Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Artist: Claudia Johnson Much of the government’s case against Sam Bankman-Fried hinges on the testimony and text messages from those in his crypto inner circle who turned against him late last year after the implosion of FTX and
Technology
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla, speaks with CNBC on May 16, 2023. David A. Grogan | CNBC Tesla is set to report third-quarter results after the bell on Wednesday. Here’s what Wall Street is expecting, based on a survey of analysts by LSEG, formerly known
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google headquarters in Mountain View, California, on Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut dozens of jobs in its news division this week, CNBC has learned, downsizing at a particularly sensitive time for online platforms and publishers. An estimated 40
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, June 16, 2023. Chesnot | Getty Images X, formerly Twitter, will begin a test that charges new users $1 annually in order to “post & interact with other posts,”
Daniel de la Hoz It’s no secret that Generation Z grew up surrounded by technology, but the way these youngsters use certain features and gadgets may surprise you. Generation Z, commonly referred to as Gen Z or Zoomers, is made up of people born after 1997, according to the Pew Research Center. They have already
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of the Nvidia headquarters in Santa Clara, California, May 10, 2018. Justin Sullivan | Getty Images News | Getty Images The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence
Government exhibit in Sam Bankman-Fried’s criminal trial Source: SDNY In afternoon testimony on Monday, former FTX engineering chief Nishad Singh told a Manhattan jury about two one-on-one meetings he held with Sam Bankman-Fried last year to discuss the dire state of the crypto firm’s finances. Singh, who joined sister hedge fund Alameda Research in 2017
Meta founder and CEO Mark Zuckerberg 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 last month, virtual reality enthusiasts gathered to hear about Mark Zuckerberg’s multibillion-dollar bet on the metaverse, the technology that’s supposed to
Elon Musk killed off the Twitter logo on July 24, 2023, replacing the world-recognized blue bird with a white X as the tycoon accelerates his efforts to transform the floundering social media giant. Chris Delmas | AFP | Getty Images Australia’s eSafety commissioner on Sunday fined X, the social media platform formerly known as Twitter,
Thierry Breton, a former CEO of French IT consulting firm Atos, is seen as a key architect of the European Union’s digital reforms. Anadolu Agency | Getty Images Days after the Israel-Hamas war erupted last weekend, social media platforms like Meta, TikTok and X (formerly Twitter) received a stark warning from a top European regulator
NEW YORK, US – SEPTEMBER 17: Elon Musk arrives at the Turkish House to meet with Turkish President Recep Tayyip Erdogan ahead of the 78th session of the United Nations (UN) General Assembly in New York, United States on September 17, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency
In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul, Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Microsoft has closed its acquisition of video game publisher Activision Blizzard, according to a regulatory filing by the company on
Bymuratdeniz | E+ | Getty Images Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special purpose acquisition company Bridgetown Holdings. Bridgetown Holdings Limited is backed by Thiel Capital – PayPal co-founder Peter Thiel’s venture capital firm – and Pacific Century Group, a
Israeli soldiers on a tank are seen near the Israel-Gaza border. Ilia Yefimovich | Picture Alliance | Getty Images On Saturday, Dvir Ben-Aroya woke up expecting to go on his regular morning run. Instead, he was met with blaring alarms and missiles flying over Tel Aviv. Ben-Aroya, co-founder of Spike, a workplace collaboration platform with
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images In the fourth quarter of 2021, a Tesla employee and a tech industry researcher jointly filed a whistleblower complaint to the U.S. Securities and Exchange
The logo of generative AI chatbot ChatGPT, which is owned by Microsoft-backed company OpenAI. CFOTO | Future Publishing via Getty Images Artificial intelligence might be driving concerns over people’s job security — but a new wave of jobs are being created that focus solely on reviewing the inputs and outputs of next-generation AI models. Since
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives at federal court in Washington, D.C., on Oct. 2, 2023. Drew Angerer | Getty Images Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K
Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Images A majority of Europeans want government restrictions on artificial intelligence to mitigate the impacts of the technology on job security, according to a major
An Israeli soldier gestures in an armoured vehicle as they drive along a street near the northern town of Kiryat Shmona close to the border with Lebanon on October 10, 2023. Israeli forces on October 10 launched artillery fire at Lebanon after rocket fire towards Israel, the army said. Jalaa Marey | AFP | Getty
Customers experience Samsung’s new flagship fold-screen phone Galaxy Z Fold5 at a Samsung sales store in Hangzhou, East China’s Zhejiang province, Aug. 14, 2023. Costfoto | Nurphoto | Getty Images Samsung Electronics earnings are expected to plunge nearly 80% in the third quarter, according to analyst forecasts, as the company’s biggest profit-driving segment — semiconductors
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