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FTX founder Sam Bankman-Fried faces a maximum possible sentence of 110 years in prison under federal sentencing guidelines for the massive fraud conspiracy that led to the collapse of his cryptocurrency exchange and a related hedge fund, a judge ruled Thursday. Judge Lewis Kaplan increased the sentencing guidelines range for Bankman-Fried after finding that he

In this article TSLA ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT A BYD Co. Atto 3 electric sport utility vehicle (SUV) on day two of the Geneva International Motor Show in Geneva, Switzerland, on Tuesday, Feb. 27, 2024.  Bloomberg | Bloomberg | Getty Images China-made electric vehicles will make up more than a quarter of

In this article COIN BTC.CB= Follow your favorite stocksCREATE FREE ACCOUNT A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic | Reuters The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase on Wednesday, as a

In this article ZE594-CN TSLA Follow your favorite stocksCREATE FREE ACCOUNT In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world’s largest EV market, Tesla has been losing ground to domestic automakers who are increasingly building better cars at

The Microsoft logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024.  Charlie Perez | Nurphoto | Getty Images Microsoft said Monday it has selected company veteran Pavan Davuluri to lead its Windows operating system and Surface devices teams. Davuluri, who joined Microsoft in 2001 and has been corporate

In this article MASI Follow your favorite stocksCREATE FREE ACCOUNT Joe Kiani, CEO, Masimo Scott Mlyn | CNBC Health-tech company Masimo, best known for its successful patent litigation over the Apple Watch, is facing a proxy fight for the second time in two years — from the same activist investor who now sits on the

AUSTIN — There is a sort of clubhouse for Austin’s bitcoin believers on the second floor of the Littlefield Building at the corner of Congress Avenue and Sixth Street. The hideaway is at the crossroads of two worlds — the majestic thoroughfare that leads to the Texas State Capitol and the iconic, albeit notorious, stretch

Vodafone announced plans to cut 11,000 jobs as part of a turnaround plan from the company’s newly-appointed CEO Margherita Della Valle. Paul Hanna | Bloomberg | Getty Images The U.K.’s Competition and Markets Authority on Friday said Vodafone’s proposed merger with rival CK Hutchison will face an in-depth probe, unless the two mobile operators provide

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multi-year process involving hundreds

In this article GS MS Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO bankers may finally have a reason to break out the champagne after an extended

Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI. One country that’s being left out: Saudi Arabia. As bankers line up a group of potential new Anthropic backers, the company has ruled out taking money from the Saudis, according to

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The Justice Department’s top antitrust official said Friday that Apple shareholders should encourage the company to “compete on the merits,” one day after the government sued the iPhone maker over allegedly anticompetitive practices. “Competition on the merits is good for everybody,” Jonathan Kanter, assistant attorney

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens during a program at the Asia-Pacific Economic Cooperation Leaders’ Week at Apple Park in San Francisco on Nov. 17, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is

The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride One of the first EV charging stations of scale for freight trucks is opening near the major ports of Los Angeles and Long Beach, California, as the trucking market

The Neuralink logo is displayed on a smartphone with Neuralink visible in the background in this photo illustration in Brussels, Belgium, on January 30, 2024. Jonathan Raa | Nurphoto | Getty Images Elon Musk’s startup Neuralink streamed a live video on Wednesday that showed a patient using the company’s brain implant to move a mouse

In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Charles J. Meyers, president and CEO of Equinix, poses in his office in Redwood City, Calif., Dec. 18, 2018. Nhat V. Meyer | Bay Digital First Media | The Mercury News via Getty Images Hindenburg Research on Wednesday took aim at Equinix, the $80 billion

In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer. “This will cost $30 to $40 thousand dollars,” Huang said, holding up the Blackwell chip. “We had to invent some new

Artificial Intelligence: the new technology that has taken the sector by storm.  Just_super | E+ | Getty Images The European Union’s parliament on Wednesday endorsed the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. The EU brokered provisional political consensus in early December,

In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, founder and former CEO of Oracle Inc. watches a training race from a motor boat ahead of the America’s Cup World Series sailing competition on the Great Sound in Hamilton, Bermuda, October 16, 2015. Mike Segar | Reuters Oracle founder Larry Ellison notched

In this photo illustration an Airbnb logo is displayed on a smartphone on January 26, 2024 in Unspecified, United Kingdom. John Keeble | Getty Images Airbnb announced it will ban the use of indoor security cameras in any property listed on its site, and bring in new restrictions on outdoor cameras and noise monitoring devices.

Elon Musk, chief executive officer of Tesla Inc., speaks at the Atreju convention in Rome, Italy, on Saturday, Dec. 16, 2023. The annual event, organized by Giorgia Meloni’s Brothers of Italy party, began in 1998 as a convention for right-wing youths and has evolved into a political kermesse, including ministers and members of the opposition.