Business news
- Salesforce CEO calls AI a 'commodity feature', says the technology bolsters enterprise software - Salesforce CEO Marc Benioff told CNBC's Jim Cramer how his company uses AI.
- SoFi's stock drops on $1.5 billion share sale announcement - SoFi said it's selling $1.5 billion in stock after the company's market cap almost doubled this year.
- Apple announces departure of general counsel and policy chief - The two executives previously reported to Apple CEO Tim Cook and represent the latest sign that Apple's senior leadership is seeing a slew of exits.
- Congressional watchdog probes Trump FHFA chief Bill Pulte - Pulte has made allegations of mortgage fraud against New York Attorney General Letitia James, Fed Gov. Lisa Cook, Sen. Adam Schiff, and Rep. Eric Swalwell.
- FBI arrests suspect in Jan. 6 pipe bomb case: MS NOW - The FBI arrested a suspect believed to have placed pipe bombs outside the GOP and Democratic party offices prior to the Jan. 6 Capitol riot, MS NOW reported.
- Paramount questions Warner Bros. Discovery on 'fairness and adequacy' of sale process: Read the full letter - Paramount attorneys sent a letter to Warner Bros. Discovery questioning whether its acting in the best interest of shareholders.
- Layoff announcements this year top 1.1 million, the most since 2020 when pandemic hit, Challenger says - The firm said layoff plans totaled 76,835 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.
- Nvidia has a cash problem -- too much of it - Nvidia's recent slew of billion-dollar checks highlight the company's growing cash pile.
- Meta faces Europe antitrust investigation over WhatsApp AI policy - The European bloc has launched an antitrust investigation into the social media giant over its WhatsApp AI policy.
- RFK Jr.'s vaccine panel to vote on changing hepatitis B shot recommendation for babies - The current recommendation for babies to receive a hepatitis B shot within 24 hours of birth is credited with driving down infections in kids by 99%.