In a surprising turn of events, Dana White, the longstanding CEO of the Ultimate Fighting Championship (UFC), has accepted a position on Meta’s board just ahead of the upcoming Trump administration. This decision marks a significant convergence of sports, technology, and politics, intertwining the worlds of mixed martial arts and Silicon Valley in a manner
Enterprise
The semiconductor industry has recently experienced a notable surge, propelled by the remarkable announcement from Foxconn, the world’s leading contract electronics manufacturer. Over the past week, Foxconn, officially known as Hon Hai Precision Industry, reported a record-breaking revenue of 2.1 trillion New Taiwan dollars (approximately $63.9 billion) for the fourth quarter of 2023. This stellar
The cybersecurity industry is mourning the untimely death of Amit Yoran, the esteemed chief executive of Tenable, who passed away on Friday at the age of 54. Tenable confirmed his death in a press release the following day, stating that he had recently gone on medical leave due to a battle with cancer. His unexpected
In a bold declaration, Microsoft has announced plans to invest a staggering $80 billion in the construction of data centers designed specifically for artificial intelligence workloads during its fiscal 2025. This initiative signals the company’s aggressive strategy to cement its leadership in the rapidly evolving AI landscape. Over half of this financial commitment is slated
Recent data highlights a profound decline in the sales of foreign mobile phone brands within the Chinese market. Official statistics released show that in November, foreign device shipments plummeted to a mere 3.04 million units, revealing a stark decrease of 47.4% compared to the previous year. Furthermore, this figure represents a staggering 51% drop when
CNBC is gearing up for its thirteenth annual Disruptor 50 list, a prestigious recognition aimed at identifying the most trailblazing venture-backed companies that are leveraging transformative technology to tackle contemporary economic and consumer challenges. As the deadline for submissions approaches, it is essential for innovative entrepreneurs and companies established after January 1, 2010, to recognize
In the face of intense competition within the Chinese smartphone sector, Apple is making a significant pivot with its sales strategy as the Chinese New Year approaches. Known for its premium pricing strategy, the tech titan is now rolling out discounts on its flagship devices, namely the iPhone 16 Pro and iPhone 16 Pro Max,
Tesla Inc., renowned for its electric vehicles, witnessed a tumultuous trading week, characterized by significant fluctuations in its stock price. Following a volatile period, the company managed to regain some of its losses on Friday, with shares rising by 0.7% as of 11:10 a.m. ET. This resurgence comes on the heels of a dramatic decline
In 2024, the cryptocurrency market witnessed a remarkable transformation, with Bitcoin emerging as the most lucrative asset class. This surge in popularity can be traced back to the introduction of new exchange-traded funds (ETFs), which have played a crucial role in facilitating broader adoption of digital currencies. The change in the regulatory landscape, especially with
In the rapidly evolving technological landscape, artificial intelligence (AI) has become a focal point for major companies striving to secure their foothold in the market. Among these, Alibaba Group stands out, announcing significant price cuts on its large language models (LLMs) that can reach up to 85%. This announcement, made via WeChat on a Tuesday,