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For the first time in 2025, consumers will spend more on non-gaming mobile apps than on games, according to findings from market intelligence firm Sensor Tower’s annual State of Mobile report. While this milestone has been seen in certain markets such as the US and in certain quarters, it is the first time it has occurred globally in 2025. Last year, consumers around the world spent about $85 billion on apps, an increase of 21% year over year. This number is nearly 2.8 times what they were spending just five years ago. Image credit: Sensor Tower Generative AI, a defining…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. Or maybe not if you held US assets during yesterday’s selloff.S&P 500 futures were little changed this morning. The three major indexes are emerging from their worst days in recent months.Here are five important things investors need to know to start their trading day.1. Red, white, blueTraders work as the American flag is hoisted on the floor of the New York Stock Exchange (NYSE) in New York.Michael Nagle | Bloomberg | Getty ImagesUS stocks tumbled yesterday following President Donald Trump’s threat to impose new…

‘Chocolate fration’ is causing bitterness to chocolate lovers all over the world. Big-name brands like Lindt and Hershey’s increased their prices by double-digit percentages last year. The main cause of inflation is the rise in cocoa prices, which hit a record high in 2024 when the crop in West Africa, which accounts for 80% of the world’s cocoa production, was hit by a drought exacerbated by climate change. Since then, prices have fallen dramatically but are still well above where they were five years ago, and experts say market volatility is likely to continue. Singapore-based startup Prefer aims to ease…

Nicola Peltz Beckham reportedly shed tears as wedding guest Marc Anthony shouted Victoria BeckhamAdding fuel to the wedding drama fire: The newlyweds’ first dance didn’t go as expected, but it’s reportedly very unclear why. “Brooklyn and Nicola thought Marc Anthony had gifted them their first dance,” a source told E! News for May 2025. Instead, the singer “announced, ‘Welcome to the stage the most beautiful woman in the room, Victoria Beckham.'” Ms. Brooklyn was left in an awkward situation, with no idea what to do. ” The source added: “Nicola left the room in tears. She eventually returned and was…

A United Airlines plane at George Bush Intercontinental Airport in Houston, November 6, 2025.Brandon Bell | Getty Imagesunited airlines said on Tuesday that sales of premium seats, business travel and no-frills tickets have been strong in recent weeks, and strong travel demand could result in record profits this year.The company expects adjusted earnings per share to be between $12 and $14 this year, in line with analyst estimates of $13.16. For the first quarter, United had expected earnings of $1 to $1.50 per share, while analysts expected earnings of $1.13 per share. United join the rivals delta airlines in predicting…

Language learning marketplace Preply has raised $150 million in a Series D round and is now valued at $1.2 billion. This is a new chapter for the 14-year-old company, whose previous backers include Horizon Capital, Hoxton Ventures, Owl Ventures, and Techstars Berlin. Preply has been connecting language learners and tutors since 2013 and has now had 12 months of positive EBITDA. Not coincidentally, we’ve also strengthened our AI integration to support 100,000 instructors and continue to scale. It’s a fine line. While Duolingo faced backlash after declaring it would become an “AI-first company,” tutoring is a key differentiator for Preply.…

Top-ranked Carlos Alcaraz and Aryna Sabalenka won in straight sets in their third round match at Melbourne Park.At the Australian Open, top-ranked Carlos Alcaraz and Arina Sabalenka advanced to the third round.World No. 1 Carlos Alcaraz has fended off a series of “bombs” to enter Wednesday’s Australian Open third round, joined by Aryna Sabalenka and near-perfect Coco Gauff.Recommended stories list of 4 itemsend of listThree-time finalist Daniil Medvedev also survived, but needed four sets to get his Grand Slam dream back on track at a cool, cloudy Melbourne Park after days of hot weather.Spanish superstar Alcaraz took another step toward…

At a press conference at the White House, President Donald Trump pointed out that his second term will be one year old on January 20, 2026.Nathan Howard | ReutersPresident Donald Trump gave no details on Tuesday about what efforts he would make to achieve his goal of making Greenland part of the United States, a day before he was scheduled to arrive at the World Economic Forum in Davos, Switzerland. During a nearly two-hour press conference at the White House, President Trump was asked how far he would go to acquire the Arctic island, saying, “We’ll see.” President Trump’s aggressive…

NANJING, CHINA – NOVEMBER 25: Aerial view of Alibaba Jiangsu headquarters at night on November 25, 2025 in Nanjing, Jiangsu Province, China. (Photo provided by Fang Dongxu/VCG, Getty Images)Video Visual China Group | Getty ImagesAs companies like Alibaba and ByteDance race to turn chatbots into full-service shopping and payment tools, Chinese tech giants are entering a new phase of the artificial intelligence race called “proxy commerce.”Alibaba last week updated its Qwen AI chatbot to allow users to complete transactions such as ordering food or booking flight tickets directly within the interface.The upgrade connects Qwen to Alibaba’s extensive e-commerce ecosystem, allowing…

On January 21, 1976 a teenage John Tye was among crowds of onlookers clinging to a chain link fence, cheering as the first commercial British Airways Concorde flight departed from London’s Heathrow airport. Tye was exhilarated, amazed and inspired as he saw this sleek, supersonic airplane of the future climb into the skies and make history. Little did Tye know some 20 years later, he’d be sitting in the Concorde flight deck for the first time, pinching himself that his teenage dream was coming true. Tye vividly recalls his first moments flying Concorde. Sure, he’d gone through extensive training, he’d…