Ray-Ban Meta smart glasses are powered by a Qualcomm chip. Qualcomm, Samsung and Google are working on smart glasses, according to Qualcomm CEO Cristiano Amon. Nurphoto | Nurphoto | Getty ImagesQualcomm CEO Cristiano Amon told CNBC the chip designer is working with Samsung and Google to explore a mixed-reality set of glasses linked to a smartphone — taking a different approach from Apple, which launched a larger headset.Last year, Google, Samsung and Qualcomm struck a partnership to develop mixed-reality technology. That refers to the combination of augmented and virtual reality, often involving digital images that are imposed over the real world…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Sam Hallene, investment partner at trading and VC firm CMT Digital, explains what crypto sectors are attracting the most venture capital investments right now and whether AI is pulling some money away from blockchain investments. Source link
An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia, on Wednesday, Oct. 3, 2018.Simon Dawson | Bloomberg | Getty ImagesSaudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 per barrel. When around 75% of your fiscal revenue comes from oil, that’s a big deal.And for a time, its fiscal breakeven oil price — what it needed a barrel of crude to cost…
A ship stranded in the growing salt flats of Lake Urmia in Iran.Hamed | Afp | Getty ImagesThe diminishing availability of water resources across the globe should be considered one of the most pressing environmental security challenges of the century.That’s the view of one military geography and environmental security specialist, who recently published a study examining the relationship between water scarcity, geopolitics and the potential for violent conflict in a warming world.Francis Galgano, an associate professor at the department of geography and the environment at Villanova University in Pennsylvania, said poor governance in acutely vulnerable areas — especially in transboundary…
CNBC’s Jim Cramer on Wednesday tried to quell investors’ recession fears. He pointed to several sectors that are seeing gains and said that the economy needs to slow for the Federal Reserve to make eagerly awaited interest rate cuts.”If you have a market that’s been driven by a handful of stocks and then suddenly it’s being driven by health care, consumer packaged goods and financials, utilities, are we to presume that’s somehow a bad thing? If everything were to go down, sure, real bad, but not this time,” he said. “We have a ton of stocks that’re rallying here, a ton,…
Workers are processing chips at a workshop of an optoelectronic technology company in Huai’an, China, on May 11, 2024. Costfoto | Nurphoto | Getty ImagesChina is ramping up spending on chip manufacturing equipment, surpassing the combined expenditure of the U.S., South Korea, Taiwan and Japan in the first half of the year, according to an industry report Thursday.The outsized investment is driven by Beijing’s endeavors for chip self-sufficiency as it hopes to hedge against further risks of Western restrictions that could thwart its access to the critical technology. In the first half of 2024, China splurged a whopping $24.73 billion on procuring…
Stanford University has the top MBA program in the world in 2024, according to LinkedIn.David Madison | Getty Images Sport | Getty ImagesThe Stanford Graduate School of Business is the No. 1 Master of Business Administration program in the world in 2024, according to LinkedIn.This year, eight of the top 10 universities are located in the U.S., according to LinkedIn’s 2024 Top MBA global list, which evaluated the programs on five key pillars: job placement, ability to advance, network strength, leadership potential and gender diversity.The list only includes full-time accredited MBA programs that have at least 1,500 total alumni and…
Pictured here in Nov. 2023 is a storefront for Chinese retailer Miniso in London.Peter Dazeley | Getty Images News | Getty ImagesBEIJING — Chinese brands turning to global markets for growth have a major advantage over the first wave of Asian businesses that went global: a large ethnic Chinese diaspora.That’s according to a study published Thursday by U.S. consulting firm Bain and Company. Their analysis looked mostly at data through the year 2023 for 150 Asia-Pacific headquartered consumer goods companies that are publicly traded.”The ethnic Chinese population overseas is so large in many markets that I think there’s a disproportionate…
Goldman Sachs has refreshed its lists of top global stock picks for September, adding some and removing others. The stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” which aims to offer investors a “curated and active” list of 15 to 25 buy-rated stocks. Stocks on the list are selected by a subcommittee designated by the bank’s Investment Review Committee for each region. “The subcommittee will collaborate with each sector analyst to identify top ideas that offer a combination of conviction, a differentiated view and high risk-adjusted returns,” Goldman Sachs said. Here are three of the latest…
A “Now Hiring” sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC.Anna Moneymaker | Getty Images News | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todaySecond-day dropOn Wednesday, the S&P 500 and Nasdaq Composite fell for a second day, but the Dow Jones Industrial Average managed to buck the trend with a slight rise. The pan-European…
