Technology

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s recent annual shareholder meeting in Omaha was that cyber insurance, while currently profitable, still has too many unknowns and risks for Berkshire, a huge player in the insurance market, to be fully comfortable underwriting.

Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024. Jason Redmond | AFP | Getty Images Binance’s billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao’s defense team at Latham & Watkins to confirm that the former crypto chief is

Dell Technologies CEO Michael Dell speaks during the MWC session ‘New strategies for a new era’ on the first day of the 18th edition of the Mobile World Congress (MWC) at Fira de Barcelona’s Gran Via venue in L’Hospitalet de Llobregat on February 26, 2024, in Barcelona, Catalonia, Spain. Kike Rincon | Europa Press |

MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 26% in extended trading on Thursday after the database software maker issued light guidance for the quarter and reduced its forecast for the full fiscal year. Here is how the company did, compared to the LSEG consensus: Earnings per share: 51

Marc Benioff, co-chief executive officer of Salesforce.com Inc., speaks during a Bloomberg Television interview at the 2022 Dreamforce conference in San Francisco, California, US, on Thursday, Sept. 22, 2022. Benioff shared his excitement over data indicating a decrease in San Francisco’s total homeless population. Photographer: David Odisho/Bloomberg via Getty Images David Odisho | Bloomberg | Getty

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Salesforce shares plummeted as much as 17% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s

PwC said the deal will see its U.S. and U.K. employees and clients gain access to the latest tools from OpenAI. Nurphoto | Nurphoto | Getty Images PwC landed a deal Wednesday with OpenAI to become the artificial intelligence company’s first resale partner and largest enterprise user. The Big Four accounting firm said its U.S.

Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in prison, followed by three years of supervised release. Salame has also been ordered to pay more than $6 million in forfeiture and more than $5 million in restitution. The sentence is

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images OpenAI on Tuesday said it created a safety and security committee led by senior executives, after disbanding its previous oversight board in mid-May. The new committee will be

Kevin Mayer, co-founder and co-CEO of Candle Media, speaks at the Milken Institute Asia Summit in Singapore on Sept. 29, 2022. Bryan van der Beek | Bloomberg | Getty Images Former TikTok CEO and Candle Media co-CEO Kevin Mayer says the hype around artificial intelligence has reached a crescendo, with company valuations looking “astronomical.” Speaking

Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. David Paul Morris | Bloomberg | Getty Images Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock to a

BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images PARIS — Chinese electric carmakers are expanding into Europe even as politicians raise the possibility of high tariffs on vehicles from the world’s second-largest economy. Nio

Linda Yaccarino, CEO of X, speaking at the VivaTech conference in Paris, France.  Benjamin Girette | Bloomberg | Getty Images PARIS — X CEO Linda Yaccarino took a hit at Australia on Friday after a faceoff with online safety regulators. The Elon Musk-owned social media platform X last week won a reprieve in Australia as

Patent protection for Wegovy — Novo Nordisk’s blockbuster weight loss drug, which contains the second generation GLP-1 active ingredient and is at least twice as effective — is expected to expire by the decade’s end. Michael Siluk | UCG | Getty Images For Gray Beard, a kindergarten teacher in Charlotte, North Carolina, losing weight had

Dr. Joshua Bederson places Precision Neuroscience’s electrodes onto a brain. Ashley Capoot As the lights dimmed in an operating room at The Mount Sinai Hospital in New York City, Dr. Joshua Bederson prepared to make history. Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, is no stranger to long hours

It’s been less than two weeks since Google debuted “AI Overview” in Google Search, and public criticism has mounted after queries have returned nonsensical or inaccurate results within the AI feature — without any way to opt out. AI Overview shows a quick summary of answers to search questions at the very top of Google