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They include eight chief executives of the 11 states that formed the Confederate States of America, which seceded and waged war to preserve slavery. Although white people enslaved Black people in Northern states in early America, by the eve of the Civil War, slavery was almost entirely a Southern enterprise. South Carolina, where the Civil War began, illustrates the familial ties between lawmakers and the nation’s history of slavery. Each of the seven white lawmakers who served in the 117th Congress is a direct descendant of a slaveholder, Reuters found. In researching America’s political elite, Reuters found names – almost always just a first name – of 712 people enslaved by the ancestors of the political elite.

Persons: Black, Mitch McConnell, Lindsey Graham, Tom Cotton, Elizabeth Warren, Tammy Duckworth, Jeanne Shaheen, Joe Biden, –, Donald Trump –, Jimmy Carter, George W, Bush, Bill Clinton, Barack Obama, Amy Coney Barrett, Neil Gorsuch –, Asa Hutchinson, Doug Burgum, Tim Scott, James Clyburn, Henry McMaster, ”, Henry Louis Gates Jr, Gates, ” “, ” Gates, enslavers, Tony Burroughs, Biden, Obama, McConnell, “ it’s, ” Burroughs, LINDSEY GRAHAM, Joseph Maddox, Maddox, Sela, Rubin, James, Sal, Sam ”, Graham, Graham didn’t, NANCY MACE, Nancy Mace, Drucilla Mace, John Mace, Hector Godbolt, John Mace’s, Godbolt, “, ” Nancy Mace, TAMMY DUCKWORTH, Duckworth, Henry Coe, Coe, Margaret, Isaac, Warner, George …, Isaac Franklin –, “ There’s, ” Duckworth, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Blake Morrison Organizations: U.S, Reuters, Republicans, Supreme, Republican, Harvard University, PBS, United States Congress, Geographic, Journalists, Black, Thomson Locations: America, U.S, Confederate States, Arkansas, North Dakota, Black, Northern, Southern, South Carolina, Congress, New Hampshire , Maine, Massachusetts, United States, Illinois, Virginia, Frederick County , Virginia

☆ Should the U.S. government pay reparations for slavery and its legacy?
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +10 min

The poll found that 74% of Black Americans favor reparations compared to just 26% of white Americans. A divided America Views on whether the U.S. government should provide some form of reparations for slavery and its legacy are split along party and racial lines. They also say it’s wrong to have taxpayers finance reparations, given that no one alive today is responsible for slavery. In April 2021, Gohmert went on the attack by proposing an amendment calling for the Democratic Party to pay for reparations. In the slavery era, the Democratic Party supported slavery; the Republican Party, led by Abraham Lincoln, called for slavery’s restriction and eventually abolished it.

Persons: –, Elizabeth Warren, Chris Van Hollen, Lloyd Doggett, Tommy Tuberville, John N, Kennedy, Louie Gohmert, ”, Black, Robert Lindsay, Gohmert, Abraham Lincoln, Lindsay, Valentine, ” Tuberville, “, Tuberville, Valentine Brazil, Nathan Calhoun, ” Kennedy, Nathan Calhoun’s, Dabney P, Calhoun, John Crawford, ’ Warren, Warren, – Crawford, Crawford, ” Warren, Isaac Hollingsworth, ’, Van Hollen, ” Van Hollen, Miller Doggett, Doggett, ” Doggett, Jim Crow, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Jeremy Schultz, Blake Morrison Organizations: Black, Reuters, –, 117th, U.S ., Louie Gohmert Former U.S, Representative, Republican, Democratic Party, Republican Party, Vigilance, Kennedy U.S, Massachusetts Democrat, Senate, Chris Van Hollen U.S, Maryland, Lloyd Doggett U.S, H.R, Texas Democrat Locations: United States, America, U.S . Civil, Louie Gohmert Former, Texas, Europe, Bowie County , Texas, Boston, Bowie County, Alabama, Valentine Brazil, Nevada, Tuberville, Saline County , Arkansas, Brazil, Ouachita, Louisiana, Abbeville , South Carolina, Massachusetts, Dorchester County , Maryland, Maryland, Virginia, Tennessee

☆ These images aren’t real, but for some refugees they depict a painful truth
▼ + stars: | 2023-06-25 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +14 min

For some, Australia’s approach has been seen as a model, particularly in the United Kingdom, which wants to send some asylum seekers to Rwanda. As AI images, they’re powerful and controversial, not least due to fears they could be mistaken for real images in a world awash with false and misleading information. Amnesty International was recently called out for using AI images in a report to depict protesters in Colombia that critics said undermined its credibility as a news source. The refugee AI images were created partly because no “real” alternative existed – partly due to distance but also restrictions on media access and early bans on mobile phones. But the use of fake images to visualize accounts raises questions about when it’s acceptable to create AI images and how they should be presented.

