Netflix co-founder and CEO Reed Hastings is donating $120 million to historically black colleges such as Morehouse and Spellman, he told the Wall Street Journal. Some of the funds will also go to the United Negro College Fund, which Hastings said he has been donating to for years. News of the donation comes a day after Recode reported that Hastinngs had put $20 million into building a retreat in...
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Google’s Standoff with AI Chip 'Shark' Broadcom
Jim Cramer, CNBC’s “Mad Money” host, took a swipe at our report today that Google has set an internal goal to break from Broadcom, its supplier of artificial intelligence chips. Cramer called the story “patently false” on X. Cramer, who has been particularly bullish on Broadcom lately, is often criticized for dispensing bad advice—for example, telling his viewers earlier this year to buy shares...
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