Articles from www.cnbc.com

Articles from www.cnbc.com

Sources: Mark Zuckerberg mulls more shake-ups to Meta's AI strategy; he lost faith in Meta's AI team during the controversy over allegations it gamed benchmarks (www.cnbc.com)
2025-7-30 AI Zuckerberg

Block-owned Cash App unveils Pools, a new peer-to-peer feature for group payments, and says users can accept contributions via Apple Pay or Google Pay, a first (www.cnbc.com)
2025-7-29 Google Apple Apple Pay

Apple plans to open the Apple Manufacturing Academy in Detroit in August, run by Michigan State University, as Trump ramps up pressure to invest in the US (www.cnbc.com)
2025-7-29 Trump Apple Manufacturing Detroit

PayPal reports Q2 net revenue up 5% YoY to $8.3B, vs. $8.08B est., TPV up 6% YoY to $443.5B, transactions down 5% YoY to 6.2B, active accounts up 2% YoY to 438M (www.cnbc.com)
2025-7-29

Z.ai, formerly known as Zhipu and which has raised $1.5B from Tencent and others, releases GLM-4.5, an open source AI model that's cheaper to use than DeepSeek (www.cnbc.com)
2025-7-29 AI Tencent

Palantir becomes the 20th most valuable US company, after its stock more than doubled in 2025, giving it a market cap of $375B (www.cnbc.com)
2025-7-26

Intel cancelled planned fab projects in Germany and Poland, and will consolidate its testing and assembly operations in Vietnam and Malaysia (www.cnbc.com)
2025-7-25 Germany Intel Malaysia Poland Vietnam

London-based stock trading app Lightyear, which operates in 25 European countries, raised $23M led by NordicNinja, sources say at a $200M-$300M valuation (www.cnbc.com)
2025-7-24 Europe London

ServiceNow reports Q2 revenue up 22.5% YoY to $3.22B, vs. $3.12B est., and net income up 47% YoY to $385M, fueled by AI growth; NOW jumps 7%+ after hours (www.cnbc.com)
2025-7-24 AI

SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est., and expects sustained HBM demand in 2025 (www.cnbc.com)
2025-7-24

Alphabet reports Google Cloud Q2 revenue up 32% YoY to $13.62B, vs. $13.11B est., and raises its 2025 capex forecast to $85B, up from $75B in February (www.cnbc.com)
2025-7-24 Google Alphabet

Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform (www.cnbc.com)
2025-7-24 Blockchain Goldman

Meta introduces new safety features for teens, including enhanced DM protections, and removed 600K+ Instagram and Facebook accounts linked to predatory behavior (www.cnbc.com)
2025-7-23 Facebook Instagram

PitchBook: in H1, AI startups raised $104.3B in the US, or about 66% of all US VC funding, up from 49% last year; there were 281 VC-backed exits totaling $36B (www.cnbc.com)
2025-7-23 Startup AI

S&P Global says Block will join the S&P 500 on July 23, after announcing Monday that ad tech firm The Trade Desk will also be added; XYZ jumps 9%+ after hours (www.cnbc.com)
2025-7-19

Neuralink filed on April 24 as a “small disadvantaged business” that could give it preferential access to federal opportunities, before being valued at $9B (www.cnbc.com)
2025-7-18

Netflix reports Q2 revenue up 16% YoY to $11.08B, vs. $11.07B est., net income of $3.13B, and forecasts 2025 revenue of $44.8B-$45.2B, up from $43.5B-$44.5B (www.cnbc.com)
2025-7-18 Netflix

OpenAI says it will use the Google Cloud Platform for ChatGPT and its API, adding it to a list of suppliers that also includes Microsoft, CoreWeave, and Oracle (www.cnbc.com)
2025-7-17 Google Microsoft Oracle

ASML reports Q2 net sales of €7.7B, net income of €2.29B, and net bookings of €5.5B vs. €4.19B est., with tariffs having a “less negative” impact than expected (www.cnbc.com)
2025-7-16

Several crypto regulation bills backed by Trump fail to clear a key hurdle in the US House after 13 Republicans voted with Democrats to block the legislation (www.cnbc.com)
2025-7-16 Trump Democrat Republican

On stablecoins, JP Morgan's Jamie Dimon says, “We're going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it” (www.cnbc.com)
2025-7-16 JPMorgan

A New Hampshire court rejected TikTok's request to dismiss the state AG's suit accusing the company of using manipulative design features aimed at kids (www.cnbc.com)
2025-7-12

Justin Sun says he is buying another $100M worth of $TRUMP, doubling his total known stake of digital coins tied to President Trump (www.cnbc.com)
2025-7-12 Trump

Goldman Sachs CTO Marco Argenti says the bank is “going to start augmenting our workforce with Devin”, Cognition's AI coding assistant, as Wall Street adopts AI (www.cnbc.com)
2025-7-11 AI Wall Street Goldman

RealSense spins out from Intel after 14 years as the chipmaker's robotics camera unit, and raises a $50M Series A with participation of Intel Capital and others (www.cnbc.com)
2025-7-11 Intel Robot

Nvidia hits a $4T market cap in intraday trading, the first company to do so, after passing a $2T market cap in February 2024 and $3T in June 2025 (www.cnbc.com)
2025-7-10 Nvidia

Federal prosecutors accuse two US men of operating and promoting OmegaPro, a crypto multi-level marketing scheme that allegedly defrauded victims of $650M+ (www.cnbc.com)
2025-7-9

Apple says COO Jeff Williams will retire later this year, and Sabih Khan, Apple's SVP of Operations, will take over much of his role later this month (www.cnbc.com)
2025-7-9 Apple

Jack Dorsey shares TestFlight and GitHub links to his “weekend project”, Bitchat, a decentralized P2P messaging iOS app that relies on Bluetooth mesh networks (www.cnbc.com)
2025-7-8 IOS P2P Decentralize GitHub

President Trump announces 25% tariffs on Japan and South Korea, starting August 1 (www.cnbc.com)
2025-7-8 Trump Japan Korea

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