Sam Altman, co-founder and CEO of OpenAI and co-founder of Tools for Humanity, participates remotely in a discussion on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., April 24, 2025. Brendan Smialowski | AFP | Getty Images Not long ago, Silicon Valley was where the world’s leading …
Trade deal progress dominated last week’s stock market and promises to be influential in the week ahead. In Switzerland this weekend, Treasury Secretary Scott Bessent started a dialogue over tariffs with Chinese officials. On Sunday, Bessent said the talks were productive and more details would be forthcoming at a Monday …
Pope Leo XIV made a surprise visit Saturday to a sanctuary south of Rome that is dedicated to the Madonna and of significance to his Augustinian order. Townspeople of Genazzano gathered in the square outside the main church housing the Madre del Buon Consiglio sanctuary, waiting for Leo to emerge, …
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train cars, according to industry experts and law enforcement officials CNBC interviewed during a six-month investigation. It’s all part of a record surge …
Alex Mashinsky, former chief executive officer of Celsius Network Ltd., arrives at court in New York, US, on Thursday, May 8, 2025. Yuki Iwamura | Bloomberg | Getty Images Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to …
I challenged myself to a two-day “vibe coding” bootcamp. Courtesy of Ernestine Siu As someone who chats with startup founders for a living, I’ve always admired the “builders.” I have a lot of respect for their technical ability to dream up an idea and code it into existence, but it’s …
Jonathan Raa | Nurphoto | Getty Images Democrats turned up the pressure on President Donald Trump‘s cryptocurrency ventures this week and the fortune that he and his family are making off the efforts as a vote rolls forward on a key crypto bill. Thursday’s vote on the GENIUS ACT, a …
Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health At digital physical therapy startup Hinge Health, CEO Daniel Perez used to recognize hard-working employees with the “Cockroach Award,” a distinction that brought with it a “cockroach squad” t-shirt and a cash payout. References to the …
Microsoft delivered a strong quarter Wednesday evening, with beats nearly across the board. The biggest standout was Azure’s accelerating revenue growth, which caught the market by surprise. Revenue increased 13% year over year to about $70 billion in its fiscal 2025 third quarter, beating the Street consensus estimate of $68.4 …
Meta Platforms shares jumped Wednesday after the social media giant delivered a strong first quarter and signaled its intentions to keep spending on artificial intelligence. Revenue in the three months ended March 31 climbed 16.1% year over year to $42.31 billion, beating the consensus estimate of $41.39 billion, according to …