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Bessemer's Byron Deeter talks Snowflake's big trading day
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBessemer's Byron Deeter talks Snowflake's big trading dayByron Deeter, Bessemer Venture Partners partner, joins 'Closing Bell Overtime' to talk Snowflake's best trading day ever.
Persons: Byron Deeter Organizations: Bessemer Venture Partners
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AdvertisementOfficials in two Russian regions have said public bodies won't be holding New Year's parties this year. The regions said that they're planning to redirect funds to the war in Ukraine instead, per reports. The governments of several Russian regions have decided not to hold New Year's parties, with many proposing to allocate savings to funding the war in Ukraine, according to multiple reports. The Buryatia region's Telegram account proposed using the saved funds for those participating in the war, and encouraged others to do the same. There are signs that Russia's public sector is under strain, with large layoffs planned in 2025.
Persons: Leningrad's, Vladimir Putin Organizations: New, Moscow Times, Telegraph, Church, Russian Kommersant, Atlantic Council Locations: Ukraine, Russia, Buryatia, Sakha, Ulan, Ude, Russia's, Tomsk, Saint Petersburg, Yaroslavl, Nizhny Novgorod, Russian
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorld needs to notice Trump's cabinet is largely pro-Bitcoin, says Galaxy's Mike NovogratzMike Novogratz, Galaxy founder and CEO, joins 'Squawk Box' to discuss Bitcoin's recent price action, how investors should trade this cryptocurrency and much more.
Persons: Mike Novogratz Mike Novogratz Organizations: Galaxy
'Data wall' debate roils AI giants
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Data wall' debate roils AI giantsCNBC's Deirdre Bosa reports on the latest debate in the artificial intelligence space.
Persons: CNBC's Deirdre Bosa
Now 77, he's facing a life sentence in a national security trial in Hong Kong. I would just relay to him what happened in Hong Kong when he asked me," Lai said in court, per Reuters. This mass sentencing of Hong Kong's activists was also based on charges under Hong Kong's national security law. Related storiesThe imposition of the national security law marked the effective end of Hong Kong's political autonomy from China. "Above all else, the implementation rules have the potential to radically criminalize online speech in Hong Kong," Woodhams said.
Persons: Jimmy Lai, Kong's, Lai, Hong Kong's, Mike Pence Organizations: Hong Kong, Apple, China, White House, Democracy Locations: Hong, Hong Kong, China, Northern California
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Nvidia's "biggest problem is allocation," Jim Cramer said, referring to the supply crunch for its next-gen Blackwell chips. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Blackwell, Jim, there's, Deere, There's, Stocks, Jim Cramer's, PANW, DOV Organizations: CNBC, Dow Jones, Nasdaq, Nvidia, Club, Deere, Palo Alto Networks, Palo, Blackwell, Electrical, Eaton, BJ's Wholesale Locations: Palo Alto, Dover
But the Tesla and SpaceX CEO said he's had little input on Trump's Cabinet picks. Elon Musk says he's had little input on President-elect Donald Trump's cabinet picks. He was a major contributor to Trump's campaign, spending just under $119 million on his pro-Trump political action committee, America PAC. Musk, according to multiple media reports, has joined Trump's calls with Ukrainian President Volodymyr Zelenskyy and Google CEO Sundar Pichai. Lutnick, Musk wrote in an X post on November 16, "will actually enact change," compared to another candidate, hedge fund CEO Scott Bessent.
Persons: Elon Musk, Donald Trump, he's, Musk, Donald Trump's, Haven't, Robert F, Kennedy Jr, cott, ott Organizations: SpaceX, Cabinet, New York Post, Trump's, UFC, Trump, Madison Locations: Lago, Palm Beach , Florida, usk
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A Wisconsin man who faked his own death and left his family three months ago after communicating with a woman in Uzbekistan has been in regular contact with the authorities and sent them a video this month, saying he was “safe” and “secure.”Mark A. Podoll, the Green Lake County sheriff, played the video of the man, Ryan Borgwardt, of Watertown, Wis., at a news conference on Thursday. In the 24-second clip, Mr. Borgwardt is seen recording himself in what looks like a spartan apartment with white walls and a gray door. “Good evening, it’s Ryan Borgwardt,” he says in a quiet voice. I am safe, secure, no problem. I hope this works.”Sheriff Podoll said the authorities did not know exactly where Mr. Borgwardt was, but knew it was someplace in Eastern Europe.
