Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
Stocks in Asia mostly recovered in Tuesday afternoon trade as investors cheered a reprieve in U.S.-China trade tensions surrounding Chinese telecommunications giant Huawei.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to retail giant Walmart.Entrepreneursread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
While other kids were at home watching television, a 13-year-old named Iddris Sandu spent most of his childhood in the library, reading texts about the theory of relativity and studying the German industrial designer Dieter Rams.
Now 21, the self-made entrepreneur and California native has made quite a name for himself in the worlds of technology and entertainment.
With a passion for tech and culture, