Markets are counting on a successful summit between President Donald Trump and North Korean leader Kim Jong Un when the two hold a historic meeting in Singapore on Tuesday. But expectations are low for a detailed plan, laying out denuclearization on North Korea’s part. Strategists mostly expect a positive spin and a prelude to future […]
Read moreTechnology-home-design hybrid Houzz is using augmented reality to help consumers visualize furniture and decor in their home — and it’s paying off in droves. In an interview with CNBC, Houzz CEO Adi Tatarko, who founded the online platform with her husband Alon Cohen in 2009, said that users of Houzz’s new 3D app are 11 […]
Read moreVerizon Communications’ CEO change has Wall Street buzzing about what’s next for the mobile giant, but for Tim Armstrong, CEO of Verizon subsidiary Oath, the move sends a clear signal. “This is just a pure signal, a pure leadership sign that Verizon’s going to be a leader in 5G,” Armstrong, formerly CEO of AOL, told […]
Read moreCurrency, United States Finance
France's Macron sees way forward on trade, Trump says working together
French President Emmanuel Macron said on Friday it was possible to make progress on trade issues that have split the United States and its allies after meeting with U.S. President Donald Trump. Following an exchange of terse messages before the summit, the two leaders struck a conciliatory tone with Trump saying that the relationship was […]
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At WWDC this week, Apple unveiled a series of features coming to iOS 12 that are aimed at minimizing how often we use our phones and helping us sleep better. Parents will also have more controls to minimize how long their kids are on social media or how much time they spend playing games. Here’s […]
Read moreFacebook formed special deals with select companies that granted them access to the data of users and their friends well past 2015, when the social media company said it cut off developer access to that information, according to a Wall Street Journal report. Referred to as “whitelists,” the special agreements allowed companies to access information, […]
Read moreAfter lagging behind China for years, the United States now has the world’s fastest supercomputer. The new machine was unveiled on Friday by the Department of Energy, which partnered with IBM and Nvidia to build it. IBM designed the supercomputer, called Summit, IBM CEO Ginni Rometty told CNBC on Friday. “This is really one of […]
Read moreDialog Semiconductor, which supplies power management chips for Apple‘s iPhone, is in talks to acquire Synaptics, the maker of touch-screen and display technology used in mobile devices, according to a person familiar with the matter. Bloomberg previously reported the talks. Dialog, which has a market capitalization of about $1.1 billion, is smaller than Synaptics, whose […]
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SpaceX is looking to build several new facilities at NASA’s historic Kennedy Space Center in Florida, including a state-of-the-art launch control center and a massive processing facility for its rockets, according to environmental impact documents filed to NASA in April. Florida Today first reported the news Friday. “As SpaceX’s launch cadence and manifest for missions […]
Read moreEU antitrust regulators are set to approve U.S. cable company Comcast’s bid for European pay-TV company Sky without demanding concessions, two people familiar with the matter said on Friday. Comcast is battling Rupert Murdoch’s Twenty-First Century Fox for Sky. The media mogul’s bid to buy all of Sky has been delayed by politicians and regulators […]
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