Stanley Druckenmiller says A.I. could win big coming out of a recession, and he’s bullish on Nvidia
Stanley Druckenmiller said he believes artificial intelligence could be a fruitful opportunity for investors, especially post-recession.
FBI takes down Russian computer malware network that attacked NATO nations, journalists
Operation Medusa took down Snake, a malware network built by a Russian intelligence unit to infiltrate high-value targets around the world.
A.I. will change the face of Microsoft and double cloud revenue, Bernstein says
Artificial intelligence is revolutionizing how companies operate and that could have major implications for Microsoft’s cloud business, according to Bernstein.
Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms
Similar to many private jet startups, Wheels Up was dogged by high costs and operating issues.
Under Armour sends potential warning sign about retailers’ profits
Under Armour coped with higher promotions in the quarter, which weighed on profit margins.
Charlie Munger is skeptical of AI: ‘Old-fashioned intelligence works pretty well’
Billionaire investors Warren Buffett and Charlie Munger are skeptical of the impact of artificial intelligence applications such as ChatGPT.
Donald Trump sexually abused and defamed E. Jean Carroll, jury says
Former President Donald Trump called the verdict in New York a “disgrace.” A lawyer for E. Jean Carrol said “we are very happy.”
Why ChatGPT developer OpenAI is the No. 1 company on the 2023 CNBC Disruptor 50 list
ChatGPT maker OpenAI is the No. 1 CNBC 2023 Disruptor 50 company as the Microsoft-backed AI startup leads the biggest tech breakthrough since the iPhone.
LinkedIn lays off 716 employees, kills China jobs app
The company has operated in China since 2014 but will now focus on its Learning, Marketing, and Talent businesses there, CEO Ryan Roslansky said.
German regulator warns of a ‘nervous time’ for banks, predicts stress in the property market
The banking sector has been under the spotlight since March with the collapse of Silicon Valley Bank and the rescue of several other embattled lenders.
