Author: Editor-In-Chief
‘Year of Efficiency’ Will Mark Zuckerberg Return to Metaplatform? The social media giant’s shares rose more than 5% to $676 each at Thursday’s high after Bloomberg reported that Mr. Zuckerberg plans to cut Metaverse spending by up to 30%. Metaverse Group is working on its virtual “Horizon World” environment and Quest series of virtual reality headsets. It’s been a while. Meta’s slump in 2022 came as the Federal Reserve aggressively raised interest rates to combat high inflation and as investors grew concerned that Mr. Zuckerberg was spending countless sums of money building virtual worlds with little idea of when he…
The Government Accountability Office announced Thursday that it has opened an investigation into Federal Housing Finance Agency Director Bill Pruitt, who has served as an attack dog for President Donald Trump’s enemies.The congressional watchdog investigation had been requested by a group of Senate Democrats, who had asked GAO to determine whether Pulte and other FHFA officials “misused the power and resources of the federal government” in pursuing information about President Trump’s targets.“Specifically, we request an investigation into Secretary Pruitt’s recent referral of New York Attorney General Letitia James, U.S. Sen. Adam Schiff, Federal Reserve Board Chair Lisa Cook, and Congressman…
The US State Department announced Thursday that the United States is reviewing its relationship with Tanzania following a brutal crackdown on protesters following a disputed presidential election in October. United Nations human rights experts estimate that hundreds of people were shot dead and hundreds more detained in the aftermath of the vote. “The Tanzanian government’s continued repression of religious freedom and freedom of speech, persistent obstacles to U.S. investment, and disturbing acts of violence against civilians in the days leading up to and following the October 29 elections in Tanzania require us to reconsider our relationship,” State Department Deputy Spokesman…
Newcastle United’s new chief executive, David Hopkinson, sees the club being one of the biggest in the world by 2030.Three months to the day since taking on the role at St James’ Park, Hopkinson outlined his medium-term vision in a wide-ranging interview that included fresh information on club’s plans for a new stadium and training ground, owners PIF and the inner workings of the club he labels a “rocket ship” waiting to take off. The 54-year-old, who previously held roles at global giant Real Madrid and US basketball greats New York Knicks, was joined in an in-depth chat by Newcastle’s…
Israel has not talked about the “war” in Gaza for weeks. After all, there is a ceasefire, right? The fact that more than 350 Palestinians, including more than 130 children, were killed during this so-called “ceasefire” period is nowhere to be found, as is the fact that Israel killed them. Palestinians die because that is their purpose. There’s nothing to discuss.But Prime Minister Benjamin Netanyahu’s request for amnesty is yet another waxball. That’s all everyone in Israel is talking about, on all sides of the political divide. Nothing reflects the Netanyahu era more than this (my daughter, who is 22…
Catherine Delahaye | Digital Vision | Getty ImagesMedicare beneficiaries have until Dec. 7 to take advantage of the annual open enrollment period.Experts say now is a good time for retirees who rely on prescription drugs to assess their medical costs for the coming year. Medicare’s annual open enrollment allows beneficiaries to change their private Medicare Advantage plan, which includes drug coverage, or change their Medicare Part D prescription plan if they have Original Medicare, which includes hospital and medical insurance Parts A and B. Beneficiaries can also switch from Medicare Original to Medicare Advantage and vice versa.While special opportunities to…
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Thursday’s key moments. 1. Stocks were little changed Thursday as Wall Street missed mixed labor market data. The announcement of U.S. job cuts in November brought the annual total to more than 1.1 million, the highest level since 2020, according to employment agency Challenger, Gray & Christmas. However, the number of new jobless claims for the week ending November 29 was lower than expected. Despite quiet trading, the market is still overbought, says Jim Cramer. In other words, we have no…
Assessing some of the key potential factors at play for the Decider in the Desert as Lando Norris, Max Verstappen and Oscar Piastri take 2025’s unpredictable battle for the Formula 1 world title down to the nerve-jangling wire.Who will have the fastest car in Abu Dhabi?The good news for the prospect of a close-fought three-way title decider is that there is no reason to think either McLaren or Red Bull will not be quick on track in Abu Dhabi this weekend. The Yas Marina Circuit, which is closing out the Formula 1 season for the 12th successive year, features sections…
Apple on Thursday unveiled its annual list of App Store Award winners, continuing its tradition of recognizing the best apps and games of the past year. The iPhone app of 2025 winner was the visual planner Tiimo, and the iPhone game of the year was the card game Pokémon TCG Pocket. While Apple has continued to avoid naming dedicated AI apps or AI chatbots as App of the Year, AI was featured among this year’s winners. For example, Tiimo, Apple’s app of the year, is described as a visual AI planner that turns to-dos into plans with visual timelines. The…
From Instagram to tap-to-pay to ChatGPT-generated grocery lists, technology is optimizing the way we stay connected to others and even the mundane aspects of our daily lives. That means we spend a lot of time on our devices.Americans spend an average of 5 hours and 16 minutes a day on their smartphones, according to a 2024 report from data management company Harmony Healthcare IT. While we have to engage with all these technologies, whether at work or in our off-time, it can be difficult to fully participate in daily life. Especially as more and more algorithms are programmed to serve…