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Microsoft ramps up AI game with bet on no-code startup Builder.ai

Sachin Dev Duggal, CEO, Builder.ai, April 19, 2023. Scott Mlyn | CNBC LONDON — Microsoft invested an undisclosed sum into Builder.ai, a startup that helps companies make applications without any coding experience, doubling down on its artificial intelligence efforts. Founded in 2017 and headquartered in London, Builder.ai falls into the …

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Twilio (TWLO) Q1 earnings report 2023

Jeff Lawson, CEO of Twilio. Scott Mlyn | CNBC Twilio shares fell as much as 14% in extended trading Tuesday after the developer of communications software issued a forecast for the second quarter that trailed analysts’ estimates. Here’s how the company did: Earnings: 47 cents per share, adjusted, versus 21 …

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Deepak Chopra on the ‘criteria’ a friend should meet

Wellness guru Deepak Chopra has long touted the benefits of social connection.  “Social and emotional engagement makes you a happier person, restores homeostasis, self-regulation in your body, and actually expands your network of relationships, so you can create a more meaningful, purposeful and successful life,” Chopra, who currently serves as …

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Rivian (RIVN) earnings Q1 2023

Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. related investing news Here’s how the company did as …

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Economist helps decide when recessions begin, end. Why that matters

Ja’crispy | Istock | Getty Images As the president of the National Bureau of Economic Research and a member on the Business Cycle Dating Committee, James Poterba helps determine when a recession officially starts and ends. Why is that important? What do those dates tell us? When the NBER was …

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IBM takes another shot at Watson as AI boom picks up steam

IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images It’s been a long time since IBM has actively touted Watson. Originally created to beat humans at the “Jeopardy!” game show, Watson …

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Palantir, Novavax, Under Armour and more

Check out the companies making headlines in midday trading. Palantir – Palantir shares popped nearly 20% after the software company beat first-quarter estimates and said it anticipates full-year profitability. CEO Alex Karp said that the company’s seeing strong demand for its new artificial intelligence platform. related investing news 3D Systems …

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FDA may allow birth control without prescription by summer

Opill Oral Contraception Source: Perrigo The Food and Drug Administration could approve the sale of birth control medication without a prescription for the first time by this summer. A committee of independent experts who advise the FDA is set to meet Tuesday and Wednesday to make a recommendation on whether …

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Wiz ascent to $10 billion valuation shows cloud security ‘still huge’

From left, Wiz employees Yaniv Shaked, Idan Gazit, Adi Leist Sharon, Guy Rozendorn, George Pisha, Eyal Wiener in Israel in March 2021. Wiz Over the past year, the tech landscape has been dominated by stories of downsizing due to rising interest rates, inflation and concerns about economic tumult. Even in …

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