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A sign is posted in front of Electric Arts headquarters on September 29, 2025 in Redwood City, California. Justin Sullivan | Getty Images News | Getty ImagesA consortium led by the Public Investment Fund of Saudi Arabia has announced the completion of the $55 billion acquisition of video games maker Electronic Arts.The deal was also financed by private equity firm Silver Lake and Affinity Partners, which is led by President Donald Trump’s son-in-law Jared Kushner.EA, which confirmed the deal late on Tuesday, said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210…
Re-opening the Strait of Hormuz is essential to bringing down the cost of living in the UK, Foreign Secretary Ed Miliband has said ahead of talks with US counterpart Marco Rubio.The Labour minister is in Washington for his first official one-on-one meeting with Rubio.The pair are also expected to discuss the war in Ukraine and the humanitarian crisis in Gaza. Miliband was invited to the US capital by Rubio after they met on the sidelines of a foreign ministers’ summit in the Philippines, where the former Labour leader made his debut as foreign secretary.The White House was reported to be…
Shortly after the opening bell, we will buy 100 shares of Intel at roughly $97.97. Following the trade, Jim Cramer’s Charitable Trust will own 1,300 shares of INTC, increasing its weight in the portfolio to about 3.20% from 3%. After gaining 10% in Tuesday’s session, Intel shares are down slightly in premarket trading following a strong AMD quarter that failed to exceed a high bar. But with the AI trade on better footing and AMD confirming that central processing unit (CPU) demand is growing well beyond internal expectations, we’re scooping up more Intel shares to further build out the position…
Ranking member Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Chairman Kevin Warsh as he testifies before the Senate Banking Committee on Capitol Hill in Washington, July 15, 2026.Tasos Katopodis | Getty ImagesSen. Elizabeth Warren, D-Mass., on Wednesday demanded that Commerce Secretary Howard Lutnick explain the Trump administration’s July decision to ease export controls on the United Arab Emirates after UAE-linked entities invested hundreds of millions of dollars in President Donald Trump’s family cryptocurrency venture.In a letter shared exclusively with CNBC, Warren asked the Commerce Department to turn over its national-security analysis and disclose whether the Defense, State or Energy departments…
If you don’t want to use your phone, the company provides a couple of NFC cards, and there’s a reader on the handlebars that lets you unlock it (you can link up to 10 cards to one machine). You can also use the phone app to set the machine to auto-lock when shut down with the NFC card. If someone manages to take off with your Olto, you can track its location. This is clearly the most security-conscious e-bike I’ve reviewed. These features exist because the Infinite Machine expects some owners to leave the Olto stored outside. As mentioned above,…
Zack Polanski has accused Labour of a “dereliction of duty” in the face of this summer’s heatwaves, as he urged Andy Burnham to take further action in response to recent wildfires and droughts.In a speech, the Green Party leader said the threat to public health and food supplies posed the “biggest threat to this country since the Second World War”.Record temperatures in recent months showed the need for immediate measures, he said, such as publicly accessible “cool spaces” and financial support to help households heatproof their homes.And he argued that more was needed to respond to the “new normal” of…
Dara Khosrowshahi, CEO of UBER, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBCUber issued a forecast for bookings and earnings that trailed analysts’ estimates, while second-quarter profit was in line with expectations. Here’s how the company did versus analysts’ estimates compiled by LSEG:Earnings per share: 81 cents vs. 81 cents expectedRevenue: $14.19 billion vs. $14.24 billion expectedRevenue increased 12% from $12.65 billion a year earlier. Net income climbed to $2.39 billion, or $1.17 a share, from $1.35 billion, or 63 cents a share, a year ago. Uber’s core mobility service accounted…
Anthropic’s Mythos model created fake online identities as it looked to pressure humans into approving malicious code updates to an open source project, marking yet another cyber incident carried out by a frontier AI system.The incident happened during a cyber evaluation where the U.K.-based AI Security Institute (AISI), a research body, had removed safeguards, disabled some safety filters, and deliberately given the models Internet access.OpenAI’s GPT-5.6-Sol was also involved in other cybersecurity incidents during the evaluation.It comes after a series of cyber breaches carried out by models developed by Anthropic and OpenAI in recent weeks. They’ve prompted a wave of…
An aerial view shows a massive column of smoke rising above Kyiv from a burning NOVUS supermarket chain warehouse following a Russian ballistic missile attack on the capital on August 5, 2026 in Kyiv, Ukraine.Libkos | Getty Images News | Getty ImagesRussia launched a massive wave of drone and ballistic missile strikes on Ukraine’s capital, killing at least 17 people and leaving 44 injured in one of the Kremlin’s deadliest attacks across Kyiv this year.The bombardment comes as each side ramps up air attacks on critical infrastructure and logistics hubs, with Ukrainian drones hitting more warehouses belonging to Amazon-style retailer…
Crude prices rebounded on Wednesday after Yemen’s Iran-backed Houthi miitants claimed they had struck a Saudi Arabian tanker in the Red Sea.Brent crude, the international price benchmark, was last seen trading at $80.32 a barrel, an increase of more than 1.2%, while U.S. West Texas Intermediate futures for September delivery rose 0.67% to $76.28.Stock Chart IconStock chart iconBrent crude.The Iranian-aligned Houthis said they hit the tanker with a missile near the coast of Yanbu, a major port for Saudi crude oil exports.The reported strike, and subsequent rebound in oil prices, rattled markets, and appeared to sour hopes of a potential…