Republican businesswoman Meg Whitman told CNBC that she’s “very concerned” about a proposed border adjustment tax being discussed in Congress. “My view is that this does not create jobs,” Hewlett Packard Enterprise CEO Whitman told “Squawk on the Street” on Friday. Trump has said he thinks a form of the tax could create jobs. “I certainly support a form of tax on the border,” Trump told Reuters on Thursday. “What is going to happen is companies are going to come back here, they’re going to build

Secretive security start-up Palantir expects to be profitable this year ahead of a potential public offering or sale, according to a report published by Bloomberg on Friday. In October, Palantir CEO Alex Karp told the Wall Street Journal the company was “positioned so [it] could go public,” as the “aggregate business will be profitable next year.” Now, Bloomberg reports, Palantir has roughly tripled annual revenue from Europe over the past three years, and the UK operation is profitable. An init

Twitter had detected “potentially abusive activity” on her account, and put her in temporary timeout as a result. Twitter says the account throttling is tied to changes that began rolling out last week designed to diminish the reach of abusive accounts. When Twitter determines that an account is being abusive — using criteria that the company has declined to describe in any detail — it hides the account’s tweets from anyone who isn’t following it. All the high-profile incidents have involved ver

Shares of Hewlett Packard Enterprise tanked about 6 percent after hours on Thursday after the company reported lower-than-expected quarterly revenue and slashed its outlook for the year. The company reported mixed fiscal first quarter results after the bell, with earnings of 45 cents per share, adjusted, on revenues of $11.41 billion. Revenue was down 10 percent from the year-ago period, amid downticks in the company’s software and enterprise services. Enterprise networking was a particularly so

Soon your Facebook Live experience can come with a brief message from a sponsor. The tech company said Thursday on its blog that its live-streamers can opt to include ads into their broadcasts. The video ad plan is another move toward taking on online video giant YouTube, and allows creators a way to monetize their videos. Facebook CEO Mark Zuckerberg said during the company’s latest quarterly call that he sees video as a “mega trend,” with consumer video offering a wealth of ad opportunities. P

Snap’s co-founder and CEO Evan Spiegel blamed the poor performance of its app on low end Android phones as the reason why the company’s user growth slowed in recent quarters at its IPO roadshow luncheon Tuesday. The best way to get an actual feel for that is to buy a $100 Android on Amazon and play with the app. That will give you a more qualitative understanding of the issues we face on lower end devices. It’s an image driven app that can overwhelm lower end devices. the photo and video-centric

“I detected strong jealousy, however, about Facebook’s ability to hire the best people in the valley,” Cramer said. Better yet, Alphabet’s autonomous driving business, called Waymo, could dominate the business in the same way that Microsoft used to dominate software. Yet, it seemed to Cramer that Waymo isn’t even factored into the estimates for Alphabet. “Amazon, oddly, is the most worshipped of of the entire flock, incredibly ironic given it isn’t even located there ,” Cramer said. Mad Money Tw

Blizzard, the maker of popular games like “World of Warcraft” and “Diablo,” will no longer support older versions of Microsoft Windows, the company said in a forum. Once support for Windows XP and Vista sunsets later this year, the games will no longer run on those operating systems, though “the vast majority” of players are already on newer systems, Blizzard said. Microsoft routinely stops releasing automatic updates to older platforms, encouraging users to upgrade to versions that are less sus

Macy’s Chairman and CEO Terry Lundgren sat down with CNBC to lay out his vision for the company as rumors surface of a potential acquisition by Canada’s Hudson’s Bay and vice versa. “We are going to do the right thing for our shareholders, and we are not going to be a highly leveraged retailer because those movies never turn out well,” Lundgren said. The executive emphasized that as of today, he sees Macy’s as a stand-alone company that remains focused on leveraging its online business and real

Vanguard founder and former CEO Jack Bogle advised investors to temper their enthusiasm as U.S. stocks reached another record on Tuesday. “I don’t think there’s any point in getting carried away,” Bogle said in response to the market hitting an all-time high. “This is a big rally in the market — clearly a bull market or a mini bull market — but when we look out in time, and I don’t pay a lot of attention to the daily things that happen along the way, I look more in 10 years intervals, and in 10

