Indonesia on Wednesday said TikTok has a one-week deadline to become a standalone app, without any e-commerce feature, or risk being shut down. “Even if it can secure a separate license to operate, operating as a standalone app may still be challenging. Given that most of its purchases are impulse buys, the need to log … Read more
A sign is posted at the Nvidia headquarters in Santa Clara, California, May 25, 2022. Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more
2 Hours Ago Nasdaq, S&P 500 end Monday in the green The tech-heavy Nasdaq Composite advanced Monday, gaining 206.8 points, or about 1.6%. The S&P 500 also ended Monday higher, inching up 30 points, or 0.7%. The Dow Jones Industrial Average shed nearly 37 points, or 0.1%, however. — Pia Singh 2 Hours Ago Allstate … Read more
Google is telling users by email that it will delete accounts, starting in December, if people haven’t signed in to them for two years or more. The policy change is facing criticism online, in part because the emails can be easily ignored. Google said in May that the move was for security reasons, but the … Read more
Nvidia’s surge past $1 trillion market cap puts it alongside household names Amazon, Apple, Microsoft and Alphabet. Baked into the stock price is a slew of assumptions about growth, including quadrupling net income this year. Nvidia’s graphics chips have proven to be the best for training AI models, and the company’s forecasts show insatiable demand. … Read more
Spend enough time with ChatGPT and other artificial intelligence chatbots and it doesn’t take long for them to spout falsehoods. Described as hallucination, confabulation or just plain making things up, it’s now a problem for every business, organization and high school student trying to get a generative AI system to compose documents and get work … Read more
Stocks have given back some of their impressive first-half gains in recent days. The Labor Department’s June readout of nonfarm payrolls showed a job market that’s beginning to ease. Twitter accused Meta of stealing trade secrets in the development of its new Threads app. Traders on the floor of the NYSE, July 6, 2023. Source: … Read more
Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google told the Canadian government it would block articles from Canada-based news outlets from appearing in search results and other … Read more