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☆ Don't bet against Zuckerberg: Meta's earnings-driven stock slide is an opportunity
▼ + stars: | 2024-04-24 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

META YTD mountain Meta Platforms YTD We obviously don't like what we are seeing after hours in the stock. While expecting a similar dynamic to play out now with AI investments, Zuckerberg fully expects the end result to be similar as the team scales its offerings and then begins to monetize the investments. Regarding shareholder returns, the company repurchased $14.6 billion worth of stock during the quarter while returning another $1.3 billion via dividends. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. The logo of the U.S. company created by Mark Zuckerberg, Meta is displayed during the Viva Technology conference at Parc des Expositions Porte de Versailles on June 15, 2023 in Paris, France.

Persons: That's, Mark Zuckerberg, we'll, Zuckerberg, China's ByteDance, we've, we're, it's, ChatGPT, Jim Cramer, Joe Biden, Jim, Jim Cramer's, Porte de Versailles Organizations: Revenue, LSEG, Zuckerberg, China's, Meta, Microsoft, Electric, Realty Labs, Daily, People, CNBC, U.S ., Viva Technology, Parc, Chesnot, Getty Locations: U.S, Asia, Pacific, Paris, France

☆ What investors need to know about crypto taxes amid the latest bitcoin rally
▼ + stars: | 2024-03-16 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Whether you're a longtime crypto investor or recently purchased digital assets, here are some key things to know from crypto tax experts. For 2023, there's a "digital assets" question on the front page of Form 1040, along with returns for estates and trusts, partnerships, corporations and S corporations. Andrew Gordon President of Gordon Law Group"Yes-or-no questions are quite powerful," said Andrew Gordon, tax attorney, certified public accountant and president of Gordon Law Group. However, the 2023 digital assets question does not apply to bitcoin futures ETFs or spot bitcoin ETFs, he said. How crypto tax reporting works

Persons: Cryptocurrency, Matt Metras, Andrew Gordon President, Andrew Gordon, Gordon, They're Organizations: IRS, MDM Financial, Gordon Law, Gordon Law Group

☆ Elon Musk vs. Sam Altman: One is clearly winning the nastiest battle in tech
▼ + stars: | 2024-03-15 | by ( Natalie Musumeci | Grace Kay | ) www.businessinsider.com time to read: +8 min

Elon Musk filed a lawsuit against OpenAI and its CEO Sam Altman, years after he left the startup. "Elon Musk is the best PR stuntsman I've ever seen," Kyle Arteaga, the CEO of the national tech PR company, The Bulleit Group, said. Earlier this month, Altman told veteran tech reporter Kara Swisher that Musk was his "absolute hero" growing up. AdvertisementDuring the interview, Swisher told Altman she thought Musk's lawsuit was "nonsense." Representatives for Musk, Altman, and OpenAI did not immediately respond to a requests for comment by Business Insider.

Persons: Elon Musk, Sam Altman, Musk, —, Elon, Altman, Muhammad Ali, Evan Nierman, Michael Kovac, OpenAI, Nierman, Sam Altman's, he's, xAI, Kyle Arteaga, Arteaga, it's, — Anthropic, He's, Tom Mueller, Alan Dunton, he'd, Musk's, you've, Dunton, JACK GUEZ, Ayelet Noff, Noff, Lex Fridman, Kara Swisher, Swisher, " Swisher Organizations: OpenAI, Service, Banyan, Yerba Buena Center, Arts, Microsoft, SpaceX, Musk, Communications, Elon, Getty, Business Locations: California, San Francisco, AFP, Altman's

☆ Paris Fashion Week: Fashion, feminism and a fake Kate Moss
▼ + stars: | 2024-03-06 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +15 min

Pascal Le Segretain/Getty ImagesEqually at Rabanne, tartan blazers were given a grungier edge with leather-trimmed sleeves and fasteners. The rise of ‘Les People’Traditionally, showing interest in celebrities (“Les people” in Parisian slang) was a big no-no amongst the proudly snobby French fashion press. For busy women, multitasking women, women who can. Pascal Le Segretain/Getty ImagesStockman-style coats in colored, patent and soft leather were everywhere at Chloé, as were thigh-high boots and wafting, chiffon dresses. Pascal Le Segretain/Getty ImagesTraditional preppy skirt suits were given an edge with "Miss Dior" emblazoned in a graffiti style scrawling.