Persons: ” Mark, Ryan Borgwardt, Borgwardt, it’s Ryan Borgwardt, , Sheriff Podoll Organizations: Locations: Wisconsin, Uzbekistan, Lake County, Watertown, Wis, Eastern Europe
Music has always been a business, but streaming, TikTok, inflation, and the ballooning costs of touring have dramatically altered a musician's traditional routes to making money. But a lot has changed since streaming usurped radio play as the kingmaker of a rising musician's career. Even the hitmakers who dominate your "For You" page are getting paid "almost nothing" from TikTok, as one music exec told Billboard. 1 song on TikTok doesn't mean anything in the grand scheme of things," Tinashe's longtime manager, Simonne Solitro, explains. "That's not just me," Violet tells me, "that's literally every single artist I know."
Persons: Raye, Conrad, She'd, Taylor, Taylor Swift, Stone, You've, there's, everybody's, Donald Passman, Kevin Baird, Chris Burnett, Chuck Berry, he'd, it's, , TikTok, Ariana Grande, JC Olivera, Justin Ayers, Club's Baird, Tayla Parx, she's, Ariana Grande's, It's, Parx, that's, Muni, who's, Rihanna, Kelly Clarkson, Alexis, Long, I'd, Rachel Chinouriri, I've, Chinouriri, Sam Halliday, Alex Trimble, Katy Cummings, Derek Crownover, Loeb, he's, Crownover, Simonne, Tinashe, Tinashe's, Simonne Solitro, Solitro, Normani, aren't Taylor Swift, Jennifer Lopez, Bad Bunny, Shirlaine Forrest, Matt Jelonek, Tessa Violet, hasn't, That's, Violet, Solitro's, Tessa Violet's, Sarah Pardini, Halsey, Adele, Sophie Turner, Florence Pugh, Pugh, jostling Organizations: Spotify, Music, Northern, Cinema, BI, Apple Music, Billboard, Apple, YouTube, BMI, Suns, TaylaMade Inc, Fifth Harmony, Parlophone, Atlas Artists, Ticketmaster, Promoters, BI Social, Capitol Music, Capitol, Columbia, Chartmetric, DMs Locations: Manhattan, British, Northern Irish, TikTok, London, Los Angeles
Here's where Louise Brown, the first IVF baby, is now. "Joy" is about the British doctors who helped conceive the first baby using IVF treatment in the late 1970s. Louise Brown was born in 1978Louise Brown at the Science Museum in London. Leon Neal/Getty ImagesLouise Joy Brown was born on July 25, 1978, with her middle name giving the Netflix movie its title. Unfortunately, Jean Purdy died at the age of 39 and I did not know her."
Persons: Bill Nighy, Thomasin McKenzie, James Norton, Here's, Louise Brown, Patrick Steptoe, Jean Purdy, Robert Edwards, Guillermo del Toro's, Steptoe, Purdy, Edwards, Lesley, John Brown, implanting Brown, Leon Neal, Getty, Louise Joy Brown, She's, Brown, Patrick, Bob, Bob Edwards Organizations: Netflix, Centre, New York Times, Browns, Science Museum, Bristol's Old, Bourn Hall Clinic Locations: Oldham, Manchester, England, London, Bristol, Cambridgeshire
It said that member Hanni was not legally classified as a worker under her contract. South Korea's government on Wednesday dismissed a workplace harassment case involving K-pop star Hanni, saying the singer was not legally classified as a worker. The push and pull between what counts as work in South Korea's entertainment industry has stretched on for years. The Ministry's ruling on South Korea's musician rights is similar to the situation in the US. Representatives for HYBE and the South Korean Labor Ministry did not immediately respond to a request for comment from BI.
Persons: Hanni, Hybe, HANNI, Cho Dae Won, Dae Won, NewJeans, Calvin Klein Organizations: Wednesday, South Korea's National Assembly, Ministry, Employment, Labor, Act, Korea Herald, Nike, Forbes, NME, LA Times, National Labor Relations, Representatives, HYBE, South Korean Labor Ministry Locations: Korea, South, South Korea's, North Korea, Forbes Korea
OpenAI CEO Sam Altman was paid $76,001 last year
  + stars: | 2024-11-21 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +3 min
Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what's now one of the most valuable startups in the world, the company's tax filings for the year showed. During a hearing before a senate judiciary subcommittee in May 2023, Altman said he gets "paid enough for health insurance" and that he receives no equity in OpenAI. Bloomberg estimated in March 2024 that the CEO is worth at least $2 billion, not including any stake he may have in OpenAI. Altman denied during an all-hands meeting with employees that there were plans for him to receive a "giant euqity stake," CNBC reported.
