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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpen vs. closed source: Stability AI CEO weighs in on A.I. debateStability.ai Founder Emad Mostaque, along with CNBC's Steve Kovach and Deirdre Bosa, joins 'The Exchange' to discuss open versus closed source data sets for A.I. modeling, the copyright questions behind A.I. image creation, and transparency in A.I.
Tim Cook, chief executive officer of Apple Inc., smiles as he greets customers during the opening of the new Apple BKC store in Mumbai, India, on Tuesday, April 18, 2023. Apple doesn't have plans for big layoffs, CEO Tim Cook told CNBC while discussing the company's earnings on Thursday, in a stark contrast from Big Tech peers like Alphabet , Meta , Microsoft and Amazon , which have cut thousands of employees this year. "I view that as a last resort and, so, mass layoffs is not something that we're talking about at this moment," Cook told CNBC's Steve Kovach. Apple slowed hired during the pandemic more so than many of its rivals. Correction: Apple reported $95 billion in total revenue after the bell on Thursday.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's retail, advertising, and AWS segments will rise in profitability, says Roth MKM's KulkarniRohit Kulkarni, Roth MKM managing director, and CNBC's Steve Kovach join 'Power Lunch' to discuss Amazon's recent quarterly report, the stock's performance, and more Big Tech earnings.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech's big week: Key earnings themes from Amazon, Meta, Microsoft and AlphabetCNBC's Steve Kovach joins 'Halftime Report' to recap on this week's big tech earnings, highlighting conflicts around cloud revenue and optimism about A.I..
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Fed report outlines how weakness in regulation and supervision led to the SVB collapseCNBC's Steve Kovach joins 'Halftime Report' to discuss a recently released Fed report that outlines the mismanagement behind Silicon Valley Bank's failure, and the Fed's call for additional regulation.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOngoing deceleration in IT spending is not reflected in tech earnings, says Jefferies' Brent ThillClockwise Capital's James Cakmak, Jefferies' Brent Thill, and CNBC's Steve Kovach join 'The Exchange' to discuss major themes in Big Tech earnings, a deceleration in IT spending, and the focus on A.I., cloud, and Digital Advertising.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAzure AI was the most interesting part of Microsoft's earnings report: RSE Ventures CEO HigginsMatt Higgins, co-founder and CEO of RSE Ventures, and CNBC's Steve Kovach join 'Squawk Box' to discuss Big Tech's bet on A.I.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft can earn higher return on cash in bank than in Activision deal, says Oppenheimer's HoranTim Horan, Oppenheimer, and CNBC's Steve Kovach join 'Power Lunch' to discuss if the UK's competition authority actually helped Microsoft, why Microsoft's shares are up today and what this ruling means for other companies considering acquisition.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK regulator blocks Microsoft’s $69 billion acquisition of Activision BlizzardCNBC's Steve Kovach joins 'Squawk Box' to report on the latest news.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers don't know where A.I. chatbots get their data from, says Washington Post's Nitasha TikuNitasha Tiku, Washington Post tech culture reporter, and CNBC's Steve Kovach join 'Power Lunch' to discuss the rapid trajectory of artificial intelligence and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. is allowing a more creative part of human nature to kick in: Builder.ai CEOSachin Dev Duggal, founder and CEO of Builder.ai, and CNBC's Steve Kovach join 'The Exchange' to discuss the startup Builder.ai, the state of text-based app development, and the impact A.I. will have on employment.
Prime Minister Narendra Modi launches slew of infrastructure projects from MMRDA Grounds, at Bandra-Kurla Complex, Bandra (East) on Jan. 19, 2023 in Mumbai, India. After opening a flagship store in Mumbai, CEO Tim Cook will travel to New Delhi to meet with Indian Prime Minister Narendra Modi on Wednesday. Apple's growth in India is widely seen as a success story by Modi and Indian officials. Flipkart and Amazon are dueling for the top spot in India's e-commerce market, and both face competition from newcomer Meesho. — CNBC's Steve Kovach contributed to this reportWATCH: Tim Cook visits India to open first Apple retail store
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon releases BedRock to help businesses build their own A.I. toolsCNBC's Steve Kovach joins 'The Exchange' to report on Amazon CEO's message to investors.
PC demand falls dramatically in Q1 2023
  + stars: | 2023-04-10 | 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 EmailPC demand falls dramatically in Q1 2023CNBC's Steve Kovach and Kristina Partsinevelos report on demand fears from top technology producers.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's esteemed reputation brings a competitive edge to its VR rollout, says GQ's Zach BaronZach Baron, senior staff writer at GQ, and CNBC's Steve Kovach join 'The Exchange' to discuss Tim Cook's future career plans, the Apple VR headset, and Apple's creative reputation.
High-profile tech and media executives shared their experiences of working in and competing with China with lawmakers who visited California this week. Over the three-day trip that kicked off on Wednesday, lawmakers were scheduled to meet with Disney CEO Bob Iger and Apple CEO Tim Cook, as well as high-level executives from Google , Microsoft , Palantir and Scale AI. The trip highlights the key role tech and media industries play in America's increasingly complex relationship with China. In Hollywood, the group of lawmakers from the select committee learned about a range of topics related to competition with China. The group was also slated to meet with venture capitalists on Thursday, including Andreessen Horowitz, Khosla Ventures and SV Angel.
U.S. lawmakers meet with Big Tech leaders on China threats
  + stars: | 2023-04-06 | 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 EmailU.S. lawmakers meet with Big Tech leaders on China threatsCNBC's Steve Kovach reports on what to expect from a meeting between Big Tech and U.S. lawmakers.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple CEO Tim Cook visits Beijing amid rising U.S.-China tensionsCNBC's Steve Kovach joins 'Closing Bell' to report on Apple CEO Tim Cook's first known visit to Beijing since the pandemic.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan responds to ruling that Epstein cases against it can go forwardCNBC's Steve Kovach reports on JPMorgan's response to a court ruling that Epstein cases against it can proceed.
Here's why Apple has been able to avoid layoffs
  + stars: | 2023-03-20 | 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 EmailHere's why Apple has been able to avoid layoffsCNBC's Steve Kovach and Annie Palmer join 'Power Lunch' to discuss the layoffs in big tech companies and why Apple has avoided job cuts so far.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSilvergate pops on report it's in talks with the FDIC to save the bankCNBC's Steve Kovach joins 'Fast Money' to report that Silvergate has popped on a report that it's in talks with the FDIC on how they can save the bank.
Meta announces big price cuts for VR headsets
  + stars: | 2023-03-03 | 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 EmailMeta announces big price cuts for VR headsetsCNBC's Steve Kovach joins Eamon Javers and the 'CNBC Special: Taking Stock' to report on big price cuts for Meta VR headsets.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mizuho's Greg Moskowitz and CNBC's Steve KovachMizuho's Greg Moskowitz and CNBC's Steve Kovach join 'Power Lunch' to discuss Salesforce's earnings results and whether the company's successful quarter will keep activist investors at bay.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNobody was expecting a 27% margin guide from Salesforce, says Mizuho's Greg MoskowitzMizuho's Greg Moskowitz and CNBC's Steve Kovach join 'Power Lunch' to discuss Salesforce's earnings results and whether the company's successful quarter will keep activist investors at bay.
HP and Dell both beat on EPS; Dell CFO set to retire
  + stars: | 2023-03-02 | 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 EmailHP and Dell both beat on EPS; Dell CFO set to retireCNBC's Steve Kovach joins 'Closing Bell: Overtime' to report on HP and Dell earnings.
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