Apple sues OpenAI alleging trade secret theft
Sam Altman, chief executive officer of OpenAI Inc., left, and Tim Cook, chief executive officer of Apple Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President…
Trump admin export rule benefits UAE firm MGX
The Commerce Department on Friday moved toward easing export controls on the United Arab Emirates, including by saying it will «favorably review» export license applications for MGX, the UAE-backed investment firm that used a stablecoin linked to…
OpenAI power consolidates under co-founder Greg Brockman ahead of IPO
Greg Brockman, president of OpenAI, arrives at a federal courthouse as the trial in Elon Musk’s lawsuit over OpenAI’s for-profit conversion continues, in Oakland, California, May 6, 2026. Manuel Orbegozo | Reuters There’s a new…
SK Hynix rises 13% in Nasdaq debut. Chairman says ‘demand is enormous’
SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake in South Korea’s second-most valuable company. The stock is trading under the ticker symbol SKHYV, and will…
The ETF market is pushing the limits of the leverage it can handle
Next week, several exchange-traded fund companies plan to hit the market with the latest ETFs, offering a way to add leverage to bets on single stocks, in this case, on the South Korean chip giant SK Hynix, which began trading in the U.S. on Friday. The…
Trump purges Election Assistance Commission members
U.S. President Donald Trump speaks to members of the press aboard the new Air Force One on July 8, 2026. Win Mcnamee | Getty Images President Donald Trump ousted the three remaining members of the Election Assistance Commission, with less than four…
Beta wraps first test flight in big U.S. government bet on air taxis
BETA Technologies’ all-electric ALIA CTOL conventional takeoff and landing aircraft flies over Chicago. Courtesy: BETA Technologies Beta on Friday said it wrapped up the first test flights in the U.S. government’s sweeping electric vertical…
Kraken is rebuilding its app around agentic trading as crypto exchanges evolve beyond crypto
Kraken is preparing to reintroduce its app with agentic trading at its core, a development that could mark the next major competitive battleground for crypto exchanges, the company told CNBC exclusively. Agentic trading is when AI agents autonomously…
Stablecoin issuer Circle just got the greenlight to operate as a bank. The shares are up 7%
Stablecoin issuer Circle surged after the U.S. Office of the Comptroller of the Currency, or OCC, granted it approval Friday to operate as a trust bank, the company said. Shares of the company gained more than 7%. The approval gives the company the…
Trump says he won’t sign housing bill, which would become law automatically
U.S. President Donald Trump sits in the Oval Office of the White House in Washington, D.C., U.S., June 26, 2026. Ken Cedeno | Reuters President Donald Trump on Friday said he will not sign a bipartisan housing bill that Congress passed last month, in…