Sam Altman, CEO of OpenAI, at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David A. Grogan | CNBC Sam Altman, the controversial CEO of OpenAI, has a stake in social media company Reddit that’s worth over $1 billion as of post-market trading on Tuesday. Altman controls roughly … Read more
Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley. On Tuesday, Porat’s successor, Anat Ashkenazi, made her earnings … Read more
DENVER — Voting system passwords were mistakenly put on the Colorado Secretary of State’s public-facing website before being spotted and taken down, but the lapse did not pose an immediate threat to the upcoming election, said state election officials Tuesday. The passwords were one of two unique passwords needed to access Colorado’s voting systems, and … Read more
Keith Gill, the stock influencer known as Roaring Kitty, has dissolved his entire stake in pet products retailer Chewy, a filing with the Securities and Exchange Commission showed Tuesday. Chewy’s shares fell nearly 2% in extended trading. Known for his cryptic posts, Gill uses platforms like YouTube and Reddit to disclose his trading positions. In July, … Read more
Trump Media & Technology Group is now valued at over $10 billion after its shares more than quadrupled since late September. Meanwhile, X Holdings is valued at around $9.4 billion, based on the most recent value the investment group Fidelity assigned to its stake in the company formerly known as Twitter. The stock of Trump … Read more
China launches a new crew to its orbiting space station as it seeks a major role in space exploration Source link
SAN FRANCISCO — Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire. The latest evidence of Google’s prosperity emerged Tuesday with the release of its corporate parent Alphabet Inc.’s results for the July-September period. Both Alphabet’s profit and revenue increased … Read more
JIUQUAN, China — China declared a “complete success” after it launched a new three-person crew to its orbiting space station early Wednesday as the country seeks to expand its exploration of outer space with missions to the moon and beyond. The Shenzhou-19 spaceship carrying the trio blasted off from the Jiuquan Satellite Launch Center in … Read more
NEW ORLEANS — A federal agency was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options, a sharply divided federal appeals court has ruled. The case involved a post made on what was then known as Twitter during United … Read more
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images Reddit shares jumped 22% in extended trading Tuesday, … Read more