Persons: Saint Laurent, —, Wim Wenders, “, ” Balmain’s, Ester Manas, Nina Ricci, Kate Moss, Denise Ohnona, Serre, Arnel Dela, Alessandro Vigilante, ”, Coco, Kroes, Pascal Le Segretain, Chemena, Sienna Miller, Gaby Aghion, preppy Kristin Scott Thomas, Miu Miu, Farida Khelfa, Carine, Julia Roitfeld, Victoria Beckham, Anna, Pat Cleveland, Jerry Hall, Georgia Jagger, Kiernan Shipka, Georgia May Jagger, Julien de Rosa, ’ ’, Charles de Vilmorin, Aldama, Loewe, Dior ” —, Jackie O, Salma Hayek, Kim Kardashian, Naomi Campbell, Penelope Cruz, Hari Nef, Emily Ratajkowski, Victor Aubry, Sipa, JM Haedrich, Alexandre Maras, Louise Trotter, Sophie Abriat, Valentino, Givenchy, Laurent, Demna, BFRND, scupltor, Jaanisoo, Rémy Brière, Nicolas Di Felice, Louis Sullivan, Justin Shin, McQueen, Seán, Ib Kamara’s, Nicolas Ghesquière, Louis Vuitton, Stockman, Jonas Gustavsson, Coco Chanel, Casey Cadwallader's, Albert York, Dior, Victor Virgile, Kristin Scott Thomas, Miu, Olivier Rousteing, Ik Aldama, Chloe —, Miller's, Arnold Jerocki, Filippo Fior, Gonzalo Fuentes, Thierry Chesnot, Ester Manas's Organizations: CNN, Paris, Paris CNN —, Eiffel, Saint Laurent Museum, Chloé, Victoria, Getty, Loewe, Dior, Monde, Saint Laurent, The Washington Post Locations: Paris, Trocadero, British, Deauville, Normandy, Mugler, Chloé, Georgia, AFP, Balenciaga, Chanel, Estonian, Courrèges, Dior

☆ These other crypto trades are having big years as bitcoin hits a record high
▼ + stars: | 2024-03-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Start with the arrival of bitcoin exchange traded funds, which is often pointed to as one of the sparks of the crypto rebound. IBIT 1M mountain Bitcoin ETFs, like iShares' IBIT, have surged over the past month as the cryptocurrency has raced to a new record high. MSTR 1M mountain Shares of Microstrategy are outperforming bitcoin over the past month. Stock Chart Icon Stock chart icon Bitcoin ETFs, like iShares' IBIT, have surged over the past month as the cryptocurrency has raced to a new record high. Stock Chart Icon Stock chart icon Shares of Microstrategy are outperforming bitcoin over the past month.

Persons: Kenneth Worthington, It's, cryptocurrencies Organizations: Fidelity, Bitcoin, JPMorgan, Marathon, Getty

☆ Russia relishes NATO disarray after hasty denials of plan to deploy ground troops to Ukraine
▼ + stars: | 2024-02-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

The United States, Germany, the U.K., Spain, Poland and NATO Secretary General Jens Stoltenberg were among those denying that sending ground troops into Ukraine was an option. She claimed NATO countries' denials that they planned to send their ground troops into Ukraine showed the West had "betrayed Ukraine and will continue to use and betray it," repeating Moscow's baseless claims that Western countries are using Ukraine to destroy Russia. After the conference, Macron said discussions had also covered the possibility of deploying ground troops, although he said there was no agreement on the issue. France was left looking increasingly isolated throughout the day Tuesday, with the White House also distancing itself from Macron's comments. When asked about Macron's comments, Kirby said "well, that's a sovereign decision that every NATO ally would have to make for themselves.