Persons: Ian Rintoul, ”, I’m, It’s, Saman, “ I’m, Maurice Blackburn, they’d, –, Jennifer Kanis, Maurice Blackburn “, “, we’d, Behrouz Boochani, Kim Wade, Wade, Gavin, Kanis Organizations: Australia CNN, Asylum Seeker Resource, Refugee, Coalition, United Nations, CNN, High, Amnesty, Guardian, University of Warwick, Howatson, Australia’s Home Affairs Department, “, Papua New, Papua New Guinea Government Locations: Brisbane, Australia, Nauru, Manus, Papua New Guinea, United Kingdom, Rwanda, Pakistan, United States, New Zealand, Indonesia, Colombia, Papua

☆ Alibaba founder Jack Ma is 'alive' and 'happy,' top exec says after China's tech crackdown
▼ + stars: | 2023-06-16 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

In this article BABABABA Follow your favorite stocks CREATE FREE ACCOUNTAlibaba founder Jack Ma is "happy," according to the company's President Michael Evans. Costfoto | Future Publishing | Getty ImagesPARIS — Alibaba founder Jack Ma is "alive" and "happy," the Chinese e-commerce giant's president said Thursday, after speculation continues about the billionaire's activities following Beijing's intense crackdown on his tech empire. He's well, he's happy. He's teaching at a university in Tokyo, spending more time in China," Alibaba President Michael Evans said at the Viva Tech conference in Paris. He cares ... as much about this company today, as he did when he started, and I expect that that will continue for as long as Alibaba and Jack Ma are here.

Persons: BABA BABA, Jack Ma, Michael Evans, Te, Alibaba, Jack, Ma, Maurice Levy Organizations: Getty, PARIS, Viva Tech, Ant Locations: Tokyo, China, Paris, Beijing

☆ Exclusive: Mondelez 'singled out' in boycott over Russia business, exec says
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +6 min

"If you look in most kitchen cupboards, you will see many products from food and beverage companies that have not exited Russia." Mondelez rivals in chocolate including Nestle (NESN.S) still operate in Russia as do many other consumer products companies. Reuters GraphicsShipments of all Mondelez products to Russia jumped to 45 million kilograms from 28.7 million kilograms in the same time periods, according to the data. Mondelez also said Thursday it was continuing to reduce its activities in Russia and expects further volume and sales declines. Jan Kæraa Rasmussen, head of environmental, social and governance (ESG) and sustainability at Mondelez investor PensionDanmark, said the Danish pension fund considers the "downscaling of their business in Russia a progression.

Persons: Vinzenz Gruber, Gruber, Mondelez, Mondelez's, Nestle, Nestle didn't, Jan Kæraa Rasmussen, PensionDanmark, Rasmussen, Jessica DiNapoli, Maurice Tamman, Terje Solsvik, Anna Driver Organizations: YORK, Reuters, Mondelez, SAS, Ukraine's National Agency for, Facebook, Russian Embassy, Nestle, confectionary, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Europe, Russia, Nordics, Sweden, Norway, Nordic, Ukraine, Russian, Washington ,, Danish, New York

☆ Titan of Cameroon's opposition politics John Fru Ndi dies at 81
▼ + stars: | 2023-06-13 | by ( Amindeh Blaise Atabong | ) www.reuters.com time to read: +3 min

"It is with sadness that we announce the transition into eternal glory of John Fru Ndi on June 12, 2023, at 11:30 p.m.," it said. "I salute the memory of a singular, charismatic and courageous leader," said current opposition leader Maurice Kamto. An English-speaking businessman from Cameroon's northwest region, Fru Ndi formed the SDF, the first opposition party in the bilingual Central African country, which is dominated by its French-speaking majority. Fru Ndi claimed the vote had been rigged and he was placed under house arrest as riots swept opposition strongholds. As Biya's grip on power tightened, Fru Ndi secured fewer votes, according to official figures.

