CNN – Business/Consumer

By Clare Duffy and David Goldman, CNN New York (CNN) — Sam Altman has agreed to return to lead OpenAI, the company said in a Tuesday post on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling

By Michelle Toh and Nectar Gan, CNN Hong Kong (CNN) — The chairman and CEO of Chinese video game live-streaming platform DouYu has been arrested, becoming the latest business leader to run afoul of authorities in the world’s second largest economy. DouYu (DOYU) said in a regulatory filing Tuesday that its chief, Chen Shaojie, had

By Liam Reilly and Clare Duffy, CNN (CNN) — Paris Hilton’s entertainment company 11:11 Media has pulled an advertising campaign from Elon Musk’s X just one month after announcing an exclusive partnership with the platform, becoming the latest brand to halt ad spending on the site formerly known as Twitter over concerns about antisemitism and pro-Nazi content on the site. “11:11 Media

By Allison Morrow, CNN New York (CNN) — There are few figures in crypto that have loomed quite as large in the past few years than Changpeng Zhao — better known as CZ — and the company he founded in 2017, Binance. Not only is Binance the world’s biggest crypto exchange, it is orders of

By Brian Fung and Samantha Delouya, CNN Washington (CNN) — A group of House Democrats has accused X, the platform formerly known as Twitter, of profiting from Hamas propaganda and misinformation about the Israel-Hamas war after reports by independent researchers found numerous accounts glorifying the US-sanctioned terror group. More than two dozen US lawmakers signed

By Oliver Darcy, CNN (CNN) — After days of silence following X owner Elon Musk’s endorsement of an antisemitic post, the NFL said Tuesday that it has conveyed its displeasure with the social media company. “The NFL unequivocally denounces all forms of hate speech and discrimination,” Brian McCarthy, the NFL’s chief spokesperson, said in a

By Peter Valdes-Dapena, CNN (CNN) — Ford has restarted work on an electric vehicle battery plant in Michigan, but the plant will be smaller than was originally planned. Ford paused work at the site in late September during the United Auto Workers strike, saying at the time that the company needed to reevaluate the scope

By Brian Fung, CNN (CNN) — Some legal experts are panning Elon Musk’s lawsuit targeting the watchdog group Media Matters, saying the complaint filed Monday by X, the platform formerly known as Twitter, runs contrary to the First Amendment and could backfire wildly — if it progresses at all. The lawsuit filed Monday accuses Media

By Matt Egan, Evan Perez, Allison Morrow, Holmes Lybrand, Sean Lyngaas and Bryan Mena, CNN New York (CNN) — Billionaire Changpeng Zhao and leading cryptocurrency exchange Binance pleaded guilty on Tuesday to federal charges in a watershed moment designed to bring order to the often-lawless crypto industry. As part of a coordinated settlement across the

By Brian Fung, CNN (CNN) — Nearly a week into a leadership crisis that’s thrown the artificial intelligence industry into chaos, OpenAI’s future along with that of its former CEO Sam Altman remain as uncertain as ever. If Altman’s abrupt ouster came as a surprise, it was nothing compared to the ensuing chaos and whiplash

CNN By Brian Fung, CNN (CNN) — Nearly a week into a leadership crisis that’s thrown the artificial intelligence industry into chaos, OpenAI’s future along with that of its former CEO Sam Altman remain as uncertain as ever. If Altman’s abrupt ouster came as a surprise, it was nothing compared to the ensuing chaos and

By Jordan Valinsky, CNN New York (CNN) — Kim Kardashian’s private equity firm has announced its first investment: A company that makes truffle-infused sauces that sell for about $20 a bottle. SKKY Partners, the company she formed last year with a former executive at Carlyle Group, has acquired a “significant minority stake” in Truff sauces.

By Chris Isidore, CNN New York (CNN) — American Airlines’ flight attendants’ union wants permission from the government to go on strike in 30 days. But you don’t need to worry about a strike screwing up your holiday travel plans. Airline employees are covered by the Railway Labor Act. Despite its name, the RLA covers