Google is placing a lot of importance on engaging with governments across the world, even amid tensions around artificial intelligence, privacy and fake news, according to one of the company’s top engineers. “It’s important to engage with governments around the world in how they’re thinking about AI — to help inform them,” Jeff Dean, head […]
Read moreFutures pointed to a steady open for Asian stocks on Wednesday after U.S. markets closed little changed following President Donald Trump’s announcement that the U.S. would pull out of the Iran nuclear deal. The Dow Jones industrial average was nearly flat, closing up 0.01 percent, or 2.89 points, at 2,4360.21. The two other major U.S. […]
Read moreOil prices may have slid from their near-$70 highs after the United States withdrew from the Iran nuclear deal, but CNBC’s Jim Cramer found an under-the-radar beneficiary of higher crude costs. General Electric, the ailing industrial giant, could see its Baker Hughes oil business get a boost from crude at $69, the “Mad Money” host […]
Read moreTelecommunications giant AT&T said Tuesday night that it had paid President Donald Trump‘s lawyer Michael Cohen for “insights” about the Trump administration. AT&T’s admission came after a lawyer for porn star Stormy Daniels claimed the company, drug giant Novartis and a Russian oligarch had all made payments to Cohen’s shell company. Daniels’ lawyer, Michael Avenatti, […]
Read moreGoogle put its prowess in artificial intelligence, as well as its commitment to wielding it responsibly, front and center during the keynote of its I/O developers conference on Tuesday. A rotating cast of Google execs stressed during demos that AI was at the core of their products, showing off advancements in Gmail, Maps, and its […]
Read moreWalt Disney CEO Bob Iger told CNBC on Tuesday that he remains “confident” the deal with Twenty-First Century Fox will move forward. Disney’s $52 billion bid for Fox was announced in December. On Monday, sources told CNBC that Comcast is planning a $60 billion all-cash bid to acquire Fox’s assets if the U.S. government approves […]
Read moreTHOMAS NEHREN NEVER knew what to expect when he was on the road in his hometown of Salt Lake City. Whether it was speed traps, accidents or road construction, he too often found himself on the wrong street at the wrong time, when a different way to work might have kept him away from traffic […]
Read moreDavid Marcus, Facebook‘s head of Messenger, is going to head up a new group focused on the blockchain technology that underlies bitcoin. “I’m setting up a small group to explore how to best leverage Blockchain across Facebook, starting from scratch,” Marcus said in a post Tuesday afternoon on the social media site. Marcus joined the […]
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Warren Buffett‘s longtime investing partner Charlie Munger thinks Americans should look for opportunities in China, where Berkshire Hathaway has invested in electric automaker BYD. “American investors are missing China,” Munger said Saturday in response to a question at Berkshire’s annual shareholder meeting. “It just looks too hard, sitting in Omaha, to outsmart the Chinese market. […]
Read moreFacebook “instituted its biggest executive shakeup in its 15-year history this week,” Recode reported on Tuesday, a reorganization that will include a new blockchain effort and aims to address privacy concerns. Facebook confirmed the report to CNBC but did not share any comments to Recode’s report. The experimental blockchain group will be led by David […]
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