Persons: John Fru Ndi, Paul Biya, Fru Ndi, Moussa Faki, Maurice Kamto, Ndi, Cameroon's, Akere Muna, Akintunde, Cabral Libii, Biya, Amindeh Blaise Atabong, Nellie Peyton, Anait, Edward McAllister, Conor Humphries Organizations: Social Democratic Front, Union's, Central, REUTERS, Cameroon People's Democratic, Thomson Locations: YAOUNDE, Central, Cameroon's, Central African, Cameroon, Yaounde, CAMEROON, U.S

☆ How the NHL’s All-Time Losingest Coach Wound Up in the Stanley Cup Final
▼ + stars: | 2023-06-12 | by ( Laine Higgins | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/hockey/florida-panthers-paul-maurice-stanley-cup-c801b4d2

Persons: Dow Jones, maurice, stanley Organizations: panthers Locations: florida

☆ 10 Things in Tech: A French Gigafactory, Google's WFH crackdown, and Tesla's bioweapon defense mode
▼ + stars: | 2023-06-09 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Speculation is rife ahead of Elon Musk's trip to Paris, where he's due to attend the VivaTech conference next week. The video platform is aiming to challenge the tech giant by quadrupling its ecommerce business, according to a Bloomberg report. Musk has repeatedly criticized OpenAI's relationship with tech giant Microsoft. The tech giant is planning to include attendance figures in performance reviews, according to an internal email sent on Wednesday, which was seen by Insider. Tesla drivers are using the car's bioweapon defense mode to escape wildfire smoke.

Persons: Nathan Rennolds, let's, Clive Mason, Tesla, Elon, Marc Benioff, Dan Schulman, Bernard Arnault, Maurice Lévy, Sam Altman, Elizabeth Frantz, Morgan Stanley, TikTok, Musk, Altman, Tesla's, Ted Lasso, Keeley, Lionel Messi, Getty, Simon Bruty, he's, Messi, Brandon Baum, Instagram, Hallam Bullock Organizations: Google, Getty, Twitter, Reuters, Big Tech, Amazon, Bloomberg, Elon, Microsoft, Economic, Juno, Messi, Inter Miami —, YouTube Locations: London, WFH, France, Paris, Southeast Asia, Miami

☆ With talk of a Tesla Gigafactory coming to France, Elon Musk heads to the country's biggest tech event
▼ + stars: | 2023-06-08 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

The tech billionaire has said Tesla is hoping to make a major investment in the country. Next week, Musk has a chance to tackle both. Musk getting on stage with the chairman of Publicis at Vivatech should help Twitter's cause here, unless the tech billionaire says the wrong thing. After that gathering, Musk said Tesla was looking to make a significant investment in the country. By the way, Insider advertising reporter Lara O'Reilly will be at Vivatech too next week.

Persons: Elon Musk, Tesla, Elon, Musk, He's, Maurice Lévy, Linda Yaccarino, WPP's GroupM, Emmanuel Macron, Lara O'Reilly Organizations: Tesla, Twitter, The New York Times, Times, Renault, Peugeot Locations: Paris, Vivatech, France, Germany

☆ These 9 global stocks have raised dividends for the last 30 years
▼ + stars: | 2023-06-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Nine global stocks have raised dividends every year for the past three decades, according to CNBC Pro analysis. Of about 92,000 global stocks screened by CNBC Pro, the following nine consistently rewarded their shareholders. Novartis' stock has been on an upward trend recently – rising 8.9% year to date – after moving sideways for more than six months. Novartis' dividend yield is currently 3.5%. NOVNEE-CH 1Y line Roche Like its peer Novartis, Roche , the pharmaceuticals and diagnostics company headquartered in Basel, Switzerland, offers a 3.3% dividend yield.

