Technology
Saudi Arabia eyes data embassies amid sovereign AI push. Here’s what we know so far
As countries race to build domestic data centers in the name of sovereign AI, Saudi Arabia is betting on a more creative idea: data embassies. A data embassy is where data is stored outside of a country’s physical borders but operates under its laws, much like a diplomatic embassy. The concept is not new. Estonia established the first data embassy in 2017 and there’s only been one […]
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CNBC Daily Open: Investors are loving the Paramount-Warner Bros-Netflix drama
A drone view shows a sign for Paramount in front of the Hollywood sign in Los Angeles, California, December 8, 2025. Daniel Cole | Reuters Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix’s announcement last week that it had reached a deal to buy the HBO owner. The […]
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ICEBlock developer sues U.S. government after DOJ demanded Apple remove app from store
In this photo illustration, the ICEBlock app is displayed on an Apple iPhone on October 02, 2025 in Los Angeles, California. Justin Sullivan | Getty Images The developer of ICEBlock, an app used to track local sightings of ICE agents and other law enforcement authorities, sued the U.S. government on Monday for allegedly infringing his […]
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Broadcom is firing on all cylinders, and Wall Street can’t get enough of the stock
Broadcom shares hit an all-time high during Monday’s trading session after the emergence of another encouraging sign that the company’s custom chips are all the rage on the AI scene. The newest development comes from the tech website, The Information, which said Microsoft could be looking to move its custom chip business from Marvell Technology […]
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Google to launch first of its AI glasses in 2026
A Google logo is at the announcement of Google’s biggest-ever investment in Germany on November 11, 2025 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Google on Monday said it plans to launch the first of its AI-powered glasses in 2026, as the tech company ramps up its efforts to compete […]
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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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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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S&P 500 win streak, Berkshire’s leadership changes, Netflix’s regulatory path and more in Morning Squawk
A Wall Street sign is viewed in front of the New York Stock Exchange. Eduardo Munoz | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Secret Santa The three major indexes […]
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Elon Musk calls for abolition of European Union after X fined $140 million
Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X 120 million euros ($140 million) for a “deceptive” blue checkmark and lack of transparency of its advertising repository. The European Commission hit X with the ruling on Friday following a two-year investigation into the company under […]
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BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels” […]
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