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Technology

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Tech backlash fever itch as AI angst collides with social media fears

TazaPulseAugust 29, 2026

A woman holds signs during a nationwide protest against AI data center expansion outside Peace Hall in New Port Richey, Florida on July 18, 2026. Thomas Simonetti | AFP | Getty Images Silicon Valley’s technology leaders have long dreamed of making the world a better place. But now more than ever, Americans say they’re living...

Big Tech’s AI spending is putting a longtime strengths to the test

TazaPulseAugust 28, 2026

The artificial intelligence spending boom is testing one of Big Tech’s greatest strengths: pristine balance sheets. Club holdings Meta Platforms , Amazon , Alphabet and Microsoft entered the AI race as some of the world’s healthiest companies and most desirable borrowers, armed with enormous cash on hand and little debt relative to their equity, known...

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Affirm stock surges, CEO says gas prices are hitting U.S. shoppers

TazaPulseAugust 28, 2026

Affirm Holdings stock popped 7% on Friday after the buy now, pay later firm reported strong fiscal fourth-quarter earnings and CEO Max Levchin said high gas prices are weighing on shoppers. “The U.S. consumer undoubtedly sees the higher gas prices, so can’t, can’t ignore that,” Levchin told CNBC’s “Squawk Box.” “They’re also coming to us...

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GTA 6 preview signals blockbuster demand, analysts say

TazaPulseAugust 28, 2026

GTA VI website displayed on a screen and PlayStation DualSense controller are seen in this illustration photo taken in Krakow, Poland on July 1, 2026. Nurphoto | Nurphoto | Getty Images Streaming platforms struggled to handle huge demand for the first official preview of the upcoming Grand Theft Auto 6 on Thursday, sending shares of...

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5 things to know before the stock market opens Friday

TazaPulseAugust 28, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. President Donald Trump on Thursday signed an order that he said will rename Lake Ontario to “Lake America,” prompting some déjà vu to last year’s “Gulf of America” push. Stock futures are mixed this morning following a winning day on...

Technology

BlackBerry lost the phone war. Now it’s betting on cars and robots

TazaPulseAugust 28, 2026

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Who remembers the phrase “BBM me?” In its heyday, BlackBerry was one of the biggest phone makers in the world. BlackBerry Messenger (BBM) was the instant messaging service that became a fixture of early smartphone culture. But while,...

Technology

Marvell stock tumbles 8% as outlook underwhelms despite Google deal

TazaPulseAugust 28, 2026

An aerial view of Marvell Headquarters in Santa Clara, California, United States on June 2, 2026. Tayfun Coskun | Anadolu | Getty Images Marvell Technology shares fell 8% in premarket trading despite a second-quarter revenue beat, as its raised fiscal 2028 outlook failed to meet investors’ elevated expectations. The chipmaker said it now expects revenue...

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OpenAI rolls out ads on select ChatGPT plans in India to support wider access

TazaPulseAugust 28, 2026

OpenAI CEO Sam Altman addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. Bhawika Chhabra | Reuters OpenAI has rolled out ads on ChatGPT for select plans in India, one of its largest and most active markets, as the artificial intelligence company looks to maximize its revenue ahead of...

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Judge blocks Pentagon blacklist of Anthropic as supply chain risk

TazaPulseAugust 28, 2026

Dario Amodei, co-founder and chief executive officer of Anthropic, during an interview on “The Circuit with Emily Chang” at Anthropic’s headquarters in San Francisco, California, US, on Thursday, April 30, 2026. Jason Henry | Bloomberg | Getty Images A federal judge in California on Thursday ruled that the Pentagon’s effort to blacklist Anthropic earlier this...

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DeepSeek founder’s quant fund piles into China tech IPOs

TazaPulseAugust 28, 2026

Liang Wenfeng, founder of startup DeepSeek, delivers the keynote speech during the 10th China Private Equity Golden Bull Awards on August 30, 2019 in Shanghai, China. Vcg | Visual China Group | Getty Images DeepSeek, the lab that put Chinese artificial intelligence on the map last January, has long been financed by High-Flyer Quant, its...