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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.
Jim Cramer says SpaceX investors aren't buying earnings — they're buying Elon Musk
CNBC's Jim Cramer said SpaceX investors are betting on Elon Musk's vision and track record, rather than the company's current earnings power.
Anthropic's Fable shutdown is a big moment for open-source AI
Anthropic’s Fable shutdown could boost open-source AI, but many of the models gaining traction are Chinese.
Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.
Intel begins production of most-advanced chip, inching closer to possible Apple deal
Intel is entering production of 18A-P, its most-advanced chip node that could be the target of a coming deal with Apple
SpaceX's blistering start still faces key tests that will determine the stock's true value
SpaceX's stock has yet to face true price discovery.
DOJ assists Musk's xAI in NAACP air pollution suit, asks court to toss case
The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk's xAI, now owned by SpaceX.
Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future
Snap is launching its first AR glasses geared toward the broader public instead of developers.
Self-driving tech supplier Mobileye targets U.S. robotaxi launch in 2027
Self-driving technology supplier Mobileye Global announced it would launch its own robotaxi service Tuesday.
SpaceX to acquire the AI coding startup Cursor for $60 billion
The deal will help to bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
We're buying more of a tech stock with a bright long-term future
This is our third purchase of the stock since adding it to our portfolio June 3.
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