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MLS partners with OneFootball in push to expand global audience
Lionel Messi #10 of Inter Miami controls the ball during the second half of the game against St. Louis City at Chase Stadium on June 01, 2024 in Fort Lauderdale, Florida. Megan Briggs | Getty Images Major League Soccer is teaming up with German digital media platform OneFootball to provide highlights, stats and other content […]
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PayPal CEO’s first year was praised by Wall Street, but hard part starts now for struggling payments company
Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal In January, about a hundred days into his job as PayPal CEO, Alex Chriss told CNBC’s David Faber that the payments company hadn’t had much to celebrate in recent years. But Chriss confidently said he was prepared to “shock the world.” “I love being an underdog,” Chriss […]
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Inside one of the first all-female hacker houses in San Francisco
For Molly Cantillon, living in a hacker house wasn’t just a dream, but a necessity. “I had lived in a few hacker houses before and wanted to replicate that energy,” said Cantillon, 20, co-founder of HackHer House and founder of the startup NOX. “A place where really energetic, hardcore people came together to solve problems. […]
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OpenAI CFO tells investors funding round should close by next week despite executive departures
Key Points In an email to OpenAI’s investors, CFO Sarah Friar said the company still has a “talented leadership bench” following key departures this week. Friar also says its current funding round, which sources say values OpenAI at $150 billion, was oversubscribed and set to close next week. “Collectively, we remain laser-focused on bringing AI […]
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Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance. Altman and finance chief Sarah Friar both said at the meeting, conducted by video, that […]
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Meta unveils cheaper $299 Quest 3S VR headset
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024. David Paul Morris | Bloomberg | Getty Images Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division […]
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Investors are underweight Nvidia compared to the S&P 500, and it’s costing them
Institutional portfolios will continue to underperform due to a lack of adequate exposure to Nvidia and other winning technology names, UBS warned. Strategist Patrick Palfrey told clients that large-cap managers have 4.4% exposure to Nvidia, despite the artificial intelligence darling accounting for 6.6% of the S & P 500 . That is the biggest underweight […]
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How Apple and Microsoft’s trusted brands are being used to scam you online
No, it’s not really Apple or Microsoft popping up on your screen to tell you your computer has been infected. It’s scammers trying to convince you to call them and divulge sensitive information, which may include passwords, bank or credit account information or Social Security numbers. “They use the reputation of the brand [for legitimacy […]
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What Warren Buffett’s recent moves say – and don’t say – about today’s market
When the man who’s built the greatest fortune in history from investing alone – and whose preferred holding period is “forever” – becomes a resolute seller of two of the most widely held stocks in the world, the questions about what it means for the market and economy are inevitable. And so it is with […]
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