Tag Archives: CNBC

Adobe takes stake in Synthesia, startup behind AI clones for corporate videos

Synthesia told CNBC that Adobe’s venture capital arm injected an undisclosed amount of funds into the firm in a “strategic” partnership.

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South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom

The 33 billion won figure was about a quarter more than the 26 trillion committed last year.

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Online trading platform Webull soars 375% in second day on market after SPAC merger

Webull, which competes with Robinhood, has racked up 23 million users, including some who signed up after receiving stimulus checks.

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Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones

President Donald Trump said on Monday that “he helped Tim Cook,” after his administration late Friday exempted tariffs on phones.

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Meta resorted to ‘buy-or-bury scheme’ with Instagram and WhatsApp deals, former FTC Chair Lina Khan says

Former FTC Chair Lina Khan said Monday that Facebook’s acquisitions of Instagram and WhatsApp drastically changed the social networking ecosystem.

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Sony raises PlayStation 5 prices in Europe citing ‘challenging’ economic environment

Sony said it has made the “tough decision” to raise prices against the “backdrop of a challenging economic environment.”

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Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House

In Austin, Apple, Google, and Cash App alums ditch big paychecks for bitcoin, backed by VCs, crypto friendly policy and belief that this time, it is different.

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Tokenization of the market, from stocks to bonds to real estate is coming, says BlackRock CEO Larry Fink, if we can solve one problem

BlackRock CEO Larry Fink thinks tokenization of stock and bond markets will revolutionize financial ownership and investing, but there’s a security challenge.

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Peter Thiel’s Founders Fund closes $4.6 billion growth fund

Founders Fund said in a filing with the SEC on Friday that it has closed a $4.6 billion late-stage venture fund.

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Meta adds former Trump advisor to its board

Dina Powell McCormick’s husband is a Republican senator who received Trump’s endorsement, and she served in Trump’s first administration.

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