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Tiger Global Management on Monday announced the launch of its newest venture capital fund, Private Investment Partners 17, according to a letter to investors seen by CNBC.Tiger aims to raise $2.2 billion for the fund, said a person familiar with the company’s strategy, who requested anonymity to discuss internal matters.The hedge fund wrote that it expects PIP 17 to be similar in “strategy, size and structure” to earlier vintages and the latest PIP 16. PIP 16 was targeted at $6 billion, but ultimately ended at $2.2 billion.The largest positions in PIP 16 are OpenAI and Waymo, and these stocks are…
new york — Quillen Blackwell, whose nonprofit transforms vacant lots on Chicago’s South Side into flower farms that employ at-risk youth to grow, arrange and sell flowers, has been named a 2025 CNN Hero of the Year. Online voters selected him from this year’s top five CNN Heroes, ordinary people recognized for taking action to solve problems in their communities. Following the news, he praised his wife Hannah, his Christian faith and the young people who work at his social enterprise Southside Blooms, calling them “stars”. “To tell you the truth, I don’t know how to make a centerpiece. I…
Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell rings on December 5, 2025 in New York.Angela Weiss | AFP | Getty Imagesof S&P500 Prices fell on Monday as investors awaited the last Federal Reserve meeting of the year later this week.The broad market index fell 0.5%. Nasdaq Composite It fell by 0.4%. of Dow Jones Industrial Average It decreased by 290 points (0.6%).What put pressure on stock price sentiment was 10 year treasury Yields have continued their recent rise. The index rose this month despite the possibility that the Federal Reserve could…
More and more browsers are experimenting with agent features that perform actions on your behalf, such as booking tickets or shopping for various items. However, these agent features also come with security risks that can lead to loss of data and money. Google detailed its approach to handling user security in Chrome using the observer model and user action consent. The company previewed agent features on Chrome in September and said these features will be rolled out in the coming months. The company said it utilizes several models to constrain agent actions. Google said it built the User Alignment Critic…
Johnny Srouzi, Apple Inc.’s senior vice president of hardware technology, speaks at the virtual event “Peek Performance” on Tuesday, March 8, 2022 in New York, USA. Gabby Jones Bloomberg | Getty Imagesapple Chip leader Johnny Srouzi addressed rumors of an impending departure in a memo to employees on Monday, saying he has no plans to leave the company anytime soon.”I love my team, I love my job at Apple, and I don’t plan on leaving anytime soon,” he wrote.Bloomberg reported on Saturday that Mr. Srouzi told CEO Tim Cook that he was considering resigning, citing people familiar with the matter.…
Nicolás Maduro believes that his predecessor and political father, the late Hugo Chávez, appeared before him in the form of a small bird and a butterfly. He also thinks that celebrating Christmas two months early – by presidential decree – helps “lift the spirits of Venezuelans.” He confuses “gremlin” with “grinch,” invents words in Spanish, and often makes one linguistic slip after another. The decisions and statements of Venezuela’s president can be so eccentric that many Venezuelans and Latin Americans have a name for them: “maduradas.” He has, however, proven for years that underestimating him can be a mistake for…
But the Oscar winner didn’t reach this level of self-love journey overnight. Kate then pointed out: She achieved success in 1997 titanicshe dealt with “relentless bullying” from the media over her appearance. “I wasn’t ready to be a famous actress,” she recalled. “Even though I was so young, I felt so invaded. Nothing good happened. People were climbing into my garden. I couldn’t go to the store. I was followed as I was putting my baby in the back of my car on the way to the pediatrician. This is unusual.” This isn’t the first time Kate has opened up…
Shanghai Bund skyline panoramaYanna | E+ | Getty Images Japanese benchmark Nikkei Stock Average rose 0.18% to 50,581.94, while TOPIX rose 0.65% to close at 3,384.31. Korean Kospi rose 1.34% to 4,154.85, while the small-cap Kosdaq rose 0.33% to close at 927.79.The revised plan announced by the Tokyo metropolitan government on Monday shows Japan’s economy contracted more sharply from July to September than originally expected. According to official data, GDP contracted at an annualized rate of 2.3% in the third quarter, worse than the median forecast of economists for a 2.0% decline and preliminary estimates of a 1.8% decline.Australia’s ASX/S&P…
Waymo driverless taxi parking lot in Lower Manhattan, New York City, USA, November 26, 2025. Brendan McDiarmid | ReutersWaymo, a robotaxi unit owned by alphabetThe company has logged more than 450,000 paid rides per week, according to a letter from investor Tiger Global seen by CNBC.This is nearly double the milestone Waymo reached in April, when it reported 250,000 paid robotaxis rides per week in the US. “Waymo is the clear leader in self-driving cars, recently completing more than 450,000 trips per week with a product that is 10 times safer than human drivers,” Tiger Global wrote in a letter…
Cairo AP — A drone attack by a Sudanese paramilitary group hit a kindergarten in south-central Sudan, killing 50 people, including 33 children, a doctors’ group said. The Sudanese Doctors Network said in a statement late Friday that emergency workers at the scene in the town of Karogi in South Kordofan state were targeted in a “second unexpected attack.” Emergency Lawyers, a rights group that tracks violence against civilians in Sudan, said in a statement on Saturday that it reported a second attack on emergency workers treating survivors in Karogi, and said a “third civilian facility close to the previous…