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Using AI as a cover story for workforce reductions appears to be rapidly becoming outdated. Unlike many of his peers in the tech industry, which have cut thousands of jobs this year due to the need to restructure teams to take full advantage of AI, Robinhood CEO Vlad Tenev conspicuously did not mention AI at all in his memo to employees announcing that the company would lay off about 290 people, or 10% of its full-time workforce. The company’s regulatory filings also did not announce the move, instead characterizing the layoffs as a restructuring measure. Still, Tenev said the company…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Orrick. Property Play covers new and evolving opportunities for real estate investors, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large publicly traded companies. Sign up to receive future editions directly to your inbox. A home has enough value that someone is willing to pay for it. This is probably the only truth you can rely on when putting a price tag on real estate. Enter artificial intelligence. Like everything else on earth, AI is disrupting real estate. In March,…
summary A Russian artist known for his satirical caricatures of President Vladimir Putin has been shot dead in Poland, near the Belarusian border. Semyon Skrepetsky was murdered in what prosecutors say was an alleged execution in a parking lot on Monday morning. Immediately after the attack, Polish authorities arrested two Belarusian men near the Belarusian consulate. AI-generated summaries were reviewed by CNN editors. A Russian artist known for his unflattering caricatures of President Vladimir Putin has been shot dead in Poland, and two Belarusian men have been arrested in connection with the killing, prosecutors said Tuesday. The Polish Prosecutor’s Office…
kourtney kardashian and travis barker The two have opened up about heartbreaking moments in their relationship. It’s been about three years since the couple welcomed a baby boy. rockythey detailed the difficult path to a baby that included a miscarriage. In Travis’ upcoming documentary Travis Barker: Love is louder than fear’ premiered at New York’s Tribeca Film Festival on June 13, and the couple revealed they were pregnant six months after they started dating in 2021. At the time, the two were planning to give birth to a baby girl and were planning on naming her. tulip. Unfortunately, at the…
A sports-themed exhibition was held at a shopping mall in Beijing ahead of the World Cup opening on June 11, 2026.CNBC | Chow Yin HongBEIJING — Gone are the days when you needed to buy a portable mini TV to watch World Cup soccer matches on the go.Instead, Chinese consumers can simply pull out their phones. Soccer is popular in China, even though the national team has not qualified for the World Cup since 2002.”We mainly watch on smartphones and rarely watch on TV,” Fei Jing said. “The TV at home is basically not used. Sometimes I turn on the…
When it comes to AI hardware, there aren’t many success stories to draw on. Plaud, which creates an AI-powered note-taker, aims to become an AI-powered note-taker for professionals who frequently meet. The company said it has sold more than 2 million of its devices, including Plaud Pins and a credit card-style gadget that sticks to the back of your phone. The company also said its subscription business has an annual revenue run rate of over $100 million. Proud noted that many AI companies often rely on digital documents or prompts entered from memory. The claim is that screen-less devices can…
space x announced Tuesday that it has entered into a definitive agreement to acquire artificial intelligence startup Cursor for $60 billion worth of stock, in a highly anticipated deal. The announcement comes just days after Elon Musk’s rocket maker debuted on the Nasdaq in the largest initial public offering in history. Cursor built a popular AI coding tool to help software developers generate, edit, and review code, and has experienced explosive growth since its founding in 2022. Cursor announced in November that its annual revenue exceeded $1 billion, according to a release at the time. Cursor also ranked 37th on…
summary Prince George is set to follow in the footsteps of his father, Prince William, and attend Eton College in September this year. The boarding school costs about $85,000 a year and has educated 20 British prime ministers. George will live just over three miles from his parents’ home in Windsor Great Park. AI-generated summaries were reviewed by CNN editors. Britain’s Prince George will attend elite British school Eton College, following in the footsteps of his father Prince William, the Prince of Wales and a long list of former British prime ministers. Kensington Palace confirmed in a statement to CNN…
The story of how Jelly Rolly and Bunnie Xo metBunny Zoe and Jelly Roll’s love story began in Las Vegas.As she recalled on Bussin’ With The Boys, she met the singer when they performed at a country saloon in Las Vegas in August 2015. This was before jelly rolls became famous. At the time, he was living in a van and estimated about 20 people came to the show.Instead, their spark took center stage.”When I met him, I tell people this is the craziest cliché, but literally my soul was like, ‘I’m there,'” Bunny said on a 2023 podcast. “And…
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. CNBC TV producers tell you what they were watching as the Dow Jones Industrial Average set a new record, and what they’re watching for next. Housing starts numbers will be released at 8:30 a.m. Tuesday. CNBC TV’s housing correspondent Diana Orrick will be covering the details and the impact on stocks throughout the day. Toll Brothers is up about 18% in one month. The stock rose…