In modern politics, the intertwining of corporate interests and political agendas is often underscored by financial contributions to inauguration funds and other political initiatives. A striking example of this trend is Hims & Hers Health’s decision to donate $1 million to President-elect Donald Trump’s inauguration fund. This move, confirmed recently by CNBC, illustrates a broader
Enterprise
In a landscape where sports, technology, and politics increasingly intertwine, the announcement of Dana White’s appointment to Meta’s board just before the new Trump administration began is nothing short of provocative. This bold maneuver raises questions about the implications of such appointments in influence-driven sectors and the role of personal connections in professional environments. Dana
The semiconductor sector is experiencing a remarkable resurgence, especially as contract electronics giant Foxconn announces record revenues for the fourth quarter. This news has sent ripples of optimism throughout the market, highlighting the ongoing boom in artificial intelligence (AI) technology and its broad implications on global economies and industries. Foxconn’s impressive financial performance is not
Amit Yoran, a prominent figure in the cybersecurity industry and the CEO of the company Tenable, passed away at the age of 54. His death was confirmed by Tenable in a recent press release, revealing that Yoran’s passing was unexpected following a period of medical leave as he confronted cancer. This shocking news not only
In a recent announcement, Microsoft revealed plans to allocate a staggering $80 billion during its fiscal year 2025 towards constructing state-of-the-art data centers designed specifically to accommodate artificial intelligence (AI) workloads. This ambitious investment is indicative of the company’s bullish outlook on the future of AI, and it also highlights the crucial role data infrastructure
Recent statistics reveal a troubling trend for foreign mobile phone brands in China, with significant sales declines reported for November. Official data indicates that shipments of foreign smartphones have plummeted to just 3.04 million units, which is a staggering decrease of 47.4% compared to the same month last year and an even more dramatic 51%
CNBC has opened its doors for applications to the 2025 Disruptor 50 list, marking the thirteenth iteration of this prestigious recognition aimed at highlighting the most groundbreaking venture-backed companies. This annual event offers an intriguing glimpse into the rapidly evolving business landscape, showcasing firms that leverage cutting-edge technology to navigate economic challenges and consumer demands.
As Apple prepares to usher in the Chinese New Year, the tech giant has unveiled an array of discounts on its flagship products, including the latest iPhone models. This move comes in response to increasing competition in one of the world’s most critical markets for the company. With its market share slipping and sales declining,
In a dramatic display of the high-stakes nature of the stock market, Tesla Inc. experienced a tumultuous trading week, culminating on Friday with a modest return to profitability. After early morning losses, the electric vehicle titan saw its shares recover, marking a 0.7% increase by 11:10 a.m. ET. This recovery was notable especially considering that
In 2024, Bitcoin emerged as the most successful asset class, showcasing its remarkable capacity for growth. With the advent of new ETFs and expectations of deregulation following a presidential transition, digital assets soared to unprecedented heights. Bitcoin’s price trajectory was particularly noteworthy, having more than doubled since the year began, climbing from approximately $40,000 to
