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Search resuls for: "— CNBC's Eamon Javers"


4 mentions found


☆ U.S. regulators to open antitrust probes into Nvidia, Microsoft and OpenAI
  + stars: | 2024-06-06 | by ( Hayden Field Eamon Javers | Hayden Field | Eamon Javers | ) www.cnbc.com   time to read: +4 min
OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. The Federal Trade Commission and the Justice Department are set to open antitrust investigations into Microsoft , OpenAI and Nvidia , examining the powerful companies' influence on the artificial intelligence industry, a source familiar confirmed to CNBC. The FTC will take the lead on looking into Microsoft and OpenAI, while the DOJ will focus on Nvidia, and the investigations will focus on the companies' conduct, rather than mergers and acquisitions, according to the source. The news also follows the FTC's January decision to conduct an extensive study on AI industry heavyweights, including Amazon , Alphabet , Microsoft, Anthropic and OpenAI. Microsoft and OpenAI did not immediately respond to requests for comment.
Persons: Sam Altman, Kevin Scott, Anthropic, Claude chatbots, that's, Lina Khan, Khan, OpenAI, — CNBC's Eamon Javers Organizations: Microsoft Chief Technology, Artificial, Microsoft, Federal Trade Commission, Justice Department, Nvidia, CNBC, FTC, DOJ, New York Times, Google, Meta Locations: Redmond , Washington
☆ Epstein accuser seeks new testimony from JPMorgan CEO Jamie Dimon
  + stars: | 2023-06-09 | by ( Dan Mangan | ) www.cnbc.com   time to read: +3 min
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., right, at the US Capitol following a meeting with Senate Majority Leader Chuck Schumer in Washington, DC, US, on Wednesday, May 17, 2023. Lawyers for a Jeffrey Epstein victim asked a federal judge on Friday to allow them to take new testimony from JPMorgan Chase CEO Jamie Dimon and others as part of a lawsuit against the bank over its dealings with sex predator Epstein. JPMorgan denies any wrongdoing but has said it regrets having had Epstein as a client. McCawley noted that Rakoff in May had admonished JPMorgan for turning over documents to the plaintiff's legal team "at an inexplicably slow rate." "This pattern of producing documents from the custodial files of witnesses after their depositions has persisted throughout the discovery period."
Persons: Jamie Dimon, Chuck Schumer, Jeffrey Epstein, Epstein, Dimon, Jed Rakoff, Sigrid McCawley, Jane Doe, Mary Erdoes, Mary Casey, McCawley, JPMC, Joseph Evangelisti, Jamie, —, Eamon Javers Organizations: JPMorgan Chase &, JPMorgan Chase, Court, JPMorgan, U.S . Virgin, CNBC Locations: Washington , DC, Manhattan, U.S
☆ FTX founder Sam Bankman-Fried's two bond guarantors unsealed, both with ties to Stanford
  + stars: | 2023-02-15 | by ( Rohan Goswami | ) www.cnbc.com   time to read: +2 min
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. The names of two of FTX co-founder Sam Bankman-Fried's guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. In all, there were four guarantors, including his parents, to ensure Bankman-Fried's cooperation with pretrial detention requirements. Kramer signed a $500,000 unsecured bond, while Paepcke signed the same bond for $250,000. WATCH: Prosecutors say Sam Bankman-Fried's contact with FTX employees suggests witness tampering
☆ Feds charge 21 people in global crypto money laundering bust
  + stars: | 2022-11-30 | by ( Rohan Goswami | ) www.cnbc.com   time to read: +2 min
A member of the US Secret Service speaks on a cellphone as US President-elect Donald Trump attends meetings at the US Capitol in Washington, DC, November 10, 2016. The charges were unsealed as part of "Operation Crypto Runner," which was established by U.S. Attorney Brit Featherston of the Eastern District of Texas, the Secret Service and the U.S. We are committed to bringing each of the remaining perpetrators to justice," Secret Service Special Agent William Smarr said. "This case proves that we can track these people down and charge them," Secret Service Resident Agent in Charge Bill Mack told CNBC's Eamon Javers. The U.S. Attorney for the Eastern District of Texas also shared further details about some of the individuals named in indictments or who had pled guilty.
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