Persons: Vladimir Putin, Sergei Shoigu, Mikhail Metzel, Emmanuel Macron, Jens Stoltenberg, Dmitry Medvedev, Macron, Vyacheslav Volodin, Volodin, Napoleon Bonaparte, Napoleon, Maria Zakharova, Macron's, Stephane Sejourne, John Kirby, Kirby, General Stoltenberg, —, Biden, Timothy Ash, Ash Organizations: Defence, Sputnik, Reuters, NATO, Russian, Russia's Foreign Ministry, Ukraine —, Russian Foreign, Tass, Chesnot, Getty, White, . National Security, Kremlin Russia, Kremlin, Russia, BlueBay Asset Management Locations: Nazi Germany, Moscow, Russia, Reuters Russia, Ukraine, United States, Germany, Spain, Poland, NATO, Russian, France, Canada, Paris, France's, Republic, U.S

☆ Why Jack Dorsey's failure led to Elon Musk's arrival at Twitter
▼ + stars: | 2024-02-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +12 min

Elon Musk's chaotic takeover of Twitter was enabled by Jack Dorsey's hands-off leadership style. AdvertisementThe world has been able to watch the chaos that ensued after Elon Musk bought Twitter, more or less in real time. AdvertisementI talked to Wagner about Twitter under Jack Dorsey, and Twitter and Musk, and what happens next. Former Twitter CEO Jack Dorsey quiet quitsPeter Kafka: What was your sense of Jack Dorsey before you got into this project? I think Elliott forced his hand on that front and made the job really, really un-fun for him.

Persons: Elon, Jack Dorsey's, Kurt Wagner, Musk, —, Elon Musk, Jack Dorsey, Kurt Wagner's, Wagner, Dorsey, Peter Kafka, He's, That's, it's, Elliott, Covid, Jack, JOSH EDELSON, he'd, Twitter, Antonio Masiello, “, There's, they've, Esther Crawford, I'm Organizations: Twitter, Service, Elon, Bloomberg, Elliott Management, San, Getty, Journal Locations: San Francisco

☆ Bitcoin tops $48,000 in a big comeback to end the week
▼ + stars: | 2024-02-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

In this article BTC.CM=ETH.CM= Follow your favorite stocks CREATE FREE ACCOUNTChesnot | Getty ImagesBitcoin marched higher to end the week, with its price breaching the $48,000 level for the first time since spot bitcoin exchange-traded funds began trading. Earlier, bitcoin rose to as high as $48,207.78 for the first time since Jan. 11, when the price momentarily touched $49,058.48 in volatile trading following the launch of spot bitcoin ETFs. Before that, bitcoin had not seen the $48,000 level since March 2022. Nevertheless, bitcoin's now up 10% for the week, while ether is on track for a 9% gain. Coin Metrics measures a week in crypto, which trades 24 hours a day, from the 4:00 p.m.

Persons: Bitcoin, cryptocurrency, bitcoin, bitcoin's, Sylvia Jablonski Organizations: Getty, Metrics Locations: Defiance

☆ Bitcoin bounces above $43,000, turns positive for 2024
▼ + stars: | 2024-01-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: 1 min

Chesnot | Getty ImagesThe price of bitcoin broke above the $43,000 level on Monday as the cryptocurrency extended its recent gains. Bitcoin has fought back into the green for the year following steep losses after the long-awaited approval of spot bitcoin ETFs. Stock Chart Icon Stock chart icon Bitcoin rises above $43,000 MondayEther rose nearly 2% to $2,301.89. Bitcoin ETFs have been the biggest driver of the cryptocurrency's price action in recent weeks. Outflows from the Grayscale Bitcoin ETF had disappointed some investors, who shook off those worries last week as they appeared to taper off.

