Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now sits on over $7 billion in debt, the person added. The company declined to comment. Databricks is among the highly valued technology companies that are primed…
Stablecoin issuer Circle is tumbling as the latest version of a bill known as the Clarity Act shows it could limit yield on stablecoin balances. The shares fell 20% on Tuesday, marking the stock’s worst day ever. Previously, its steepest dive was June 27, when it sunk 15.5%. The move also dragged down Coinbase, which…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft had all the pieces to win in vibe coding, thanks to the near ubiquity of GitHub, which the company bought for $7.5 billion in 2018. But repeated…
Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future…
People are reflected at the Capital One building on April 20, 2026 in New York City. Zamek | View Press | Corbis News | Getty Images Capital One filed a lawsuit Tuesday against operators of alleged “scam campaigns,” accusing them of something unexpected: trademark infringement. The suit, filed in the U.S. District Court for the…
The Justice Department has opened a federal civil rights probe into the fatal shooting of Alex Pretti in Minneapolis, Deputy Attorney General Todd Blanche said Friday. Pretti, a 37-year-old intensive care unit nurse, was fatally shot by federal agents in Minneapolis on Saturday after a heated confrontation between authorities and protesters. The shooting, which came…
Catherine O’Hara, the beloved star who left us at 71, exemplified the beauty of prioritizing family. Her career decisions revolved around her desire to be present for her sons, showing that joy and laughter should reign in the household. Catherine O’Hara, the beloved actress who brought warmth and humour to classics like Home Alone and…
The conflict is now a test of wills – Iran’s capacity to absorb strikes versus Trump’s tolerance for the war’s costs. Source link
Kentucky family rejects $26 million offer from Fortune 100 company to sell ‘priceless’ generational farm for AI data center A farming family in northern Kentucky has turned down a $26 million offer from a Fortune 100 company seeking to build a large AI-linked data centre, choosing instead to keep land they say carries far greater…
Katya Adler Europe Editor BBC Something in Europe has snapped. Donald Trump doubled down again on Monday, in his insistence that the US needs Greenland for national security reasons. Is he prepared to use force to seize it, journalists asked him? “No comment,” said the president, sending chills down the spine of Greenland’s anxious inhabitants….