Persons: Maurice Choy, . Choy, Eric Le Berrigaud, Roche, Luisa Hector, James Halstead Organizations: CNBC, CNBC Pro, Fortis Canadian, Fortis, RBC Capital, Novartis, Roche, Pharma, Sage Group, Kerry Locations: Novartis Swiss, Basel, Switzerland, ROG, Spirax, Saco

☆ No place like home for Panthers after Vegas take 2-0 series lead
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +2 min

[1/4] Jun 5, 2023; Las Vegas, Nevada, USA; Florida Panthers center Anton Lundell (15) celebrates goal in the third period against the Vegas Golden Knights in game two of the 2023 Stanley Cup Final at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY SportsJune 6 (Reuters) - A humbled Florida Panthers squad will count on their home fans to help turn around a dismal start to their Stanley Cup Final campaign, after the Golden Knights took a 2-0 series lead in Las Vegas on Monday. Vegas were considered the overwhelming favourites heading into the best-of-seven championship series and thus far Goliath has been firmly in control of David, with the Golden Knights clinching the first two games 5-2 on Saturday and 7-2 on Monday. The Panthers play the Golden Knights at FLA Live Arena in Game 3 of the Stanley Cup Finals in Sunrise, Florida. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Anton Lundell, Stephen R, Goliath, David, we've, Matthew Tkachuk, Nicolas Roy, William Carrier, Zach Whitecloud, Paul Maurice, Amy Tennery, Toby Davis Organizations: Florida Panthers, Vegas Golden Knights, Mobile, Stanley, Golden Knights, Vegas, Panthers, FLA, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas, Florida, Sin City, Sunrise , Florida, New York

☆ Stanley Cup Final: How to watch and all you need to know ahead of NHL’s end of season showcase
▼ + stars: | 2023-06-03 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +4 min

CNN —The 2023 Stanley Cup Final gets underway Saturday as the Vegas Golden Knights take on the Florida Panthers in the NHL’s end of season showcase. How to watchThe best-of-seven Stanley Cup Final starts on Saturday June 3 with the opening game starting at 8 p.m E.T. All the games from this year’s Stanley Cup Final will be shown live in the US on TNT. The Florida Panthers are the underdogs ahead of the Stanley Cup Final. Eventually Vegas wrapped up the series with a 6-0 win to reach the Stanley Cup Final.

Persons: Matthew Tkachuk, Carter Verhaeghe, Mike, Matias J, Vegas, Jonathan Marchessault, Reilly Smith, Marchessault, Smith, “, ” Marchessault, Stephen R, Paul Maurice’s, Verhaeghe, China Wong, Tkachuk, He’s, ” Tkachuk Organizations: CNN, Vegas, Knights, Florida Panthers, The Knights, Panthers, USA’s, TNT, Miami Herald, Tribune, Service, Vegas Golden Knights, Golden Knights, Winnipeg Jets, The Edmonton Oilers, Western, Dallas Stars, Stars, Reuters, Eastern Conference, Eastern, Boston Bruins, NHL, Bruins, Seven, Toronto Maple Leafs, Carolina Hurricanes, Carolina Locations: Vegas, Florida, Soviet Union, China

Companies Meta Platforms Inc FollowWASHINGTON, June 1 (Reuters) - A 2018 privacy lawsuit brought by Washington, D.C., against Facebook owner Meta Platforms Inc (META.O) was dismissed on Thursday by a Superior Court judge, who ruled the firm did not mislead consumers over the Cambridge Analytica scandal. The social media firm drew global scrutiny in 2018 after disclosing that a third-party personality quiz distributed on Facebook gathered profile information on 87 million users worldwide and sold the data to British political consulting firm Cambridge Analytica. "Facebook did not materially mislead consumers as to their response to Cambridge Analytica," the judge said on Thursday. The District of Columbia attorney general's office said it disagreed with the court's decision and was considering options. (Reporting by Kanishka Singh in Washington; Editing by Leslie Adler)Our Standards: The Thomson Reuters Trust Principles.

Persons: Maurice Ross of, general's, Kanishka Singh, Leslie Adler Organizations: WASHINGTON, D.C, Facebook, Meta, Inc, Cambridge, Superior Court, District of Columbia, of Columbia, Thomson Locations: Washington, Cambridge

☆ Judge Dismisses D.C.’s Privacy Lawsuit Against Meta
▼ + stars: | 2023-06-01 | by ( Cecilia Kang | ) www.nytimes.com time to read: +2 min

The NewsA Superior Court judge on Thursday dismissed a privacy lawsuit against Meta by the District of Columbia, which had accused the company of deceiving consumers by improperly sharing their data with third parties, including the British political consulting firm Cambridge Analytica. The decision was a rare victory for Meta, which owns Facebook and Instagram, as it battles lawsuits filed by the federal government, states, foreign regulators and consumers in privacy, antitrust and consumer protection disputes. But Judge Ross said Facebook not only had adequately informed users of how data could be shared with third parties but had provided instructions on how to limit data sharing. He added that Facebook had taken adequate steps to investigate Cambridge Analytica and inform users after press reports about the activity emerged. “While the district may disagree with Facebook’s approach to the situation, there is no legal basis that required Facebook to act differently,” Judge Ross said.

