Italy buys Caravaggio painting for about  million, one of its largest payouts for a single work

Italy buys Caravaggio painting for about $35 million, one of its largest payouts for a single work

ROME — Italy has bought a rare portrait by baroque painter Caravaggio for 30 million euros (about $35 million), one of the largest state investments ever for a single artwork, the country’s Culture Ministry said Tuesday. The portrait, painted around 1598 and attributed to Caravaggio in 1963, depicts Maffeo Barberini, a nobleman who later became…

Read More
Cybersecurity stocks drop on Anthropic AI disruption fears

Cybersecurity stocks drop on Anthropic AI disruption fears

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images Cybersecurity stocks dropped for a second day on Monday as investors fretted over new artificial intelligence security tools that threaten to displace the sector’s longstanding business models….

Read More