SpaceX boss Elon Musk said Monday that he’ll give every child in the U.S. one of his shares in the company next year. Musk currently owns about 4.8 billion SpaceX shares, according to an August SEC filing. That figure rises to 6.4 billion when taking into account unvested awards and stock options, representing a 48.4%…
QINGDAO, CHINA – SEPTEMBER 04: A general view shows facilities related to Changxin Memory Technologies on September 4, 2026 in Qingdao, Shandong Province of China. The company’s global DRAM market share has exceeded 10 percent following increased production capacity at its Hefei and Beijing lines, positioning it as the fourth-largest supplier worldwide while advancing research…
A titanium Apple Watch Ultra 4 during a product unveiling event at Apple Park in Cupertino, California, US, on Wednesday, Sept. 9, 2026. David Paul Morris | Bloomberg | Getty Images Chris Thomas is all-in on AI gadgets. Thomas, 43, wears a pair of Meta‘s camera-equipped glasses, a Fieldy note-taking pendant around his neck and…
The sinking AI trade and hotter-than-expected inflation data rattled last week’s stock market. But solid bank earnings and a rotation beyond tech gave us reasons for optimism. The Nasdaq’s 4.5% weekly decline broke a four-week winning streak and marked the worst weekly decline for the tech-heavy index since June. The S & P 500 fell…
Guests during the Bending Spoons initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, July 1, 2026. Michael Nagle | Bloomberg | Getty Images At the time of its Nasdaq debut in July, Bending Spoons was a little-known holding company out of Italy that owned older internet names like AOL,…
Laurence Dutton | E+ | Getty Images At London-headquartered payments technology company Paysend, access to artificial intelligence tools has to be earned. CEO Ben Chisell told CNBC he is a “very cynical man” about the hype around the technology, though he still sees value in it. Chisell, who previously worked at Amazon, eBay and Starling…
A voter casts his ballot during early voting at the Polk County Election Office on Oct.14, 2026 in Des Moines, Iowa. Charlie Neibergall | Getty Images One of the last big campaign-finance snapshots before the Nov. 3 Election Day is now available, and both political parties found something to like. But campaign cash is flowing…
Apple‘s iPhone Duo, its most expensive iPhone ever, went up for preorder Friday, with launch-day pickup inventory selling out and some online delivery estimates already slipping into late January. The company said in a statement that the pre-order demand was “nothing short of extraordinary.” “We are working hard to get this revolutionary new product into…
President Donald Trump on Friday denied that the White House had ordered restrictions this week on Starlink satellite internet services provided to Ukraine’s armed forces. Ukrainian officials on Tuesday and Wednesday said SpaceX had restricted use of Starshield, a military-grade version of Starlink, without warning, impeding some military operations and its ability to defend civilians…
U.S. companies and the Trump administration both “need to be wary” of foreign espionage attempts as the race for artificial intelligence dominance continues, Director of National Intelligence Jay Clayton told CNBC on Friday. AI “amplifies” existing cybersecurity risks toward U.S. digital infrastructure, which is interconnected with critical systems related to everything from public goods to…