Month: February 2025
Anthropic says it’s released its ‘most intelligent’ AI model yet as competition ramps up
Jaque Silva | Nurphoto | Getty Images As heavily funded startups and tech giants hustle to get any lead they can in artificial intelligence, Anthropic says it’s developed the company’s “most intelligent” AI model yet. The Amazon-backed startup on Monday unveiled Claude 3.7 Sonnet. What makes it unique is its so-called hybrid model, which combines […]
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Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Jakub Porzycki | Nurphoto | Getty Images Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid […]
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Stocks making the biggest moves midday: Berkshire Hathaway, Robinhood, Nike, Palantir and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares of Warren Buffett’s conglomerate jumped nearly 4% following a strong earnings report . The conglomerate said its operating profit skyrocketed 71% to $14.5 billion in the fourth quarter, led by a 302% jump in insurance underwriting. Auto insurer Geico had […]
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These are the 2025 CNBC Changemakers: See the full list of women transforming business
The second annual CNBC Changemakers list of women who are transforming business and philanthropy showcases biotech breakthroughs, AI advances, women’s health, and both consumer and social innovations, with a wide-ranging list of leaders, each of whom has accomplished a meaningful achievement in 2024, specifically. From billion-dollar startups to multinationals valued in the hundreds of billions, […]
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PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the company is, in his view, ready to redefine the world […]
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Lawsuit challenges Musk ‘resignation’ threat to federal workers
CEO of Tesla and SpaceX Elon Musk speaks at the Conservative Political Action Conference (CPAC) at the Gaylord National Resort Hotel And Convention Center on Feb. 20, 2025 in Oxon Hill, Maryland. Andrew Harnik | Getty Images A newly amended lawsuit challenges a threat by Elon Musk to federal workers, which warned them over social […]
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Top tech companies turn to hydrogen and nuclear energy for AI data centers
Yuval Bachar knows data centers. He’s worked on them for Meta, Microsoft and Cisco, but now, his startup is looking to help Silicon Valley run data centers with lower carbon dioxide emissions. ECL, Bachar’s startup, builds hydrogen-powered data centers. Hydrogen is a novel energy source for data centers that is more eco-friendly, and more importantly […]
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‘Uphill battle’ ahead: Trump, business leaders and economists react to German election result
19 February 2025, Berlin: Visitors walk in front of the German flag in the dome of the Bundestag. Picture Alliance | Picture Alliance | Getty Images As a new chapter in German politics begins following the federal election at the weekend, there’s a distinct feeling of déjà vu in Berlin as a center-right alliance prepares […]
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“I still miss playing every single day:” Soccer star David Beckham reflects on what made him successful on and off the pitch
David Beckham is one of the world’s most famous soccer players, celebrated for his exceptional career and significant contributions both on and off the pitch. He was part of Manchester United’s “Class of ’92,” a group of young talents who rose through the club’s youth academy to achieve unprecedented success. He captained the England national […]
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Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at the […]
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