In this photo illustration a virtual friend is seen on the screen of an iPhone on April 30, 2020, in Arlington, Virginia. Olivier Douliery | AFP | Getty Images The Federal Trade Commission on Thursday announced it is issuing orders to seven companies including OpenAI, Alphabet, Meta, xAI and Snap to understand how their artificial…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | Reuters With the desire to have private market exposure alongside publicly traded stocks gaining traction among investors, Morningstar has developed a benchmark to reflect the trend. The Morningstar PitchBook US Modern Market…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Nearly half of U.S. businesses have redirected planned China investments to other regions over the past year — highest on record — the American Chamber…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images An ex-Meta employee sued the social media company on Monday over allegations that its WhatsApp messaging service contained “systemic cybersecurity failures” that potentially compromise user privacy. Attaullah Baig, WhatsApp’s former head of security, alleged that Meta retaliated against him after he notified leaders, including CEO…
Another Broadcom earnings report, another breathtaking stock reaction in response. Shares of the AI chipmaker are soaring almost 11% Friday, sending the stock to a fresh all-time high and putting its market capitalization north of $1.5 trillion. The monster move evokes what we saw from Broadcom back in December, when shares flew 24% in a…
Meta CEO Mark Zuckerberg offered $100 million signing bonuses to top OpenAI employees. David Paul Morris | Bloomberg | Getty Images The artificial intelligence arms race is heating up, and as tech giants scramble to come out on top, they’re dangling millions of dollars in front of a small talent pool of specialists in what’s…
Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images From the courtroom to the boardroom, it was a big week for tech investors. The resolution of Google’s antitrust case led to sharp rallies…
U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of Justice earlier this year. In January, the FTC announced that it would refer a non-public complaint regarding allegations that Snap’s My AI chatbot posed potential…
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares soared 15% on Friday after the chipmaker said on its earnings call that it had secured a new $10 billion customer. Analysts quickly pointed to OpenAI. Following a better-than-expected earnings report late Thursday, Broadcom CEO Hock Tan told analysts that…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., and U.S. President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, U.S., on Sept. 4, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump has reiterated a warning that he will soon impose…