Persons: bitcoin, Bitcoin Organizations: Metrics, ADA

☆ Here's what a bitcoin ETF actually means for investors
▼ + stars: | 2024-01-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

A false statement saying the regulator had approved a bitcoin ETF was published Tuesday on the SEC's social media account on X, formerly known as Twitter. CNBC runs through everything you need to know about the bitcoin ETF milestone. As crypto investors look to assess what the market impact of a bitcoin ETF might be, many are comparing Wednesday's news to the greenlighting of the SPDR Gold Shares ETF — the first-ever spot gold ETF — in 2004. A bitcoin ETF opens up the audience of people and institutions that can buy and sell bitcoin to those with little experience trading cryptocurrency. "There is now a U.S. bitcoin spot ETF, and bitcoin is no longer considered shady or infamous.

Persons: Vijay Ayyar, Ayyar, Kevin de Patoul Organizations: . Securities, Exchange, U.S, Ark, Twitter, CNBC, — Locations: BlackRock, Invesco, U.S

☆ Elon Musk says his kids' safety is at risk unless a Texas judge restricts access to his custody battle with Grimes
▼ + stars: | 2023-12-02 | by ( Erin Snodgrass | Grace Kay | ) www.businessinsider.com time to read: +7 min

Elon Musk filed new documents in Texas court asking a judge to restrict access to his custody battle. Attorneys for Musk want a judge to issue a protective order before he agrees to sit for a deposition. Musk also asked a judge to suspend public access to documents in the case, arguing the potential risk to his children outweighs any public interest in the high-profile custody battle. AdvertisementMusk was first to strike, however, quietly suing Grimes in Texas court in September to establish a "parent-child" relationship with the kids. AdvertisementA protective order would guarantee the information Musk reveals during a deposition remains private and inaccessible to the public, Melcher added.

Persons: Elon Musk, —, Grimes, Musk, Claire Boucher, X, Grimes didn't, Christopher Melcher, Walzer Melcher, Melcher, Elon, Chesnot, Frazer Harrison, countersued, CHANDAN KHANNA, Jack Sweeney, Sweeney, he'd, Bob Iger Organizations: Musk, Service, Business, Tau, BI, Elon, Getty, Circuit, SpaceX, Twitter, Sweeney, Summit, Disney Locations: Texas, California, Americas, Austin , Texas, Ukraine

☆ New billionaire heirs overtake self-made ones as $5.2 trillion wealth transfer begins
▼ + stars: | 2023-11-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

“The great wealth transfer is gaining significant momentum as many billionaire entrepreneurs age,” Benjamin Cavalli, who oversees strategic clients in the global wealth management unit at UBS, told reporters. Their combined wealth rose 9% to $12 trillion, before taking inflation into account. Arnault is the world’s third-richest man, with a net worth of $167 billion, according to the Bloomberg Billionaires Index. Risks and opportunity for UBSThe “staggering” transfer of wealth to younger generations presents a huge opportunity for UBS, but also poses considerable risks, according to Cavalli. Heirs lean more toward impact investing — that is, socially or environmentally beneficial investing — over “classic grant-giving philanthropy,” Cavalli said.

Persons: “, ” Benjamin Cavalli, LVMH's Bernard Arnault, Helene, Frederic, Delphine, Antoine, Alexandre, Bernard Arnault, Arnault, Tesla’s Elon Musk, Jeff Bezos —, —, India’s Gautam Adani, Mukesh Ambani, Cavalli, ”, Morgan Stanley —, Stefan Wermuth, ” Cavalli, Charlie Munger, Henry E Organizations: London CNN, UBS, Bloomberg, Adani Group, Reliance Industries, Suisse, Getty, ”, Berkshire Hathaway, Huntington Library, Art Locations: Paris, Europe, France

☆ I saved $200 on flights by traveling on Christmas Eve last year. I'd do it again in a heartbeat.
▼ + stars: | 2023-11-29 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +4 min

Last year on Christmas Eve, I flew from Boston to Paris with my family of four. I don't regret celebrating Christmas Eve or Christmas Day in a nontraditional way. Darren McCollester/GettyWe found the cheapest flights from Boston to Paris if we booked them for Christmas Eve. According to a 2023 study from the flight-search site CheapAir.com, Christmas Eve is the best-priced departure date for the holiday season. At first, I was disappointed to miss out on our usual Christmas Eve celebrationsThe author stands in front of a Christmas tree at home; the Champs-Élysées in Paris decorated for Christmas.

