Social media

Oracle, Silver Lake and MGX will be main investors in TikTok U.S., sources say
Technology

Oracle, Silver Lake and MGX will be main investors in TikTok U.S., sources say

Oracle, Silver Lake and Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday.  Those three entities will control roughly 45% of TikTok USA, Faber reported. ByteDance, TikTok’s Chinese parent, will own 19.9%, with the remaining 35% in the hands of ByteDance investors and new holders. President […]

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Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
Technology

Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips

OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of dollars into the coffers of the artificial intelligence startup to use as it sees fit. But […]

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Instagram now has 3 billion monthly active users
Technology

Instagram now has 3 billion monthly active users

Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said Wednesday. “What an incredible community we’ve built here,” Zuckerberg posted on his Instagram channel. The figure […]

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TikTok deal won’t include ‘golden share’ or equity for U.S., Trump administration says
Politics

TikTok deal won’t include ‘golden share’ or equity for U.S., Trump administration says

White House press secretary Karoline Leavitt says that a deal is reached between the U.S. and China where TikTok’s algorithm and data are controlled by America and are majority-owned by Americans in the United States. Mike Campbell | Nurphoto | Getty Images A preliminary deal to keep TikTok alive in the United States will not […]

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White House says TikTok’s algorithm and data will be controlled ‘by America’ in new deal
World

White House says TikTok’s algorithm and data will be controlled ‘by America’ in new deal

White House press secretary Karoline Leavitt on Saturday revealed further details of a deal reached between the U.S. and China over control of the popular social media platform TikTok, sharing that six Americans will sit on the seven-seat board that will control the company and that the U.S. would control the app’s algorithm. “This deal […]

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Hands-on with the Meta Ray-Ban Display glasses
Technology

Hands-on with the Meta Ray-Ban Display glasses

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images When it comes to the new $799 Meta Ray-Ban Display glasses, it’s the device’s […]

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Apple CEO Tim Cook says iPhone price hikes are not tied to tariffs
Technology

Apple CEO Tim Cook says iPhone price hikes are not tied to tariffs

Apple CEO Tim Cook said price hikes on the newest iPhone models aren’t tied to President Donald Trump’s sweeping tariff plans. “There’s no increase for tariffs in the prices to be totally clear,” Cook told CNBC’s Jim Cramer from Apple’s Fifth Avenue store location in New York City, as the latest iPhone model launched in […]

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Trump, Xi call on TikTok deal underway
Politics

Trump, Xi call on TikTok deal underway

Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images President Donald Trump and Chinese leader Xi Jinping on Friday began a much-anticipated call aimed at finalizing a deal to keep TikTok from going dark in the U.S. The call began at 8 a.m. ET, a White House […]

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Mark Zuckerberg unveils 9 Meta Ray-Ban Display glasses
Technology

Mark Zuckerberg unveils $799 Meta Ray-Ban Display glasses

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Mark Zuckerberg on Wednesday unveiled the $799 Meta Ray-Ban Display glasses, the social media […]

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How are Gen Zs affording luxury trips? For some, it’s all a facade
Travel

How are Gen Zs affording luxury trips? For some, it’s all a facade

Jon Morgan, co-founder of business consulting firm, Venture Smarter, was mentoring a Gen Z entrepreneur when he noticed something strange about her life and the one she portrayed online. His 23-year-old mentee had spent 1½ years crafting a luxury travel persona — one that suggested she was living a $500,000-a-year lifestyle, he said. In reality, […]

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