Consumer Tech

OpenAI has finally completed its $6.5 billion acquisition of Jony Ive's AI hardware startup io Products, officially bringing the former Apple Inc. (NASDAQ:AAPL) design chief and his team into the fold to build a new generation of AI-native devices. What Happened: On Wednesday, OpenAI updated,...

GIBO Holdings Ltd. (NASDAQ:GIBO) experienced a surge of 28.11% after hours on Wednesday. What Happened: The stock price of GIBO Holdings Ltd. rose by 28.11% after hours, reaching $0.043. This increase followed an 18.16% rise during the regular trading hours, closing at $0.034. See Also: Pay...

Elon Musk‘s artificial intelligence startup xAI has launched Grok 4, positioning it as the world’s most powerful AI model according to benchmarks that show it outperforming OpenAI‘s ChatGPT, Google‘s Gemini, and Anthropic‘s Claude. What Happened: The new model debuts...

After being publicly told to "shut up" by Elon Musk, longtime Tesla Inc. (NASDAQ:TSLA) bull Dan Ives said that the tech mogul is entitled to his opinion. What Happened: Ives, a tech analyst at Wedbush Securities and one of Tesla's most vocal supporters, appeared on Bloomberg News. During the...

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg once joked that his parents were more proud of his Harvard University acceptance than anything he's done since, despite founding one of the world's most influential tech companies. What Happened: "I'm honored to be with you today because, let's...

When copper prices exploded by more than 13%—marking the biggest single-day gain in history—in response to President Donald Trump‘s latest tariff threat, commodity investors cheered. But for Tesla Inc (NASDAQ:TSLA), that chart may as well have been a warning flare. With every Model Y and...

Peter Navarro, the White House trade advisor, has expressed his dissatisfaction with Apple Inc. (NASDAQ:AAPL) CEO, Tim Cook, for not relocating the company’s manufacturing facilities out of China. What Happened: Navarro, in an interview with CNBC’s “Squawk on the Street” on...

Mark Zuckerberg-led Meta Platforms Inc. (NASDAQ:META) has reportedly acquired a minority stake in EssilorLuxottica (OTC:ESLOF). What Happened: Meta has acquired nearly 3% of EssilorLuxottica, the French-Italian eyewear giant behind brands such as Ray-Ban and Oakley, reported Bloomberg on Tuesday,...

Apple Inc. (NASDAQ:AAPL) has filed an appeal against the €500 million ($586 million) fine imposed by the European Union (EU) over alleged anti-competitive practices on its App Store. What Happened: The EU’s executive arm, the European Commission, previously charged Apple of violating its laws...

On Tuesday, Samsung Electronics Co. (OTC:SSNLF) reported a sharp 56% drop in second-quarter operating profit, citing U.S. export restrictions on advanced AI chips for China — a blow to its semiconductor business just days before its major Galaxy Unpacked product launch. What Happened: The South...

Ruoming Pang, the AI model lead at Apple Inc. (NASDAQ:AAPL), is reportedly leaving to join Mark Zuckerberg's Meta Platforms Inc. (NASDAQ:META). What Happened: Pang, who was leading Apple's AI model team responsible for training Cupertino's foundational models, is the latest hire to escalate Meta's...

Uber Technologies Inc. (NYSE:UBER) CEO Dara Khosrowshahi's mother revealed she still refuses to buy Starbucks Corporation (NASDAQ:SBUX) coffee, despite the fact that Uber Eats delivers it. What Happened: During a segment aired by CBS Sunday Morning on June 29, Khosrowshahi and his mother, Lili...

Tesla is swimming in contradiction. On the one hand, it’s a $1 trillion behemoth, rivaling the economy of an entire small nation. On the other hand, investors are jittery: shares are down about 17 % year-to-date, and profits and deliveries have just hit multi-quarter lows. The culprit? CEO...

As Microsoft Corporation (NASDAQ:MSFT) reels from sweeping layoffs affecting 9,100 employees, an Xbox executive's suggestion to use AI chatbots for emotional support has ignited fierce backlash online. What Happened: Last week, Matt Turnbull, a leader at Xbox Game Studios, posted on LinkedIn that...

President Donald Trump signed his sweeping tax and spending package into law on Friday after it narrowly passed both houses of Congress last week. The signing keeps his second-term agenda alive and sets the stage for big shifts in corporate taxes, consumer spending, and tech-sector investments....