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Electronic Arts stock jumps 15% after report company nearing B deal to be taken private

Electronic Arts stock jumps 15% after report company nearing $50B deal to be taken private

Shares of Electronic Arts jumped 15% on Friday following a report that the video game company is nearing a roughly $50 billion deal to go private. The deal would likely be the largest leverage buyout of all time, according to the Wall Street Journal. Investors including Saudi Arabia’s Public Investment Fund and Silver Lake could […]

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NASA Marshall Space Flight Center director Joseph Pelfrey resigns

NASA Marshall Space Flight Center director Joseph Pelfrey resigns

A crane towers above the mobile launcher 2 adjacent the Vehicle Assembly Building at Kennedy Space Center on Tuesday, July 22, 2025. Richard Tribou | Tribune News Service | Getty Images The director of NASA’s Marshall Space Flight Center, Joseph Pelfrey, announced his resignation from the role on Thursday, CNBC confirmed. Pelfrey said in an

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China’s Xiaomi plans showrooms for 2027 EV launch in Europe, eyes local manufacturing later

China’s Xiaomi plans showrooms for 2027 EV launch in Europe, eyes local manufacturing later

Key Points Xiaomi plans to open showrooms in Europe when it launches its electric cars in the region in 2027, a top executive at the Chiense tech giant told CNBC. Xu Fei, a vice president at Xiaomi, said the comapny could also manufacture cars locally in the future. Xu did not reveal which car Xiaomi

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Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say

Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say

President Donald Trump takes a question from a reporter before signing executive orders in the Oval Office at the White House on September 19, 2025 in Washington, DC. Andrew Harnik | Getty Images It’s been a chaotic few days for the tech sector, and industry executives and experts are still assessing how U.S. President Donald

Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say Read More »

YouTube to allow creators banned for Covid-19, election misinformation to apply for reinstatement

YouTube to allow creators banned for Covid-19, election misinformation to apply for reinstatement

Jaque Silva | Nurphoto | Getty Images Google-owned YouTube on Tuesday said it will soon allow previously banned accounts to apply for reinstatement, rolling back a policy that had treated violations as permanent. The change applies to channels removed for posting Covid-19 or election-related misinformation, according to a letter from Alphabet lawyer Daniel Donovan to

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Altman, Huang and the last-minute negotiations that sealed the 0 billion OpenAI-Nvidia deal

Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal

Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute

Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal Read More »

‘We need the smartest people’: Nvidia, OpenAI CEOs react to Trump’s H-1B visa fee

‘We need the smartest people’: Nvidia, OpenAI CEOs react to Trump’s H-1B visa fee

Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman on Monday commented on President Donald Trump’s decision to increase the cost of hiring overseas workers on visas. Trump on Friday announced that he would raise the fee for an H-1B visa to $100,000, leaving companies scrambling. Employers now must have documentation of the payment prior to

‘We need the smartest people’: Nvidia, OpenAI CEOs react to Trump’s H-1B visa fee Read More »

How robotic beehives use AI to protect bees from climate change

How robotic beehives use AI to protect bees from climate change

Bees are critical for ensuring an abundant food supply year-round, but the bee population is in big trouble. More than one-third of the crops we eat are pollinated by bees, but 40% of bee colonies are collapsing each year, California-based Beewise said. One reason is climate change – specifically, stronger hurricanes, more frequent fires and the use of

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