A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question of how long he’ll remain in prison, however, is one that Judge Lewis Kaplan will spend the next few months deliberating by himself. The no-nonsense 78-year-old judge is a veteran of the Southern District of
Technology
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Emma McIntyre | Getty Images Entertainment | Getty Images Jeff Bezos, who founded Amazon out of his Seattle garage in 1994, is leaving the city and moving to Miami to be near his parents and his space company Blue Origin. Bezos announced the decision in
In this article 9866-HK NIO Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric carmaker Nio plans to cut 10% of its workforce amid “fierce competition,” CEO William
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The former FTX CEO faces a maximum sentence of 115 years in prison. Bankman-Fried, the 31-year old son of two Stanford legal scholars and graduate of Massachusetts Institute of Technology, was convicted of wire fraud and conspiracy to commit wire fraud
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Images Amazon flooded its search results with irrelevant “defect” ads at the direction of Founder Jeff Bezos, pumping
In this article SEDG Follow your favorite stocksCREATE FREE ACCOUNT The SolarEdge logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Sipa USA via AP Images Shares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer’s soft guidance for its fourth quarter amid demand struggles
In this article INTC NVDA AMD Follow your favorite stocksCREATE FREE ACCOUNT Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), speaks during a launch event in San Francisco, California, U.S., on Wednesday, Aug. 7, 2019. David Paul Morris | Bloomberg | Getty Images AMD stock spiked more than 8% Wednesday,
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images AMD reported third-quarter earnings on Tuesday that beat analyst expectations, though the
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty Images Sam Bankman-Fried, who pleaded not guilty to criminal fraud charges tied to the collapse of his crypto empire, has one last chance to get a
general view of visitors are seen at Samsung booth during the chinajoy 2023 at Shanghai new expo center in Shanghai, China on July 28, 2023 (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images South Korea’s Samsung Electronics reported Tuesday quarterly operating profit that was better than expected despite dropping 77.6%
President Joe Biden speaks as he meets with AI experts and researchers at the Fairmont Hotel in San Francisco, Calif., on Tuesday, June 20, 2023. Jane Tyska | Medianews Group | Getty Images President Joe Biden unveiled a new executive order on artificial intelligence — the U.S. government’s first action of its kind — requiring
Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is launching its services in Hong Kong, the company told CNBC exclusively. It marks the latest push for the U.K.-headquartered firm into the Asia-Pacific region. Founded in 2020,
Members of Gen Z take .5 selfies. Courtesy of Duncan Grant, Rebecca Smith, Rachel Aquino and Gabriel Lesser. When 16-year-old Riley Galfi met an artist she loves at a concert back in May, she didn’t ask to take any ordinary selfie with him, she asked to take a .5 selfie. In a flash, Galfi flipped
In this article MSFT GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT In this illustration, a Google logo is displayed on a smartphone. Omar Marques | SOPA Images | Lightrocket | Getty Images If you Google your name, address or phone number, you might be surprised by the number of results you see with your
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Google agreed to invest up to $2 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI executives, CNBC has confirmed. The commitment involves a $500 million upfront cash infusion and an additional $1.5 billion to be invested
In this article AAPL GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai (L) and Apple CEO Tim Cook (R) listen as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. initial public offering at the Nasdaq MarketSite in New York, Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Intel stock jumped 10% in premarket trading on Friday morning after the company beat Wall
A poster of a Mate 60 mobile phone with satellite capabilities at Huawei’s flagship store in Shanghai, China, on Sept. 24, 2023. CFOTO | Future Publishing | Getty Images Huawei was the fastest-growing smartphone maker in China in the third quarter after the company released a smartphone with a surprisingly advanced chip inside. That growth
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Shares of Meta dipped more than 6% Thursday, a day after the company released strong third-quarter results but offered cautious comments about potential ad softness due to the ongoing Israel-Hamas war. Meta reported $34.15 billion in revenue for the quarter, up 23%, and the fastest
In this article META Follow your favorite stocksCREATE FREE ACCOUNT A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Meta may be banned from operating in China, but the company is finding plenty of growth coming from the world’s second-biggest economy.
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