Money

By Krystal Hur, CNN New York (CNN) — Nvidia joined an exclusive club on Friday morning when its market value topped $2 trillion, just days after the chipmaker reported gangbusters earnings that once again swept Wall Street into an artificial intelligence-induced fervor. But the chipmaker’s stock pared some of its gains later in the day,

By Samantha Delouya and Ramishah Maruf, CNN (CNN) — Uber driver Damián Reyes was on his second ride of the day in the early hours of Thursday morning when he noticed something strange happening to his AT&T phone. First, his streaming music stopped playing. He restarted his phone, but his ride-sharing app went “completely blank,”

By Chris Isidore, CNN New York (CNN) — The media industry continues to struggle as consumers cut the cord and advertisers pull back on their spending. Warner Bros. Discovery is no exception – and though it lost far less money in the final quarter of 2023 than in the same period a year earlier, its

By Sara Smart, CNN (CNN) — The Florida House of Representatives passed legislation that would prohibit anyone under 16 in the state from holding accounts with certain social media platforms. The bill now heads for Republican Governor Ron DeSantis’ desk. On Thursday, the House passed House Bill 1 in a vote of 108-7, according to online records. HB1, or Online Protections for Minors, would require some

By Peter Valdes-Dapena, CNN Laguna Beach, California (CNN) — There was a time when an electric Tesla pickup, something designed to go head-to-head against America’s most popular products, the Ford F-150 and Chevrolet Silverado, seemed just the thing to take Tesla truly mainstream. Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare metal

CNN By Peter Valdes-Dapena, CNN Laguna Beach, California (CNN) — There was a time when an electric Tesla pickup, something designed to go head-to-head against America’s most popular products, the Ford F-150 and Chevrolet Silverado, seemed just the thing to take Tesla truly mainstream. Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare

By Jeanne Sahadi, CNN New York (CNN) — Being a working parent seeking affordable, accessible and high-quality child care in the United States can be as tricky — but much less fun — than solving the Rubik’s cube. The good news: More employers have started to offer child care benefits. The bad news: They are

By Laura He, CNN Hong Kong (CNN) — Nvidia has named Huawei a top competitor in a number of areas, including in the crucial production of processors that power artificial intelligence (AI) systems. The Santa Clara-based company said Wednesday in its annual report that Huawei was a competitor in four out of five major categories of its business,

CNN Opinion by Bob Kolasky (CNN) — The news Thursday morning of the AT&T service outage — affecting tens of thousands, if not hundreds of thousands of customers — was yet another reminder of the importance of critical infrastructure resilience. Statements from the company do not point to any nefarious activity but the Federal Communications Commission is investigating,

By David Goldman and Caroll Alvarado, CNN (CNN) — Pharmacies across the United States are reporting that they are having difficulty getting prescriptions to patients because of a cyberattack on a unit of UnitedHealth. The company said in a regulatory filing Thursday its Change Healthcare business, which processes prescriptions to insurance for tens of thousands

By Oliver Darcy, CNN (CNN) — Vice Media will cease publishing to its website and lay off several hundred staffers as the beleaguered publisher makes “fundamental changes” to its “strategic vision” under its new private equity ownership, chief executive Bruce Dixon announced Thursday in a memo to staff. “This decision was not made lightly, and

By Brian Fung, Catherine Thorbecke and Clare Duffy, CNN (CNN) — Tens of thousands of Americans had trouble making phone calls, sending texts, reaching emergency services or even accessing the internet on Thursday because of a nearly 12-hour AT&T network outage. And at least one police department reported that its 911 line was briefly flooded

By Jennifer Korn, CNN (CNN) — Cybersecurity software company Avast faces a $16.5 million fine from the Federal Trade Commission after the agency filed a complaint Wednesday accusing the company of selling consumer data to third parties. The FTC says Avast, a firm that promises to protect consumer data from online tracking, has done the

By Oliver Darcy, CNN (CNN) — Timothy Burke, a former journalist, has been charged with 14 federal crimes over the alleged hack and leaking of a series of unflattering behind-the-scenes clips of Tucker Carlson, according to an indictment unsealed Thursday. In the grand jury indictment, Burke was charged with one count of conspiracy, six counts of accessing a

By Jennifer Korn, CNN (CNN) — Nvidia CEO Jensen Huang’s wealth saw a major boost on Thursday as the company he cofounded in 1993 surged in value. Now ranked by Bloomberg as the 21st richest person in the world, Huang expanded his wealth by as much as $8.5 billion on Thursday alone as his company’s

By Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates climbed for the third week in a row, inching closer to 7%. The 30-year fixed-rate mortgage averaged 6.90% in the week ending February 22, up from 6.77% the previous week, according to data from Freddie Mac released Thursday. A year ago, the average 30-year fixed-rate

By Catherine Thorbecke and Clare Duffy, CNN New York (CNN) — Google is pausing its artificial intelligence tool Gemini’s ability to generate images of people after it was blasted on social media for producing historically inaccurate images that largely showed people of color in place of White people. The embarrassing blunder shows how AI tools