Author: Daniel snow

U.S. President Donald Trump makes an announcement regarding the Golden Dome missile defense shield next to U.S. Defense Secretary Pete Hegseth in the Oval Office of the White House in Washington, D.C., U.S., May 20, 2025. Kevin Lamarque | ReutersPresident Donald Trump rolled out plans for a multibillion dollar ‘Golden Dome’ missile defense shield system Tuesday, and said that he anticipated it could be operational in roughly three years.”Once fully constructed, the Golden Dome will be capable of intercepting missiles even if they are launched from other sides of the world and even if they are launched from space, and…

Read More

Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesApple approved the Epic Games title Fortnite on Tuesday, returning the first-person shooter game to the App Store in the U.S., five years after its removal.Fortnite was kicked off the App Store in 2020 after Epic updated its game over the web to take payments directly, instead of through Apple’s in-app payment mechanism, which takes fees up to 30%. The move angered Apple and kicked off a years-long legal battle.Last month, Epic scored a victory in court, when a judge ruled that Apple wasn’t allowed to charge a commission when apps…

Read More

In a Tuesday interview with CNBC’s Jim Cramer, Palo Alto Networks CEO Nikesh Arora said cybersecurity is in a pivotal moment as more companies incorporate artificial intelligence into business.”I think this is a perfect time for security companies to be out there working with our customers to make sure, as we say, ‘deploy AI bravely,’ and it’s going to be an inflection point,” he said.According to Arora, even “naysayers” of AI are now trying to move data to the cloud in order to keep up with competitors. New AI models require the cloud, he said, claiming that businesses will be…

Read More

A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025.Bill Clark | CQ-Roll Call, Inc. | Getty ImagesWaymo co-CEO Tekedra Mawakana told CNBC on Tuesday that the Alphabet-owned ride-hailing company has reached 10 million trips, doubling in the past five months.”These are all paid trips, and they represent people who are really integrating Waymo Driver into their everyday lives,” said Mawakana, speaking at the Google I/O developer conference. The 10 million figure includes rides in Austin, Los Angeles, San Francisco and the Phoenix area.Waymo is…

Read More

The outlook on consumer spending continues to get cloudier. Last week, consumer sentiment slid to its second-lowest reading on record while recent credit card data showed that many Americans are starting to cut back.  Walmart, Microsoft and Subaru are just some of the companies that have warned of price increases related to tariffs, which could lead price-sensitive shoppers to pull back even more. However, there are plenty of companies and sectors that still see strong demand, especially in the wake of the broader market rebound following the Trump tariff pause, most recently extended to the steepest China import taxes. “The consumer is coming…

Read More