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Tag Archives: CNBC
Samsung launches three new foldable smartphones as it fends off Chinese rivals
Samsung on Wednesday launched three new folding smartphones in total, including two thinner top-end devices and a cheaper version of its flip phone.
Nvidia hits $4 trillion market cap, first company to do so
Nvidia topped a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative AI boom.
BNY Mellon will have custody of Ripple’s new stablecoin as institutional interest in crypto swells
BNY Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies jointly announced Wednesday.
Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand
Super Micro CEO Charles Liang told CNBC the company has a plan to increase investment in Europe.
Two charged in $650 million global crypto scam that promised 300% returns
From 2019 to 2023, Sims and Reynoso allegedly lured thousands of victims worldwide to purchase “investment packages” from OmegaPro using cryptocurrency.
Elon Musk’s Grok AI chatbot is posting antisemitic comments
Elon Musk’s Grok chatbot on Tuesday praised Adolf Hitler and made other antisemitic comments on Tuesday.
Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares
Bezos’ latest stock sale comes shortly after his $50 million high-profile wedding to Lauren Sanchez in Venice with a star-studded list of celebrity guests.
Apple says COO Jeff Williams will retire from company later this year
Apple said Jeff Williams, the company’s COO, will take on a new role overseeing the company’s design team along with the Apple Watch and health initiatives.
Elon Musk lashes out at Tesla bull Dan Ives over board proposals: ‘Shut up’
Dan Ives, an analyst and longtime fan of Tesla, was scolded by Elon Musk on Tuesday after posting three steps he said the company’s board should take.
Waymo offers teen accounts for driverless rides
Waymo announced Tuesday it is now offering accounts for teens ages 14 to 17, starting in Phoenix.