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Republican Sen. Mike Rounds of South Dakota leads in his Senate race by more than 20 points, according to a new poll shared first with Semafor, a sign that any blue wave in November will have its limits. Rounds is trouncing independent candidate Brian Bengs 57% to 36% in the deep

Automattic, the parent company to WordPress.com, WooCommerce, Tumblr, and others, has begun layoffs, and insiders tell us they are bracing for more cuts to come. Over at least the past week, the cuts have impacted its communications team, social team, WordPress.com, and its VIP e

NEW YORK — General Motors plans to lean into artificial intelligence and vehicle software for future growth and development amid increasing competition abroad from Chinese automakers and a tougher U.S. market. The Detroit automaker on Wednesday shared new details about a propriet

AI - Nvidia woos wary Europeans with more open weights models New embedding, parsing, and reranking models promise smarter agentic RAG workflows - Jensen Huang sends in the robot ducks to sell Nvidia's AI-everywhere vision Containerized datacenters, androids, and telecoms all fea

The company reported quarterly revenue of $64.60 billion, beating Wall Street estimates of $63.37 billion, according to data compiled by LSEG. Meta also projected fourth-quarter revenue above analysts’ expectations. The Facebook and Instagram parent has been investing heavily in

IBM Posts 5% Sales Growth, Says Infrastructure Deals Came Back Takeaways by Bloomberg AI International Business Machines Corp. reported sales that topped analysts’ estimates, saying it had recovered most of the infrastructure deals that were delayed earlier this year. Sales incre

Pope does not need further treatment after lung cancer surgery - Published Pope Leo XIV does not need any further treatment following an operation to remove a cancerous growth from his lung, his doctors have said. Test results on tissue removed during surgery confirmed he had had

Meta Touts AI Progress While Escalating Its Bet on the Market Takeaways by Bloomberg AI Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg told investors that a pricey wager on artificial intelligence is delivering results, setting the stage for the company to bet even m

Meta was ordered to pay $25 billion in penalties by a New Mexico court on Wednesday as part of a data privacy case that stemmed from the company's Cambridge Analytica scandal from nearly a decade ago. The penalty, revealed in a court filing, comes after a jury in a Santa Fe court

Meta was ordered to pay $25 billion in penalties by a New Mexico court on Wednesday as part of a data privacy case that stemmed from the company's Cambridge Analytica scandal from nearly a decade ago. The penalty, revealed in a court filing, comes after a jury in a Santa Fe court

Technology Texas Instruments Gives Sales Forecast That Tops Estimates FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleConfidential tip? Send a tip to our reporters Site feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGift Takeaways by

Fernandes rounds on Carrick after Man Utd humiliation - Published Manchester United captain Bruno Fernandes turned on head coach Michael Carrick following one of the most humiliating nights in the club's European history. A 4-1 Champions League hammering at Como led to Carrick fi

Bloomberg The Close • Oct 21st, 2026 Bose CEO Lila Snyder on Skullcandy Acquisition With Bose acquiring Skullcandy today, CEO Lila Snyder sat down with Bloomberg's Romaine Bostick to discuss what the deal means for both companies, how the audio company is trying to reach the ne

Rosenberg: US diplomatic push offers little hope for imminent Ukraine peace - Published After two days of diplomacy – in Norway's capital and Russia's St Petersburg – is the war in Ukraine any closer to ending? "Good and constructive" is how Norway's prime minister described Tues

Meta Plans to Issue New Non-Voting Stock for Capital Raising Meta Platforms Inc. has established a new class of non-voting stock that it could use to fund its heavy spending on artificial intelligence. The company will distribute a dividend consisting of the new Class C stock to

Websites taken down worldwide as critical cyber-security update issued - Published International governments and agencies have urged websites to address two critical cyber-security flaws in a programming language which powers much of the internet. The vulnerabilities were found w

Investors may be wary of the volatility hitting parts of the bond market right now, but they have an "historic" opportunity to grab attractive yields in high-quality credit, Rick Rieder, BlackRock's chief investment officer for global fixed income, told CNBC in an exclusive inter

Anthropic just announced an AI agent competitor to Meta’s Muse and OpenAI’s Dots: Claude Duet. The new agent, designed for professionals and small business owners, is launching as a “research preview,” according to Anthropic, and it’s available as a standalone app on iOS and Andr

When GM announced its new fourth-generation EV platform on Wednesday, what the automaker didn’t share was almost as notable as what it did. The new EV platform, part of a series of technology-focused announcements made during its annual GM Forward event in New York, didn’t talk a

Elon Musk said earlier this week that he plans to give every kid in America a share of SpaceX next year, and Altimeter Capital CEO Brad Gerstner said Wednesday that the stock donations would come via Trump Accounts. If it happens, that donation of $10.5 billion worth of shares is

In his comments, Reserve Bank of India (RBI) Governor Sanjay Malhotra said that there are increasing signs of generalisation of inflation as 37% of the commodities in the consumer basket had inflation above 4% in August, up from merely 20% in March. Also Read: India’s economy sta

