Meta’s Zuckerberg passes Jeff Bezos as world’s second wealthiest person
Mark Mahaney, Head of Internet Research at Evercore ISI, reveals key Big Tech stocks during an appearance on “Varney & Co.” Mark Zuckerberg is now the world's second-richest person, surpassing Amazon founder Jeff Bezos, and Meta CEO's personal wealth has soared to an all-time high. According to Bloomberg. It ousted Bezos from his spot on […]
AI will tamp down inflation, provide greater ‘social safety net,’ Silicon Valley businessman says
Sarah Ponchek and Luke Lloyd discuss the outlook for technology and AI, the impact on air cargo and shipping rates from Shane and Tem, and the Fed's treatment of interest rates. A prominent Silicon Valley businessman and venture capitalist believes that artificial intelligence can drive deflation and generate enough growth to help people who are […]
Helene forces closure of quartz plants critical to tech sector
Congressman Greg Murphy, RN.C. details the devastation caused by Hurricane Helen and the storm's impact on the upcoming presidential election. Authorities continue to evaluate Damage caused by Hurricane Helen It's occurring in the southeastern United States and could have a major impact on the tech industry if it hits one of the small towns in […]
Musk slams FCC for ‘illegally’ pulling Starlink award in light of Hurricane Helene
FOX News correspondent Alexandria Hoff reported on former President Trump's visit to the Hurricane Helen area in Georgia in a “special report.” billionaire entrepreneur Elon Musk The Federal Communications Commission's failure to move forward with an order to SpaceX's Starlink to provide rural broadband may have cost lives in Hurricane Helen-ravaged North Carolina, the Federal […]
Trump says he spoke to Elon Musk about deploying Starlink in Helene ravaged areas
FOX News correspondent Alexandria Hoff reported on former President Trump's visit to the Hurricane Helen area in Georgia in a “special report.” Former President Trump said he spoke with SpaceX CEO Elon Musk about deploying Starlink in the wake of Hurricane Helen. On Monday, President Trump mentioned the people in some areas that were hit […]
Verizon outage: Wireless carrier is aware of ‘issue impacting service’ as thousands of users report problems
See what's being clicked on FoxBusiness.com. A Verizon spokesperson told FOX Business on Monday that the wireless carrier is “aware of issues impacting service for some customers,” as tens of thousands of people across the U.S. are reporting service outages. spoke. “Our engineers are working diligently and are working quickly to identify and resolve the […]
OpenAI reportedly looking to ditch non-profit control
Perplexity founder and CEO Aravind Srinivas provides insight into the company's search engine in “The Claman Countdown.” According to the report, OpenAI is engaged in a corporate restructuring plan that would remove control from the ChatGPT creator's nonprofit board and transform the organization into a primarily for-profit organization. From Reuters. The plan includes giving CEO […]
Verizon plan to install 5G poles along popular Jersey Shore beach stirs uproar
See what's clicking on FoxBusiness.com. Jersey Shore residents and representatives from Verizon Wireless clashed Tuesday night over plans to install 5G towers along a popular beach. Officials in Spring Lake will hear public comment on telecom giant Verizon's application to install six 5G small cell poles along Ocean Avenue as part of the company's efforts […]
Open AI CEO says AI ‘superintelligence’ is coming sooner than you think
See what's clicking on FoxBusiness.com. Open AI CEO Sam Altman says the world may be just “thousands of days” away from creating artificial “superintelligence.” Altman made the claim in a personal blog post on Monday, declaring that the world is now at the “dawn of the Intelligence Age.” “This may be the most significant fact […]
‘Partisan politics’ is why FCC revoked Starlink’s rural internet award
Jared Isaacman, CEO of integrated payment processing solution Shift4, took part in the first-ever private spacewalk on Thursday, September 12, 2024. (Credit: @SpaceX via X) Last year's decision Federal Communications Commission (FCC) The Federal Communications Commission's (FCC) decision to reaffirm its cancellation of SpaceX's contract with Starlink to connect rural homes and businesses to the […]