Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI…
Category: Economy
Why X’s new terms of service are driving some users to leave Elon Musk’s platform
Elon Musk's X implemented new terms of service that are driving some users off the microblogging platform. ...
‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis
CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000…
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other…
Bluesky CEO Jay Graber says X rival is ‘billionaire proof’
Bluesky CEO Jay Graber told CNBC that the social media app's open design could thwart potential acquisition efforts. ...
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
President-elect Donald Trump has not announced his pick, but the expectation is that the next chair will be friendlier to…
Trump AG pick Matt Gaetz says he’s withdrawing
Matt Gaetz said he is withdrawing his name from consideration as President-elect Donald Trump's pick for U.S. attorney general. ...
Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year…
What Trump’s return to the White House could mean for global bond yields
It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen…