Month: June 2025
AI is doing 30%-50% of the work at Salesforce, CEO Marc Benioff says
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff. “All of us have to get our head around this idea that […]
Read More
Family offices double down on private credit and infrastructure during private equity slump, survey finds
Vithun Khamsong | Moment | Getty Images 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. Investment firms of the ultra-rich are increasingly investing in alternative assets like real estate and venture […]
Read More
CNBC’s Inside India newsletter: Iran-Israel war sparks fresh interest in India’s defense sector
Hello, this is Ganesh Rao, writing from London. This week, I look into how the Israel-Iran conflict was a reminder of India’s vulnerabilities — and the opportunities emerging from the crisis. The Indian Army’s Brahmos missile system takes part Rehearsal in full swing ahead of the Republic Day Parade 2025, at Kartavya Path on January […]
Read More
Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood
A still from Disney and Pixar’s animated film “Elio.” Disney Disney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique. “Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first […]
Read More
PayPal teams up with the Big Ten and Big 12 to enable payments to student-athletes
Head coach Dusty May and players of the Michigan Wolverines celebrate after defeating the Wisconsin Badgers in the Big Ten men’s basketball tournament championship game at Gainbridge Fieldhouse on March 16, 2025 in Indianapolis, Indiana. Aaron J. Thornton | Getty Images Global payment company PayPal announced on Thursday that it has inked a deal with […]
Read More
Serena Williams shares the No.1 value her parents taught her that led to her success
Serena Williams, former professional tennis player and Managing Partner of Serena Ventures, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images Tennis legend Serena Williams shared the most important value her parents imparted that fostered her […]
Read More
How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025. Brendan McDermid | Reuters An aggressive trade war, Middle East escalation and AI competitions overseas — None of 2025’s big curveballs managed to spoil the market’s epic comeback from the year’s lows as stocks stand within reach of a new […]
Read More
Why mega-merger speculation between oil majors Shell and BP is raising eyebrows
British oil giant Shell on Thursday said it has “no intention” of making an offer for its embattled domestic rival BP , further distancing itself from reports of a blockbuster takeover . It comes shortly after the Wall Street Journal reported late Wednesday that Shell was in early-stage talks to acquire BP in a deal […]
Read More
Oxford, Cambridge fall in global college rankings — experts say it’s a red flag for UK innovation
The annual QS World University Rankings saw Britain’s elite Oxford (above) and Cambridge universities drop one place to fourth and sixth, respectively. Halbergman | Istock | Getty Images Top British universities fell in global rankings last week, with experts raising red flags about the region’s ability to continue attracting international talent and nurturing innovation. The […]
Read More
China’s fintech giant Ant doubles down on health care with new AI app — and it wants it to go global
Key Points Alibaba-affiliate Ant Group is doubling down on health care with a new app, based on artificial intelligence tech that it says could be rolled out overseas. In a telling sign of global aspirations, the new health care app launched on Thursday has a straightforward English name — AQ — which the company says […]
Read More