We talk one of the earliest investors in Blockchain and cryptocurrency startups. Former Obama Administration official and google executive Valeisha Butterfield Jones talk about the string of sexual harassment allegations from Washington to Hollywood. Just in time for the holidays, the CEO of TouchNote the world's most popular postcard-sending app, is on how to explain how you can make custom cards for your friends and family. The Dow and S&P 500 close with record highs. Apple is reportedly buying Shazam. Twitter users seem to like the 280 character tweets more.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
