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Linda Yaccarino steps down as CEO of Elon Musk’s X

Linda Yaccarino steps down as CEO of Elon Musk’s X

Linda Yaccarino on Wednesday announced she is stepping down as CEO of Elon Musk’s social media site X after two years in the role. Yaccarino’s departure comes one day after Musk’s artificial intelligence chatbot Grok repeatedly made antisemitic comments on Tuesday and referenced Hitler in response to posts about the Texas flooding. Grok is built by […]

Linda Yaccarino steps down as CEO of Elon Musk’s X Read More »

Elon Musk’s Grok AI chatbot denies that it praised Hitler and made antisemitic comments

Elon Musk’s Grok AI chatbot denies that it praised Hitler and made antisemitic comments

A bust of Elon Musk that was recently vandalized is seen near the SpaceX projects in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | Afp | Getty Images Grok is pretending yesterday didn’t happen. The artificial intelligence chatbot built by Elon Musk’s xAI and integrated with his social media site X has deleted its

Elon Musk’s Grok AI chatbot denies that it praised Hitler and made antisemitic comments Read More »

BNY Mellon will have custody of Ripple’s new stablecoin as institutional interest in crypto swells

BNY Mellon will have custody of Ripple’s new stablecoin as institutional interest in crypto swells

Jakub Porzycki | Nurphoto | Getty Images Bank of New York Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday. The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as

BNY Mellon will have custody of Ripple’s new stablecoin as institutional interest in crypto swells Read More »

Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

CEO of Supermicro Charles Liang speaks during the Reuters NEXT conference in New York City, U.S., December 10, 2024.  Mike Segar | Reuters PARIS — Super Micro plans to increase its investment in Europe, including ramping up manufacturing of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired

Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand Read More »

Two charged in 0 million global crypto scam that promised 300% returns

Two charged in $650 million global crypto scam that promised 300% returns

A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023. Kevin Lamarque | Reuters Federal prosecutors have charged two men in connection with a sprawling cryptocurrency

Two charged in $650 million global crypto scam that promised 300% returns Read More »

Elon Musk lashes out at Tesla bull Dan Ives over board proposals: ‘Shut up’

Elon Musk lashes out at Tesla bull Dan Ives over board proposals: ‘Shut up’

FILE PHOTO: Elon Musk, chief executive officer of SpaceX and Tesla, attending the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla CEO Elon Musk told Wedbush Securities’ Dan Ives to “Shut up” on Tuesday after the analyst

Elon Musk lashes out at Tesla bull Dan Ives over board proposals: ‘Shut up’ Read More »

Elon Musk’s X says Indian government ordered over 2,000 accounts blocked, including Reuters

Elon Musk’s X says Indian government ordered over 2,000 accounts blocked, including Reuters

Indian Prime Minister Narendra Modi arrives at the White House to meet with U.S. President Donald Trump on Feb. 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images Elon Musk’s X said Tuesday that the Indian government ordered the company to block 2,355 accounts, including Reuters, in the country. “The

Elon Musk’s X says Indian government ordered over 2,000 accounts blocked, including Reuters Read More »

Southeast Asia needn’t take sides in US-China tech rivalry. It can learn from both, experts say

Southeast Asia needn’t take sides in US-China tech rivalry. It can learn from both, experts say

A woman holds a cell phone featuring the DeepSeek logo, with the Nvidia logo displayed in the background. Nurphoto | Nurphoto | Getty Images As China and the U.S. compete in artificial intelligence, Southeast Asia should draw from the best of both countries while building its own technologies, panelists said at CNBC’s East Tech West

Southeast Asia needn’t take sides in US-China tech rivalry. It can learn from both, experts say Read More »

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia. 

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand Read More »

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