Elon Musk, CEO of Tesla and X, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), in Rome, Dec. 15, 2023. Antonio Masiello | Getty Images The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get … Read more
UnitedHealth Group Inc. headquarters stands in Minnetonka, Minnesota, U.S. Mike Bradley | Bloomberg | Getty Images Change Healthcare’s systems are down for a fourth straight day after parent company UnitedHealth Group disclosed that a suspected cybersecurity threat actor gained access to part of its information technology network on Wednesday. UnitedHealth, the biggest health-care company in … Read more
A customer tries on the Apple Vision Pro headset during the product launch at an Apple Store in New York City on Feb. 2, 2024. Angela Weiss | Afp | Getty Images The Vision Pro, the new virtual reality headset from Apple, can transport you to Hawaii or the surface of the moon. It displays … Read more
Reddit disclosed 2023 revenue growth of 20% and said its core business relies on online advertising sales when it filed to go public on Thursday. But the social media company can attract more than advertisers. “This is an AI play,” Herb Greenberg, Editor of “Herb Greenberg | On the Street” on Substack, explained on CNBC’s … Read more
The $2 trillion club has a new member: Nvidia . The leading artificial intelligence chipmaker’s market capitalization briefly topped $2 trillion on Friday, becoming only the third U.S. company in history to do so; it closed the session worth $1.94 trillion. Fellow Club names Apple and Microsoft are the others. Apple became the first, in … Read more
Packages move along a conveyor belt at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, on Monday, Nov. 28, 2022. Stephanie Keith | Bloomberg | Getty Images Amazon will pay more than 700 migrant workers roughly $1.9 million to settle claims they suffered human rights abuses as a result of exploitative labor … Read more
Jensen Huang speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Nvidia briefly surpassed $2 trillion in market cap during intraday trading Friday as its stock continues to rally following the company’s rosy earnings report Wednesday. … Read more
Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines surged in premarket trading on Friday after the company’s successful first moon landing. Intuitive Machines’ cargo moon lander, “Odysseus,” became the first privately developed spacecraft to land on the lunar surface on Thursday â as well as … Read more
Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17. Justin Sullivan | Getty Images News | Getty Images Munich, GERMANY â Rapid developments in … Read more
A attendee walks past a banner with a Grab logo before a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021. Ore Huiying | Bloomberg | Getty Images SINGAPORE â Grab posted its first-ever profitable quarter, raking in $11 million in profit, the Southeast Asian ride-hailing giant said … Read more
