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Crypto execs see clear path for U.S. to pass regulation this year as Trump fuels market hype
Davos WEF Crypto execs see clear path for U.S. to pass regulation this year as Trump fuels market hype Published Thu, Jan 23 20251:15 AM EST Ryan Browne@Ryan_Browne_ WATCH LIVE Source
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AI is the hot topic at Davos this year — here’s what the top CEOs are saying
Artificial intelligence is the topic du jour at this year’s World Economic Forum Annual Meeting — a major gathering of political and corporate leaders — in Davos, Switzerland. Fabrice Coffrini | AFP / Getty Images Of all the corporate buzzwords, artificial intelligence is by far the one that’s been on every major corporate leader’s lips […]
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Reddit shares rise 7%, hit record as Raymond James raises price target
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 News | Getty Images Reddit shares rose over […]
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Apple, Google remove TikTok from stores as app halts service in U.S.
Apple and Google removed TikTok from their app stores Saturday night, complying with a law requiring China’s ByteDance to divest the social app or see it face an effective ban in the U.S. The Apple App Store and the Google Play store’s removal of TikTok means people in the U.S. can no longer download the […]
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GLP-1s and Brian Thompson’s killing loom large at top health-care conference
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images San Francisco, famed for its abundance of hoodie-clad tech workers, was overrun […]
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Supreme Court rules to uphold TikTok ban, setting the stage for U.S. users to lose access Sunday
The Supreme Court has upheld the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban of the popular social video app in the U.S. ByteDance has so far refused to sell TikTok, meaning many U.S. users could lose access to the app this weekend. The app may […]
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Bumble founder Whitney Wolfe Herd to return as CEO
Whitney Wolfe Herd speaks onstage in Dana Point, California. Joe Scarnici | Getty Images Entertainment Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little more than a year after she stepped down from the role, the company announced Friday. The company’s current CEO Lidiane Jones has resigned for “personal reasons,” […]
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Tough new EU cyber rules require banks to ramp up security — but many aren’t ready
Traffic_analyzer | Digitalvision Vectors | Getty Images Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full compliance with the rules. The EU’s Digital Operational Resilience Act, or DORA, requires both financial services firms and […]
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Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap CEO Evan Spiegel, joins CNBC ‘Power Lunch’ on September 17, 2024. CNBC Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC’s non-public complaint involves allegations that Snapchat’s My AI chatbot poses “risks and harms to […]
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Amazon lays off about 200 employees in its stores unit
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed. The core retail business, which […]
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