In a surprising yet strategic move, Dana White, the dynamic CEO of the Ultimate Fighting Championship (UFC), has been appointed to the board of Meta, the parent company of Facebook. This announcement comes just weeks before the inauguration of Donald Trump, a close friend of White and a figure who has had a turbulent relationship
Enterprise
The world of semiconductor stocks appears increasingly robust, highlighted by the recent financial disclosures from Foxconn, a leading player in the electronic manufacturing sector. Foxconn, or Hon Hai Precision Industry, recently reported an unprecedented revenue of 2.1 trillion New Taiwan dollars (approximately $63.9 billion) for the fourth quarter, marking a 15% year-over-year increase. This surge
The cybersecurity landscape has lost a significant figure with the untimely death of Amit Yoran, who passed away at the age of 54. Yoran, recognized for his transformative leadership at Tenable, a prominent cybersecurity firm, recently succumbed to cancer after a brief medical leave. His demise, confirmed by Tenable through an official press release, was
In a significant announcement, Microsoft has committed to investing a staggering $80 billion in fiscal 2025 towards building data centers optimized for artificial intelligence (AI) workloads. This decision underscores the company’s ambition to maintain its leadership position in the rapidly evolving AI landscape. According to Microsoft’s Vice Chair and President, Brad Smith, a majority of
Recent data has unveiled a startling downturn in the sales of foreign smartphone brands within China, particularly affecting Apple, the top international vendor in the region. Reports indicate that, as of November, foreign mobile phone shipments plummeted to around 3.04 million units. This marks a staggering 47.4% decline compared to November 2022 and a 51%
As we navigate an ever-evolving economic landscape, CNBC is inviting entrepreneurial visionaries to showcase their groundbreaking ventures in the 2025 Disruptor 50 list. This esteemed annual compilation highlights the most promising venture-backed companies that are not only innovating but also tackling pressing consumer and economic challenges through compelling technology. The deadline for companies to submit
In a bold move aimed at retaining its foothold in the competitive Chinese smartphone market, Apple has begun to roll out significant discounts on its latest iPhone models. As the lunar New Year approaches, the Cupertino-based technology giant is adjusting its sales strategy to counter rising competition from domestic brands, particularly Huawei, which has made
As one of the most prominent electric vehicle manufacturers, Tesla has repeatedly captured the attention of investors and the market alike, particularly during tumultuous trading sessions. Recently, Tesla experienced a week characterized by considerable fluctuations in share prices, raising questions regarding the influences at play and the potential future trajectory of the company. On a
The cryptocurrency market experienced remarkable turbulence and transformation throughout 2024, characterized by unprecedented gains in major digital assets such as Bitcoin and Ether. As new Exchange-Traded Funds (ETFs) were introduced, investor confidence surged, facilitating a wave of institutional investment and catalyzing hopes of more favorable regulatory conditions under a new political administration. Yet, the volatile
In a significant development within the tech industry, Alibaba has announced a substantial reduction in the pricing of its large language models (LLMs) by as much as 85%. This move, revealed through a WeChat post by the company’s cloud computing arm, Alibaba Cloud, underscores the intensifying competition among Chinese technology firms in the rapidly evolving