Category: Economy

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that those computers […]

Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman Fatih Ozmen will serve as interim CEO, with Eren Ozmen as president. “After three and half years in the role, Tom Vice has retired as Sierra Space CEO as of the end of 2024 — we […]

Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake. “It’s definitely something of interest,” said Manning, who spoke in a CNBC Sport interview. “There’s probably only one team I’d be interested in pursuing, and it’s the […]

Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations. The Park City Professional Ski Patrol Association, a union representing patrollers at the Utah mountain of the same name, went on strike late last month. The work stoppage has spurred complaints of long lines, closures and […]

Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced on Monday. Disney will become majority owner of the resulting company — the publicly traded Fubo company — with a 70% ownership stake. Fubo shareholders will own the remaining 30% of the company. The deal is expected to […]