Tag Archives: CNBC

Musk’s X refuses to hand over data in ‘politically-motivated’ French investigation

Elon Musk’s X on Monday denied allegations made by French authorities as part of a criminal investigation into alleged data tampering and fraud.

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U.S. firms scramble to secure rare-earth magnets — imports from China surge 660%

China’s exports of rare-earth magnets to the United States in June surged more than six times from May levels, following successful Sino-U.S. trade talks.

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How Huawei ascended from telecoms to China’s ‘jack of all trades’ AI leader

Despite being hindered by years of U.S. trade restrictions, Huawei has quietly emerged as one of the fiercest competitors across the entire AI landscape.

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Astronomer CEO Andy Byron resigns after viral Coldplay kiss-cam controversy

The CEO’s resignation comes one day after the company said it had placed Byron on leave.

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Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

It comes as part of a pre-planned arrangement on the heels of surging AI demand

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Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE

Bullish, the cryptocurrency exchange that counts Peter Thiel as an investor, is going public under the ticker symbol “BLSH.”

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Microsoft stops relying on Chinese engineers for Pentagon cloud support

The change follows a ProPublica report that outlined how Microsoft’s use of Chinese engineers left U.S. defense clients vulnerable to cybersecurity risks.

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Block shares soar 10% on entry into S&P 500

Block is joining the S&P 500, replacing Hess as of July 23.

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The investor behind Opendoor’s 190% run nearly shut down his fund

Eric Jackson has been posting obsessively about Opendoor as part of an effort to spark a rally in shares of the online real estate service.

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Astronomer board investigating CEO Andy Byron after viral Coldplay kiss cam video

Astronomer said its board has launched a “formal investigation” after CEO Andy Byron was caught on video with the company’s HR chief at a Coldplay concert.

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