Musk calls proxy advisory firms ‘corporate terrorists.’ Why their power is growing in the stock market
What to know about the proxy advisors that hold sway over shareholder voting.
CNBC
EU says TikTok and Meta broke transparency rules under landmark tech law
The European Commission said it had preliminarily found that both tech giants had breached their obligations under the Digital Services Act.
EU says TikTok and Meta broke transparency rules under landmark tech law Read More »
CNBC Daily Open: Trump’s handprints on the U.S. economy
Trump’s dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China’s developmental agenda meeting.
CNBC Daily Open: Trump’s handprints on the U.S. economy Read More »
CNBC Daily Open: U.S.’ 4-year economic plan, with a Trump twist?
Trump’s dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China’s developmental agenda meeting.
CNBC Daily Open: U.S.’ 4-year economic plan, with a Trump twist? Read More »
Applied Materials lays off 4% of workforce
The move comes amid “automation, digitalization and geographic shifts,” the company said.
Applied Materials lays off 4% of workforce Read More »
Microsoft AI chief says company won’t build chatbots for erotica
Microsoft AI CEO Mustafa Suleyman said the software company won’t build erotica AI services, the latest break with rival-partner OpenAI.
Microsoft AI chief says company won’t build chatbots for erotica Read More »
Apple begins shipping American-made AI servers from Texas
The milestone could please President Donald Trump, who has called for Apple to do more manufacturing on U.S. shores.
Apple begins shipping American-made AI servers from Texas Read More »
Disney warns ESPN, other networks may go out on YouTube TV at the end of the month
Less than a month after reaching a carriage agreement with NBCUniversal, YouTube TV is at risk of losing access to Disney’s networks, including ABC and ESPN.
Disney warns ESPN, other networks may go out on YouTube TV at the end of the month Read More »
Anthropic’s Google Cloud deal includes 1 million TPUs and 1 GW of capacity in 2026
While Google is powering Anthropic’s next phase of compute expansion, Amazon remains its most deeply embedded partner.
Anthropic’s Google Cloud deal includes 1 million TPUs and 1 GW of capacity in 2026 Read More »
Meta replacing humans with AI for FTC-mandated privacy reviews
Meta said that it is laying off an undisclosed number of employees in its risk organization amid a shift to use AI to automate compliance review tasks.
Meta replacing humans with AI for FTC-mandated privacy reviews Read More »