Persons: Maurice A . Ross of, Karl Racine, Cambridge Analytica, Racine, Judge Ross, ”, Gabriel Shoglow, Rubenstein, “, ” Meta Organizations: Meta, District of Columbia, Cambridge, Maurice A . Ross of Superior Court, Facebook, Cambridge Analytica, ” Locations: District

☆ Debt ceiling crisis: How a US default would ricochet around the world
▼ + stars: | 2023-05-26 | by ( Hanna Ziady | ) edition.cnn.com time to read: +9 min

But if it does, it could make the 2008 global financial crisis feel like a walk in the park. The consequences are frightful.”The belief that America’s government will pay its creditors on time underpins the smooth functioning of the global financial system. During the 2011 standoff over raising the US debt ceiling, the S&P 500 index of leading US shares plunged more than 15%. “It’s unclear in a Treasury default crisis whether the Fed could do enough even with the types of efforts it deployed in March 2020,” Obstfeld said. “A default would be a message to investors all around the world of eroding confidence in America,” he added.

☆ Ten-time Everest climber dies after scaling Annapurna peak in Nepal
▼ + stars: | 2023-04-18 | by ( Gopal Sharma | ) www.reuters.com time to read: +1 min

Noel Hanna, who had climbed Mount Everest 10 times, scaled the 8,091 metres (26,545 feet) Annapurna peak in west Nepal on Monday and died overnight in Camp IV after descending from the peak. He said an Indian climber, who fell into a crevasse on the lower reaches of Annapurna, has been missing since Monday. Two other Indian mountaineers, who were caught up in bad weather while climbing Annapurna, were being rescued, hiking company officials said. Annapurna peak in west Nepal, first climbed by Maurice Herzog of France in the early 1950s, is considered dangerous because of the risk of frequent avalanches. At least 365 people have climbed Annapurna and more than 72 have died on the mountain, according to hiking officials.

☆ Humans have to get in the way of AI to make it more responsible
▼ + stars: | 2023-04-17 | by ( Emilia David | ) www.businessinsider.com time to read: +4 min

Humans are key to responsible AI. Calls to pause AI development centered around the need to make sure we were building responsible AI. But some Big Tech companies laid off responsible AI employees as part of the great cost-cutting sweeping the industry, possibly undermining the greatest tool against unfettered, unchecked AI. Those moves come right as society has come to understand what can happen if AI escapes its guardrails, making AI ethics more important than ever. Here's why humans will help bring responsible AI to fruition.

☆ Oh Canada, is this the year the Stanley Cup comes home?
▼ + stars: | 2023-04-15 | by ( Steve Keating | ) www.reuters.com time to read: +5 min

Not since the Montreal Canadiens beat the Los Angeles Kings in 1993 has the Stanley Cup been paraded through a Canadian city, an ego-deflating run of failure that has scarred a generation of fans. After winning the Stanley Cup in 1967, Maple Leafs defenceman Larry Hillman allegedly jinxed the team, saying they would not win it again until the club settled a contract dispute and paid him the $2,400 plus interest he believed he was owed. The Maple Leafs' big misfortune is playing in the same division as the Boston Bruins, who this season set NHL records for wins (65) and points (135), and the Tampa Bay Lightning, Stanley Cup finalists for the last three years. These two teams are once again hurdles that must be cleared on the way to a Stanley Cup. When the playoffs open on Monday, the Oilers will be the first of the Canadian teams to hit the ice, hosting the Los Angeles Kings in Game One of their best-of-seven series.

If Scott runs, his campaign will be an experiment that optimism still sells among Republican voters, they said. The question is which side - or bubble - within the Republican Party is holding the most votes." Maidment jokingly knocked the senator for ordering grits, a dish more common in Scott's South Carolina than in northern New England. "The people that are most stressed out about it are the donors," said Chip Felkel, a South Carolina Republican operative. Chris Ager, the chair of the New Hampshire Republican Party and an attendee at the Scott event, said the state's Republicans "welcome him to the debate."

