Entrepreneur and 2025 CNBC Changemaker Paris Hilton discusses her new beauty line that is a joint venture with Guthy-Renker. Watch more of the interview: cnb.cx/43ff6sA
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,956,098 followers
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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Updates
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Paris Hilton, a 2025 CNBC Changemaker, discusses her initiatives with 11:11 Media to help provide relief in the aftermath of the LA wildfires. Watch more of the interview: cnb.cx/43ff6sA
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Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of large headcount reductions across the tech industry. In January, Meta said it would let go of 5% of its workers, and earlier this month Workday, which sells human resources and finance software, announced an 8.5% decrease. In November, chipmaker AMD said it would let go of 4% of its staff members. Google this week also announced cuts to its human relations and cloud divisions, CNBC reported. "Our GTM model has evolved significantly from the transition to subscription and multi-year contracts billed annually to self-service enablement, the adoption of direct billing, and more," CEO Andrew Anagnost wrote in a memo to employees. "These changes position us to better meet the evolving needs of our customers and channel partners. To fully benefit from these changes, we are beginning the transformation of our GTM organization to incre
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The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law. "It is the Division's view that transactions in the types of meme coins described in this statement do not involve the offer and sale of securities under the federal securities laws," the statement says. "Persons who participate in the offer and sale of meme coins do not need to register their transactions with the Commission. ... Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws." It also said "a meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of 'security' because, among other things, it does not generate a yield or convey rights to future income, profits, or assets of a business. In other words, a meme coin is not itself a security."
SEC says most meme coins are not securities
cnbc.com
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CNBC reposted this
Meta plans to release standalone Meta AI app in effort to compete with OpenAI’s ChatGPT, CNBC has learned. The standalone Meta AI app should debut in the second quarter. It marks a major step in Meta CEO Mark Zuckerberg’s plans to make his company the leader in artificial intelligence by the end of the year, ahead of competitors like OpenAI and Alphabet. Currently, Meta AI is only available as a website and as an embedded feature in apps like Facebook and WhatsApp, which gives Meta AI a lot of scale and an advantage over other LLM-powered chatting tools. Consider, however, the idea that people may interact with these chatbots differently depending on the overall UI and design. People who use Meta AI may accidentally activate the service when navigating WhatsApp, or when they do willingly use Meta AI via WhatsApp, they may only ask basic questions because they aren't conditioned to use the tool for more sophisticated queries. It makes sense that Meta would create a standalone Meta AI app because doing so potentially gives the company an opportunity to obtain more complex queries, which can then be used to improve the underlying AI models, among other reasons. Read more here at CNBC: https://lnkd.in/gND-zFen
Meta plans to release standalone Meta AI app in effort to compete with OpenAI's ChatGPT
cnbc.com
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Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker's shares slumped more than 8% on Thursday following quarterly earnings, wiping out about $273 billion in value and giving the company a market cap of $2.94 billion. The S&P 500 index fell 1.6% and the Nasdaq dropped 2.8%. Nvidia is still the second most valuable U.S. tech company, behind Apple, and ahead of Microsoft, one of its biggest customers.
Nvidia bounced from the $3 trillion market cap club after falling more than 8%
cnbc.com
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Google told staffers in its "People Operations" and cloud organizations this week that it plans to cut employees as a part of internal reorganizations, CNBC has learned. The company will offer a voluntary exit program to U.S.-based, full-time employees in People Operations, Google's human relations division, starting in early March, according to a memo issued by HR chief Fiona Cicconi on Tuesday that was viewed by CNBC. The latest cuts come after finance chief Anat Ashkenazi said one of her top priorities would be to drive more cost-cutting as Google expands its spending on AI infrastructure in 2025. After the company reported revenue that missed expectations for the fourth quarter earlier this month, Ashkenazi said that the company had strong demand for AI products and that it "exited the year with more demand than we had available capacity."
Google announces layoffs in its HR, cloud units as part of on-going cost cuts
cnbc.com
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Dell reported fourth-quarter sales that fell short of analysts' estimates but earnings topped Wall Street expectations. Here's how the hardware company did versus LSEG consensus estimates: Dell shares are down less than 5% so far in 2025, but the company's stock has more than doubled in the last two years due to soaring demand for artificial intelligence systems, often based around Nvidia graphics processing chips. Dell sells Nvidia-based servers to Elon Musk's xAI, for example, and said it had $4.1 billion in backlogged AI server orders at the end of January.
Dell forecasts $15 billion of AI server sales this year
cnbc.com
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CNBC reposted this
Meet the 2025 #CNBCChangemakers: See the full list of women transforming business. https://cnb.cx/4ie3jPK
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CNBC’s Kate Rooney sits down with Amazon SVP Devices & Services Panos Panay to discuss the long-awaited revamp of its digital assistant, and how Alexa+ is optimized to compete within an increasingly crowded field of AI-powered agents and devices. Watch the full interview: cnb.cx/4h03P2Q