In 1990, Eugene Brooks of Lawrence Livermore told the Supercomputing conference that nothing would withstand the attack of the killer micros. “Micro” referred to microprocessor, meaning a general-purpose chip that did a good job at most types of computation. They were also being

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are moving solidly higher , putting the S & P 500 and Nasdaq on track for their third consecutive win

'Playing for their careers' - Australia reeling after extraordinary day - Published Second Test, Gqeberha (day four of five) South Africa 425-9 dec: Bavuma 179, Jansen 85; Boland 5-81 Australia 99 & 156-4: Head 87*; Rabada 2-30 Australia trail by 170 runs Not since the Nottingham

Apple just revealed a new brand identity for Apple Music, with the expected turn to Liquid Glass. I’m not much of a fan of their new design language in general; this is where I admit that I’m still running MacOS Sequoia and have grumpy things to say about rounded corner radii and

The review, undertaken as part of efforts to strengthen internal controls and restore confidence in the bank's governance practices, includes scrutiny of email communications involving some senior management personnel, the people said. Also Read: HDFC Bank investigates two senior

The tale of the Cambridge Analytica data scandal is long — and it keeps costing Meta gargantuan sums of money. On Wednesday, a judge ordered the social media giant to initiate its biggest payout yet: $25 billion to the state of New Mexico for the tech giant’s role in deceiving re

The bank was alerted on October 16 by its threat-intelligence service provider, the Defence Cyber Agency and the Indian Computer Emergency Response Team (CERT-In) about the suspected exposure of customer data, the lender said in an exchange filing. Also Read: SBI hit by cyberatta

Intel installs production tools at Fab 62 in Arizona, provides updates on Ohio chip fab — confirms High-NA EUV for High Volume Manufacturing in 2028 Intel's American semiconductor operations are a step or two ahead of the competition. Intel on Wednesday announced that it had star

Anthropic said it would commit 5% of its shares — potentially more if it hits unspecified revenue targets — to a public-benefit fund, the latest effort by frontier AI labs to head off political backlash over the technology’s impact on jobs and society. Its rival OpenAI has simila

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Anthropic plans to commit 5% of its shares to a new public benefit fund, as the AI company seeks to direct a portion of its growth towards addressing the broader societal impact of artificial intelligence. The proposed Anthropic Public Benefit Fund could support large donations t

Anthropic said Sunday it plans to commit 5% of its shares to a new public benefit fund, with the stake potentially increasing as the company's valuation grows. Subject to shareholder approval, the fund would immediately commit 5% of Anthropic's shares, with the board adding, at i

Walmart is embracing agentic commerce with the launch of its own Agent Gateway to manage transactions and other new features aimed at customers using AI agents, the retailer announced on Wednesday. The move comes shortly after Walmart’s top competitor, Amazon, began blocking AI a

Walmart will soon let AI agents shop on its website for you. Next month, the retail giant will allow you to use an AI agent on the site, with systems in place to let you approve and review purchases and set spending limits. Walmart is inviting AI agents to shop for you While Amaz

The global asset manager launched the iShares Future Robotics and Related Technologies ETF on Wednesday, targeting companies that use intelligent machines to automate repetitive tasks across industries including transportation and manufacturing. Robotics seen as next leg of AI ad

* Fed outlook seen anchoring direction until next week's policy meeting * Aussie gains after RBA deputy governor flags materially worse inflation outlook * French unrest and fiscal strains pressure the euro as borrowing costs hit 24-year highs * (Updated in New York afternoon tim

Meta plans to introduce new non-voting stock, the company announced, which suggests it’s likely to lean heavily on new share sales to fund its AI buildout. The plan, earlier reported by Semafor, will allow the company to issue new stock — for acquisitions, to lure top AI talent,

The legendary studio behind series like Mass Effect, Dragon Age, Neverwinter Nights, and Star Wars: Knights of the Old Republic is no more. BioWare announced via social media Wednesday afternoon that “after more than three decades of shared adventures, BioWare is closing and earl

The internet is having a bad day, from a cybersecurity perspective. Government websites around the world went offline, Reuters reported, after AI discovered critical security vulnerabilities that impacted the programming language PHP. The issues were severe enough that the U.S. N

* 10-year yield on pace for second straight daily decline * 20-year bond auction seen as mixed by analysts * Markets price 14.9% chance of 25-basis-point Fed hike, CME FedWatch shows (Updates to afternoon trading) By Chuck Mikolajczak NEW YORK, Oct 21 (Reuters) - US Treasury yiel

AI - Nvidia woos wary Europeans with more open weights models New embedding, parsing, and reranking models promise smarter agentic RAG workflows - Jensen Huang sends in the robot ducks to sell Nvidia's AI-everywhere vision Containerized datacenters, androids, and telecoms all fea

A big Mattel shareholder is preparing to mount a proxy fight at the toymaker and push the company toward a sale, according to people familiar with the matter. Southeastern Asset Management has been considering whether to nominate new directors at Mattel as part of a proxy fight,