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Deckmatch has secured $3.1 million in seed funding from Alliance VC and Luminar Ventures. BI got an exclusive look at the 13-slide pitch deck the startup used to secure the funding. AdvertisementA startup that helps private market investors automate their work has secured $3.1 million in seed funding. AdvertisementDeckmatch said its $3.1 million seed round was oversubscribed. With the fresh funding, Deckmatch plans to double down on its research and development efforts.
Persons: Deckmatch, , Leopold Gasteen, Gasteen, Walid Mustapha Organizations: Alliance, Luminar Ventures, BI, Service, Google, Business, Skyfall Ventures Locations: Norway, VCs
President-elect Trump announced that Thomas Homan will serve as "border czar" in his administration. Homan served as acting head of Immigration and Customs Enforcement during Trump's first presidency. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident-elect Donald Trump announced Sunday that Thomas Homan would join his administration as a "border czar" overseeing the security of US borders on land, air, and sea. Related Video Musk visits border, calls for Trump-style wallRepresentatives for Homan, The Heritage Foundation, and the Trump transition team did not immediately respond to a request for comment.
Persons: Thomas Homan, Homan, Trump's, , Donald Trump, Barack Obama, Here's Organizations: Trump, Immigration, Service, The Heritage Foundation Locations: Homan
Melania Trump is turning to John Rogers, Executive VP at Goldman, for help during the transition. Rogers and Trump worked together during her first term as First Lady. AdvertisementFormer and future First Lady Melania Trump is turning to John Rogers, a partner at Goldman Sachs, for staffing advice during the transition to the White House, Semafor reports. Trump and Rogers have worked together before, when he served as advisor during her first term as first lady. Related VideoRepresentatives for Melania Trump and Goldman Sachs did not immediately respond to a request for comment.
Persons: Melania Trump, John Rogers, Trump, , Goldman Sachs, Rogers, He's, Ronald Reagan Organizations: Goldman, Rogers, Service, White, Goldman's, Historical Association, CNBC
Trump's proposed tariffs could lead to increased global manufacturing activity temporarily. Related Video China, Russia boast that trade is at an "all-time high" despite Western sanctions"Just as businesses try to get ahead of that, you could actually see a little bit of pop in global manufacturing, China manufacturing, as we head into the first quarter," he added. Exports could dip with focus on trade deficitsAny a temporary boost in trade would just be that: temporary. Advertisement"Higher US tariffs on Chinese exports could re-direct those exports into Asia, hurting local production," wrote the Nomura economists. "More tit-for-tat trade retaliation, trade policy uncertainty and delayed policy easing in some Asian economies will also likely spill into domestic demand," they added.
Persons: , Donald Trump, Trump, Joe Lupton, Zichun Huang Organizations: Service, JPMorgan, Capital Economics, Exports, Nomura Locations: China, Russia, Vietnam, Japan, South Korea, India, Asia
One thing that's widely understood is the artificial intelligence revolution is still in its infancy, and Nvidia is the go-to company for what's needed to run AI workloads. Microsoft : "We expect capital expenditures to increase on a sequential basis, given our cloud and AI demand signals," CFO Amy Hood said. Put another way, can the world's most valuable company, at nearly $3.6 trillion, get even more valuable? On current numbers, Nvidia is trading at about 37x calendar year 2025 earnings estimates. Visitors check out Nvidia's AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024.
Persons: hasn't, Donald Trump's, Trump, Piper Sandler, Morgan Stanley, Nvidia's, NVDA, OpenAI's, we're, Anat Ashkenazi, Susan Li, Andy Jassy, Amy Hood, Hood, Piper, Blackwell, Hopper, Melius, , Jensen Huang –, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Apple, Wall Street, White, Nvidia —, Melius, Blackwell, Trump, Google, AWS, Microsoft, Melius Research, Biden, CNBC, Visitors, Nurphoto, Getty Locations: China, CapEx, Beijing, U.S, Hangzhou
Here's what needs to go right for Intel, the only US-based manufacturer of powerful chips. AdvertisementUS policymakers are still betting that Intel is the nation's best shot at manufacturing chips. Intel needs to balance the booksIntel plans to spin out its semiconductor manufacturing business into an independent subsidiary called Intel Foundry, separating the manufacturing process from its chip-design business. Not everyone is convinced that government intervention will help Intel get back on track in chip manufacturing. The report said they also discussed a potential merger between the company's chip design business and a competitor like AMD or Marvell.