Persons: —, I've, shirk, Darren McCollester, Getty, Erin McDowell Organizations: Service, Virgin Atlantic, Airport Locations: Boston, Paris, Boston's

☆ How to watch SpaceX's Starship launch live
▼ + stars: | 2023-11-16 | by ( Marianne Guenot | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Watch SpaceX try to skim Earth's orbit with its Starship rocket on Saturday. The launch was initially planned for Friday, but a grid fin actuator needed to be replaced postponing the launch, SpaceX announced Thursday on X. If the rocket launch succeeds this weekend, the giant spaceship will reach space for the first time. When stacked, Starship stands at almost 400 feet tall and 30 feet wide. AdvertisementSpeaking in an earlier interview in June, Musk had estimated this Starship launch had about a 60% chance of reaching its goal.

Persons: Elon Musk's, —, Elon Musk, Musk, we've, Abhi Tripathi, Tripathi, Space.com Organizations: SpaceX, Service, NASA, International Astronautical Federation, Super Locations: Mars, Boca Chica , Texas, Gulf of Mexico, of Mexico, Hawaii

☆ A beginner's guide to investing in art — that won't break the bank
▼ + stars: | 2023-11-09 | by ( Lucy Handley | ) www.cnbc.com time to read: +10 min

Will Ramsay, founder and CEO of the Affordable Art Fair, which puts on exhibits worldwide, said collecting art is easier than people might think. However, contemporary art is likely to increase in value over the long term, Diament said. There's also a satisfaction in buying something from a living artist, Diament said. "Some people like color, other people like to focus on drawings without color … you have people who collect just one artist," Taylor said. Provenance — which refers to the history and ownership of a piece — is often an important consideration when buying art.

Persons: Nicholas Bowlby, Puja Bhatia, You've, Karen Taylor, Taylor, Maria Artool, Will Ramsay, Robert Diament, Diament, you'll, Tracey Emin, Carlotta Cardana, There's, Knight Frank, Knight, Ramsay, Eileen Agar, Jeff Spicer, George Romney, Voltaire, Magda Archer, Ella Kruglyanskaya, Carl Freedman, Benjamin Senior, Richard Parkes Bonington, Judith Burrows, he'd, It's, Artool, Isabelle Paagman, Sotheby's, Paagman, Shepard Fairey Organizations: CNBC, Fair, of, Bloomberg, Getty, Knight, Investment, Art Market Research, Whitechapel Gallery, Art, San, Wallace Locations: London, U.K, British, Austin, Berlin, Brisbane, Latvian, Britain, Venice, American, Europe, Italy, Paris, France

☆ Elon Musk is in the UK for a pivotal summit on AI — here's who's going
▼ + stars: | 2023-11-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Here's who's goingMajor names in the technology and political world will be there. They range from Tesla CEO Elon Musk, whose private jet landed in the U.K. late Tuesday, to U.S. Vice President Kamala Harris. What the summit seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The summit is squarely focused on so-called "frontier AI" models — in other words, the advanced large language models, or LLMs, like those developed by companies such as OpenAI, Anthropic, and Cohere. Loss of control risks refer to a situation in which the AI that humans create could be turned against them.

