Month: March 2025
AI’s vibe-coding era: How the shift to apps changed the race
Value within the artificial intelligence industry is slowly shifting, from the companies developing models to the apps building on top of them. Early in the AI race, critics viewed apps like Perplexity, Replit, Sesame and Abridge as second-rate middlemen, slapping an interface on someone else’s technology. They were disparagingly known as AI wrappers: companies with […]
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First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
U.S. President Donald Trump speaks to members of the media aboard Air Force One before landing in West Palm Beach, Florida, U.S., March 28, 2025. Kevin Lamarque | Reuters Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid […]
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As Trump guts foreign aid, China and others lead Myanmar earthquake response
Rescue personnel work at the site of a building that collapsed after a strong earthquake struck central Myanmar on Friday, earthquake monitoring services said, which affected Bangkok as well, with people pouring out of buildings in the Thai capital in panic after the tremors, in Bangkok, Thailand, March 28, 2025. Athit Perawongmetha | Reuters BANGKOK […]
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Battle over Greenland heats up with Denmark’s PM set to visit just days after JD Vance
Protesters gather in front of the U.S. consulate during a demonstration, under the slogan, “Greenland belongs to the Greenlandic people”, in Nuuk, Greenland, March 15, 2025. Christian Klindt Soelbeck | Via Reuters The battle over Greenland is set to intensify this week as Denmark’s prime minister travels to the Arctic island just days after U.S. […]
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Trump says reciprocal tariffs will target all countries
U.S. President Donald Trump walks towards Marine One on the South Lawn of the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of […]
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French far-right leader Marine Le Pen found guilty in embezzlement trial: Media
Marine Le Pen, member of parliament and French far-right National Rally (Rassemblement National – RN) party leader, arrives at the RN party headquarters in Paris, France, July 1, 2024. Benoit Tessier | Reuters The leader of France’s far-right National Assembly Marine Le Pen on Monday was found guilty of misappropriating EU funds, according to Reuters […]
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Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated. Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ($118.2 billion), a 22.4% year-on-year rise. It is the company’s second-highest revenue […]
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European markets fall 1% as traders await Trump tariffs; Auto stocks sell off
European markets opened sharply lower on Monday as global investors braced for U.S. President Donald Trump’s trade tariffs to come into force. The regional Stoxx 600 index was 1% lower shortly after the opening bell, with all sectors and major bourses firmly in negative territory. Germany’s DAX index led losses, shedding 1.2% during early trade. […]
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After 20 years at the helm, Klarna’s CEO Sebastian Siemiatkowski is about to face his biggest test yet
Key Points Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching. Siemiatkowski has grown Klarna into a fintech powerhouse and a brand that’s virtually synonymous with the “buy now, pay later” payment method. However, his entrepreneurial journey hasn’t been without challenges […]
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Hang Seng tech index slides into correction territory after strong rally as tariff worries sour mood
NEW YORK, NY – SEPTEMBER 19: The Chinese flag flies outside the New York Stock Exchange during the initial price offering (IPO) for Alibaba Group on September 19, 2014 in New York City. The New York Times reported yesterday that Alibaba had raised $21.8 Billion in their initial public offering so far. Andrew Burton | […]
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