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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.
SEC and Elon Musk agree to settle lawsuit over Twitter buyout in 2022
The SEC and Elon Musk agreed to settle a lawsuit filed by the regulator last year against the world's richest person.
Pinterest surges 17% after earnings beat as company posts strong guidance
Pinterest cut nearly 15% of the company's workforce and reduced office space in January as it pushes more resources into AI.
Palantir tops estimates on 85% revenue growth, fastest expansion since market debut in 2020
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
The move marks Anthropic's latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI
Circle jumps nearly 20% on Clarity Act compromise that preserves stablecoin rewards
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
Bret Taylor's Sierra raises nearly $1 billion months after last capital push
Sierra's $950 million Series E funding round was led by Tiger and Google's GV, with participation from Benchmark, Sequoia, Greenoaks and others.
Musk texted OpenAI's Brockman about settlement two days before trial began
Elon Musk co-founded OpenAI in 2015 and sued the company, President Greg Brockman and CEO Sam Altman in 2024.
Berkshire Hathaway meeting, Spirit shuts down, Meta's return to court and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Meta's public nuisance case in New Mexico has billion-dollar consequences
Meta is back in a Santa Fe courthouse in a child safety case that could determine whether the company is a public nuisance.
AI chipmaker Cerebras targets $3.5 billion raise in IPO
The share sale could give the company a valuation of up to $24.5 billion, compared with $23 billion as of February.
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