Author: franperez66q@protonmail.com
OpenAI under investigation by coalition of state attorneys general, WSJ reports Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks were mixed Friday as investors weighed the possibility of a peace deal between the U.S. and Iran while preparing for the highly anticipated SpaceX IPO. The markets briefly turned lower after President Donald Trump warned that Iran “better get their act together” despite reports that a potential agreement remains on the table. Oil also came off its session lows but remained down about 1% near $87 a barrel as traders continued to bet…
A photo shows a poster depicting U.S. President Donald Trump, Russian President Vladimir Putin and Chinese President Xi Jinping and reading “Breaking with Europe now of all times? NO on the SVP-Chaos-Initiative” in Thayngen, northern Switzerland, on June 1, 2026. Sebastien Bozon | Afp | Getty ImagesSwitzerland, a wealthy country that has historically embraced free movement and foreign investment, is about to vote on whether to cap its population — and restrict immigration measures to do so.Sunday’s referendum comes after the country’s population increased 10% in the 10 years up to the end of 2025, when it stood at just…
CFTC weighs blocking CME’s 24/7 oil futures contract – Bloomberg Source link
Anthropic completely shut off access to its Mythos 5 and Fable 5 models Friday night, just days after they were launched. The move comes after Anthropic’s receipt of a US Commerce Department directive Friday evening, subjecting the new models to export controls restricting their use anywhere outside the United States. In a message posted Friday night, Anthropic said the only way for it to ensure compliance with that government order in the immediate term “is that we must abruptly disable Fable 5 and Mythos 5 for all our customers.” Access to other Anthropic models is not affected. An Axios report…
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. Amanda Perobelli | ReutersA federal appeals court has upheld the conviction of cryptocurrency entrepreneur and FTX co-founder Sam Bankman-Fried, finding that the 2023 trial that led to his 25-year prison sentence was not unfair.The 2nd U.S. Circuit Court of Appeals in Manhattan said Friday the government’s evidence against the once high-profile player in the cryptocurrency industry was “conservatively stated, robust.”A jury found that Bankman-Fried defrauded customers and investors of…
China ’strongly dissatisfied’ with Pentagon move against top Chinese tech firms Source link
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty ImagesOpenAI on Friday said it intends to “engage constructively” with state attorneys general and will take their concerns “seriously,” a spokesperson told CNBC. The company’s statement landed after The Wall Street Journal reported that a coalition of state attorneys general opened an investigation into the artificial intelligence company. OpenAI was reportedly served with a subpoena seeking information about its approach to advertising, consumer and health data, minor and…
Ken Leech, former co-chief investment officer for Western Asset Management Co., exits federal court in New York, US, on Monday, Dec. 16, 2024.Yuki Iwamura | Bloomberg | Getty ImagesKenneth Leech, a former star bond manager at Western Asset Management Co, pleaded guilty on Friday to obstructing a probe into alleged “cherry-picking,” the assigning of profitable trades to favored investors and losing trades to other investors.Leech admitted to one count of obstructing a U.S. Securities and Exchange Commission proceeding, averting a scheduled Monday trial in Manhattan federal court.The former co-chief investment officer of Wamco, as his former employer is known, had faced four fraud charges for allegedly orchestrating a more than $600 million cherry-picking scheme from January 2021 to October 2023.…
Retail investors build big dreams on small slices of SpaceX Source link