stock.
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