US President Donald Trump attends a briefing on Enhanced Narcotics Operations at the U.S. Southern Command in Doral, Florida, on July 10, 2020.Saul Loeb | Afp | Getty ImagesThe Pentagon announced on Friday it is establishing a new counter-narcotics joint task force overseeing operations in Latin America, a move aimed to strengthen already intensifying military operations that have raised questions among legal experts.Defense Secretary Pete Hegseth said the task force aimed “to crush the cartels, stop the poison, and keep America safe.””The message is clear: if you traffic drugs toward our shores, we will stop you cold,” Hegseth said on…
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A statue of a soldier with its gun pointed towards Xiamen on the Chinese mainland across the Taiwan Strait on Lieyu Island in Kinmen, Taiwan.Bloomberg | Bloomberg | Getty ImagesChinese police on Saturday offered rewards of $1,400 for information about 18 people it said were Taiwanese military psychological operations officers spreading “separatist” messages, a day after Taiwan pledged to boost its defences.China views democratically-governed Taiwan as its own territory, over the strong objections of the government in Taipei, and has increased its military and political pressure against the island.The public security bureau in the Chinese city of Xiamen, which sits…
OpenAI’s EMEA startups head Laura Modiano spoke at the Sifted Summit on Wednesday, 8 October.Nurphoto | Nurphoto | Getty ImagesIn the latest comparison between American and European founders, OpenAI’s startup boss admitted that the Americans are “almost shameless” when it comes to making demands and giving feedback to the AI giant.Laura Modiano, who heads up OpenAI’s startups division in EMEA, drew a comparison between American and European founders based on her extensive work with founders across both regions and rolling out AI features.”So feedback is extremely important. We’re moving at lightning speed. It has to represent your voice and I…
MACAO — NBA Commissioner Adam Silver said Friday the WNBA could be next to play games in China. Silver spoke exclusively with CNBC courtside from the first of two NBA games in Macao. “We have to get through a new collective bargaining agreement with our players,” he said. “But once we do, there’s so much interest in women’s basketball here, I think we’d love to bring a WNBA game to Macao or to mainland China.” The games this weekend mark the NBA’s return to China after a six-year hiatus. The league is actively trying to grow its footprint in its No. 2 market,…
FILE PHOTO: Ariel Cohen during a panel at DLD Munich Conference 2020, Europe’s big innovation conference, Alte Kongresshalle, Munich.Picture Alliance for DLD | Hubert Burda Media | APNavan, a developer of corporate travel and expense software, expects its market cap to be as high as $6.5 billion in its IPO, according to an updated regulatory filing on Friday.The company said it anticipates selling shares at $24 to $26 each. Its valuation in that range would be about $3 billion less than where private investors valued Navan in 2022, when the company announced a $300 million funding round.CoreWeave, Circle and Figma…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies fall to end the week as the government shutdown continues. Plus, Morgan Stanley broadens access to crypto investments to all clients. And, former SEC attorney Ashley Ebersole weighs in on how the agency is operating under the Trump administration compared to the Biden administration. Source link
Outgoing French Prime Minister Sebastien Lecornu, who submitted his government’s resignation to the French President this morning, reacts after delivering a statement at the Hotel Matignon in Paris, on October 6, 2025. Stephane Mahe | Afp | Getty ImagesFrench President Emmanuel Macron on Friday named Sebastien Lecornu as prime minister, reappointing him after he quit the job earlier this week, hoping the loyalist can draw enough support from deeply divided parliament to pass a 2026 budget.In naming Lecornu, Macron, 47, risks the wrath of his political rivals, who have argued that the best way out of the country’s deepest political crisis in decades was for Macron…
Jensen Huang, CEO of Nvidia, speaking with CNBC’s Jim Cramer during a CNBC Investing Club with Jim Cramer event at the New York Stock Exchange on Oct. 7th, 2025.Kevin Stankiewicz | CNBCShares of Amazon, Nvidia and Tesla each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following President Donald Trump’s threats for increased tariffs on Chinese goods.With tech’s trillion-dollar companies occupying an increasingly large slice of the U.S. market, their declines send the Nasdaq down 3.6% and the S&P 500 down 2.7%. For both indexes, it was the worst day since April, when Trump…
U.S. President Donald Trump points a finger as he speaks during a roundtable on “Antifa,” an anti-fascist movement he designated a domestic “terrorist organization” via executive order on September 22, at the White House in Washington, D.C., U.S., Oct. 8, 2025. Evelyn Hockstein | ReutersPresident Donald Trump on Friday said the United States would impose new tariffs of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on Nov. 1.Trump also said that the U.S. on that same date also would impose export controls on “any and all critical software.”The president’s announcement came…
Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday.”We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in an interview. With how “big this market is, we can keep growing for a long, long time, and that’s really exciting.”CAGR stands for compound annual growth rate, a measurement of the rate of return.The Arlington, Virginia-based company also announced a $150 million growth investment from Bain…