Groupon CEO: We had to make tough choices Friday, 17 Feb 2017 | 10:19 AM ET | 05:54Groupon CEO Rich Williams is warning other young companies to “beware of the limelight.” “It can be a real distraction, especially when hype is built up around a company,” Williams told CNBC in an interview on ‘Squawk on The Street’ on Friday. It can take those companies’ focus away from long-term goals and what they need to do, he said. Williams used Facebook as an example of a company that has been a “success st

Snap co-founders say they realized the power of Snapchat’s Live Stories feature while at EDC Las Vegas, one of the largest rave festivals. Snap released its roadshow presentation on Friday, ahead of its IPO. The company is valued at $19.5 billion to $22.2 billion, based on its projected $14 to $16 per share price. Snapchat launched Live Stories at the electronic dance music festival in 2014. “It was just utterly unbelievable how much really cool and creative and fresh content was being submitted

Technical analyst Chris Verrone joined CNBC’s Mike Santoli for an educational strategy session on how he spots winning investment opportunities using charts. As an example, Verrone points to the divergence that occurred last year between interest rates and financials stocks. Banks should’ve gone lower with lower yields,” Verrone said. Verrone is head of technical analysis at Strategas Research Partners, an independent institutional brokerage firm. He’s been ranked among the top technical analyst

Twitter Chief Operating Officer Anthony Noto shared his views on the social media company and President Donald Trump in an interview Thursday on CNBC’s “Squawk Alley.” He’s built greater awareness to the platform and the power of the platform,” Noto said. Before Twitter, Noto was a partner and the head of the technology, media and telecom investment banking at Goldman Sachs from 2010 to 2014. He also was chief financial officer of the National Football League from 2008 to 2010. He also discusses

For the fiscal third quarter, Cisco said its revenue could decline as much as 2 percent year over year. The company reported revenue of $12 billion in the comparable year-ago period. Cisco said it expects third-quarter earnings per share between 57 cents and 59 cents. The company reported second-quarter earnings of 57 cents per share on $11.58 billion in revenue. CFO Kelly Kramer said the company expects to “continue to execute well and return value to our shareholders.”

While many seniors go this route, a growing number are choosing Medicare Advantage plans, with over 17 million enrolling in them last year. With original Medicare, enrollees generally can see any doctor and use any hospital they want. The federal government estimated that the average Medicare Advantage monthly premium was about $32.60 in 2016. Assuming you stay within the network, Medicare Advantage plans are required to limit out-of-pocket expenses to no more than $6,700 — after that you should

Billionaire investor Ron Baron, founder and CEO of Baron Capital, spoke with CNBC at length about his investment approach and favorite holdings. On the best way to generate returns, Baron says market participants need to stop trying to predict short-term moves and focus on the “big picture.” “The big picture is that the economy basically doubles every 11 or 12 years and the stock market doubles every 11 or 12 years with the economy,” he said. Baron also shares his views on electric carmaker Tesl

Billionaire Charlie Munger, one of the most celebrated investors in the world and essential partner in Warren Buffett’s success, shared his wit, wisdom and investment philosophy at the annual meeting of Daily Journal, a publishing company where he is chairman. Munger’s annual comments from the meeting, where he takes questions from shareholders, have been shared on Wall Street among his many followers for years and revered for their rational analysis and nuggets of wisdom. Here are the key highl

Pokémon Go is getting a whole lot bigger very soon. Today developer Niantic announced that 80 new pocket monsters are coming to the mobile game later this week. The new recruits will be culled from the Johto region from Pokémon Gold and Silver, and will include the likes of Chikorita, Cyndaquil, and Totodile. Unlike previous additions like Pichu and Togepi, players will be able to encounter the new pokémon in the wild, instead of just hatching them from eggs. Over the last few months the game ha

Juniper’s research says that more and more PC games are adopting the F2P model in order to boost revenue. PC and console-based digital sales have made much smaller contributions to the growth of the market compared to the mobile games app sector, according to Piers Harding-Rolls, director and head of games research at IHS Technology. “Mobile gaming through app stores has completely transformed the scale and growth rate of the digital games market and is now the biggest platform category within t