Persons: Elon Musk, Mandel Ngan, Rishi Sunak's, ChatGPT, Here's who's, Kamala Harris, Musk, Elon, Brad Smith, Demis, Yann LeCun, Global Affairs Nick Clegg, Adam Selipsky, Sam Altman, Dario, Jensen Huang, Rene Haas, Dario Gil Darktrace, Poppy Gustaffson Databricks, Ali Ghodsi, Marc Benioff, Cheun Kyung, Alex Karp, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, Will Organizations: Senate, Intelligence, U.S, Capitol, Washington , D.C, Afp, Getty, Bletchley, Microsoft, Tesla, CNBC, Global Affairs, Web, Rene Haas IBM, Marc Benioff Samsung, Technology, South, Sony, Joe Biden Canadian Locations: U.S, Washington ,, China, U.K, South Korean, Chesnot

☆ The UK is gearing up for a pivotal summit on AI. Here's what you need to know
▼ + stars: | 2023-10-31 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

Where it's being heldThe AI summit will be held in Bletchley Park, the historic landmark around 55 miles north of London. What it seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The British government wants the AI Summit to serve as a platform to shape the technology's future. They say that, by keeping the summit restricted to only frontier AI models, it is a missed opportunity to encourage contributions from members of the tech community beyond frontier AI. "By focusing only on companies that are currently building frontier models and are leading that development right now, we're also saying no one else can come and build the next generation of frontier models."

Persons: Rishi Sunak, Peter Nicholls, Rishi Sunak's, ChatGPT, Getty, codebreakers, Alan Turing, It's, Kamala Harris, Saul Loeb, Brad Smith, Sam Altman, Global Affairs Nick Clegg, Ursula von der, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, —, Xi Jinping, Biden, James Manyika, Manyika, Mostaque, we're, Sachin Dev Duggal, Carl Court Organizations: Royal Society, Carlton, Getty, U.S, Microsoft, Coppin State University, AFP, Meta, Global Affairs, Global Affairs Nick Clegg U.S, Ministry of Science, Technology European, Joe Biden Canadian, Britain, Afp, Getty Images Washington, U.S ., Google, CNBC, Big Tech Locations: London, China, Bletchley Park, British, America, Baltimore , Maryland, Chesnot, U.S, Nusa Dua, Indonesian, Bali, EU

☆ Sanofi loses $21 billion in market value after dropping 2025 profit target
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: +2 min

Chesnot | Getty ImagesSanofi stock plunged on Friday, wiping 20 billion euros ($21 billion) off its market value, after it abandoned its 2025 profit target under a plan to list its consumer healthcare business to focus on its core innovative drugs business. Under a push to spend more on immunology and inflammation drug development, the company abandoned a target for a 32% operating profit margin for 2025 to focus on "long-term profitability." Sanofi shares trade at a 12 month forward price-to-earnings ratio of 11, a discount to AstraZeneca's 16 and global pharma index of 17, according to LSEG data. Bayer, led by a new CEO since June, has faced calls by several investors to split off its consumer business. EPS would see a strong rebound in 2025 but not enough to sustain the previous margin target.

Persons: Sanofi, drugmaker, Paul Hudson, Terence McManus, Kenvue, Johnson, Bayer Organizations: Chesnot, Getty, Sanofi, Bellevue Asset Management, Reuters, Barclays, Johnson, GSK, Pfizer Locations: Gentilly, Paris, France, Bellevue

☆ Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive
▼ + stars: | 2023-10-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

If and when it is approved, Coinbase will have a universal "MiCA license" in Ireland, which it can then use to "passport" its services into Germany, France, Italy, the Netherlands and other EU countries. The rules will allow crypto companies to use one license in one country to operate across all 27 EU member states. Currently, Coinbase has an electronic money institution license and virtual asset service provider registration in Ireland; a crypto license in Germany; and national registrations in other EU member states including Italy, the Netherlands and Spain. Paul Grewal, Coinbase's chief legal officer, said that progress has been "slower" than he'd like when it comes to achieving crypto regulation in the U.S. "We're now seeing in court cases real questions being asked about the U.S. approach to crypto regulation and in particular securities regulation," he said.

