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Sam Altman returns to OpenAI's board: Here's what to know
  + stars: | 2024-03-11 | by ( Steve Kovach | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Altman returns to OpenAI's board: Here's what to knowCNBC's Steve Kovach joins 'Squawk Box' with the latest news from OpenAI.
Persons: Sam Altman, Steve Kovach Locations: OpenAI
OpenAI announces 3 new board members including Sam Altman
  + stars: | 2024-03-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI announces 3 new board members including Sam AltmanCNBC's Steve Kovach joins 'Fast Money' to talk breaking news that Sam Altman will be returning to the OpenAI board of directors.
Persons: OpenAI, Sam Altman, Steve Kovach
OpenAI fires back at Elon Musk: Here's what you need to know
  + stars: | 2024-03-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI fires back at Elon Musk: Here's what you need to knowCNBC's Steve Kovach and Deirdre Bosa join 'The Exchange' to discuss the ongoing drama between Elon Musk and OpenAI.
Persons: Steve Kovach, Deirdre Bosa, Elon Musk Organizations: Elon Musk, Elon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple hit with a European Union antitrust fine of nearly $2 billionCNBC's Steve Kovach joins 'The Exchange' to report on what the EU's $2 billion fine against Apple means for tech regulation, reactions from 3rd party developers, and more.
Persons: Steve Kovach Organizations: European
EU regulators fining Apple €1.8 billion over Apple Music
  + stars: | 2024-03-04 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU regulators fining Apple €1.8 billion over Apple MusicCNBC's Steve Kovach joins 'Squawk Box' to report on the latest news from Apple.
Persons: Steve Kovach Organizations: Apple, Apple Music
Apple cancels plans to build an electric car
  + stars: | 2024-02-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple cancels plans to build an electric carCNBC's Steve Kovach joins 'Squawk Box' with the latest news from Apple.
Persons: Steve Kovach Organizations: Apple
EA to lay off 5% of workforce, or about 670 employees
  + stars: | 2024-02-28 | by ( Alex Koller | ) www.cnbc.com   time to read: +2 min
An Electronic Arts video game logo is seen at the Electronic Entertainment Expo. The company's announcement marks the latest headcount reduction among video game developers in recent months, continuing a broader trend of significant downsizing across the tech industry. On Tuesday, Sony said it would lay off about 900 employees in its PlayStation division, or 8% of its workforce. EA CEO Andrew Wilson wrote in a memo to employees on Wednesday that the video game company is "streamlining our company operations to deliver deeper, more connected experiences for fans everywhere." "We are continuing to optimize our global real estate footprint to best support our business," Wilson wrote in his Wednesday note.
Persons: Andrew Wilson, Wilson, , Steve Kovach Organizations: Arts, Electronic Entertainment, Electronic Arts, EA, U.S . Securities, Exchange Commission, Sony, PlayStation, Microsoft, Activision Blizzard, Riot Games, SEC, Apex, EA Sports FC, Madden NFL, CNBC PRO
On the ground in Moscow, Apple products including MacBooks, iPhones and iPads are available in stores, although prices may be higher than they were pre-invasion. Asked about Vision Pro sales in Russia, an Apple spokesperson told CNBC: "As you are aware, Apple Vision Pro is only available at Apple Retail stores in the US." Still, at a retail outlet "re:Store," (pronounced Ree-store) a former official Apple reseller offers Apple products for sale at shops in Moscow. The chain's website features a large photo of a user strapped into an Apple Vision Pro, and the iconic bitten Apple logo with text reading, "Vision Pro: The era of spatial computers has come. Apple Vision Pro is already on sale."
Persons: Kremlin . WASHINGTON —, Tim Cook, Romance768, Sergey Romantsev, Romantsev, Alexei Navalny, We're, CNBC's Steve Kovach Organizations: Apple, CNBC, Vision Pro, Apple Vision, Apple Retail, Vision, Kremlin, Russia, Pro, Meta, Russian Ministry of Industry, Trade, Sputnik, White Locations: Los Angeles , California, U.S, Moscow, London, Ukraine, Russia, United States, Kremlin . WASHINGTON, St . Petersburg, New York, Russian, Patriarshiye, York, Istanbul, American, Washington
Sam Altman's $7T chip dream ambition
  + stars: | 2024-02-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Altman's $7T chip dream ambitionCNBC's Deirdre Bosa joins 'Power Lunch' to report on Sam Altman's eye-popping chip dream. CNBC's Steve Kovach and Kristina Partsinevelos also participate in reporting on OpenAI custom chips and big Tech.
Persons: Sam Altman's, Deirdre Bosa, Steve Kovach, Kristina Partsinevelos Organizations: Tech
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Disney's big bet on video games means for Microsoft and AppleCNBC's Steve Kovach with Lightshed Partners' Brandon Ross, join 'Power Lunch' to discuss Disney's stake in Epic video games.
Persons: Steve Kovach, Brandon Ross Organizations: Microsoft, Apple, Lightshed Partners
Roblox reported results for the fiscal fourth quarter on Wednesday that beat consensus estimates on the top and bottom lines. Here's how the company did:Losses per share: 52 cents vs. 55 cents expected by analysts, according to LSEG, formerly Refinitiv. Revenue (bookings): $1.13 billion vs. $1.08 billion expected, according to LSEG. The revenue figure is what Roblox calls bookings, a category that includes sales recognized during the quarter and deferred revenue. The company provided guidance for 2024 and the first fiscal quarter.
