The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
When Twitter turns on video for all verified users, it will be a "powder keg that will explode," angel investor Jason Calacanis told CNBC Thursday.
"When they post a video on Twitter, where their active fan base is, it is going to go supernova," Calacanis, an early investor in Uber, said in an interview with "Squawk Alley. "
He thinks the videos could command $30-$50 cost-per-impressions (CPM). Facebook, on the other hand, has a lot of video views but at a lower CPM.
"If Twitter does the right thing, which I would say is a 70/30 split in favor of the content providers, it will print money for those people."
In fact, he predicted it would make them tens to hundreds of thousands of dollars per day, and possibly millions of dollars per month.
Read MoreVideo, group messaging forTwitter
"It's possible that many artists would make more money on Twitter than what they do on their day jobs."
Calacanis also defended CEO Dick Costolo, who has faced calls to exit the company.
On top of the fact that the most important people in the world use Twitter, the company has solid growth and people love to work there, he said.
"It's very easy to screw up these complicated social networks, and it's very hard to grow them and to grow revenue in them. He's got those two things dialed in," Calacanis added.
While Calacanis has defended Yahoo CEO Marissa Meyer in the past, he told CNBC Thursday "Yahoo is done."
"Yahoo is not going to make any major acquisitions, and Marissa will probably be out of that company in 18-24 months and it will be sold for parts," he said.
When it sold off Alibaba, it broke the No. 1 rule in the technology business: If there is an opportunity to grow your business, you invest, he said.
"Nobody in their right mind is going to give back that war chest, 100 percent of it, unless they're done."
The only wild card would be a "secret plan" to purchase assets, he said.
He believes Yahoo will ultimately get bought by some combination of Microsoft or Facebook, who would use it to have some content or additional unique users.