Author: Editor-In-Chief
Former Yahoo CEO Marissa Mayer refuses to sit on the sidelines of the generative AI revolution. After running his photo-sharing and contact management startup Sunshine for the past six years with little success, the celebrated technology leader has shut down the company and launched Dazzle, a new startup focused on building the next generation of AI personal assistants. Mayer hasn’t yet provided details about Dazzle’s capabilities, but he did reveal that the new company has raised an $8 million seed round at a $35 million valuation. The round was led by Forerunner’s Kirsten Green with participation from Kleiner Perkins, Greycroft,…
The electronic market board displays the Nikkei 225 stock price on the Tokyo Stock Exchange as of November 5, 2025.Greg Baker AFP | Getty ImagesAsia-Pacific markets opened mostly higher on Tuesday after AI trading lifted Wall Street’s major indexes overnight. Nvidia shares rose more than 1% after Reuters reported that the company aims to begin shipping H200 chips to China by mid-February. Micron Technology rose about 4% and Oracle rose more than 3%.Australia’s S&P/ASX 200 rose 1.1% to end at 8,795.7, marking its fourth consecutive day of gains. Japanese Nikkei Stock Average The rally continued into the third day, closing…
Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Markets: The S&P 500 continued its fourth day of gains on Tuesday, helped by strength in AI stocks. AI chipmakers and Club Holdings Nvidia and Broadcom were up about 2.5% and 2%, respectively, in afternoon trading. Meanwhile, stronger-than-expected economic data further dampened expectations that the Fed would cut interest rates in January. The third-quarter GDP report, delayed by the government shutdown, showed the U.S. economy grew 4.3% in the three months to September, beating the…
Newly released documents show that a person identified as “A” emailed disgraced former British socialite Ghislaine Maxwell from the royal family’s Scottish residence in 2001, asking her if she had “found any new inappropriate friends.” The email was part of a series of messages exchanged between 2001 and 2002 between Maxwell and someone using the email alias “The Invisible Man” and was included in a trove of files related to the late convicted sex offender Jeffrey Epstein released by the U.S. Department of Justice (DOJ) on Tuesday. The email is signed with “A”. Although the author is not explicitly identified…
Who is the best African player of all time?And why not a unanimous answer, Mohamed Salah? Ask around. The answers to the questions tend to be similar, albeit thought-provoking. Didier Drogba’s name is often mentioned. There are shouts from Yaya Toure and Samuel Eto’o, and shouts from George Weah, Nwankwo Kanu, Roger Milla and others are, of course, provided by fans of a particular vintage.The Egyptian king’s future at Liverpool may be up in the air, but so is his legacy in African football. Often overlooked as a candidate for the African Player of the Year award, Salah’s name tends…
A group of authors, including Theranos whistleblower and Bad Blood author John Carreyrou, are suing Anthropic, Google, OpenAI, Meta, xAI, and Perplexity for training models on pirated copies of their books. If this sounds familiar, it’s because another author has already filed a class action lawsuit against Anthropic for the same copyright infringement. In that case, the judge ruled that while it is legal for Anthropic and similar AI companies to use pirated books for training, it is not illegal to pirate the books in the first place. Eligible writers could receive about $3,000 from the $1.5 billion Anthropic settlement,…
As the year draws to a close, CNBC’s Jim Cramer revisits the questions he asked at the beginning of 2025, reviewing the macroeconomic and sector-specific forces that helped shape market movements. “Before we can understand where we are going, we need to know where we came from,” he says.Here are the answers to some of Cramer’s 2025 questions.Was the labor market still tight? Kramer said the labor market was clearly not tight, explaining that the unemployment rate rose from 4.0% in January to 4.6% in November. He continued that job creation weakened in the second half of the year, noting…
At the African Cup of Nations (AFCON), it is an unwritten rule that the manager and captain sit side by side on the eve of their team’s opening game, give opening remarks, and then answer questions from the press.At the African Cup of Nations (AFCON), it is an unwritten rule that the manager and captain sit side by side on the eve of their team’s opening game, give opening remarks, and then answer questions from the press. But in recent years, Egypt has taken a different approach to the summit. For the 2024 tournament, Portuguese coach Rui Vitoria was replaced…
Logo of South Korean shipyard Hanwha Ocean (October 15, 2025, at the company’s office building in Seoul, South Korea). Kim Hong-ji | ReutersShares in South Korean company Hanwha Ocean soared 10% on Tuesday after US President Donald Trump announced the company would help build a new frigate for the country’s navy. Trump said at a news conference that the warship will be built in 2024 at the Hanwha Philly shipyard in Philadelphia, which was acquired by a South Korean company that pledged to invest $5 billion as part of South Korea’s $150 billion shipbuilding pledge. The shipbuilding commitment is part…
Chris Kelly, Facebook’s former chief privacy officer, said Tuesday that the next phase of the artificial intelligence boom will focus on improving efficiency.As major AI players race to churn out the infrastructure needed to support AI workloads, Kelly told CNBC’s “Squawk Box” the industry needs to streamline power-hungry builds.”Our brains run on 20 watts. We don’t need gigawatt power centers to reason,” Kelly says. “I think finding efficiencies will be one of the key things that the big AI players will focus on.”Kelly, who was also Facebook’s general counsel, added that AI winners will emerge from companies that can make…