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Spotify founder Daniel Ek stepping down as CEO, company names co-CEOs to replace him
Daniel Ek, founder and chief executive officer of Spotify, attends the Cannes Lions 2016 on June 22, 2016 in Cannes, France. Antoine Antoniol | Getty Images Spotify CEO Daniel Ek will step down from his position and move to the role of executive chairman, the company said Tuesday. Spotify shares dipped 6% following the announcement. […]
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YouTube agrees to pay Trump $24.5 Million to settle lawsuit over suspended account
U.S. President Donald Trump reacts, as he arrives at Joint Base Andrews, Maryland, U.S., September 26, 2025. Elizabeth Frantz | Reuters YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump’s account following the U.S. Capitol riots on Jan. 6, 2021. The settlement “shall not constitute an […]
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JD Vance ‘confident’ the U.S. has ‘successfully separated’ TikTok from China parent company ByteDance
Vice President JD Vance visits “Fox News Sunday” on January 11, 2025. Paul Morigi | Getty Images Entertainment | Getty Images Vice President JD Vance on Sunday said he is optimistic about the future of TikTok in the U.S. “I feel very confident that we have successfully separated this company from TikTok global and actually […]
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5 takeaways from CNBC’s investigation into ‘nudify’ apps and sites
Jessica Guistolise, Megan Hurley and Molly Kelley talk with CNBC in Minneapolis, Minnesota, on July 11, 2025, about fake pornographic images and videos depicting their faces made by their mutual friend Ben using AI site DeepSwap. Jordan Wyatt | CNBC In the summer of 2024, a group of women in the Minneapolis area learned that […]
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How a ‘nudify’ site turned a group of friends into key figures in a fight against AI-generated porn
In June of last year, Jessica Guistolise received a text message that would change her life. While the technology consultant was dining with colleagues on a work trip in Oregon, her phone alerted her to a text from an acquaintance named Jenny, who said she had urgent information to share about her estranged husband, Ben. […]
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Ex-Meta global affairs chief says tech should stay out of politics
Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel “uneasy” about those firms intervening in the public space. “I generally don’t think that politics and tech innovation mixes very well,” Clegg told CNBC’s “Squawk Box.” “I think it’s quite good when they kind […]
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China stays conspicuously quiet after Trump’s TikTok deal declaration
Following U.S. President Donald Trump’s approval of a deal that could keep TikTok alive in the U.S. on Thursday, China has remained conspicuously quiet — a notable silence as Beijing still can ultimately decide the app’s fate. Chinese state media remained silent about the deal, while social media discussion was limited. One state-affiliated Weibo account […]
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Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion. The deal satisfies the requirements of a national security law requiring China-based […]
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Oracle, Silver Lake and MGX will be main investors in TikTok U.S., sources say
Oracle, Silver Lake and Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday. Those three entities will control roughly 45% of TikTok USA, Faber reported. ByteDance, TikTok’s Chinese parent, will own 19.9%, with the remaining 35% in the hands of ByteDance investors and new holders. President […]
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Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of dollars into the coffers of the artificial intelligence startup to use as it sees fit. But […]
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