Salesforce stock jumps 12% on AI growth and Anthropic investment gain
Salesforce's Anthropic stake led to higher profit in the latest quarter.
China industrial profits growth cools to slowest in seven months as economic slowdown deepens
China's industrial profits growth in July slowed to its weakest pace this year, as soft demand and a broader slowdown in the economy weighed on manufacturers.
Meta settles social media addiction case with California, other states for $16.7 billion
Meta and state attorneys general settled a federal trial centering on allegations that company misrepresented the extent of child-related mental health harms.
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
New products accounted for 30% of total bookings and Okta said it closed dozens of AI deals during the period
Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed threat to oust her
The Supreme Court in late June blocked Trump from firing Cook from the Federal Reserve, but left the president with a path to try again to remove her.
Japanese startups, IPOs set for boost with platform to trade unlisted companies
The Japanese regulator's registration of a new trading platform for unlisted shares could help create a more favorable capital-raising environment for the country's IPO ecosystem.
Z.ai shares surge 8% after releasing new AI model running only on Chinese chips
The Chinese AI company said it had already launched the model globally in stealth mode for a week.
Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated
The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.
Amazon service Bezos once called 'artificial artificial intelligence' is shutting down
Mechanical Turk launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers.
Salesforce, Anthropic expand partnership as Benioff responds to ‘SaaSpocalypse’ concerns
"We're delivering a dynamic interface that thinks, reasons, and acts," Salesforce CEO Marc Benioff said in a statement.
CrowdStrike jumps 11% on record second quarter as 'Mythos moment' drives AI cyber wave
CrowdStrike shares have surged 61% this year to new highs as the threat from frontier AI has fueled demand for advanced security tools.
Republicans are dismissing affordability. That could be a problem in November
President Donald Trump quipped that affordability was "devised" by Democrats, while Vice President JD Vance said groceries "cost what they cost."
Salesforce CEO Marc Benioff says the ‘SaaSpocalypse’ is nonsense. Here's why
Salesforce CEO Marc Benioff pushed back against “SaaSpocalypse” fears.
U.S. still watching allies for alignment of interests even amid defense pullback, analyst says
The U.S. may be asking allies to step up their own defense, but it still wants them to align on geopolitical interests.
CrowdStrike's quarter shows AI is a cybersecurity tailwind, not a threat
Earlier this year, the bears thought advances in AI models could disintermediate the cybersecurity sector. So far, they've been proven wrong.
The toy industry's latest craze is cheap, colorful and very squishy
Squishy toys are booming, with social media and low prices helping fuel the craze.
Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market
U.S. and Russia are competing to assert dominance in the world's third largest energy market.
Federal judge lifts final block on Trump mail-in voting order, clearing way for midterm restrictions
The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquely barcoded ballot envelopes.
OpenAI releases sweeping report on Hugging Face AI agent hack
The 37-page report walks through the actions that OpenAI's models took during a series of evaluations prior to and during the Hugging Face breach.
Anthropic and Nscale strike $45 billion cloud deal, sources say
Anthropic will rent around 460 megawatts of compute capacity at an Nscale data center development in West Virgina, according to sources.
Apple sets iPhone launch event for Sept. 9, first under new CEO John Ternus
Analysts expect the company to launch new iPhones and Apple Watches at the event, including the company's first folding phone
Economists want Warsh to share more on his view of the economy at Jackson Hole, says CNBC survey
Eighty percent of CNBC Fed Survey respondents say the Federal Reserve Chairman Warsh should provide more insight into his economic views.
Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause
Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create global risks.
Fed, NASA and DOJ among victims of Chinese state-sponsored hacker group: Court documents
Hackers targeted networks "operated by hospitals, telecommunications providers, power companies, financial institutions, and defense contractors," a filing said.