CoreWeave CEO Michael Intrator unpacked the cloud computing company’s first day on the market in a Friday interview with CNBC’s Jim Cramer, defending its decision to raise a hefty debt load. “The debt is the engine, it’s the fuel for this company,” Intrator said. “We go out, we find great contracts with great counterparties that…
Juan Soto’s first game with the Mets didn’t live up to the hype of his monumental offseason, but his second one gave New York fans a reminder of what the 26-year-old slugger brings to the table. In his second at-bat of the night against the Houston Astros, the lefty Soto smashed a 390-foot home run…
Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court,…
Columbia University’s interim president, Katrina Armstrong, is stepping aside and the co-chair of its board of trustees, Claire Shipman, has been named acting president, the university said in a statement on Friday. Armstrong is returning to lead the university’s Irving Medical Center, Columbia University said, adding: “Board of trustees co-chair Claire Shipman has been appointed…
Charlotte Hornets guard LaMelo Ball will undergo arthroscopic surgery to address “a right ankle impingement” and miss the remainder of the 2024-25 NBA season, the team announced in a statement on Friday. Ball will also have a minor procedure on his right wrist, according to the statement. He averaged 28.3 points, 8.3 assists, 5.5 rebounds…
A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Taiwan investigators on Friday alleged that Chinese chipmaker Semiconductor Manufacturing International Co. (SMIC) illegally recruited high-technology talent. Taiwan’s Ministry of Justice Investigation Bureau (MIJB)…
The Baltimore Ravens extended coach John Harbaugh’s contract by three years, taking him through the 2028 season. The 62-year-old Harbaugh is the Ravens’ all-time winningest coach with a 172-104 record over 17 seasons, not including going 13-11 in the playoffs. He is the second-longest-tenured active coach behind Mike Tomlin, who has been with the Pittsburgh…
The main gate at The Walt Disney Studios in Burbank, California, on Sept. 25, 2023. Mario Anzuoni | Reuters The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC, the agency that regulates…
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion. “xAI and X’s futures are intertwined,” Musk, the world’s richest person, wrote in a post on X. “Today,…
The US’s top media regulator on Friday said it was opening an investigation into the diversity practices of Walt Disney and its ABC unit, saying they may violate equal employment opportunity regulations. Brendan Carr, the Federal Communications Commission (FCC) chair, wrote to the Disney CEO, Robert Iger, in a letter dated on Thursday that the…
