Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
NBA Finals MVP Andre Iguodala—who helped lead the Golden State Warriors last week to their first championship since 1975—said Thursday he's taking advantage of his proximity to Silicon Valley to capitalize off the court as a tech investor.
"We have some great relationships with VCs [venture capitalists] out there, mainly Andreessen Horowitz. They've kind of taken me under their wing and ... showed me some things in the portfolio and how I can integrate my brand into some of their brands," Iguodala told CNBC's "Squawk Box " in an interview.
Iguodala said he follows Marc Andreessen on Twitter, and that's where he gets most of Andreessen's information. "Ben Horowitz, he's the guy. He's really big into hip-hop, and he's a brainiac. They sit courtside right next to our bench. So I have some conversations with them during the games. [Horowitz] is really the one who helps me out."
Before becoming a free agent and joining the Warriors in 2013, Iguodala said he and his manager got into investing in tech stocks. He started out with names like Facebook, Twitter and Tesla. "Apple was [also] a big one for us. We rode that wave when it was probably around $200, before the split." Apple was trading at $645 a share before last year's 7-for-1 stock split. The stock closed just over $128 on Wednesday—up nearly 40 percent since the split took effect June 6, 2014.
"I'm in as good a situation as any NBA player can be in, being in a championship team and then being in an environment like Silicon Valley, where you can capitalize off the court with business," said Iguodala, whose Warriors play their home games at Oracle Arena, just across the bay from San Francisco.
Off the court, Iguodala is also deeply involved in fashion through his connection with Andreessen Horowitz-backed Twice, an online marketplace for buying and selling secondhand clothing, shoes and handbags. He became the menswear style director for the start-up in March.