Month: December 2025
Waymo crosses 450,000 weekly paid rides as Alphabet robotaxi unit widens lead on Tesla
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit in April, when Waymo reported […]
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Stocks making the biggest moves midday: Paramount Skydance, Wave Lifesciences, Confluent & more
Check out the companies making the biggest moves midday: Wave Life Sciences — The Singapore-based biotech that trades on Nasdaq more than doubled, soaring roughly 140% , after positive interim data from a Phase 1 trial of an RNA obesity shot that cut fat but retained muscle. Paramount Skydance — The media company is launching a […]
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EU Commission clears Mars’ $36 billion Kellanova deal
Packages of Pringles potato-based chips manufactured by Kellanova are displayed for sale at a warehouse grocery store in Hawthorne, California on Dec. 2, 2025. Patrick T. Fallon | AFP | Getty Images The European Commission has approved Mars’ $36 billion bid to acquire Pringles maker Kellanova, it said on Monday, after opening a full-scale investigation […]
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Comcast president outlines unsuccessful WBD offer and future of NBC’s Peacock
Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. T Kevork Djansezian | Getty Images Comcast’s top brass on Monday pulled the curtain back on the company’s unsuccessful bid for Warner Bros. Discovery, detailing an offer far different from its rival bidders. […]
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Apple’s chip boss squashes exit rumors, says he’s not leaving the company
Johny Srouji, senior vice president of hardware technologies at Apple Inc., speaks during the Peek Performance virtual event in New York, U.S., on Tuesday, March 8, 2022. Gabby Jones | Bloomberg | Getty Images Apple chip leader Johny Srouji addressed rumors of his impending exit in a memo to staff on Monday, saying he doesn’t […]
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Tiger Global launches new fund eyeing between $2 billion and $3 billion as it takes more disciplined approach
Tiger Global Management announced Monday the launch of its latest venture capital fund, Private Investment Partners 17, targeting a raise between about $2 billion and $3 billion, according to a letter to investors viewed by CNBC. The hedge fund wrote that it’s expecting PIP 17 to be similar in “strategy, size and construction” to its […]
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Powerful 7.6-magnitude earthquake strikes Japan’s northeast region
News program of Television and internet media report tsunami warning due to massive earthquake in Shinjuku Ward, Tokyo on December 8, 2025. The Yomiuri Shimbun via AP Images A powerful magnitude 7.6 earthquake shook Japan’s northeast region late on Monday, prompting tsunami warnings and orders for residents to evacuate. A tsunami as high as three […]
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McDonald’s will assess if franchisees are providing value under new standards
In Lisbon, Portugal, on January 12, 2025, people sit by a McDonald’s storefront. McDonald’s rolls out new value deals, like the McValue Menu, to combat economic challenges and attract budget-conscious customers, as global sales face pressure amid shifting consumer trends. Luis Boza | Nurphoto | Getty Images McDonald’s will soon assess its franchisees on how […]
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Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, which Paramount Skydance CEO […]
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Trump says Netflix, Warner Bros. deal ‘could be a problem’; he’ll be involved in approving
U.S. President Donald Trump poses on the red carpet for the 2025 Kennedy Center Honors at the John F. Kennedy Center for the Performing Arts in Washington, D.C., U.S., December 7, 2025. Jeenah Moon | Reuters President Donald Trump expressed skepticism on Sunday night about Netflix‘s proposed acquisition of parts of Warner Bros. Discovery, saying […]
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