CNBC

Apple's chip boss squashes exit rumors, says he's not leaving the ...

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Bloomberg reported on Saturday that Srouji had told CEO Tim Cook that he was considering leaving, citing people with knowledge of the matter. Srouji is seen ...



Tiger Global launches new fund as it takes more disciplined approach

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Tiger is targeting a raise of $2.2 billion for the fund, according to a person familiar with the firm's strategy who declined to be named in order to discuss ...



Paramount's hunt for WBD made Zaslav richer — and may not be over

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... people with direct knowledge of the matter. Paramount has also argued there are tax efficiencies for shareholders in acquiring the whole company rather than ...



Netflix to buy Warner Bros. film and streaming assets in $72 billion ...

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Paramount's final bid, received Thursday evening, was for $30 per share, all cash, people close to the matter told CNBC, speaking on the condition of ...



India's largest airline melts down after new crew rest rules

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The airline also cancelled 165 flights in Mumbai, 102 in Bengaluru, 92 in Hyderabad, said airport sources, who declined to be named. At many airports across ...



WBD bids: What Paramount, Comcast, Netflix could do with the assets

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Earlier this week the company received second-round bids from potential buyers, according to people familiar with the matter who declined to be named speaking ...



Paramount letter questions Warner Bros. Discovery sale process

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... declined to be named speaking about confidential dealings. Warner Bros. Discovery told CNBC it confirmed to Paramount that it had received the letter and ...



Russia: Europe's use of frozen assets could be justification for war

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One EU official, who did not want to be named due to the sensitivity of the topic, told CNBC, "If the EU chooses to borrow money to support Ukraine, this will ...



Anthropic reportedly preparing for massive IPO in race with OpenAI: FT

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... sources familiar with the matter. The start-up, led by chief executive Dario Amodei, was also pursuing a private funding round that could value it above ...



CapitalG-backed Security startup Verkada hits $5.8 billion valuation

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The person asked not to be named in order to discuss details of the funding. CapitalG also recently contributed to a $435 million fundraise for ...



Nvidia's Jensen Huang talks chip controls with Trump, hits regulation

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The proposal isn't expected to be part of the NDAA, Bloomberg reported, citing a person familiar with the matter. Huang said it was "wise" that the proposal ...



Broadcast station owners want to consolidate. They're struggling to ...

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Deal discussions started in the last year, according to people familiar with the matter. Thomas Fuller | SOPA Images | Lightrocket | Getty Images. Initial ...



OpenAI takes stake in Thrive Holdings for enterprise AI push

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It also acts as a way for OpenAI to get compensated for its services, according to another person familiar with the agreement who declined to be named because ...



Anger simmers over Hong Kong deadly blaze as Beijing warns ...

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... sources familiar with the matter said.



UnitedHealth to sell South American business for $1 billion, sources ...

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UnitedHealth Group has agreed to sell its South American business Banmedica to a Brazilian private equity group, two sources with knowledge of the matter ...



Hong Kong blaze spotlights enduring role of city's foreign domestic ...

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... declined to be named. Some domestic workers who fled the complex spoke of being unable to sleep, trauma and fear for their futures as they still tried to ...



SEC investigates Jefferies over First Brands collapse, report says

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The Financial Times, citing people with knowledge of the matter, said the regulator is looking into whether Jefferies gave investors enough information on ...



Hong Kong tower fire toll rises to 128, more arrests made

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Another resident, who did not want to be identified, said a friend's wife was among those unaccounted for. "Rationally speaking, it means there's no hope ...



2 National Guard members in critical condition after shooting near ...

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One National Guard member was shot in the head, according to a person familiar with the details of the incident who spoke to AP on condition of anonymity.



Musk's xAI to close $15 billion funding round in December

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Elon Musk's artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with ...



Microsoft data center rejected in Wisconsin village, AI boom hits snag

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A man living on the property declined to give his name but said he wouldn't want a data center using water designated for the village. At the time ...



Kohl's to name Michael Bender as permanent CEO, Bloomberg ...

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... a person familiar with the matter. The board interviewed several candidates before opting to appoint Bender, according to the report. Reuters could not ...



Blue Owl considers reviving merger of private credit funds

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The sources, who requested anonymity as the discussions are confidential, cautioned that nothing has been finalized and did not specify the timing of such a ...



Hassle and humiliation: What it's like traveling with a weak passport

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... asked to be identified only by her first name for privacy reasons. South Africa's passport ranked 51 in The Henley Passport Index, which firmly places it in ...



Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

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Discovery this week, while Netflix and Comcast bid on the company's studios and streaming assets, according to people familiar with the matter. Comcast's ...



Kraken confidentially files for IPO following $800 million raise

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Kraken confidentially filed to go public in the U.S., a person familiar with the matter told CNBC on Wednesday. A Kraken spokesperson declined to comment on ...



