15 – Breaking News & Latest Updates 2026
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Jacob Kastrenakes

Jacob Kastrenakes

Executive Editor

Executive Editor

    More From Jacob Kastrenakes

    Jacob Kastrenakes
    Jacob Kastrenakes
    “Is this coming across clearly?”

    At the DealBook event, Musk tried to clarify his comments on Jewish activist groups, but I’m not sure it came across quite as he hoped — still casting blame on Jewish activists and other persecuted groups with broad and generalized accusations.

    He said there are activist groups across the US who are supporting Hamas, and “a number of those organizations received funding from people in the Jewish community.” He said the problem was that they supported “persecuted groups in general” and that some of those groups “unfortunately want your annihilation.”

    “Perhaps you should not fund them,” he said.

    Jacob Kastrenakes
    Jacob Kastrenakes
    “It’s gonna kill the company.”

    Musk says the advertiser boycott could be X’s downfall. He seems somewhere between resigned and mad.

    “That will be what bankrupts the company and that is what everybody on Earth will know,” Musk said.

    He gave a shoutout to Bob Iger during his “go fuck yourself” bit.

    Jacob Kastrenakes
    Jacob Kastrenakes
    Musk says the antisemitic post was a “mistake.”

    Here’s Musk responding onstage at DealBook:

    I should in retrospect not have replied to that one person and should have written in greater length what i meant. But those clarifications were ignored by the media and essentially I handed a loaded gun to those who hate me and arguably to those who are antisemitic. And for that I’m quite sorry, that was not my intention.

    He later called it, “One of the most foolish — if not the most foolish — thing I’ve done on the platform.”

    Of course, when it comes to how Musk feels about the advertiser boycott in response, he isn’t so willing to acknowledge his role in the matter.

    Jacob Kastrenakes
    Jacob Kastrenakes
    Alright, Elon’s on, and he can’t stop cracking jokes.

    Andrew Ross Sorkin is talking about how long Musk has been building his businesses. “It’s not been boring, that’s for sure,” Musk said. “Actually, technically, I do have a Boring Company.”

    Follow along at our Storystream:

    Jacob Kastrenakes
    Jacob Kastrenakes
    Does FTC chair Lina Khan subscribe to Amazon Prime?

    No surprise: “I don’t,” she tells DealBook’s Andrew Ross Sorkin. Why not? “I just haven’t.”

    Her commission is now suing Amazon for alleged monopoly behaviors.

    Jacob Kastrenakes
    Jacob Kastrenakes
    Huang seems skeptical of Huawei building a 7nm chip.

    There was a big shock earlier this year about Huawei’s development, but Nvidia’s CEO doesn’t see it as a huge deal.

    “These are just numbers. Is it really 7? Did they shrink it down to something sufficiently good that you can make a phone from? There’s no magic in these numbers. It’s just 7.”

    Jacob Kastrenakes
    Jacob Kastrenakes
    The US is at least a decade away from an independent chip supply chain,

    says Nvidia’s CEO at the DealBook 2023 event. “We should try it, we should endeavor it ... but total independence of supply chain is not a real thing for a decade or two,” Jensen Huang says.

    Hundreds of OpenAI employees threaten to resign and join MicrosoftHundreds of OpenAI employees threaten to resign and join Microsoft
    Jacob Kastrenakes and Tom Warren
    Jacob Kastrenakes
    Jacob Kastrenakes
    Tim Cook got dinner last night with Chinese President Xi Jinping.

    According to Bloomberg, he was seated at Xi’s lengthy table alongside the CEOs of Qualcomm, Broadcom, Visa, and quite a few others. Xi hosted the dinner in San Francisco after meeting with President Biden earlier in the day.