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Tag Archives: CNBC
Ether and trading stocks take the crypto spotlight as Congress passes historic stablecoin bill
Ether ETFs are also on pace for a record setting week.
Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth
“Europe is heading down the wrong path on AI,” global affairs chief Joel Kaplan wrote in a post on LinkedIn Friday.
Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion
Neuralink labeled itself in April as a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration.
Defense manufacturing startup Hadrian closes $260 million funding round led by Peter Thiel’s Founders Fund
Defense startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel’s Founders Fund and Lux Capital.
Amazon cuts some jobs in cloud computing unit as layoffs continue
Amazon has continued to lay off groups of employees this year eliminating more than 27,000 roles since 2022.
Taiwan Semi is speeding up U.S. chip production due to demand, CEO says
TSMC still faces looming uncertainty after U.S. President Donald Trump threatened steep tariffs on Taiwan.
Elon Musk gets more time to respond to SEC suit over Twitter disclosure
Musk now has until Aug. 29, an additional six weeks, to answer the SEC’s complaint.
Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company
Uber, Lucid and autonomous vehicle startup Nuro are joining forces to deploy more than 20,000 robotaxis as demand for driverless cars kicks into high gear.
Crypto theft is booming as criminals increasingly turn to physical attacks
It comes as there have been multiple headlines this year about crypto entrepreneurs and their relatives being targeted with physical violence.
Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model
DeFi Development is vying to be the MicroStrategy of Solana.