Persons: , Dow, It's, they're, Alistair Barr, Stacy Rasgon, Patrick Moorhead, Moorhead, they've, Logan Purk, Edward Jones, Dan Morgan, Pat Gelsinger, Morgan, Rasgon, Daniel Newman, hasn't, Newman, Gina Raimondo, Donald, it's, Mark Warner, Semafor Organizations: Wall Street, Intel, Service, Dow Jones, Nvidia, Business, Qualcomm, AMD, Dow, Bernstein Research, TSMC, Intel Foundry, Synovus, Futurum Group, Act, Google, Microsoft, Apple, New York Times, Commerce Department, Sen, Marvell, Warner Locations: Taiwan, Washington
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What's on deck:Markets: The Wall Streeters advising Trump's transition team on key economic appointments . But regulators launched investigations and filed lawsuits against Big Tech during Trump's first term. News briefTop headlinesAdvertisement3 things in marketsChip Somodevilla/Getty Images; Getty; Rebecca Zisser/BIWho Trump is turning to on Wall Street for advice.
Persons: , Drew Brees, Donald Trump's, Elon, Jenny Chang, Rodriguez, Donald Trump, Elon Musk, Trump, Samantha Stokes, Riddhi Kanetkar, Helen Li, Biden, Lina Khan's, Money, Chip Somodevilla, Meta's Mark Zuckerberg, JD Vance, Khan, Zuckerberg, Amazon's Jeff Bezos, OpenAI's Sam Altman, Somodevilla, Rebecca Zisser, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Blackstone, Steve Schwarzman, Charles Schwab, Herb Sutter, Ken Griffin's, Sutter, he's, Jordan Strauss, Elon Musk's, Reddit, Lebaredian, Chelsea Jia Feng, Kamala Harris, it's, Dan DeFrancesco, Grace Lett, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Super Bowl, Tech, Trump, Microsoft, Nvidia, Big Tech, Wall, Citadel Securities, White, BI, Google, Veterans, World Meteorological Organization Locations: States, Anthropic, Reddit's, New York City, State, Azerbaijan, New York, Chicago, London
Starbucks' ex-CEO, Howard Schultz, told Fortune he trusts successor Brian Niccol to revitalize the company. But the recent rollout of his new back-to-basics strategy has earned the support of one man who knows something about steering the beloved coffeehouse brand to success: Howard Schultz. He first became Starbucks' CEO in 1986 before leaving in 2000. AdvertisementThough Schultz has twice before left and then returned as CEO of Starbucks, he told Fortune there's no chance he'll reprise his role again. Representatives for Starbucks and the Schultz Family Foundation, of which Howard Schultz is a cofounder, did not immediately respond to requests for comment from Business Insider.
Persons: Howard Schultz, Fortune, Brian Niccol, Schultz, there's, , he's, Diana Frost, Kraft Heinz Niccol, Ray Kroc, Niccol, Fortune there's Organizations: Starbucks, Service, Kraft, Foundation, Business Locations: Niccol
The package could include 60 F-35 fighter jets and 400 Patriot missiles, the FT reported. According to the Financial Times, the package could include 60 F-35 fighter jets, four Advanced Hawkeyes, 10 retired warships, and 400 Patriot missiles. "Taiwan is thinking about a package to show that they are serious," one former Trump administration official told the Financial Times. Blandin added that it's highly unlikely the US would send troops to defend Taiwan in the event of a Chinese attack. AdvertisementIn 2022, Biden vowed to defend Taiwan in case of a Chinese attack.
