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TikTok CEO expected to attend Trump’s inauguration, NBC reports
TikTok Chief Executive Shou Zi Chew testifies before a House Energy and Commerce Committee hearing entitled “TikTok: How Congress can Safeguard American Data Privacy and Protect Children from Online Harms,” as lawmakers scrutinize the Chinese-owned video-sharing app, on Capitol Hill in Washington, March 23, 2023. Evelyn Hockstein | Reuters TikTok CEO Shou Chew is expected […]
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How VPNs might allow Americans to continue using TikTok
If TikTok does indeed go dark on Sunday for Americans, there may be a tool for them to continue accessing the popular social app: VPNs. The Chinese-owned app is set to be removed from mobile app stores and the web for U.S. users on Sunday as a result of a law signed by President Joe […]
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YouTube donating $15 million in LA wildfire relief, support for creators days before TikTok ban
Charred remains of buildings are pictured following the Palisades Fire in the Pacific Palisades neighborhood in Los Angeles, California, U.S. Jan. 15, 2025. Mike Blake | Reuters Google and YouTube will donate $15 million to support the Los Angeles community and content creators impacted by wildfires, YouTube CEO Neal Mohan announced in a blog post […]
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TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Jakub Porzycki | Nurphoto | Getty Images Business moguls like Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell. TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law in […]
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Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by the chipmaker. Turning Intel Capital, which has $5 billion in assets, into a standalone fund will allow it to raise money from outside investors, Intel said. […]
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Biden opens federal land for AI data centers, sets rules for developers
U.S. President Joe Biden delivers a speech at the State Department in Washington, U.S. Jan. 13, 2025. Evelyn Hockstein | Reuters President Joe Biden issued an executive order Thursday aimed at speeding domestic construction of artificial intelligence infrastructure and shoring up the national security risk involved in the technology. The move empowers the U.S. Department […]
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CNBC Daily Open: Tech sells off but AI is still likely to drive markets
Nvidia CEO Jensen Huang delivering a keynote address at the Consumer Electronics Show in Las Vegas, Nevada on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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CNBC Pro Talks: Value investor to reveal where to invest for 2025
The outlook for equity markets looks uncertain this year, given higher-for-longer interest rates , rising inflation and U.S. President-elect Donald Trump’s return to office. As investors ponder how — and where — to invest, CNBC’s Tanvir Gill will quiz portfolio manager Knut Gezelius on where he sees opportunities in the current market. Pro subscribers can […]
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Tech stocks ruled in 2024. One pro picks 3 under-the-radar ones to play this year
Tech stocks reigned supreme in 2024, with many investors favoring some of the so-called “Magnificent Seven” stocks of Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , as well as other lesser-known companies. Principal Asset Management’s Martin Frandsen continues to see potential in the Magnificent Seven this year, but […]
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There’s a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Dominika Zarzycka | Nurphoto | Getty Images Technology stocks popular with retail investors tumbled Monday as investors took profits on their 2024 winners and dumped the more speculative names in an environment of rising interest rates. Nvidia slumped 2%. Palantir dropped 4%, while quantum computing winner Rigetti Computing plunged about 33%. Last year’s Nasdaq winner […]
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