Persons: Coinbase, Nana Murugesan, we've, Murugesan, Paul Grewal, isn't, Grewal, CNBC's Arjun Kharpal — Organizations: Getty, European Union, CNBC, Central Bank of Ireland, EU, U.S . Securities, Exchange Commission, SEC Locations: Crypto, Dublin, Ireland, Germany, France, Italy, Netherlands, Spain, U.S, San Francisco, United States, Central, Northern, Western Europe, North America, Europe, headcount

☆ Street Fighter, Resident Evil developer says it plans to tap on synergy between gaming and movies
▼ + stars: | 2023-09-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

After two years of absence linked to the Covid-19 pandemic, Paris Games Week is making a comeback in Paris. Tsujimoto pointed that Capcom releases new game titles every year to already existing franchises, such as Street Fighter and Resident Evil, "indicates that we have a strong and high quality catalog." watch nowCapcom is no stranger to the film industry, having seen a live action movie Street Fighter made in 1994 and Resident Evil made into seven films since 1997. "We have experienced the synergistic effects of doing so, whereby movies sell well and games sell well, when a game is made into a movie." We have experienced the synergistic effects of doing so, whereby movies sell well and games sell well, when a game is made into a movie.

Persons: Porte de Versailles, Haruhiro Tsujimoto, Tsujimoto, CNBC's Will, Capcom, Haruhiro, Hisashi Koinuma Organizations: Capcom, Paris Games, Paris, Chesnot, Getty, Marvel, Tokyo, CNBC, Capcom Pictures, Koei Tecmo Games Locations: PARIS, FRANCE, Parc, Paris, France, Chiba, Japan, Hollywood

☆ SpaceX's giant Starship is 'ready to launch' again, Elon Musk says, after the first attempt left a crater in the launchpad
▼ + stars: | 2023-09-06 | by ( Marianne Guenot | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

SpaceX is 'ready to launch' its Starship mega-rocket again, pending FAA approval, Elon Musk said on X. Starship is SpaceX's next flagship rocket, standing taller and more powerful than any previous launch system. The Starship vehicle, stacked atop its Super Heavy booster, stands nearly 400 feet tall. The Starship spacecraft and its Super Heavy booster were launched together for the first time in April. Advertisement Advertisement Watch: Watch Elon Musk unveil his latest plan for conquering MarsElon Musk wants Starship to take humans to Mars.

Persons: Elon Musk, He's, Watch Elon Musk, Mars Elon, SpaceX's, Starship's, Musk, Ashlee Vance, Vance Organizations: SpaceX, Service, Federal Aviation Administration, Super, Watch, Mars, SpaceX's launchpad, FAA, SpaceX SpaceX Locations: Wall, Silicon, Port Isabel, Boca Chica , Texas

☆ It looks like Elon Musk got a pass to have Twitter renamed to the single character 'X' on the App Store — even though it appears to go against Apple's rules
▼ + stars: | 2023-07-31 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Elon Musk's rebrand of Twitter to "X" finally showed up on the Apple App store. The single-character name appeared with the new logo, though Apple requires app names to be longer. But the app's name now appears to have been changed to "X" after all, according to what appears on the App Store. Elon Musk's "X" app is now under its new name in the Apple App store instead of under "Twitter." Chesnot / Getty ImagesThe name change to "X" finally taking effect on the App Store was previously reported by The Verge.

Persons: Musk, Elon, We'll Organizations: Elon Musk's, Twitter, Apple, San, San Francisco, Associated Press Locations: San Francisco, San

☆ Why are far-right parties on the march across Europe?
▼ + stars: | 2023-07-22 | by ( Christian Edwards | ) edition.cnn.com time to read: +14 min

Far-right parties are propping up coalitions in Finland and Sweden. Afraid of losing voters to UKIP (and other far-right parties), the governing Conservatives ended up adopting many of its positions. Chesnot/Getty Images Europe/Getty ImagesConversely, far-right parties have attempted to sanitize some of their rhetoric, hoping to appear a more credible electoral prospect. Leon Neal/Getty ImagesA different type of populismAnd so the recent successes of far-right parties cannot be explained by dramatic shifts in public opinion. A lot depends on the ability of mainstream parties – particularly on the left – to build tents big enough to accommodate their differences, rather than compromising with far-right parties to prop up their coalitions.

