Fernando Gutierrez-Juarez | Picture Alliance | Getty Images Bitcoin rose on Friday after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater following their worst day since 2020. The price of the flagship cryptocurrency rose more than 2% to $83,959.19, according to Coin Metrics. Earlier, it rose as much as $84,717.51. Most […]
Tech stocks sink after Trump tariff rollout; Apple leads drop
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]
Eric Trump moved to crypto after family became ‘most canceled company’
Eric Trump says his family was “the most canceled company, probably on Earth.” That was then. With his dad, President Donald Trump, back in the White House, he sees a new money-making opportunity. “It actually is what drove us toward cryptocurrency,” the president’s middle son told CNBC, referring to the Trump family’s latest business endeavors. […]
CoreWeave shares rip 30% higher, rising above IPO price
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company’s Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images CoreWeave shares rallied more than 30% […]
Takes on rivals OpenAI, Anthropic
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic […]
In DNA sale, delete calls, a new market panic born
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images DNA testing has become a valuable tool for hobbyists and novice genealogists. For some, learning they are the 10th cousin of Paul Revere or the 15th great nephew four times removed of the last […]
Elon Musk says xAI has acquired X, in deal valuing X at $33 billion
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion. “xAI and X’s futures are intertwined,” Musk, the world’s richest person, wrote in a post on X. “Today, […]
Intel announces three board members will retire following CEO shake-up
A sign is posted in front of Intel headquarters in Santa Clara, California, on Aug. 1, 2024. Justin Sullivan | Getty Images News | Getty Images Three members of Intel’s board of directors will not stand for reelection in May, the company said in a filing on Thursday. Omar Ishrak, former CEO of Medtronic; Risa Lavizzo-Mourey, […]
Robinhood CEO likes Amazon Prime model, sees loyalty opportunity
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite. Subscribers to Robinhood Gold pay $5 a month or $50 a year for perks like 4% interest on uninvested cash, access to professional […]
OpenAI expects revenue will triple to $12.7 billion this year: source
OpenAI CEO Sam Altman speaks at a panel discussion on potentials, perspectives and challenges in the age of Artificial Intelligence (AI) at the Technical University (TU) in Berlin on February 7, 2025. John Macdougall | Afp | Getty Images OpenAI expects revenue will triple to $12.7 billion in 2025, CNBC has confirmed. Bloomberg was first […]