In a shocking turn of events, Ann Altman, sister of OpenAI CEO Sam Altman, lodged a lawsuit earlier this week making grave allegations of sexual abuse that allegedly occurred during their childhood. Filed in the U.S. District Court in the Eastern District of Missouri, the lawsuit claims that the abuse spanned from 1997 to 2006,
Enterprise
In an age where health and technology increasingly intertwine, the actions of companies like Hims & Hers Health reveal more than just business acumen; they illustrate the complex relationship between health care, government, and corporate interests. Recently confirmed by CNBC, Hims & Hers made headlines by donating $1 million to President-elect Donald Trump’s inauguration fund,
In a surprising turn of events that bridges the worlds of sports, technology, and politics, Dana White, the charismatic CEO of the Ultimate Fighting Championship (UFC), has been appointed to the board of Meta, the parent company of Facebook. This appointment comes just two weeks prior to the inauguration of President-elect Donald Trump, a long-time
The semiconductor industry, an essential backbone of modern technology, has recently experienced a remarkable rally, directly influenced by the strong financial performance of one of its key players, Foxconn. Known formally as Hon Hai Precision Industry, Foxconn’s announcement of unprecedented fourth-quarter revenues has set the stage for optimism within the tech sector, particularly in light
The cybersecurity sector mourns the untimely passing of Amit Yoran, Tenable’s chief executive, who died at the age of 54. Announced in a press release from Tenable, his death came as a shock to many, particularly because it occurred shortly after Yoran had gone on medical leave to address a battle with cancer. This robust
Microsoft has unveiled a staggering plan to allocate $80 billion in fiscal 2025 to construct data centers specifically designed to support artificial intelligence (AI) workloads. According to a recent blog post by Microsoft’s Vice Chair and President, Brad Smith, this investment will predominantly occur in the United States, exemplifying the nation’s commitment to leading the
Recent data highlights a troubling decline in the sales of foreign smartphone brands within China, the globe’s most expansive smartphone market. According to findings from the China Academy of Information and Communications Technology (CAICT), foreign mobile phone shipments plummeted to 3.04 million units in November, reflecting a staggering 47.4% drop compared to the prior month
As we step into a transformative decade for technology and commerce, CNBC is poised to unveil its thirteenth annual Disruptor 50 list in 2025. This prestigious roster highlights groundbreaking, venture-backed companies that are not just making waves, but are redefining the economic landscape through innovative solutions. The application window is open until February 10, 2025,
In a notable pivot to attract consumers amid fierce competition, Apple has announced discounts on its flagship iPhone models and other products for the approaching Chinese New Year. This decision reflects the tech titan’s need to adapt in a market that has become increasingly dynamic, particularly with the resurgence of rival brands like Huawei. For
The electric vehicle (EV) market has seen a tumultuous week, particularly for Tesla, the leading electric car manufacturer. Over the last few days, Tesla’s stock has exhibited wild fluctuations, creating a buzz in the financial world. As the week concludes, a deeper analysis of Tesla’s trading patterns, the impact of political ties, and internal challenges