Persons: Donald Trump, , Trump, Benjamin Blandin, Blandin, Sari Arho Havrén, Biden, Karoline Leavitt Organizations: Patriot, Service, Financial Times, Hawkeyes, Lockheed, Aegis, Business, Reuters, Institute for Economics, Peace, Bloomberg, Yokosuka Council, Pacific Studies, Trump, Taiwan, Royal United Services Institute, Air Missile Systems, White, British Locations: Taiwan, China, United States, Yokosuka, Asia, Singapore, Philippines, London, Taipei
The cast of "Wicked" has been promoting the film ahead of its November 22 release. Many of the stars' looks nod to the film, whether through color scheme or tone. Cynthia Erivo and Ariana Grande's green and pink looks celebrating the film have stood out. Much of the "Wicked" cast has been "method dressing" throughout the film's press tour, wearing outfits that nod to themes or plot points in the movie. Take a look at the best "Wicked"-inspired looks from the film's press tour, ranked from least to most on theme.
Persons: Cynthia Erivo, Ariana Grande's, , Zendaya, Margot Robbie, Jonathan Bailey, Jeff Goldblum Organizations: Service
It reignites a debate about the feasibility of developing increasingly advanced models and AI scaling laws — the theoretical rules about how the models improve. It remains to be seen how smart an AI model can get when it has that much capital thrown at it. There could also be strategies to make AI models smarter by enhancing the inference portion of development. The model OpenAI released in September — called OpenAI o1 — focused more on inference improvements. Still, it's clear that, like Altman, much of the industry remains firm in its conviction that scaling laws are the driver of AI performance.
Persons: OpenAI's, It's, , Sam Altman, Fabrice Beaulieu, Altman, OpenAI, Andrew Caballero, Reynolds, Ion Stoica, Gary Marcus, Anthropic, Marcus, Claude, Ilya Sutskever, Dario Amodei, Kevin Scott, we're, Scott, they've Organizations: Service, OpenAI's, Orion, Business, Getty, Companies, New York University, Reuters, Sequoia, o1 Locations: GPT, Silicon Valley, AFP
AOC during a recent Instagram Q&A asked voters why they backed her candidacy and Trump's reelection. Ocasio-Cortez strongly backed Harris and stumped for the vice president during the 2024 campaign. AdvertisementMany voters who split their tickets between Ocasio-Cortez and Trump or other Democratic candidates and Trump pointed to two key issues: the economy and the conflict in Gaza. And the vice president sought to reassure voters concerned over the Israel-Hamas war and the plight of Palestinians that she would work to secure peace in the region as president. The president-elect made major inroads, notably in several Democratic-heavy states, as many voters remained frustrated over the direction of the country.
Persons: Cortez, Harris, , Kamala Harris, Alexandria Ocasio, Donald Trump's, Trump, Joe Biden, ⬇️, nsB6X05Fp2 — Sidney D Johnson Organizations: Service, New York Rep, New, Congressional, Trump —, Democratic, Trump, Dem, dems Locations: Gaza, Ocasio, Alexandria, Cortez, New York's, Israel
Mattel apologized for including an X-rated site link on "Wicked" doll packaging. AdvertisementToy maker Mattel has apologized for a printing error on the packaging of a line of "Wicked" dolls that listed an X-rated adult site. Related storiesWalmart confirmed it had paused the sale of the dolls as Mattel works to correct the misprint. A completed eBay listing for a Mattel "Wicked" doll with a URL misprint on the packaging. EbayAlthough the "Wicked" dolls are still visible on the Mattel website, the purchase links didn't yield available results on Monday morning.
Persons: Mattel, , Stanley, Mattel's Organizations: Service, Mattel Locations: Target, U.S
But today, as a college professor and writer, I know that's not necessarily true. School comes naturally to me, which is why I became a college professor. My job as a college professor required a Ph.D., but I also make a living as a writer. He's already on the way to a writing career; a picture book we cowrote will be released in May 2025. As a college professor, I know a degree doesn't have to be a part of that.
Persons: I'm, , he'll, College, I've, Parker, dreading, He's, That's, shouldn't, one's, there's Organizations: College isn't, Service, Citadel
Oz Cobb (Colin Farrell) makes a horrifying decision in "The Penguin" finale. Showrunner Lauren LeFranc told Business Insider there was a "level of dread" on set when filming the scene. Related storiesSpeaking to BI ahead of "The Penguin" finale, LeFranc answered our burning questions about the season, including how she planned Aguilar's horrifying death. Colin Farrell as Oz Cobb and Aria Shahghasemi as Taj Maroni in "The Penguin." Penguin doesn't kill Sofia Gigante so he can psychologically torture herCristin Milioti as Sofia Gigante in "The Penguin."
