Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: hood Clear Filter

Robinhood is up 160% this year, but several obstacles are ahead

Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks. Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower. The reversal came after a Bloomberg report that JPMorgan plans to start charging fintechs for access to customer bank data, a move that could raise costs across the industry. For fintech firms that rely on thin margins to

Robinhood CEO downplays OpenAI concerns on tokenized stock structure

Robinhood CEO Vlad Tenev says it's not "entirely relevant" that the trading platform's so-called tokenized shares of OpenAI and SpaceX aren't technically equity in the companies. It comes after OpenAI raised concerns about the product, which is designed to give users in the European Union exposure to various U.S. stocks — including private companies, which are less liquid than publicly listed firms. OpenAI last week warned that Robinhood's stock tokens do not represent equity in the company an

Robinhood stock tokens face scrutiny in the European Union after OpenAI warning

Lithuania's central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week. "We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the related consumer communication," Bank of Lithuania spokesman Giedrius Šniukas told CNBC via email. "Only after receiving and evaluating this information will we be able to assess the legali

Robinhood Wants to Redo Wall Street on the Blockchain

Robinhood, the company behind one of the most popular trading apps for everyday investors, just revealed a sweeping new vision for the future of finance. And its bold plan seems to leave traditional Wall Street institutions behind. The company announced a daring set of new products this week from Cannes, France. These offerings are designed to move traditional financial assets, like company stocks, investment funds (ETFs), and even complex trading tools called derivatives, entirely onto the blo

OpenAI Warns You Not to Buy Its Fake Stock

OpenAI has a message for anyone who thinks they’re about to cash in on the AI boom by buying a new “OpenAI token” on Robinhood: Don’t. But in a chaotic turn, Elon Musk just suggested that even the company’s real equity might be an illusion. The maker of ChatGPT, in a rare public warning posted on X (formerly Twitter), disavowed any involvement with crypto-like financial products claiming to offer a piece of its business. “These ‘OpenAI tokens’ are not OpenAI equity,” the company wrote. “We did

Owning a Piece of ChatGPT Was Already Messy. Then Elon Musk Made It Weirder

OpenAI has a message for anyone who thinks they’re about to cash in on the AI boom by buying a new “OpenAI token” on Robinhood: Don’t. But in a chaotic turn, Elon Musk just suggested that even the company’s real equity might be an illusion. The maker of ChatGPT, in a rare public warning posted on X (formerly Twitter), disavowed any involvement with crypto-like financial products claiming to offer a piece of its business. “These ‘OpenAI tokens’ are not OpenAI equity,” the company wrote. “We did

OpenAI disavows online broker Robinhood's sale of 'OpenAI tokens'

'We did not partner with Robinhood, were not involved in this and do not endorse it.' OpenAI has condemned online brokerage firm Robinhood's sale of "OpenAI tokens," saying they will not give consumers stock in the company. "We did not partner with Robinhood, were not involved in this, and do not endorse it," the company said in a post on X, adding that the tokens are not equity and that it did not give approval for any transfer. The statement addresses a recent move by Robinhood to provide Eu

OpenAI condemns Robinhood’s ‘OpenAI tokens’

OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity

Robinhood stock hits $100 as it roars 30% since S&P 500 snub

CANNES — Robinhood stock hit the $100 mark for the first time, capping off a week of fresh all-time highs and renewed investor confidence. Shares closed up 6.12% Wednesday at $97.98. Shares are now tracking their best performance since April, up more than 30% since the trading app was snubbed from the S&P 500. The milestone follows a major strategic swing in Europe, where Robinhood unveiled its most ambitious crypto expansion to date — one aimed at re-engineering the financial infrastructure i

OpenAI says Robinhood's tokens aren't equity in the company

OpenAI is distancing itself from Robinhood 's latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe. "These 'OpenAI tokens' are not OpenAI equity," OpenAI wrote on X. "We did not partner with Robinhood, were not involved in this, and do not endorse it." The company said that "any transfer of OpenAI equity requires our approval — we did not approve any transfer," and warned users to "please be careful." Robinhood announced the lau

Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500

CANNES — Robinhood stock hit the $100 mark for the first time, capping off a week of fresh all-time highs and renewed investor confidence. Shares are now tracking their best performance since April, up more than 30% since the trading app was snubbed from the S&P 500. The milestone follows a major strategic swing in Europe, where Robinhood unveiled its most ambitious crypto expansion to date — one aimed at re-engineering the financial infrastructure itself. At an event held in a Belle Époque m

Breaking Down the 'Ironheart' Season Finale's Big Marvel Reveal and Post-Credits Scene

After two weeks on Disney Plus, Ironheart aired its season finale during a three-episode drop on Tuesday night. Though the show didn't serve as a vehicle for Riri Williams' introduction into the Marvel universe, it's brought in new and not-so-new characters that we recognize from the comic books and greater MCU -- even if some of them were only present in spirit. The penultimate episode saw Riri, Ezekiel/Joe and Parker confront their daddy issues in their own ways, with the latter putting a gun

Let's Talk About the 'Ironheart' Finale and Post-Credits Scene

After two weeks on Disney Plus, Ironheart aired its season finale during a three-episode drop on Tuesday night. Though the show didn't serve as a vehicle for Riri Williams' introduction into the Marvel universe, it's brought in new and not-so-new characters that we recognize from the comic books and greater MCU -- even if some of them were only present in spirit. The penultimate episode saw Riri, Ezekiel/Joe and Parker confront their daddy issues in their own ways, with the latter putting a gun

Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

CANNES — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout. It is the company's first move to make private equity accessible via blockchain. The announcement, which came Monday during the company's product showcase in Cannes, is part of a broader push to expand Robinhood's crypto footprint globally. The tokenized assets will be available exclusively through Robinhood's

Third places and neighborhood entrepreneurship (2024)

Sociologists have shown that “third places” such as neighborhood cafés help people maintain and use their network ties. Do they help local entrepreneurs, for whom networks are important? We examine whether the introduction of Starbucks cafés into U.S. neighborhoods with no coffee shops increased entrepreneurship. When compared to census tracts that were scheduled to receive a Starbucks but did not get one, tracts that received a Starbucks saw an increase in the number of startups of 9.1% to 18%

'Ironheart' Review: Marvel Series Is Not Too Heavy, but It's Not Too Light, Either

The first time Riri Williams' solo TV show was mentioned was in 2020 when Kevin Feige announced Ironheart and Secret Invasion along with a few other Marvel Phase 5 releases. He said both series would tie in with Marvel's feature films. It's true: Ironheart is connected to the larger MCU -- aside from Black Panther: Wakanda Forever -- and for that reason alone, you should watch all six episodes of the series to the end. All the way to the very end. Ironheart is streaming its first three episodes

Childhood leukemia: how a deadly cancer became treatable

Childhood leukemia: how a deadly cancer became treatable Before the 1970s, most children affected by leukemia would quickly die from it. Now, most children in rich countries are cured. In the past, when I’d hear the words childhood leukemia, I’d picture a young child who suddenly became seriously ill, and whose parents were told their child had only a few years to live. I’d wonder how a child might grasp the idea of limited time, or how painful it must have been to face the possibility of miss

6 Things We Liked, and 4 We Didn’t, About Your Friendly Neighborhood Spider-Man

While the jury is still out on whether or not Marvel is “back” after the mixed reception of the not-so-brave and not-so-new Captain America film, things are continuing on the upswing in the animation department. Marvel Animation’s latest romp, Your Friendly Neighborhood Spider-Man, has been must-watch weekly television on Disney+. This is saying a lot since it’s been vying for comic book fans’ attention by streaming against the likes of Prime Video’s Invincible season three. Amid the long-stand