Under the EU’s Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. Gabby Jones | Bloomberg via Getty Images Apple on Thursday said it would cut the company’s App Store fees from 30% to 15% for some app makers, if they enter into a…
Omar Marques | Lightrocket | Getty Images With ski season approaching, Uber wants to take you to the slopes. The ride-hailing company on Thursday announced Uber Ski, which will allow users to book a ride to and from nearly 40 mountains in the U.S., Canada, Switzerland and France, according to a release. The services is…
Joby Aviation’s hybrid aircraft. Courtesy: Joby Aviation Joby Aviation completed the first test flight of its hybrid defense aircraft, three months after the company teamed up with government contractor L3Harris on the project. The successful launch occurred on Nov. 7, at Joby’s facility in Marina, California, the company said on Thursday. Chairman Paul Sciarra told…
U.S. President Donald Trump signs the funding bill to end the U.S. government shutdown, at the White House in Washington, D.C., U.S., Nov. 12, 2025. Kevin Lamarque | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading…
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 12, 2025 in New York City. Spencer Platt | Getty Images The divergence between the performance of the Dow Jones Industrial Average and Nasdaq Composite on Wednesday stateside reinforces the suggestion that there are two markets operating in the U.S.: one…
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 12, 2025 in New York City. Spencer Platt | Getty Images The divergence between the performance of the Dow Jones Industrial Average and Nasdaq Composite on Wednesday stateside reinforces the suggestion that there are two markets operating in the U.S.: one…
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance….
Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General The founder of Virginia-based defense startup Govini was arrested on charges of attempting to solicit a pre-teen girl for sexual contact in Pennsylvania, authorities said Monday. The founder, Eric Gillespie, 57, was charged with four felonies, including multiple counts of unlawful contact…
Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the…
Anthropic announced plans Wednesday to spend $50 billion on U.S. artificial intelligence infrastructure buildout, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company’s rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack. Fluidstack is an AI cloud platform…
