Author: Editor-In-Chief
Students are seen on the campus of Columbia University on April 14, 2025 in New York City.Charlie Tribalew | AFP | Getty ImagesColumbia University announced that a student was detained by federal agents early Thursday, the latest sign of a nationwide immigration crackdown by President Donald Trump.The students were taken from a university-owned residential building around 6:30 a.m. by Homeland Security officials, according to an email from Claire Shipman, the school’s acting president, obtained by CNBC. “Our understanding at this time is that federal agents gave false statements in order to enter the building to search for a ‘missing person,'”…
Australian Prime Minister Anthony Albanese was forced to evacuate his official residence on Tuesday night after receiving a bomb threat from opponents of a banned religious group in China. On Wednesday, the prime minister posted a photo of his dog Toto, who is kept at his Canberra lodge, on social media, thanking Australian police and saying, “Toto is alert but OK.” He later said such threats could not be “taken for granted.” “I think this is just a reminder. Take every opportunity to tell people, just to be safe, turn the fire down. You know, we can’t take these things…
South Africa defeated West Indies by nine wickets in the T20 World Cup, maintaining their 100 per cent record in the tournament, and later India’s win over Zimbabwe confirmed the Proteas’ place in the semi-finals.A staggering 89 runs between Romario Shepherd and Jason Holder helped West Indies rally from 83-7 to post a defensible 176-8 after 20 overs. However, a 95-run opening partnership between captain Aiden Markram (82 not out) and Quinton de Kock (47) in the 8th over made them run away from the rest. Ryan Rickelton added 45 not out as South Africa made 177-1 in 16.1 overs,…
rolls royce The aero engine and power systems maker is promising another year of strong growth, announcing on Thursday that it expects to make more than 4 billion pounds ($5.42 billion) in profits this year.The aerospace giant is targeting underlying operating profits of between 4 billion pounds and 4.2 billion pounds in 2026, above the midpoint of analyst estimates compiled by FactSet of 3.65 billion pounds. It expects free cash flow to be between £3.6bn and £3.8bn this year, also better than expected. It also announced that a £2.5 billion share buyback would be completed this year, more than previously…
eBay headquarters in San Jose, California, USABloomberg | Getty ImagesE-bay announced Thursday that the e-commerce company is cutting about 800 positions, or 6% of its workforce, in its latest round of layoffs.”We are taking steps to reinvest across our business and align our structure with our strategic priorities. This will impact specific roles across our workforce,” an eBay spokesperson said in a statement. “We appreciate the contributions of our affected employees and are committed to supporting them with the utmost care and respect.” eBay said the job cuts are spread across the company and were determined based on the needs…
Cuban troops shot and killed four people on a Florida-registered speedboat who were attempting to enter Cuban waters and “infiltrate” the island on Wednesday, authorities said. The shootout came amid rising tensions between Cuba and the United States, with both countries launching investigations into the incident. As more details continue to emerge about this deadly shooting, here’s what we know so far. Cuba’s Interior Ministry said in a statement that Cuban border guards approached the boat after it entered territorial waters in Falcon’s Cay, Villa Clara state, just over 100 miles from Florida. The statement said passengers on the boat…
Atalanta pulled off a thrilling last-gasp comeback to advance to the last 16 of the Champions League. Juventus fought bravely until extra time with 10 men. However, this performance did not lift the dark clouds that hung over Italian soccer this week. The 98th-minute penalty scored by Atalanta’s Lazar Samardzic means Italy will qualify for the next Champions League knockout stage. But their giants have fallen. There was a certain irony at San Siro on Tuesday night. Just before kick-off, Inter Milan welcomed club legends Ronaldo Nazario and Cristian Vieri to the pitch as special guests. The partnership between these…
Despite their potential, AI agents have been slow to make an impact on enterprises, and one startup is betting that lack of context is the reason. Trace, launched as part of Y Combinator’s Summer 2025 offering, is a workflow orchestration startup aiming to fill that gap. The company maps complex enterprise environments and processes to give agents the context they need to scale quickly. “OpenAI and Anthropic are creating great interns that we can leverage internally,” said Trace CEO Tim Cherkasov, referring to the AI Lab’s tools. “We’re developing managers who know where to put them.” On Thursday, the London-based…
AI trading concept. 3D renderingBlackjack 3D | E+ | Getty ImagesThis report is from this week’s CNBC Inside India newsletter, delivering timely and insightful news and market commentary on emerging powers. Subscribe here.big storyIndian IT stocks are facing their steepest monthly decline since the 2008 global financial crisis, with the Nifty IT index set to fall 20% this month as concerns about AI-driven disruption weigh on software stocks globally. At the Mega India AI Summit held last week, leading technology companies announced partnerships with leading IT services companies in India to accelerate AI adoption across the enterprise. Tata Consultancy Services,…
Jonathan Ra | Null Photo | Getty Imagesshares of C3 AI Shares fell 17% on Thursday to trade at record lows after the company reported disappointing third-quarter results and announced layoffs of more than a quarter of its workforce.The enterprise artificial intelligence company behind the ticker AI reported third-quarter revenue of $53 million, far below LSEG’s estimate of $76 million.The company reported a loss of 40 cents per share, while analysts had expected a loss of 29 cents per share. “What I consistently hear is that every CEO has made AI a top strategic priority and wants to realize tangible…