Persons: Sam Altman, what's, Altman, Ilya Sutskever, Chris Clark, Sutskever, Clark, OpenAI Organizations: Microsoft, Census Bureau, Social Security Administration, Bloomberg, CNBC Locations: OpenAI, San Francisco County
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are at the end of an era of SaaS as we know it, says Futurum’s Daniel NewmanCNBC’s Kristina Partsinevelos and Futurum’s Daniel Newman, joins 'Power Lunch' to discuss what’s next for tech and Nvidia.
Persons: Futurum’s Daniel Newman CNBC’s Kristina Partsinevelos, Futurum’s Daniel Newman, what’s Organizations: Nvidia
3-Stock Lunch: Google, Deere and Starbucks
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Google, Deere and StarbucksQuint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss stock plays for three stocks.
Persons: Quint Tatro Organizations: Google, Deere, Joule Financial
AdvertisementIberia launched the first long-haul Airbus A321XLR flight from Madrid to Boston on November 14. It's the world's first example of lie-flat business class on the highly anticipated new jet. The seats don't have a door or an extra-large front row, but I don't think either is necessary. Spanish flag carrier Iberia launched the first long-haul Airbus A321XLR flight on November 14, flying seven hours from Madrid to Boston. Because the A321XLR will likely fly long-haul, many airlines plan to fit them with lie-flat business class to optimize comfort and choice.
Organizations: Airbus, Iberia, Singapore, Business, A321XLR, JetBlue Airways ' Mint Locations: Iberia, Madrid, Boston, Spanish
AdvertisementThe US levied sanctions on Gazprombank, the last major Russian bank not yet blacklisted. Washington is clamping down on Gazprombank, Russia's last major lender operating free of US sanctions. Up until this point, Washington refrained from sanctions in order to maintain gas flows between Russia and remaining European customers. "Today's sanctions targeting Russia's largest remaining non-designated bank, as well as dozens of other financial institutions and officials in Russia, will further diminish and degrade Russia's war machine," Treasury Secretary Janet Yellen said. The so-called System for Transfer of Financial Messages is used to evade sanctions and fund Russia's war effort, the US said.
Persons: Russia's, Washington, Janet Yellen, OMV Organizations: Treasury, Treasury Department, Russia, Kremlin Locations: Russian, Russia, Europe, Washington, Ukraine, Austrian
CNN —Manchester City manager Pep Guardiola signed a new two-year contract extension on Thursday, extending his club tenure to over a decade. “Manchester City means so much to me,” Guardiola said in a Thursday club statement. Begiristain worked with Guardiola at Barcelona and was key to his appointment at City, having joined the club in 2012. City acknowledged the rumors surrounding Guardiola’s future in a social media video post announcing a new extension deal had been struck. The 53-year-old sounds just as driven for success as he was when he signed for City in 2016.
Persons: Pep Guardiola, ” Guardiola, Begiristain –, Begiristain, Guardiola, , Ballon d’Or, Rodri, Organizations: CNN, Manchester City, Barcelona, City, Premier League, Champions League, FA, Barça, Bayern Munich, Citizens, Abu Dhabi United Group, Liverpool, Tottenham Hotspur Locations: Manchester City, , Abu,
AdvertisementSome retailers are offering discounts and sales to win over inflation-weary shoppers. Discounts encourage shoppers to put off purchases, Laura Alber said. Many retailers are trying to lure in budget-conscious shoppers with discounts and other markdowns. Instead, Alber said that Williams-Sonoma has focused on getting shoppers to come back by offering consistent prices and quality items. Alber said on the company's earnings call that it wants to offer "approachable prices with great quality."
Persons: Laura Alber, Williams, Alber, CNBC's Jim Cramer Organizations: Williams, Sonoma, Walmart Locations: Sonoma
That's partly due to higher inventory levels, which rose 19% in October compared to last year. Existing home sales rose 3.4% in October, the group said. Sales rose 2.9% year-over-year for the first annual rise since July 2021 when Americans were still in the midst of a pandemic homebuying boom. Despite higher inventory levels, existing home prices have continued to rise, with the median existing home price climbing 4% in October to $407,200. Last week, the 30-year fixed mortgage rate ticked lower but remained elevated at 6.78%, three basis-points higher higher than the 52-week average, according to Freddie Mac.
Persons: Lawrence Yun, Freddie Mac, Yun, Zillow Organizations: National Association of Realtors, NAR, Bank of America Locations: Real
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley's Joseph Moore: All indications point to a strong ramp for Nvidia's Blackwell chipsJoseph Moore, Morgan Stanley Nvidia analyst, joins CNBC's 'Money Movers' to discuss outlooks on Nvidia following the company's quarterly report.
Persons: Morgan Stanley's Joseph Moore, Blackwell, Joseph Moore, Morgan Stanley Organizations: Nvidia
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