Anthropic valued in range of $350 billion following investment deal ...

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... asked not to be named because the details are confidential. The terms of the company's next round are still being finalized, the person said. Anthropic has ...



FanDuel, DraftKings abandon AGA trade group memberships

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... declined to be named speaking about internal matters. Last week, Flutter-owned FanDuel announced it would launch a prediction platform called FanDuel ...



Senators probe of Trump crypto venture North Korea Russia

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... anonymous sources familiar with the matter. Binance CEO Richard Teng has denied that the company had any role in MGX's decision to complete its investment ...



James Comey indictment could be dismissed: judge

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During that testimony, Comey had denied authorizing another person at the FBI to act as an anonymous source for news reports about an investigation of 2016 ...



SBI Shinsei Bank IPO offering: exceed $2.4 billion, Norinchukin invest

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... sources familiar with the matter. The IPO of SBI Shinsei Bank, a unit of SBI Holdings , will include the sale of new and existing shares and is due to ...



'AI sentiment is waning.' Wall Street cools on Oracle buildout plans

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A hedge fund manager who asked to remain anonymous told CNBC that Ellison is "someone you don't want to bet against." And Rishi Jaluria, an analyst at RBC ...



Visa, Mastercard legal settlement: What you need to know

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This person, who asked to remain anonymous to speak candidly, said that the ultimate ramifications weren't yet clear as it involves active litigation. But ...



U.S. and Switzerland working on a deal to slash 39% tariffs

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... sources close to the talks. Bloomberg reported that a deal could be finalized within weeks. "We are not commenting on the ongoing discussions," a ...



Britain BBC Tim Davie resigns Trump

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A person familiar with the situation said Davie's decision had left the BBC board stunned and he would stay on for the next few months while a replacement ...



Multiple people at U.S. military base fall ill after suspicious package ...

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... sources familiar with the matter. The U.S. Department of Defense and Joint Base Andrews did not immediately respond to a Reuters request for comment. CNBC ...



Trump, Eli Lilly, Novo Nordisk unveil deals to cut obesity drug prices

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... declined to be named told reporters during a briefing Thursday. Novo Nordisk's oral version of its obesity injection Wegovy could enter the market by year ...



FAA resumes traffic at Washington, DC, airport after threat reported ...

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A person briefed on the matter said a bomb threat had been made against the plane and in an abundance of caution the plane was being checked. United ...



Binance CEO denies firm aided Trump-linked crypto project before ...

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... anonymous sources familiar with the matter. The Journal also previously noted that World Liberty Financial benefited greatly from the listing of its USD1 ...



Paramount to lay off 1,000 employees, with more cuts expected

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Paramount Skydance is slashing nearly 1,000 jobs beginning on Wednesday, just months after the close of its merger, according to a person close to the situation ...



Foxconn to invest up to $1.37 billion in AI compute cluster ...

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A person familiar with the matter said the investment will be made in Taiwan. Foxconn did not immediately respond to a request for comment. The world's ...



Amazon laying off about 14,000 corporate workers

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The cuts could affect as many as 30,000 employees, according to Reuters, which cited sources familiar with the matter. Read more CNBC tech news. OpenAI's ...



5 things to know before the stock market opens Tuesday

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Nearly every business is expected to be impacted by the cuts, according to a person familiar with the matter. Beth Galetti, Amazon's senior vice president ...



Amazon to announce largest layoffs in company history, source says

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... asked not to be named because the details are confidential. Amazon is expected to begin informing employees of the layoffs via email Tuesday morning, the ...



Two suspects in Louvre jewel heist case arrested in Paris, report says

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... sources close to the investigation. One of the two suspects was about to leave the country and was taken into custody at Charles de Gaulle airport at about ...



Novartis Avidity Biosciences in talks

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Bloomberg News first reported the companies were nearing a deal, citing a person familiar with the matter. Novartis and Avidity didn't immediately respond ...



Trump aims to clinch deal with China's Xi during Asia trip

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... a person familiar with the conversations. Instead, talks between the two sides to prepare for the meeting focused on managing disagreements and modest ...



Timothy Mellon is Trump's government shutdown military donor

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And using his money might run afoul of federal law, according to the Times, which cited two people familiar with the matter in identifying the billionaire ...



Quantum stocks surge on report Trump is eyeing stakes in the group

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The Journal, citing anonymous sources familiar with the matter, said the companies include IonQ , Rigetti Computing and D-Wave Quantum . Other firms, such ...



First rare earths and chips, now quantum computers: Trump ...

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The Journal, citing anonymous sources familiar with the matter, said the companies include IonQ, Rigetti Computing and D-Wave Quantum. Other firms, such as ...

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