US News

We’re happy to pay Apple 30%

Evan Spiegel, CEO of SNAP Inc.Stephen Desaulniers | CNBCSnap CEO Evan Spiegel on Friday said the social media company is happy to pay Apple's 30% commission rate on in-app transactions."We really feel like Snapchat wouldn't exist without the iPhone...

Barry Diller says Netflix won the streaming war years ago

Netflix has already won the streaming wars, media mogul Barry Diller told CNBC on Friday."Netflix won this several years ago, they're the only ones who have the scale and momentum to keep making these somewhat lunatic investments in programming,"...

Snap buys augmented reality company WaveOptics in $500 million deal

Evan Spiegel, CEO of Snap, announces new Spectacles AR glasses that let you overlay digital objects on the real world.Source: SNAP Inc.Snap is acquiring WaveOptics, a company that creates lenses and other parts that are used in augmented reality...

Treasury yields drift lower with focus on economic data

U.S. Treasury yields drifted lower early on Friday, with Markit's May purchasing managers' index due out later in the morning.The yield on the benchmark 10-year Treasury note fell to 1.618% at 3:45 a.m. ET. The yield on the 30-year...

Amazon is shutting down its Prime Now fast delivery app

A picture taken on June 9, 2016 shows Amazon warehouse in Paris, part of the new service 'Prime Now'.Eric Piermont | AFP | Getty Images Amazon is shutting down its standalone Prime Now platforms and directing users who want...

Conceivable middle, high schools will be mask-free in the fall: Fauci

Dr. Anthony Fauci, chief medical advisor to the White House, said that it's conceivable for middle schools and high schools to be completely mask-free in the fall."If the children get vaccinated, it is conceivable that that would actually wind...

CDC mask guidelines could increase risk of spreading Covid at work and in public, scientists say

The CDC's new mask guidelines could actually increase the risk of spreading Covid-19 in public spaces and workplaces, scientists of a leading infectious disease group said Thursday.The Centers for Disease Control and Prevention abruptly reversed its mask guidance for...

Chris Cuomo advised brother Andrew Cuomo on sexual misconduct claims

Governor of New York Andrew Cuomo and Chris Cuomo in 2018.Dia Dipasupil | Getty ImagesCNN anchor Chris Cuomo participated in a series of strategy calls advising his brother, New York Gov. Andrew Cuomo, on how to respond to numerous...

Biden delivers remarks after Israel, Hamas agree on cease-fire

President Joe Biden is set to deliver remarks on the Middle East, hours after Israel and Hamas agreed on a tentative cease-fire.The truce, if followed, would halt Israeli airstrikes on the Gaza Strip and Hamas rocket attacks against Israel....

Palo Alto Networks (PANW) earnings Q3 2021

Nikesh Arora, CEO of Palo Alto Networks and formerly SoftBank Group Corp. President and COO, speaks during the SoftBank Academia Special Lecture with Chairman and CEO Masayoshi Son in Tokyo on October 22, 2015.KAZUHIRO NOGI | AFP | Getty...

Latest News

Supreme Court Justice Stephen Breyer will retire Thursday, to be replaced by Ketanji Brown Jackson

Supreme Court Justice Stephen Breyer will retire a week after the court overturned Roe v. Wade, which established a constitutional right to abortion.