Breaking News: Technology
- 'Terrifying': Why U.S. senator in top intel post wants more spying on Chinese companies - Chinese biotech BGI will pass Huawei in scale and threat, says Sen. Mark Warner. 'It's terrifying,' he said at CNBC event, pushing for more corporate spying.
- Judge finalizes remedies in Google antitrust case - A U.S. judge on Friday finalized his decision for the consequences Google will face for its search monopoly ruling, adding new details to the decided remedies.
- Salesforce shares pop 5%, continuing post-earnings rally and pushing stock to best week since 2023 - Salesforce pops 5% after earnings beat, aiming for best week since 2023
- Nvidia partner Foxconn reports 26% revenue spike as AI boom continues - The Taiwanese company has increasingly moved into the AI infrastructure space in recent times
- Global websites back online as Cloudflare issues fix for dashboard issue - Shares of the company were down 4.5% in premarket trading after global websites went down and Cloudflare said it was investigating.
- 'China's Nvidia' Moore Threads surges over 400% on trading debut after $1.1 billion listing - Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
- SoFi's stock drops on $1.5 billion share sale announcement - SoFi said it's selling $1.5 billion in stock after the company's market cap almost doubled this year.
- Apple announces departure of general counsel and policy chief - The two executives previously reported to Apple CEO Tim Cook and represent the latest sign that Apple's senior leadership is seeing a slew of exits.
- Nvidia has a cash problem -- too much of it - Nvidia's recent slew of billion-dollar checks highlight the company's growing cash pile.
- Meta faces Europe antitrust investigation over WhatsApp AI policy - The European bloc has launched an antitrust investigation into the social media giant over its WhatsApp AI policy.