Tag Archives: CNBC

Tether reveals USAT stablecoin, appoints Bo Hines, former White House advisor, to lead U.S. business

Tether has revealed its domestic stablecoin, USAT, and named former White House advisor Bo Hines CEO of its U.S. business.

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Apple iPhone Air’s China release delayed

Wireless carriers in China must obtain regulatory approval before they can sell devices with an eSIM, the company said.

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Nvidia and OpenAI to back major investment in UK AI infrastructure

The U.K., like other countries, is courting major U.S. AI players in a bid to boost its own national infrastructure.

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Apple, Google and Meta are trying to perfect a science-fiction gadget: The universal translator

Apple, Google and Meta are capitalizing on advancements in AI to bring new translation features to their latest hardware devices.

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Microsoft sidesteps hefty EU fine with Teams unbundling deal

The European Commission last year accused Microsoft of breaching competition rules with the “abusive” bundling of its Teams and Office products.

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Nvidia-supplier SK Hynix readies next-gen memory chips, staying ahead of competition

SK Hynix shares soared Friday as chipmaker announced it was ready to the mass produce its next-generation high-bandwidth memory chips.

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Klarna IPO and ASML’s Mistral bet revive Europe’s tech dreams

For years, investors have been talking up Europe’s potential to build valuable tech firms. Those dreams could finally be moving closer to reality.

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Winklevoss-founded Gemini reportedly prices IPO at $28 per share, valuing the crypto exchange at $3.3 billion

Gemini Space Station, the operator of the cryptocurrency exchange founded by the Winklevoss brothers, has seen strong demand for its offering.

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OpenAI says nonprofit parent will own equity stake in company of over $100 billion

OpenAI said that its nonprofit parent will continue to oversee the company and have a very large stake in its future.

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‘We will do better.’ Microsoft CEO Nadella admits company has to rebuild trust with employees

Microsoft CEO Satya Nadella told employees on Thursday that the company has work to do to smooth relations with employees after layoffs.

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