Breaking News: Technology

Lawyer for Sam Bankman-Fried urges provision of Adderall for his ADHD treatment while in jail

Lawyer for Sam Bankman-Fried urges provision of Adderall for his ADHD treatment while in jail

FTX Founder Sam Bankman-Fried’s legal team is requesting uninterrupted access to his prescribed medication while he is in jail. This includes Adderall for the treatment of Attention-Deficit/Hyperactivity Disorder (ADHD). In a letter to Judge Lewis Kaplan, Bankman-Fried’s attorney, Mark Cohen, explained that Bankman-Fried has been prescribed Emsam 9mg/24 hrs transdermal patch for depression for over …

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Jim Cramer Recommends Investors to Buy Some Shares of His ‘Favorite Stock’

Jim Cramer Recommends Investors to Buy Some Shares of His ‘Favorite Stock’

Every weekday, the CNBC Investing Club, led by Jim Cramer, conducts a “Morning Meeting” livestream at 10:20 a.m. ET. Let’s review the key moments from Monday’s session: 1. U.S. stocks saw a rise on Monday, although August continues to be challenging. Nvidia (NVDA), which has been experiencing a downturn recently, experienced a 5.5% surge at …

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Changing Your Default Credit Card: A Step-by-Step Guide

Changing Your Default Credit Card: A Step-by-Step Guide

Apple CEO Tim Cook speaks during an Apple special event at the Steve Jobs Theater in Cupertino, California, March 25, 2019. Stephen Lam | Reuters Nowadays, I rarely find the need to use a debit or credit card to make payments. Unless I’m at a restaurant, I simply use my iPhone to conveniently make transactions …

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U.S. Investment in Select Chinese Tech Restricted as Biden Signs Executive Order

U.S. Investment in Select Chinese Tech Restricted as Biden Signs Executive Order

In a move aimed at regulating new U.S. investments and expertise that supports Chinese development of sensitive technologies, President Joe Biden signed an executive order on Wednesday. This measure, expected to be implemented next year, targets investment in semiconductors and microelectronics, quantum computing, and certain artificial intelligence capabilities. Biden warned that certain American investments may …

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Should the U.S. reconsider investing in China?

Should the U.S. reconsider investing in China?

A stock photo of a processor unit, with the flags of the United States and China to illustrate the escalating global race for technology supremacy between the two largest economies in the world. Blackdovfx | Istock | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open …

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Telesat Changes Internet Satellite Suppliers, Saving $2 Billion

Telesat Changes Internet Satellite Suppliers, Saving Billion

A rendering of Telesat’s low earth orbit broadband constellation. Telesat Shares of Canadian telecommunications satellite operator Telesat soared on Friday following the announcement of a supplier change for its upcoming Lightspeed global internet network. Canadian space company MDA will now be responsible for building the Lightspeed satellites, replacing the previous supplier, French-Italian manufacturer Thales Alenia …

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Indictment Issued for Hacker Behind ‘Bulletproof’ Lolekhosted Ransomware

Indictment Issued for Hacker Behind ‘Bulletproof’ Lolekhosted Ransomware

FBI Director Christopher Wray testified before the House Judiciary Committee on the alleged politicization of law enforcement and the oversight of the Federal Bureau of Investigation. This hearing took place on Capitol Hill in Washington, D.C. on July 12, 2023 (source: Reuters, Jonathan Ernst). In an announcement made on Thursday, federal prosecutors revealed that the …

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