Author: Daniel snow

Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey.Manuel Orbegozo | Handout | ReutersA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Even as tax changes may reduce giving by the wealthy, a leading investment firm is pioneering a new model of philanthropy that could spur big donors to act now.Iconiq Capital, which started in Silicon Valley with clients like Mark Zuckerberg and Jack Dorsey, has created collaborative philanthropy funds to jump-start giving. These so-called co-labs pool clients’…

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Brian Krzanich, chief executive officer of Intel Corp., right, shows the collision avoidance feature of an AscTec Firefly drone with Intel RealSense cameras during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada.Patrick T. Fallon | Bloomberg | Getty ImagesIntel is spinning out its artificial intelligence robotics and biometric venture as more companies bet big on automation tools.The new company, known as RealSense, was announced Friday and comes alongside a $50-million Series A funding round that includes MediaTek Innovation Fund and Intel Capital, the chipmaker’s venture arm that it is also spinning out.RealSense, which makes the tools and technology…

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Me 3645 Studio | Moment | Getty ImagesRepublicans gave a roughly $4 trillion tax cut to Americans in the so-called “big beautiful bill” that President Donald Trump signed into law last week, extending several tax provisions slated to expire next year.However, there was a notable omission: an extension of enhanced premium tax credits, according to health policy experts.The enhanced credits, in place since 2021, have lowered the cost of health insurance premiums for those who buy coverage through the Affordable Care Act marketplace. (Enrollees can use these to lower their premium costs upfront or claim the credits at tax time.)…

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