Day: August 12, 2025
We will ‘be ready’: After government rebuke, Resorts World Sentosa CEO discusses future of integrated resort
Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from […]
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Microsoft’s GitHub chief is leaving as competition ramps up in AI coding market
GitHub CEO Thomas Dohmke speaks at the VivaTech technology startup and innovation fair in Paris on June 12, 2025. Mustafa Yalcin | Anadolu | Getty Images Microsoft’s GitHub unit, which is facing a torrent of competition from AI-powered coding tools, is losing its leader, and the company isn’t immediately naming a successor. Thomas Dohmke, who […]
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Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk, the founder of xAI, on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of his AI chatbot app, Grok. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI […]
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CNBC Daily Open: Investors seem conditioned to expect Trump reversals
US President Donald Trump speaks during a news conference to discuss crime in Washington, DC, in the Brady Press Briefing Room at the White House in Washington, DC, on August 11, 2025. Jim Watson | AFP | Getty Images The heaviest of U.S. President Donald Trump’s “reciprocal” tariffs — a full 145% on imports of […]
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