Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
12 March 2025 at 14:08
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
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Today — 12 March 2025Latest Tech News from CNBC
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Latest Tech News from CNBC
- Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
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- Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
12 March 2025 at 13:49
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.
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- FTC reverses course, says it has resources to pursue Amazon deceptive practices case
FTC reverses course, says it has resources to pursue Amazon deceptive practices case
12 March 2025 at 14:09
The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
Tesla bounces for second day after steepest drop since 2020
12 March 2025 at 08:16
The electric vehicle company has shed more than 40% in market value since President Donald Trump took office.
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- Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
12 March 2025 at 11:39
Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.
Ailing Swedish EV battery firm Northvolt files for bankruptcy
12 March 2025 at 01:35
Struggling electric vehicle battery manufacturer Northvolt says it has filed for bankruptcy in Sweden.
Yesterday — 11 March 2025Latest Tech News from CNBC
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- Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
11 March 2025 at 17:55
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.
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- Reddit rallies after three-day slump as analyst calls sell-off 'excessive'
Reddit rallies after three-day slump as analyst calls sell-off 'excessive'
11 March 2025 at 12:11
Reddit shares rose more than 10% following an analyst note on Tuesday that said the company's shares remain "extremely attractive."
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- Waymo expands its robotaxi service again, this time to parts of Silicon Valley
Waymo expands its robotaxi service again, this time to parts of Silicon Valley
11 March 2025 at 08:30
With the expansion, Waymo will now take passengers around Mountain View, Los Altos, Palo Alto and parts of Sunnyvale, California.
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- Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS
Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS
11 March 2025 at 05:00
Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round led by Moderne Ventures.
Before yesterdayLatest Tech News from CNBC
Digital physical therapy provider Hinge Health files for IPO
10 March 2025 at 16:15
Digital physical therapy startup Hinge Health filed its IPO prospectus with the SEC on Monday.
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- Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks plummet as Wall Street worries about consumer spending, credit
10 March 2025 at 13:56
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.
Oracle misses on earnings and issues weak revenue guidance
10 March 2025 at 16:31
Oracle missed analysts' expectations for the third quarter.
Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%
10 March 2025 at 14:15
Dustin Moskovitz, the CEO of Asana, will retire from the software company he co-founded in 2008.
Tesla shares plunge 15%, suffering steepest drop in five years
10 March 2025 at 13:46
Tesla continued its downward slide on Monday, with the stock suffering its most dramatic sell-off since September 2020.
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- Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
10 March 2025 at 13:19
The seven most valuable tech companies lost more than $750 billion in market value on Monday
Elon Musk’s X suffers multiple outages
10 March 2025 at 11:19
Elon Musk's social media platform X experienced several outages on Monday
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- Bitcoin falls to November low under $80,000 on heightened recession fears
Bitcoin falls to November low under $80,000 on heightened recession fears
10 March 2025 at 11:01
Bitcoin slipped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market.
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- A European Starlink rival's shares skyrocketed 390% in a week — here's why
A European Starlink rival's shares skyrocketed 390% in a week — here's why
10 March 2025 at 06:56
Shares of French satellite operator Eutelsat gained over 550% in a three-day rally last week.
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- Bitcoin falls as much as 6.5% as volatility continues after Trump's bitcoin reserve plan
Bitcoin falls as much as 6.5% as volatility continues after Trump's bitcoin reserve plan
10 March 2025 at 01:15
President Donald Trump's executive order to create a U.S. strategic bitcoin reserve disappointed investors.