☆ Meet the 31-year old VC and self-made millionaire who faced Hong Kong loan sharks and his own fear of death
▼ + stars: | 2023-04-14 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

31-year old Maurice Ng came to the US with nothing after his family fled loan sharks in Hong Kong. It was a simple spreadsheet that inspired Maurice Ng at 29 to quit his job to become a venture capitalist. He deducted a little over 2,000 days for commuting time, and allowed himself 255 "regular sick days" and 10 "serious sick days." Assuming 3 meals a day, 365 days a year, 1 hour per meal, he deducted 5,817 days for eating. Despite the current turmoil in the tech industry and venture capital, Maurice seems to be inoculated against self doubt.

☆ Elon Musk says Twitter takeover has been 'painful' but the company is now 'roughly breakeven'
▼ + stars: | 2023-04-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Elon Musk Twitter account seen on Mobile with Elon Musk in the background on screen, seen in this photo illustration. Elon Musk says that Twitter is close to becoming cash-flow positive after making sharp layoffs and working to lure advertisers back to the platform. "I'd say we're roughly breakeven at this point," Musk said Wednesday, during a live interview with the BBC recorded on Twitter Spaces. Musk said that Twitter will start removing blue checks from accounts without a subscription to the company's paid Twitter Blue service next week. Musk purchased Twitter for $44 billion in late October after a drawn-out legal battle with the company.

☆ Trump supporters rally at his Mar-a-Lago residence
▼ + stars: | 2023-03-31 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsTrump supporters rally at his Mar-a-Lago residencePostedSupporters of Donald Trump gathered outside his Palm Beach Mar-a-Lago property on Thursday (March 30) to show their support for the former president after he was indicted by a Manhattan grand jury. Those at the rally included Jill Cohen, a Florida resident and author, Miami resident Maurice Symonette, and a woman who identified herself as "Maga Mary".

☆ Bitcoin is poised to blow up Africa's $86 billion banking system
▼ + stars: | 2023-03-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Then there's mobile money, which has been around since the early 2000s. Africa's mobile money transactions rose 39% to more than $700 billion in 2021, according to data from the GSM Association, a non-profit representing mobile network operators worldwide. That cash network was extraordinarily difficult and expensive to build, which is why there aren't a lot of direct competitors. Bitnob is SMS-based and piggybacks on the mobile money system, making it easier for people to send money directly into bank accounts and mobile money wallets in African countries. "We're able to settle into bank accounts or mobile money accounts, without the recipients having to interact with bitcoin themselves," Parah tells CNBC.

☆ How this 26-year-old went from running bitcoin trading desks in Taco Bells to creating the largest crypto exchange in Africa
▼ + stars: | 2023-03-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +28 min

Yellow Card CEO Chris Maurice just before meeting with the Securities and Exchange Commission in Accra, Ghana. Chris MauriceFrom there, Yellow Card users can send or receive digital cash in eligible markets. Zoom In Icon Arrows pointing outwards Yellow Card CEO Chris Maurice in Accra, Ghana loading cash onto his Mobile Money account, MoMo. Yellow Card has facilitated $1.75 billion in transactions since launching in 2019 and has about 220 employees – mostly in Africa. A resident checks his phone outside a mobile money kiosk in the Kibera district of Nairobi, Kenya, on Monday, Aug. 1, 2022.

☆ Barbara Corcoran says meeting Mark Cuban was her 'most embarrassing moment' on 'Shark Tank' — here's why
▼ + stars: | 2023-03-04 | by ( Natasha Piñon | ) www.cnbc.com time to read: +3 min

You never get a second chance at a first impression — which Barbara Corcoran learned the day she met her "Shark Tank" co-star Mark Cuban. That initial encounter was Corcoran's "most embarrassing moment on 'Shark Tank,'" the Corcoran Group founder said in a recent TikTok video outlining the incident. "I look at the guy next to me, and it's the luggage guy sitting in the seat next to me," she said. Cuban, the billionaire owner of the NBA's Dallas Mavericks, joined "Shark Tank" as guest Shark in 2011, during its second season, and became a main investor a season later. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

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