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Politics
China’s Alibaba bans Anthropic for employees after attack claims
Alibaba will ban employees from using Anthropic's artificial intelligence tools for work purposes as of July 10, citing concerns that the U.S. company has back-door security risks, CNBC confirmed on Monday. The Chinese e-commerce giant…
Platner Senate campaign responds to sexual assault allegation
Graham Platner, Democratic US Senate candidate for Maine, during a primary election night event at the Blue Hill YMCA in Blue Hill, Maine, US, on Tuesday, June 9, 2026. Graeme Sloan | Bloomberg | Getty ImagesDemocratic Maine Senate…
Why the market is rethinking defense valuations
The rapidly evolving nature of warfare and modern military requirements should prompt investors to rethink valuations in the defense sector, according to Panmure Liberum strategist Joachim Klement.While an increasingly fractious…
NATO tensions are ‘growing pains,’ U.S. envoy says
Tensions within NATO over the Trump administration's campaign to pressure allies on defense spending reflect "growing pains" rather than a crisis, the U.S. ambassador to the alliance told CNBC on Monday. "The target is that Europe takes…
Student loan servicers begin SAVE plan exit notices
Fg Trade | E+ | Getty ImagesIt's official: Student borrowers enrolled in the Saving on a Valuable Education plan, known as SAVE, need to exit the program. Loan servicers have begun alerting borrowers this month that they have 90 days to…
Microsoft cuts 2.1% of employees as Xbox unit plans to spin studios
Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company's Xbox division losing about one-fifth of its staff in the software giant's latest effort to cut costs in the era of artificial intelligence. "The…
Trump defends Balogun red card review call for World Cup
President Donald Trump on Monday defended making a phone call to FIFA President Gianni Infantino, which led to the soccer association controversially overturning a one-game World Cup suspension of U.S. Men's National Team striker Folarin…
Trump rings opening bell at White House in joint Nasdaq-NYSE open
President Donald Trump on Monday morning rang the opening bell of the stock market from the White House Oval Office in a first-of-its-kind joint ceremony with the New York Stock Exchange and the Nasdaq.The event marking the launch of…
Apple veteran takes on Meta with $1 billion smart-glasses maker
A Chinese smart-glasses maker founded by an Apple veteran has become a unicorn after a funding round with investors including Meituan and Tencent.Even Realities Technology raised $150 million in the pre-Series B round, giving it a…
Versant to buy golf simulator company Full Swing for $530 million
Mark Lazarus, chief executive officer of Versant, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Wednesday, April 15, 2026. Aaron Schwartz |…