Meta's "supreme court," the Oversight Board, is planning to make some layoffs.The body last week told some employees their jobs were at risk, The Washington Post reported.The cuts come as platforms face mounting pressure to combat AI content before elections this year. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

Tesla's stock price jumped 10% in Monday's premarket as traders reacted to Elon Musk's China trip. Musk seems to have won key support for rolling out Tesla's autonomous driving technology in China. The news looks like a "home run" for the electric car maker, Wedbush's Dan Ives said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you' ...

Elon Musk has moved closer to getting full self-driving technology approved in China, reports suggest.Tesla will face competition, with many local rivals rolling out their own versions of FSD. One local EV boss welcomed the move, saying regulators should "let a hundred flowers bloom." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you' ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGoogle's parent company, Alphabet, hit a new milestone on Friday: a $2 trillion market cap.  Google is now the world's fourth most valuable public company, right behind Nvidia, Apple, and Microsof ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThere's an AI battle raging, and Sundar Pichai appears to be Google's wartime general.With Pichai at the helm, Alphabet just reported blockbuster first-quarter earnings that surpassed analysts' es ...

Alphabet shares surged in Friday's premarket after a blowout earnings report for the Google owner. Microsoft racked up more modest gains after doubling down on its AI spending spree. The S&P 500 and Nasdaq 100 were set to open higher thanks to the Big Tech giants' strong results. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFord's bet on hybrids looks like it's paying off.The Detroit automaker announced in its earnings on Wednesday that hybrid sales rose 36% in the first quarter of 2024, with CEO Jim Farley telling i ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing isn't the only company grappling with turmoil in the aviation industry.On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call.Southwest Airli ...

Microsoft plans to boost spending on AI and cloud services as demand rises.The company made $26.7 billion in revenue this quarter from cloud products, including Azure.Microsoft's spending commitment follows leaked plans to acquire 1.8 million AI chips in 2024. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ad ...

Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations.Their CEOs said that their profits are in part thanks to their companies' investments in AI.This is going to be "a goldmine situation for them," Wedbush's Dan Ives told CNBC.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ...