The recent announcement of Dana White, the UFC’s CEO, joining the board of Meta, Facebook’s parent company, raises numerous questions about the merging paths of sports, technology, and politics. As society continues to navigate the intricacies of these areas, this appointment could signal Meta’s intentions to strengthen its influence and connections amidst a rapidly evolving
Enterprise
In a significant display of market vitality, Foxconn, officially known as Hon Hai Precision Industry, recently disclosed its fourth-quarter revenues, impressive at 2.1 trillion New Taiwan dollars (approximately $63.9 billion). This figure represents a remarkable 15% increase compared to the previous year. The company, renowned for its role as an essential supplier to mega tech
The cybersecurity domain is rife with challenges that require not only technical insight but also visionary leadership. The recent passing of Amit Yoran, a luminary in this space, has left a substantial void in an industry that increasingly relies on innovative leaders to navigate complex digital threats. At just 54 years old, Yoran, who led
In a significant announcement, Microsoft declared an ambitious plan to allocate $80 billion toward the construction of data centers specifically designed to support artificial intelligence (AI) endeavors in fiscal 2025. As outlined in a recent blog post by Brad Smith, Microsoft’s Vice Chair and President, more than half of this investment is set to occur
Recent reports have cast a stark light on the challenges facing foreign mobile phone brands in China, revealing a steep decline in their sales. In November, shipments of international handsets plummeted to 3.04 million units, representing a staggering drop of 47.4% compared to the same month in the previous year and a 51% decrease from
As we approach the thirteenth year of the Disruptor 50 list, CNBC invites visionary companies to step forward and showcase their groundbreaking achievements. This prestigious initiative, which highlights the most dynamic venture-backed firms employing transformative technology, aims to identify those organizations that are not merely reacting to economic and societal challenges but actively redefining industries.
As the Chinese New Year approaches, Apple has initiated a bold promotional strategy by offering significant discounts on some of its premium iPhones and other products. This move signifies a shift in the company’s traditional marketing approach, as Apple has generally refrained from providing discounts through its own retail outlets. Historically, consumers would encounter deals
In recent days, Tesla’s stock has exhibited significant volatility, reflecting broader market sentiments and internal company developments. On a particularly tumultuous Friday, Tesla managed to reverse earlier losses, achieving a modest increase of 0.7% shortly before 11:10 a.m. ET, thus erasing a steep loss that saw shares plummet as much as 6% during U.S. premarket
2024 has firmly established itself as a groundbreaking year for cryptocurrencies, marking a significant phase in their evolution. Bitcoin, the flagship digital asset, has distinguished itself as an unparalleled performer in investment circles—capturing the attention of both seasoned investors and newcomers alike. The formidable rise of Bitcoin, boosted by the launch of new exchange-traded funds
In a strategic pivot aimed at enhancing its foothold in the competitive landscape of artificial intelligence (AI), Alibaba has announced an unprecedented reduction in prices for its large language models (LLMs) by as much as 85%. This decision, made public by the company’s cloud computing arm, Alibaba Cloud, signifies a critical moment in the ongoing