Persons: Oz Cobb, Colin Farrell, Lauren LeFranc, , Victor Aguilar, Rhenzy, Victor, Cobb, Aguilar, LeFranc, Aria Shahghasemi, Taj Maroni, Penguin, Matt Reeves, Matt, mafiosos, Feliz, HBO Victor, Victor didn't, Oz, Sofia Gigante, Milioti, Cristin, Francis Cobb, she's, they'd, Selina Kyle, Zoe Kravitz, Gigante, Sophia, It's Organizations: HBO, Service, Rotten, Mafia, Taj, Arkham Locations: Italian, American, Arkham
Trump also had a call with Ukrainian President Volodymyr Zelenskyy. The phone call on Thursday marks the first time the pair are known to have spoken since Trump won the election. AdvertisementWhen approached for comment, a spokesperson for the Trump campaign told Reuters that they "do not comment on private calls between President Trump and other world leaders." Zelenskyy told ABC News that he thought Trump's proposal was a "beautiful" notion but was not grounded on "real-life experience." "Every time he comes to our country, he walks away with $60 billion," Trump said at the rally.
Persons: Donald Trump, Vladimir Putin, Trump, Volodymyr Zelenskyy, , Putin, Strong, Zelenskyy, realDonaldTrump, Vasily Nebenzya, that's, Володимир Зеленський Organizations: Service, Russian, Washington Post, Post, Reuters, Trump, Business, Zelenskyy, Fox News, ABC News Locations: Ukraine, Europe, Russian, Mar, Russia, Detroit
Citadel Securities hired Herb Sutter who spent 20 years at Microsoft. Sutter is an expert in C++, a coding language that underpins most of Citadel Securities' technology. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCitadel Securities just hired a 20-year Microsoft veteran who will be tasked with helping developers master a crucial but complex coding language to supercharge productivity. Sutter specializes in a programming language called C++, which underpins much of Citadel Securities technology, including its trading system that handles one in four stock trades in the US.
Persons: Herb Sutter, Sutter, He'll, , Ken Griffin's, Josh Woods, Herb, Woods, Michael Park, it's Organizations: Citadel Securities, Microsoft, Service, BI Locations: Canadian
True crime drama "Baby Reindeer" was one of Netflix's biggest hits of the year. Its creator, Richard Gadd, said he "couldn't escape" the show after it became a hit. AdvertisementWriter and actor Richard Gadd said he "couldn't escape" from "Baby Reindeer" when the show was at its height of popularity. Richard Gadd 'couldn't escape' "Baby Reindeer"In an interview published on November 4, Gadd told GQ of "Baby Reindeer": "I couldn't escape from it." The show went on to win three Emmys in September: Outstanding lead actor in a limited series, outstanding writing for a limited series, and outstanding limited series.
Persons: Richard Gadd, Gadd, , Donny Dunn, Martha Scott, Jessica Gunning, Scott, Fiona Harvey, Piers Morgan, Harvey, Richard Gadd's, I'd, " Gadd Organizations: Service, Netflix, YouTube Locations: Scottish
Ivan Maryasin founded Monite after moving from Silicon Valley to Berlin. Here's how its startup ecosystem compares to Silicon Valley. It's hard to find people with the same values or who'll know what you're talking about when you say, "Silicon Valley benchmark." AdvertisementI like living in Europe, but wouldn't rule out returning to AmericaMost people in Silicon Valley are focused on startups and innovation. If you're all about work and want to focus 24/7, Silicon Valley is the place to be.
Persons: Ivan Maryasin, , I'd, that's, I've Organizations: Service, Hult International Business School, San Francisco, EU, LinkedIn, Facebook, MIT, Harvard, Business Locations: Silicon Valley, Berlin, Germany, Russia, Massachusetts, America, Moscow, Europe, it's, Zurich, Barcelona, London, San Francisco, California, Monite, Silicon
He examines how his team steps up when he takes PTO to determine whether he's hired the right people. I usually find vacation an opportunity to judge if I've hired the right team. Every time I've come back, I've felt the folks I've hired are the right people; they've stepped up, and they know they can make decisions. So when I'm going on vacation, I ask myself, who can I direct people to instead for questions they'd normally ask me? AdvertisementLet's say you have one or two people on your team you're concerned about while you're going to be on vacation.
