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Investing in Space: Iron Dome’s performance could be Golden Dome’s opportunity
World

Investing in Space: Iron Dome’s performance could be Golden Dome’s opportunity

CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. TEL AVIV, ISRAEL – JUNE 18: Israel’s ‘Iron Dome’ air defense system responds to incoming Iranian ballistic missiles as seen from Tel Aviv, Israel on June 18, 2025. Anadolu | […]

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Meta tried to buy Ilya Sutskever’s  billion AI startup, but is now planning to hire its CEO
World

Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO

When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat […]

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Trump extends TikTok ban deadline by another 90 days
World

Trump extends TikTok ban deadline by another 90 days

Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]

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Google is using YouTube videos to train its AI video generator
Technology

Google is using YouTube videos to train its AI video generator

Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo. Dado Ruvic | Reuters Google is using its expansive library of YouTube videos to train its artificial intelligence models, including Gemini and the Veo 3 video and audio generator, CNBC has learned. The tech company is turning […]

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Google looks likely to lose appeal against record .7 billion EU fine
World

Google looks likely to lose appeal against record $4.7 billion EU fine

Google suffered a setback Thursday after an advisor to the European Union’s top court recommended it dismiss the tech giant’s appeal against a record 4.1-billion-euro ($4.7 billion) antitrust fine. Juliane Kokott, advocate general at the European Court of Justice, advised the court to throw out Google’s appeal and confirm the fine, which was reduced in […]

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SpaceX’s Starship explodes during routine test in Texas
Technology

SpaceX’s Starship explodes during routine test in Texas

A SpaceX Starship is seen in Boca Chica, Texas in 2023. Patrick T. Fallon | Afp | Getty Images A SpaceX Starship rocket on Wednesday exploded at the Starbase facility in Texas during routine testing in preparation for a launch flight, according to local authorities and live stream footage. The rocket “experienced a major anomaly […]

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DOJ seizes record 5 million in crypto tied to global ‘pig butchering’ scams
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DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in […]

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Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says
Technology

Apple looking to make ‘premium’ priced folding iPhones starting next year, analyst says

People look at iPhones at the Apple Fifth Avenue store in New York City, U.S., May 23, 2025. Adam Gray | Reuters Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said that Apple’s folding phone could have a display made by Samsung Display, which […]

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Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers
Technology

Scale AI not ‘winding down’ following Meta deal, interim CEO tells employees and customers

FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. Mike Blake | Reuters Scale AI’s Interim CEO Jason Droege said in a memo on Wednesday that the artificial intelligence startup is not changing course following Meta’s multibillion-dollar investment in the company last week. “Unlike some other […]

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Shares of Coinbase, Circle surge after stablecoin bill passes Senate
Technology

Shares of Coinbase, Circle surge after stablecoin bill passes Senate

Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSE Shares of Circle and Coinbase rallied on Wednesday, as Wall […]

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