Persons: Roblox, David Baszucki, Baszucki, CNBC's Steve Kovach Organizations: New York Stock Exchange, Revenue, & Locations: & Canada
Roblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and bottom lines. Here's how the company did:Losses per share: 52 cents vs. 55 cents expected by analysts, according to LSEG, formerly Refinitiv. Revenue (bookings): $1.13 billion vs. $1.08 billion expected, according to LSEG. The revenue figure is what Roblox calls bookings, a category that includes sales recognized during the quarter and deferred revenue. The company provided guidance for 2024 and the first fiscal quarter.
Persons: Roblox, David Baszucki, Baszucki, CNBC's Steve Kovach Organizations: New York Stock Exchange, Revenue, &, CNBC PRO Locations: & Canada
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNovartis acquiring cancer drug developer Morphosys for €2.7 billionCNBC's Steve Kovach joins 'Closing Bell Overtime' with breaking news out of the pharmaceutical space.
Persons: Steve Kovach Organizations: Novartis
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple Vision Pro goes on sale: CEO Tim Cook greets customers in NYCCNBC's Steve Kovach joins 'Squawk Box' with the latest news from Apple.
Persons: Tim Cook, Steve Kovach Organizations: Apple Vision, Apple
AI's influence on tech earnings: Here's what you need to know
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI's influence on tech earnings: Here's what you need to knowIna Fried, Axios chief technology correspondent, and CNBC's Steve Kovach join 'The Exchange' to discuss AI's influence on tech earnings, companies that benefit from AI, and more.
Persons: Ina Fried, Steve Kovach
Former Blizzard president Mike Ybarra said Thursday on social media platform X he would be leaving Microsoft and Blizzard. Activision Blizzard is the publisher and developer of several massive gaming franchises, including Call of Duty and Diablo. Microsoft's $69 billion acquisition of Activision Blizzard was the company's largest ever acquisition, more than double the size of its 2016 purchase of LinkedIn. Unlike the Microsoft layoffs, eBay and SAP saw a significant bump in their share prices following their announcements. Read the full memo below:It's been a little over three months since the Activision, Blizzard, and King teams joined Microsoft.
Persons: Phil Spencer, Mike Ybarra, Spencer, Activision Blizzard, Candy, It's, we'll, I'm, Phil CNBC's Steve Kovach Organizations: Microsoft, CNBC, Activision Blizzard, Former, Blizzard, Activision, LinkedIn, Tech, Games, eBay, SAP, King, Microsoft Gaming, Leadership Team, Xbox
Microsoft briefly surpasses $3 trillion in market cap
  + stars: | 2024-01-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft briefly surpasses $3 trillion in market capCNBC's Steve Kovach brings the latest report on Microsoft and the "Halftime Report" Investment Committee discuss the company's overtaking of Apple as the world's most valuable company.
Persons: Steve Kovach Organizations: Microsoft, Investment, Apple
Apple facing regulatory scrutiny: Here's what you need to know
  + stars: | 2024-01-22 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple facing regulatory scrutiny: Here's what you need to knowCNBC's Steve Kovach joins 'Squawk Box' with the latest news from Apple.
Persons: Steve Kovach Organizations: Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst look at Grand Theft Auto VI: Next installment launching in 2025CNBC's Steve Kovach joins 'Squawk Box' with a first look at latest installment in the the Grand Theft Auto franchise.
Persons: Steve Kovach Organizations: Theft Auto
Google delays launch of AI chatbot 'Gemini'
  + stars: | 2023-12-04 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle delays launch of AI chatbot 'Gemini'CNBC's Steve Kovach reports on the latest news from Google's AI push.
Persons: Steve Kovach
OpenAI shakeup drama: What you need to know
  + stars: | 2023-11-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI shakeup drama: What you need to knowSteve Sloane, partner at Menlo Ventures, and CNBC's Steve Kovach join 'The Exchange' to discuss whether Sam Altman will go to Microsoft or OpenAI, Anthropic's relationship with OpenAI, and more.
Persons: Steve Sloane, Steve Kovach, Sam Altman, OpenAI Organizations: Menlo Ventures, Microsoft
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft CEO Nadella: Very clear something has to change around OpenAI governanceCNBC's Steve Kovach joins 'Squawk Box' with the latest developments on the turmoil at OpenAI.
Persons: Steve Kovach Organizations: Microsoft Locations: OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe fallout from Elon Musk's post is causing an 'advertiser exodus'Wedbush analyst Dan Ives and Ina Fried, chief technology correspondent at Axios, and CNBC's Steve Kovach join 'Power Lunch' to discuss the backlash against Elon Musk's statements.
Persons: Dan Ives, Ina Fried, Steve Kovach, Elon Locations: Elon Musk's, Axios
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce will match compensation for OpenAI staffers, says CEO Marc BenioffCNBC's Steve Kovach joins 'Cloaing Bell' to report on Salesforce CEO announcement that the company will match compensation for OpenAI staffers.
Persons: Marc Benioff CNBC's Steve Kovach, Bell
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI might not exist anymore if board holdouts don't step down, says The Verge's Nilay PatelNilay Patel, The Verge editor-in-chief, joins CNBC's Steve Kovach and Jon Fortt for a Special Report surrounding the leadership turmoil at OpenAI, Microsoft's reaction, and more.
Persons: Nilay Patel Nilay Patel, Steve Kovach, Jon Fortt Locations: OpenAI
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