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Instagram now has 3 billion monthly active users
CNBC· 2025-09-24 15:00
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode.Instagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said on his Instagram account on Wednesday. "What an incredible community we've built here," Zuckerberg posted on his Instagram channel. The figure is a major milestone for the photo-sharing app, which the social media company acquired in 2012 for $1 billion.Meta last disclosed Instagram's user figures ...
Microsoft adds Anthropic AI model to Copilot assistant, diversifying from OpenAI
CNBC· 2025-09-24 15:00
Microsoft is the lead investor in OpenAI and has long been the artificial intelligence startup's key cloud partner. But in the latest sign that AI relationships are getting complicated, Microsoft is beginning to use more technology from OpenAI rival Anthropic.The software giant said Wednesday that it's starting to draw on an AI model from Anthropic to answer some queries in the Microsoft 365 Copilot assistant for commercial clients.The effort represents another step toward diversification in generative AI f ...
New home sales soar 20% in August to a three-year high
CNBC· 2025-09-24 14:56
Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4% higher than August 2024.This count is based on people out shopping in August and signing deals, when the average rate on the 30-year fixed mortgage was higher than it is today. That rate started August at 6.63%, according to Mortgage News Daily, and didn't really move muc ...
Ford offers special financing to F-150 buyers with lower credit scores
CNBC· 2025-09-24 14:23
Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas.DETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings.The move includes offering consumers with subprime credit — those with a FICO score below 620 — lower interest rates that are typically offered to those with quality scores, the automaker's Ford Credit financial arm co ...
Seasonal retail hiring to fall to lowest level since 2009, signaling trouble for holidays, report says
CNBC· 2025-09-24 14:12
A "we're hiring" sign is displayed outside a Target store, after U.S. employment growth slowed more than expected in July, in Encinitas, California, U.S. August 1, 2025.Seasonal hiring in the retail industry is poised to fall to its lowest level since the 2009 recession, an early warning sign that the holiday shopping season could be softer than expected, job placement firm Challenger, Gray & Christmas said in a Wednesday report. Challenger is projecting retailers may add under 500,000 positions in the fina ...
Trump's tennis invite from Rolex echoes Apple, Nvidia playbook for currying favor, Warren says
CNBC· 2025-09-24 14:02
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men's Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York City.Sen. Elizabeth Warren served Rolex with a critical letter on Wednesday for hosting President Donald Trump at the U.S. Open, alleging that the Swiss company could be trying to sidestep tariffs slapp ...
Chinese giant Xiaomi challenges Samsung with new smartphones and appliances
CNBC· 2025-09-24 13:43
产品发布 - 小米在慕尼黑国际发布会上推出Xiaomi 15T系列智能手机 包括Xiaomi 15T和Xiaomi 15T Pro两款机型[1] - 新机型定价分别为649欧元(约766美元)和799欧元 延续高性价比策略 配备三摄系统、6.83英寸大屏和大容量电池[2] - 15T系列定位为"经济型旗舰" 以高端功能但比顶级高端设备低半档的价格为卖点[3] 市场竞争 - 直接对标三星中端A系列和高端S系列手机 三星S25起售价799欧元 S25 Ultra德国起售价1249欧元[2][3] - 公司在欧洲市场份额排名第三 仅次于三星和苹果 通过高端和中端产品组合对两大巨头形成强劲挑战[4] - 分析师认为这是公司高端化战略的重要步骤 旨在吸引预算敏感但注重规格的高端设备买家[5] 战略布局 - 公司持续扩大地理覆盖和产品范围 从洗衣机到电动汽车等多领域拓展[3] - 同步宣布Mijia品牌家电全球上市 包括冰箱、洗衣机和空调 复制三星跨品类全球销售模式[5][6] - 凭借高性价比优质产品的运营模式 对进入领域的任何竞争对手构成压力[6] 产品线规划 - 今年早些时候已在国际市场推出更昂贵的小米15手机[4] - 在中国市场正筹备发布17系列旗舰设备[4]
Lithium Americas soars 65% as Trump administration seeks equity stake in Canadian miner
CNBC· 2025-09-24 13:16
Lithium Americas stock soared Wednesday as the Trump administration is seeking an equity stake in the mining company, which is based in Vancouver, British Columbia.The White House is seeking an equity stake as Lithium Americas renegotiates the terms of a $2.2 billion loan from the Department of Energy for its Thacker Pass mine, a Trump administration official told CNBC. Reuters first reported the equity stake proposal.Lithium Americas' shares surged about 70% premarket.It is the latest move by the White Hou ...
Defense stocks rally as Trump, in a major shift, says Ukraine can win back territory from Russia
CNBC· 2025-09-24 10:00
A Swedish Air Force Saab JAS 39 Gripen jet fighter takes off during the NATO's Ramsteign Flag 2025 exercice at Leeuwarden Air Base on April 8, 2025.Global defense stocks moved higher on Wednesday after U.S. President Donald Trump, in a major rhetorical shift, said Ukraine could retake territory currently occupied by Russia.In a post published overnight on his Truth Social platform, Trump said that Kyiv, with the support of the European Union and the NATO military coalition, "is in a position to fight and WI ...
European stocks set to lose ground after Fed's Powell says equities are 'highly valued'
CNBC· 2025-09-24 06:31
European shares look poised to open lower on Wednesday, as investors react to a suggestion from Federal Reserve Chair Jerome Powell that equities are "fairly highly valued."London's FTSE 100 is expected to open 0.2% lower, according to IG, while the German DAX and France's CAC 40 are slated to shed 0.3% and 0.4%, respectively.Overnight in Asia, shares broadly moved lower, while U.S. stock futures were flat in the early hours of Wednesday morning.Global markets were rattled after Federal Reserve Chair Jerome ...