A Samsung Galaxy S23 Ultra smartphone. SeongJoon Cho | Bloomberg via Getty Images Smartphones with displays capable of repairing themselves could start appearing on the market by 2028, according to analyst firm CCS Insight. In its roundup of top tech predictions for 2024 and beyond, CCS Insight said that it expects smartphone makers to begin … Read more
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters The buzzy generative artificial intelligence space is due something of a reality check next year, an analyst firm predicted Tuesday, pointing to fading hype around the technology, the rising costs needed to run it, and … Read more
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks — and choosing cash at a 5.5% return in money market and short-term Treasurys is a key protection strategy right now. “I’m not sure how … Read more
Amp, a live audio app that lets users DJ their own show, is seen on a smartphone. Amazon Amazon is shutting down its live audio service, called Amp, the company confirmed to CNBC. Amp allows users to host their own live show, where callers can join and request to speak. It launched in March 2022 … Read more
A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, in order to comply with new local regulations. The announcement comes after the Indonesian ministry of trade last week set a one-week deadline for TikTok … Read more
Campbell Brown. Getty Images Meta said Campbell Brown, the company’s top executive responsible for handling partnerships with news publishers, is leaving the company after seven years. The company said Tuesday that Brown, who was previously an anchor for NBC News and CNN, will become a consultant, stepping down from the position of vice president of … Read more
Andrew Bosworth, Chief Technology Officer of Facebook, speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images At Meta’s annual Connect conference this week focused on virtual reality and the metaverse, one word was on everyone’s lips: Apple. Meta CEO Mark Zuckerberg … Read more
TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
Drew Angerer | Getty Images News | Getty Images Meta has new artificial intelligence tools and celebrity-endorsed digital assistants that CEO Mark Zuckerberg hopes will help eventually help jumpstart the metaverse. Zuckerberg showed off the AI software as well as the company’s new Quest 3 virtual reality headset and latest Ray-Ban smart glasses on Wednesday … Read more