Breaking News: Technology
- Nintendo shares sink 10% as gaming giant faces memory shortage concerns - Nintendo fell over 10% in Asia trade as the gaming giant faces headwinds from an unprecedented memory shortage.
- Pinterest CEO rebukes, fires 'obstructionist' employees who created tool to track layoffs - Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
- AMD shares drop as forecast comes up short of some expectations - AMD's first-quarter forecast fell short of what some analysts were hoping for amid an AI spending boom.
- Musk's xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion - The record-setting deal will be the largest merger of all time and is valued at $1.25 trillion
- Palantir surges 10% after beating earnings estimates. Here's what's happening - The rise comes on the back of months of decline for the stock.
- Elon Musk has lauded the 'social media for AI agents' platform Moltbook as a bold step for AI. Others are skeptical - Elon Musk said the platform was the "very early stages of singularity" but others are more skeptical
- Waymo announces $16 billion funding round - The Alphabet-owned company said it is now valued at $126 billion.
- Palantir beats fourth-quarter estimates on the strength of AI and defense demand - Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
- Elon Musk's SpaceX reportedly combining with xAI ahead of potential IPO - Musk is combining rocket maker SpaceX with his AI startup, xAI, according to reporting from Bloomberg, which cited people familiar with the matter.
- Nvidia shares are down 2% after a report that its OpenAI investment stalled. Here's what's happening - Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.
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