Media Archives - Page 87 of 806

2 minute read

Jet-Setting Executives: Boeing Revises Disclosures For Personal Trips By CEO, Other Executives

April 12, 6:50 AM

An internal review at Boeing revealed that Chief Executive David Calhoun and other top executives took personal trips exceeding $500,000 on the company's private jets, misclassified as business travel.

1 minute read

CarMax Reacts Swiftly After Earnings Miss With $1.25B Bond Sale: Report

By Shivani Kumaresan

April 12, 5:59 AM

CarMax reportedly reacts swiftly to earnings miss with a $1.25B bond sale, aiming to address investor concerns. Mitsubishi UFJ Financial Group oversees the deal, anticipated to rise to $1.6 billion.

KMX

3 minute read

Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong’s Major ETF Push?

By Ramakrishnan M

April 12, 3:33 AM

Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a

BTC

2 minute read

Rising Corporate Preference For Macs Draws Attention Of Advanced Hackers, Including Those From Kim Jong Un’s North Korea: Report

By Ananya Gairola

April 12, 12:28 AM

Hackers are increasingly targeting Apple Inc.'s Macs used in corporate settings, exploiting security vulnerabilities and developing sophisticated cross-platform tactics, despite Apple's efforts to secure the platform through updates.

AAPL

2 minute read

Russian Government-Linked Hackers Stole Federal Email Correspondence With Microsoft: CISA

By Ananya Gairola

April 11, 9:15 PM

Russian government-linked hackers, identified as Midnight Blizzard, have stolen email correspondences from several U.S. federal agencies and Microsoft, marking a significant cybersecurity breach.

HPE

2 minute read

Micron’s DRAM Supply Temporarily Hit by Taiwan Earthquake, But Long-Term Outlook Remains Strong

By Anusuya Lahiri

April 11, 2:26 PM

Taiwan earthquake may reduce Micron's DRAM supply for a quarter, but long-term supply won't be affected. Micron also plays a key role in AI chip demand.

FEPI

2 minute read

MicroStrategy’s Winning Streak: How Bitcoin Holdings Sparked a $1.92B Blow to Short Sellers

By Anusuya Lahiri

April 11, 2:19 PM

MicroStrategy Inc (NASDAQ: MSTR) has faced $1.92B losses due to short sellers' bets. Its stock outperformed bitcoin, aided by SEC-approved ETFs.

CLSK

2 minute read

Tesla Faces Investor Pressure Over Collective Bargaining Concerns Amid Ongoing Swedish Labor Dispute

By Nabaparna Bhattacharya

April 11, 12:14 PM

Tesla faces investor pressure over collective bargaining concerns amidst a Swedish labor dispute, as KLP considers AGM action.

TSLA

3 minute read

Media
Tech

Andy Jassy Says Amazon Has Its Hand In Every Layer Of The Generative AI Stack: ‘This Is Going To Transform Virtually Every Experience’

By Adam Eckert

April 11, 12:02 PM

Andy Jassy was interviewed by Andrew Ross Sorkin Thursday on CNBC's "Squawk Box" shortly after the Amazon chief released his annual shareholder letter, which was largely focused on AI. AI also took center stage in the interview.

AMZN

1 minute read

Volkswagen Fortifies Chinese Presence With €2.5B Investment: Report

By Shivani Kumaresan

April 11, 10:51 AM

Volkswagen AG (OTC:VWAGY) commits €2.5 billion ($2.68 billion) to bolster its presence in China's electric vehicle market. The investment focuses on expanding production and innovation in Hefei, Anhui Province, underscoring the company's dedication to growth in the crucial Chinese automotive sector.

BYDDF