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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.

  1. Apple incoming CEO John Ternus faces a defining challenge: Fixing the company's AI strategy

    Tim Cook had a highly successful tenure as Apple's CEO, but he leaves his successor with a big gap to fill when it comes to the company's position in AI.

  2. Nvidia supplier Victory Giant sees shares soar 60% in Hong Kong debut

    Shares of Victory Giant Technology surged in what is Hong Kong's largest initial public offering debut so far this year.

  3. Tim Cook reactions: Sam Altman, Palmer Luckey react to Apple CEO move

    Apple CEO Tim Cook's move to executive chair spurred commentary from tech leaders Sam Altman and Palmer Luckey.

  4. Jim Cramer gives four reasons why the market keeps shrugging off the Iran war

    CNBC's Jim Cramer explained why the stock market keeps shrugging off the Iran war.

  5. Marvell pops on report it will help Google with custom AI chips. Broadcom shares sink

    Marvell saw a $2 billion investment from Nvidia in March, as AI demand continues to surge.

  6. Apple taps John Ternus as CEO to replace Tim Cook, who will become chairman

    Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1.

  7. Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal

    Amazon is boosting its investment in Anthropic, which is committing to spending over $100 billion on Amazon cloud services over the next decade.

  8. Amazon 'strong-armed' Levi's, Hanes to hike prices on rival sites, California DA says

    Amazon allegedly coerced major vendors into convincing rival retailers like Walmart, Target and Home Depot to raise prices

  9. U.S. seizes Iranian-flagged ship, Warsh's big week, Cursor funding and more in Morning Squawk

    Here are five key things investors need to know to start the trading day.

  10. AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion

    Artificial intelligence startup Cursor in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment.

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