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Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth says
Source: CNBC
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CNBC2 outlets
David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Ynon Kreiz, who is stepping down as CEO of Mattel after eight years, will join David Ellison’s Paramount — which is expected to close its mega-merger with Warner Bros. Discovery on Oct. 6 — as co-CEO of the new company, Paramount announced. As chairman and CEO, Ellison will lead all strategy, creative and technology functions. […]
CNBC
Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Micron is up over 500% in the past year as the company benefits from soaring AI demand.
CNBC
Sen. Hawley: OpenAI CEO Sam Altman declined to testify at rogue AI hearing
A Senate subcommittee on Wednesday is examining rogue AI, after a series of AI cyberattacks and increasing warnings about the risks of the technology.
CNBC
Grindr expands beyond dating with $250 million telehealth acquisition of PurposeMed
Grindr is buying PrEP provider Freddie for $250 million, expanding into healthcare and seeking to make HIV prevention more accessible to its users.
CNBC
10-year Treasury yield is higher as traders look past inflation data, await jobs report
Treasury yields were lower on Wednesday following the release of lighter-than-expected U.S. inflation data.
CNBC2 outlets
Fed watchdog finds renovation failures, but no grounds for criminal referral
The long-awaited report by the Fed's inspector general said it found no reasonable grounds to believe federal criminal law had been violated.