Binance Holdings, the world’s largest cryptocurrency exchange, named a new co-CEO in a major shake-up after its former head, Changpeng Zhao, received a presidential pardon.
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Meet Binance’s new co-CEO Yi He: The mysterious and omnipresent ‘life partner’ of CZ
Technology
How $160 million worth of export-controlled Nvidia chips were allegedly smuggled into China
On Dec. 8, Federal prosecutors in Texas unsealed documents that revealed an investigation into a massive smuggling network that stretched across the U.S. and the world. Dubbed “Operation Gatekeeper” by the feds, the investigation wasn’t focused on drug smuggling or stolen goods but rather an alleged secret, underground network of suppliers for Nvidia‘s graphic processing […]
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Technology
5 themes that defined business and markets in 2025: Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday and New Year’s Eve. I’ve decided that there are three main groups of holiday observers this year: Those going to parties or watching the Times Square ball drop at home; those doing late-night workout classes or races; and those going […]
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Technology
Space and defense boom lifted these satellite stocks by more than 200% in 2025
Charlie Ergen Karl Gehring | Dever Post | Getty Images Wall Street grew increasingly obsessed with the artificial intelligence boom this year, pouring money into chips, data centers and applications. But investors looking beyond Silicon Valley found outsized returns in another location: space. Some of the year’s biggest market winners were defense companies that benefited […]
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