Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Such a deal could include agreements on "easy items" such as China buying more U.S. agriculture products, says Blackstone Executive Vice Chairman Tony James.World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
A blockchain start-up dubbed the "world computer" has raised $102 million in funding from Andreessen Horowitz and crypto hedge fund Polychain Capital, among others.
The start-up, Dfinity, will use the money to hire employees and fund other initiatives, founder and chief scientist Dominic Williams told CNBC. Dfinity is trying to build a decentralized cloud computing network that could displace the current giants in cloud services.
While blockchain-related start-ups in Silicon Valley pop up every month, Dfinity is one that the venture capital community has been closely watching. Some experts say Dfinity will one day rival Amazon Web Services.
Competition is already fierce in the cloud computing sector as Amazon dukes it out with Salesforce and Microsoft. Andreessen Horowitz partner Chris Dixon told CNBC that Dfinity, while it has the potential to disrupt the cloud space, is still in its early stages.
Dixon said scalability, or the ability to support a growing network, is the main issue blockchain faces, and he thinks Dfinity can solve this problem.
Other notable Dfinity investors include SV Angel, Village Global and Aspect Ventures.