Persons: Gopal Shenoy, he's, , I've, they've, Slack, they'll, they'd Organizations: Service Locations: people's, they're
New York Times tech workers are ending their strike after a weeklong stoppage. The Tech Guild, formed in 2021, represents 600-plus engineers. AdvertisementNew York Times tech workers are ending their strike and returning to work Tuesday after a weeklong work stoppage, a Times spokesperson told Business Insider. AdvertisementDozens of tech workers crossed the picket line, showing splinters within the unit. Formed in 2021, the Tech Guild represents upward of 600 engineers.
Persons: , didn't Organizations: New York Times, Times, Tech, Service, of New, Tech Guild, Company Locations: of New York
Wedbush's Dan Ives raised his price target on Tesla to $400 a share from $300, implying 24.5% upside from Friday's close. More love for longtime Club stock Nvidia : Morgan Stanley upped its price target on the AI chip king to $160 a share from $150 at Morgan Stanley. Club name Palo Alto Networks had its PT raised to $425 a share from $410 at Barclays. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Wedbush's Dan Ives, Donald Trump's, Trump, Wednesday's, Cigna, Morgan Stanley, Piper Sandler, Dell, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Trump, Nasdaq, Dow, Home, Disney, JPMorgan, Cisco Systems, Cisco, Humana, Medicare, Club, BlackRock, Deutsche Bank . BlackRock, House, Wolfe Research, Warner Bros, longtime Club, Nvidia, Melius, Dell Technologies, Bank of America, PT, Federal, Palo Alto Networks, Barclays, Analysts, Jim Cramer's Charitable, CNBC Locations: Ives, Wells, Alto, Palo
Her quiet-luxury ensemble included a Versace blazer, matching skirt, and Victoria's Secret corset. Taylor Swift's outfit mixed four Versace pieces with an inexpensive top from Victoria's Secret. David Eulitt/Getty ImagesTo emphasize the quiet-luxury aesthetic of her red and black outfit, Swift also sported $1,990 leather boots and carried a $2,190 tote, both from Versace. Related storiesAlongside sparkling diamond studs, Swift wore an $800 pair of David Yurman heart-shaped earrings made from garnet stones. Jamie Squire/Getty ImagesTotaling $102,590 — not including a few unknown jewelry pieces — Swift's latest look is one of the most expensive outfits she's worn all year.
Persons: Taylor Swift, Travis Kelce, Louis Vuitton, , tweed, Taylor Swift's, David Eulitt, Swift, Jamie Squire, David Yurman, Effy, Blake Lively Organizations: Service, Arrowhead, tote, Versace
Europe could fall into recession in 2025 under Trump's economic proposals, a major EU bank said. AdvertisementThe eurozone economy faces the possibility of a looming recession as tariffs promised by President-elect Trump look set to dampen growth, according to analysts at a Dutch bank. Trump pledged on the campaign trail to impose a fresh era of trade tariffs, building on policies he enacted during his first term as president. European Union economic growth is already struggling, and has lagged behind the US in recent years. He said Europe's economic challenges, including high energy costs, sluggish economic growth, and geopolitical instability, would only get worse in the event of a tariff battle with the US.
Persons: , Trump, James Knightley, Nigel Green, Green Organizations: ING, Service, Trump, deVere Locations: Europe, China, Europe's, Ukraine, NATO
Kevin Costner didn't return for "Yellowstone" season five, part two. Kevin Costner was just as surprised at John Dutton's "Yellowstone" write-off as you were. On Monday, Costner told Smerconish his departure from "Yellowstone" was the result of scheduling conflicts. Costner told Smerconish he hadn't realized that Dutton's death was airing the night before and that he had yet to watch the episode. In case you missed the premiere, here's how to stream "Yellowstone" season 5, part 2.
Persons: Kevin Costner didn't, didn't, John Dutton, , Kevin Costner, John, Michael Smerconish, Costner, that's, Christine Baumgartner, Smerconish, hadn't, it's Organizations: Service, Paramount Locations: Yellowstone
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