Year: 2025
A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
Jaque Silva | Nurphoto | Getty Images The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. Reddit on Wednesday reported fourth-quarter revenue of $428 million, which was up 71% from the previous year and represents the fastest growth rate for any quarter since 2022. Although Reddit’s […]
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As Target and other retailers drop DEI programs, Black founders could face tougher battle to get and stay on shelves
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the […]
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Zuckerberg’s rightward policy shift puts Meta staffers on edge, targets Apple
Priscilla Chan, left, Meta CEO Mark Zuckerberg, and Lauren Sanchez are among guests attending Donald Trump’s inauguration as the 47th U.S. president in the Capitol Rotunda in Washington, D.C., Jan. 20, 2025. Saul Loeb | Afp | Getty Images Mark Zuckerberg kicked off 2025 with an Instagram video that outlined his vision for what he […]
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Moderna beats on revenue but loses more than expected as it scales down manufacturing
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid vaccine falls. It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the rapid decline […]
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Trump administration tells federal agencies to fire probationary employees
U.S. President Donald Trump looks on as he stands in the Oval Office of the White House, on the day Robert F. Kennedy Jr is sworn in as secretary of Health and Human Services, in Washington, D.C., U.S., Feb. 13, 2025. Nathan Howard | Reuters WASHINGTON — President Donald Trump’s administration began a mass firing […]
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How China’s DeepSeek could boost the already booming data center market
The emergence of cheaper and more efficient AI models off the back of China’s DeepSeek could reshape demand for data centers, boosting a sector that investors were already heavily betting would continue to boom. For years now, analysts have forecast exponential growth in data centers — the critical infrastructure required for powering the world’s digital […]
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Europe stocks lower after hitting record highs on hopes of Ukraine peace deal
European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose […]
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Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales
A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth-quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent luxury […]
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CNBC Daily Open: PPI and tariffs cloud markets, but investors choose to see silver lining
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on February 12, 2025. Angela Weiss | Afp | Getty Images Humans are forward-looking creatures. It allows us to plan for the future, increasing our chances of survival and success, but can also bog us […]
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As U.S. officials travel to security summit, Europe must step-up on defense or risk being sidelined
NATO Secretary General Mark Rutte, U.S. Defense Secretary Pete Hegseth, Britain’s Defence Secretary John Healey and Turkey’s ambassador to NATO Zeki Levent Gumrukcu take part in a family photo during a NATO Defence Ministers meeting at the Alliance’s headquarters in Brussels, Belgium February 13, 2025. Yves Herman | Reuters As the world’s defense and security […]
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