Year: 2023

Arm China ‘doing nicely,’ CEO claims, even as SoftBank’s Masa Son minimizes China exposure
Technology

Arm China ‘doing nicely,’ CEO claims, even as SoftBank’s Masa Son minimizes China exposure

You can view David Faber’s job interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing nicely” with strong potential in information centre and automotive applications, irrespective of the geopolitical tumult of the last couple of decades, Arm Holdings CEO Rene Haas claimed in an interview […]

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Arm climbs 10% in Nasdaq debut right after pricing IPO at  a share
Technology

Arm climbs 10% in Nasdaq debut right after pricing IPO at $51 a share

Arm CEO Rene Haas and executives cheer, as Softbank’s Arm, chip structure company, retains an preliminary community presenting (IPO) at Nasdaq Market web-site in New York, U.S., September 14, 2023. Brendan Mcdermid | Reuters Arm Holdings, the chip layout business managed by SoftBank, jumped 10% in its to start with working day of buying and […]

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Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination
Business

Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination

Workers prepare apples and avocados inside a Sweetgreen Inc. restaurant. Adam Glanzman | Bloomberg | Getty Images Ten Sweetgreen employees are suing the salad chain, alleging racial discrimination at seven of its New York City restaurants. The lawsuit, filed Thursday in New York Supreme Court in the Bronx, alleges that the plaintiffs’ co-workers and managers […]

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European stocks close 1.5% higher after ECB hikes interest rate to record 4%
World

European stocks close 1.5% higher after ECB hikes interest rate to record 4%

European stocks end the day 1.61% higher after ECB rate hike The pan-European Stoxx 600 index closed around 1.61% higher at 4.30 p.m. London time after the European Central Bank hiked interest rates to a record level. The ECB raised rates by 25 basis points, bringing the central bank’s main deposit facility to 4%. It […]

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Kevin Hart’s tequila brand strikes deal with Philadelphia Eagles as spirits push deeper into sports
Business

Kevin Hart’s tequila brand strikes deal with Philadelphia Eagles as spirits push deeper into sports

When the Philadelphia Eagles kick off their home opener on Thursday Night Football, the NFL team will also start a new sponsorship deal with Gran Coramino, the luxury tequila brand co-founded by comedian, entrepreneur and Philadelphia native Kevin Hart. “It’s a big deal! To be in partnership with the Eagles and aligned with Philadelphia in […]

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Craigslist founder Craig Newmark is pouring tens of millions of pounds into combating AI’s dark facet
Technology

Craigslist founder Craig Newmark is pouring tens of millions of pounds into combating AI’s dark facet

Craig Newmark, founder of Craigslist Source: Bleacher + Everard Craig Newmark designed his fortune off a web-site, started in 1995, that served as an early on the internet bulletin board and seems like it has not been updated in two decades. That web page, Craigslist, is even now cranking along, showcasing condominium listings, an active […]

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Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches
Business

Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches

Ford CEO Jim Farley speaks with media after revealing the 2024 Ford F-150 for the Detroit auto show on Sept. 12, 2023. Michael Wayland / CNBC DETROIT – Ford Motor CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously ahead of a Thursday night […]

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European Central Lender hikes fees to file stage, hints at feasible peak
World

European Central Lender hikes fees to file stage, hints at feasible peak

President of the European Central Lender (ECB) Christine Lagarde gestures as she addresses a push meeting adhering to the conference of the governing council of the ECB in Frankfurt am Most important, western Germany, on July 27, 2023. Daniel Roland | Afp | Getty Photos The European Central Lender on Thursday declared a 10th consecutive […]

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Mindless scrolling hurts efficiency. Here’s what you can do, suggests bestselling ‘Atomic Habits’ author
World

Mindless scrolling hurts efficiency. Here’s what you can do, suggests bestselling ‘Atomic Habits’ author

There are many distractions that can get in the way of get the job done — but the “finest interruption” to productivity is the mindless scrolling of telephones, according to bestselling author James Distinct.  “It is really so top-of-thoughts, [your phone’s] appropriate up coming to you at all times. It is really there to interrupt […]

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20,000 people today feared useless in Libyan city wrecked by floods
World

20,000 people today feared useless in Libyan city wrecked by floods

Hassan El Salheen, weeps soon after burying the repatriated overall body of his son, Aly, who died along with his a few cousins in Libya following Storm Daniel strike the state, at Al Sharief village in Bani Swief province, Egypt September 13, 2023.  Mohamed Abd El Ghany | Reuters Up to 20,000 persons are now […]

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