Author: Editor-In-Chief
Thomas Trachell | Getty ImagesShopify suffered an outage on Cyber Monday, leaving some businesses unable to manage transactions on one of the biggest shopping days of the year.In an update to its status page, the Canadian e-commerce company said some merchants are experiencing problems logging into Shopify, and others are unable to access their POS system, a critical portal for managing transactions and other back-end processes.Later in the day, Shopify said its service was starting to recover, but some merchants may still see some disruption to their POS and management tools.”We have discovered and fixed an issue with the login…
Russia claimed on Monday that it had captured the eastern Ukrainian city of Pokrovsk after months of intense fighting for control of the strategic location, which would be a major victory for Moscow if true. The claim came a day after Russian President Vladimir Putin visited front-line troops and thanked them for the “achievement of the operation” in Pokrovsk. Moscow suffered thousands of casualties in the attack on the city. Ukraine has not commented directly on Russia’s claims, but Andriy Kovalenko, head of the Ukraine Counter-Disinformation Center, warned on Monday that Russia would make “attempts in the coming weeks to…
The ball will be different in the second Ashes Test and England will also be hoping for a different result.After succumbing to Perth’s Red Kingfishers in the series opener, Ben Stokes’ side will take on Australia in a pink-ball match at The Gabba in Brisbane from Thursday. Ahead of that match starting at 4am UK time, let’s take a look at the key questions about the day-night Test and why the stats suggest England have their work cut out… What is the significance of day-night Test cricket?The idea is, or was, to attract larger crowds to the longest format of…
Starty | E+ | Getty ImagesSome workers with flexible spending accounts for health care may be looking to give their employers an unintended gift this holiday season.An ongoing study by the Employee Benefit Research Institute, which began tracking FSA data in 2019, shows that between 40% and 50% of employees fail to meet the typical Dec. 31 deadline to spend their FSA money and end up forfeiting it to their companies each year. Some companies give account holders extensions, but most (about two-thirds) use a “spend it or lose it” rule.”We’re told that one of the main reasons people confiscate…
A Kalsi billboard displays predictions for the New York City mayoral election, Monday, October 27, 2024, in New York City, USA. Michael Nagle | Bloomberg | Getty ImagesKalsi bettors can now buy and sell tokenized versions of their stakes on Solana, the company exclusively told CNBC on Monday. This is the latest sign that the prediction market firm is stepping up efforts to court the same crypto holders who have funneled billions of dollars in digital assets to rival Polymarket.Tokenization refers to creating digital versions of real-world financial assets such as stocks, bonds, and Treasury bills. The resulting tokens can…
Thomas Frank is having a big week as Tottenham Hotspur’s head coach.Spurs, who have already lost three games in a row, face a daunting journey to face Newcastle at St James’ Park on Tuesday before Frank’s former team Brentford travel to north London on Saturday. There is no sign that this will be a job-closing game for Frank, but a home defeat to Brentford, who are currently ahead of Spurs in the table, could be devastating for him personally. At a time when there is a clear disconnect between fans and players, Frank cannot afford to lose another league game…
OpenAI has taken ownership of Thrive Holdings, whose parent company is Thrive Capital, one of the AI giant’s major investors. Thrive Holdings operates like an AI private equity firm, attracting companies it believes could benefit from the technology in areas such as accounting and IT services. Terms of the deal were not disclosed by either company, but it includes OpenAI bringing employees from its engineering, research and product teams inside Thrive to accelerate AI adoption and drive efficiencies. If these companies are successful, they could increase their stake in OpenAI and receive compensation for their services, according to people familiar…
said David Solomon, CEO of Goldman Sachs.Bloomberg | Bloomberg | Getty Imagesgoldmans sachs announced on Monday that it has agreed to acquire Innovator Capital Management, a provider of defined outcome ETFs, for approximately $2 billion, in the latest deal to strengthen its asset management division.Goldman said the acquisition is expected to close in the second quarter of 2026 and will increase its ETF offering in a fast-growing corner of the investment world.Fixed-outcome ETFs use contracts that include options to mitigate downside risk or provide a targeted return over a set period of time. The innovator had $28 billion in assets…
Amidst the spate of big artificial intelligence deals this year with billions of dollars worth of change, Nvidia’s announcement Monday of a $2 billion investment to expand its long-standing partnership with Synopsys may seem like just another increment. Nvidia CEO Jensen Huang asserted that this is not the case in an interview with Jim Cramer shortly after the news broke. “This is a big deal,” Jensen said. Here’s why: Synopsys provides software and tools that enable companies like Nvidia to design, test, and validate semiconductors. “NVIDIA was built on a foundation of things like Synopsys design tools,” Jensen said. The…
Top U.S. officials were scheduled to gather at the White House to discuss Venezuela as President Donald Trump’s administration continues to defend its controversial dual attacks on drug smugglers in the Caribbean.The meeting, scheduled for Monday, comes as the U.S. military continues to surge assets to the Caribbean, Reuters reported. This has raised concerns about a possible ground invasion aimed at overthrowing the government of Venezuelan President Nicolás Maduro, despite mixed messages from President Trump in recent days.Recommended stories list of 3 itemsend of listLast week, the US president said ground operations against Venezuelan criminal organizations could begin “soon.” This…