The UN says at least 700 people have been killed in intense fighting in Goma, the largest city in eastern Democratic Republic of Congo, since Sunday. UN spokesman Stéphane Dujarric said 2,800 people have been injured, as M23 rebels – backed by Rwanda – captured the capital of North Kivu province. The rebels are now…
Google’s Senior Vice President Hardware, Rick Osterloh, speaks during a launch event in San Francisco, October 4, 2017. Stephen Lam | Reuters Google is offering buyouts to employees in its “Platforms and Devices” unit ahead of expected cuts. That unit includes more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google…
Faisal Bashir | Lightrocket | Getty Images China’s DeepSeek became the biggest topic in tech this week, with many in the industry and on Wall Street focused on a single number: $6 million. In DeepSeek’s paper about its newest artificial intelligence model, the company said that its total training costs amounted to $5.576 million, based…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small…
U.S. President Donald Trump signs executive orders in the Oval Office at the White House in Washington, U.S., Jan. 30, 2025. Elizabeth Frantz | Reuters In an apparent ending to weeks of intense speculation, the White House confirmed Friday that President Donald Trump will be leveling aggressive tariffs this weekend on major U.S. trading partners….
Palantir CEO Alex Karp said the rise of competing artificial intelligence models such as China’s DeepSeek is a sign that the U.S. needs to work quicker to develop advanced AI. “Technology is not inherently good,” and could pose threats in the hands of adversaries, Karp told CNBC’s Sara Eisen in an interview airing Friday. “We…
Switzerland’s highest court has convicted the commodities trading giant Trafigura and one of its senior executives of bribery over payments made by the firm to gain access to Angola’s lucrative oil market. In a landmark case, the court handed the company’s British former chief operating officer Mike Wainwright – who has also competed as a…
Mike Cannon-Brookes, co-founder of software company Atlassian Corp., in Sydney, Australia, Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 18% after the software company blew past Wall Street’s fiscal second-quarter earnings and guidance expectations. The stock traded near a fresh 52-week high and was on pace for its best…
Following the midair crash of an American Airlines passenger plane with a Black Hawk military helicopter over the Potomac River on Wednesday night, José Andrés’s World Central Kitchen galvanized local chefs to feed the flurry of first responders conducting search and recovery operations on Thursday. They were joined by a riverboat cruise, Hornblower Group’s City…
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank’s target. The personal consumption expenditures price index increased 2.6% on a year-over-year basis in December, 0.2 percentage point higher than the November reading and in line with the Dow Jones estimate….