Persons: Donald Trump, –, Emmanuel Macron, Angela Merkel’s, Mario Draghi, Jaroslaw Kaczynski, Viktor Orban, Andrej Babis, Czech Michael Bloomberg, Czech Donald Trump, Meloni, Mussolini, Nigel Farage, Jack Taylor, Farage, Jean, Marie Le Pen, Marine, Lionel Jospin, Jacques Chirac, Petteri Orpo, Sanna Marin, Vilhelm Junnila, Ulif Kristersson, Mark Rutte’s, Pen, Chesnot, Philippe Marlier, ” Le, Matteo Salvini, Vladimir Putin, Tino Chrupalla, Alice Weidel, Thomas Lohnes, Omer Messinger, Larry Bartels, Boris Johnson, Leon Neal, Giorgia Meloni, Odd Andersen, Orban, Kaczynski, Rutte’s, Pedro Sanchez Organizations: CNN, White, Channel, European Central Bank, Italy’s, Vox, UK Independence Party, UKIP, European Union, EU, Conservatives, National, Socialist, Socialists, Finns Party, Swedish, Sweden Democrats, Rassemblement National, University College London, Lega, Ukraine, Russia, Former British, Italy's, NATO, Getty, Spain’s Locations: United Kingdom, United States, Europe, Brussels, Spain, Poland, Hungary, Germany, Czech, France, Finland, Sweden, Austria, European, Netherlands, Russian, Oxfordshire, Vilnius

☆ Barbie is the star of the summer's hottest blockbuster. The much-hyped movie is the pinnacle of a 60-year history filled with rejections, lawsuits, and controversies for the world's most iconic doll.
▼ + stars: | 2023-07-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Ruth Handler wanted to make an adult fashion doll but Mattel's team shot her downChesnot/Getty ImagesBarbie is back in vogue. The current hype around the brand is in sharp contrast to the rejections Barbie inventor Ruth Handler faced when she first tried to create the doll in the 1950s. But Handler, who had co-created Mattel in 1945, struggled to convince people of the market for an adult fashion doll. Mattel's team told her it wouldn't be possible to make such dolls at a low price in the US, she wrote. "As the years went by, I brought up my idea a few more times, but everybody would kind of turn me off," Handler wrote.

Persons: Ruth Handler, Barbie, Zs, Margot Robbie, Ryan Reynolds, Barbara, Handler Organizations: Mattel

☆ Musk discusses his new company xAI, 'superintelligence,' and China
▼ + stars: | 2023-07-13 | by ( Lauren Feiner | ) www.cnbc.com time to read: +7 min

The event was billed as a conversation about the future of AI and came on a day that Musk launched his own new AI company, xAI. "I think a maximally curious AI, one that is just trying to sort of understand the universe is, I think, going to be pro-humanity," Musk said. He said the idea that a "digital superintelligence" could supplant the Chinese Communist Party itself seemed to resonate. Musk even said he believes the Chinese government would be open to collaborating on an international framework around AI regulation. Musk acknowledged he has "some vested interest in China" but ultimately believes "China is underrated" and that "the people of China are really awesome."

Persons: Elon Musk, Porte, Musk, Ro Khanna, Mike Gallagher, Gallagher, Xi Jinping, China's, Janet Yellen, John Kerry, he's Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, Chesnot, U.S, House Armed Services Committee, Chinese Communist Party, xAI, Motion, Communist Party, CCP, optimist, Netflix, CNBC, YouTube Locations: Paris, France, China, Taiwan, United States, West

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