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How bitcoin views are evolving among corporate America’s cash managers: CNBC CFO Council Survey
In recent months, billionaire bitcoin investor Michael Saylor tried to convince Microsoft to use some of its more than $78.42 billion in cash and cash equivalents on its balance sheet to buy bitcoin. The strategy has been a lucrative one for Saylor and the company he co-founded, MicroStrategy. The company’s stock price has risen more […]
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Amazon and the endangered future of the middle manager
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew […]
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How Trump’s mass deportation plan can use AI to extend immigration crackdown
President-elect Donald Trump speaks at the U.S.-Mexico border on August 22, 2024 south of Sierra Vista, Arizona. Rebecca Noble | Getty Images News | Getty Images A signature campaign promise of President-elect Donald Trump is to initiate mass deportations of undocumented residents of the United States. At a Sept. 12 campaign stop in Tucson, Arizona, […]
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In the new space race, hackers are hitching a ride into orbit
The unoccupied space-facing port on the International Space Station’s Harmony module is pictured several hours before the SpaceX Dragon Freedom spacecraft would relocate there after undocking from Harmony’s forward port. NASA Johnson Space Center In the race to conquer the cosmos, the greatest challenge to space exploration might be the vastness of the unknown, but […]
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In new bitcoin bull market, it’s time to beware of the same old crypto scams
Consumers beware: With bitcoin trading solidly over $90,000 this month, cybercriminals will be circling the wagons. “This is going to create a lot of FOMO and a lot of urgency around investing in bitcoin and paying with bitcoin,” said Eva Velasquez, president and chief executive of the Identity Theft Resource Center. Scammers “love, love, love […]
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The Pentagon’s battle inside the U.S. for control of a new Cyber Force
A recent Chinese cyber-espionage attack inside the nation’s major telecom networks that may have reached as high as the communications of President-elect Donald Trump and Vice President-elect J.D. Vance was designated this week by one U.S. senator as “far and away the most serious telecom hack in our history.” The U.S. has yet to figure […]
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David Einhorn is building new position in CNH Industrial, says agricultural play is ‘cheap’
NEW YORK – Greenlight Capital’s David Einhorn said Wednesday he has taken a medium-sized position in agricultural play CNH Industrial. Speaking at CNBC’s Delivering Alpha conference in New York City, the hedge fund investor said the agricultural machinery company is an under-the-radar value play as the industry nears the end of a bearish cycle. “It’s exactly the kind […]
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