Month: May 2025
Microsoft introduces GitHub AI agent that can code for you
Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on , April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft’s GitHub unit on Monday introduced a Copilot artificial intelligence agent that can take on specific programming work and inform people once […]
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David Adelman is leading the next generation of deal-hungry family offices
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Entrepreneur and family office founder David Adelman said family offices have a growing competitive advantage over venture capital and private equity […]
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China says U.S. undermined trade talks with Huawei chip warning
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China’s International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters […]
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Regeneron Pharmaceuticals to buy 23andMe and its data for $256 million
A view of the 23andMe headquarters in Sunnyvale, California, on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images Regeneron Pharmaceuticals on Monday announced it will acquire “substantially all” of 23andMe’s assets for $256 million. The drugmaker participated in a bankruptcy auction for 23andMe, a once high-flying genetic testing company that filed for for […]
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Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary
Imaginima | E+ | Getty Images Logistics startup Stord said Monday that it’s buying UPS subsidiary Ware2Go as it looks to expand its footprint in the e-commerce space. The company declined to provide specifics on the purchase price of the deal. The Atlanta-based company founded by former Thiel Fellow Sean Henry said the acquisition will […]
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Jim Cramer’s top 10 things to watch in the stock market Monday
My top 10 things to watch Monday, May 19 1. Bonds are crushing stocks this morning, with the 30-year Treasury yield north of 5% and the 10-year Treasury yield topping 4.5%, in response to Moody’s downgrading its rating on U.S. sovereign debt. The S & P 500 is on track to open lower by about […]
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Klarna doubles losses in first quarter as IPO remains on hold
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments […]
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Bath & Body Works names recent Nike executive as its new CEO, effective immediately
Customers shop at a Bath & Body Works store in Hayward, California, on June 12, 2024. Justin Sullivan | Getty Images Bath & Body Works has a new chief executive officer, its second in less than 3 years. The personal care, home and beauty retailer has named Daniel Heaf as its new CEO, effectively immediately, […]
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China’s Xiaomi commits $6.9 billion to in-house chips
In this photo illustration, the logo of Xiaomi’s XRing O1 chipset is seen on May 19, 2025 in Beijing, China. Xiaomi CEO Lei Jun announced on the evening of May 15 that the company’s self-developed smartphone SoC, XRING 01, will be officially launched in late May. Vcg | Visual China Group | Getty Images Chinese […]
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Trump to press Putin to end ‘bloodbath’ in Ukraine
Russian President Vladimir Putin and U.S. President Donald Trump. Mikhail Metzel | Evelyn Hockstein | Via Reuters U.S. President Donald Trump will speak separately with Vladimir Putin and Volodymyr Zelenskyy on Monday in hopes of ending the “bloodbath” in Ukraine, amid concerns over Washington’s ongoing push to broker peace-making. “HOPEFULLY IT WILL BE A PRODUCTIVE […]
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