Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel "uneasy" about those firms intervening in the public space."I generally don't think that politics and tech innovation mixes very well," Clegg told CNBC's "Squawk Box." "I think it's quite good when they kind of keep each other at a certain, respectful distance."President Donald Trump's deal with China this week to keep TikTok alive in the U.S. includes heavy doses of both e ...

watch nowWhen Hou Yujie isn't convincing customers to rent traditional Chinese clothing for photos at the country's famous Forbidden City, she and her friends are checking stocks.Hou recently put 10% of her money in the market. In just a few days, she earned one month's salary — and she's thrilled. "Interest rates for bank deposits are so low I don't even want to bother," Hou said at her shop outside the Beijing tourist site. "Stocks are a hot topic right now."Chinese stocks, once deemed univestable by many ...

Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesAnthropic is stepping up its global enterprise ambitions.The $183 billion artificial intelligence startup has grown its business customer base from under 1,000 to more than 300,000 in just two years, as demand for Claude's models accelerates across industries and regions.On Friday, the company announced it will triple its international workforce and expand its applied AI team fivefold in 2025, as it scales beyond the U.S. and intensifies competition wi ...

OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | ReutersThis week, OpenAI redefined what momentum — and risk — look like in the artificial intelligence arms race.Now comes the hard part: Executing on CEO Sam Altman's multitrillion-dollar vision.In a rapid-fire series of announcements, the company unveiled partnerships involving mind-bending sums of money and cemented its place at the center of the next ...

Boeing can sign off on its 737 Max and 787 Dreamliner planes before they're handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of safety crises.The FAA stopped allowing Boeing to issue its own airworthiness certificates for 737 MAX airplanes in 2019 after two fatal crashes. It made a similar decision for Boeing 787 airplanes in 2022 because of production defects. "Safety drives everything we do, a ...

Stocks of leading Indian drugmakers fell on Friday, even though the 100% U.S. tariffs on branded and patented drug imports are unlikely to affect these companies.Indian companies mostly export generic drugs to the U.S., so the likely impact will be pretty minimal, Sudarshan Jain, an official at the Indian Pharmaceutical Alliance, told CNBC. Yet, shares of large Indian drugmakers like Sun Pharmaceutical and Divi's Laboratories fell by 2.5% and 3.5% on Friday, with even the sector benchmark Nifty Pharma Index ...

Gold keeps trading up to new record high prices. Bitcoin, while struggling to break out above recent record levels above $100,000, continues to find more mainstream adoption. But both the classic market safe-haven and its more risky new crypto rival are doing something other than just move up and to the right on the chart for investors: within some exchange-traded funds, they are also generating income.Investors want exposure to alternative assets that do not move in lockstep with stocks and bonds. That com ...

Breakfast cereals are displayed for sale in Medford, Massachusetts, U.S., April 22, 2025.Core inflation was little changed in August, according to the Federal Reserve's primary forecasting tool, likely keeping the central bank on pace for interest rate reductions ahead.The personal consumption expenditures price index posted a 0.3% gain for the month, putting the annual headline inflation rate at 2.7%, the Commerce Department reported Friday.Excluding food and energy, the more closely followed core PCE pric ...

Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025.Nvidia this week said it'll invest $100 billion into OpenAI in a deal that highlights just how big the chipmaker's investment portfolio has become since the arrival of generative AI in 2022.That deal came just one week after Nvidia committed a $5 billion investment into one-time rival Intel, and after the company announced its intenti ...

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