The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
The U.S. artist ripped into the tech giants at a gig on Saturday called "B Sides," a performance of his rarest tracks that was supposed to be exclusively streamed on Tidal.
Tidal has come under criticism for its $20-a-month price tag – double the $9.99 its rivals charge - with many seeing the platform as just a way for wealthy musicians to get richer.
In answer to his critics, the rapper highlighted that people bought sneakers and iPhones which made both Nike Chairman, Phil Knight, and the late Apple CEO, Steve Jobs, rich. He also highlighted Spotify's near $9 billion valuation:
"You bought nine iPhones and Steve Jobs is rich
Phil Knight is worth millions, you still bought them kicks
Spotify is nine million, they ain't say s**t. "
The rapper also took on Jimmy Iovine, the head of the Apple-owned Beats Music, and hit out at YouTube for paying artists "a tenth of what you supposed to get":
"Jimmy Iovine offered a safety net
Google dangle 'round a crazy cheque
I feel like YouTube is the biggest culprit. "
However, in an ironic twist, a video of the performance was pirated and ended up on Google's YouTube, underlining one of the challenges Tidal could face in its efforts to offer exclusive content.
When Tidal launched in March, global superstars such as Beyoncé and Madonna backed the platform, leading to claims that it was just a club for already-rich artists.
Jay-Z said he started Tidal so artists would be better paid - something Spotify and YouTube have been criticized for not doing.
Tidal faces a number of challenges, however, including trying to capture users quickly, compete on price, and prevent content being pirated.
But Jay-Z – or Hov as he is also referred to – ended this weekend's freestyle with a defiant tone against his detractors:
"I know they tryin' to bamboozle you
Spending millions on media tryin' to confuse you
I had to talk to myself 'Hov, you used to it'
It's politics as usual. "