Why widespread tech layoffs keep happening despite a strong U.S. economy::The number of tech sector layoffs in 2024 has been outpacing the number of terminations in 2023.
Reddit is a ‘smaller, more volatile’ Twitter, says Big Technology’s Alex Kantrowitz::Alex Kantrowitz, Big Technology founder, joins ‘Squawk Box’ to discuss Reddit’s decision to go public, the company’s journey to IPO, Sam Altman’s stake in the company, and more.
“Iranian material support such as drones has kept Putin fighting in Ukraine for much longer than expected. Ballistic missiles will keep him in that fight for longer now,” one analyst told CNBC....
Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock Exchange under the ticker symbol “RDDT.”...
Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business::Walmart touted the ability to grow its ad business through a Vizio TV platform that allows users to watch free ad-supported content.
The West is suffering a “colossal failure of imagination” in thinking Russia’s war in Ukraine will not hit them next, defense policymakers heard at Munich Security Conference....
Microsoft, Google, Amazon and tech peers sign pact to combat election-related misinformation::A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation heading into the 2024 elections.
Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company::The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales
Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messages::Aware uses AI to analyze companies’ employee messages across Slack, Microsoft Teams, Zoom and other communications services.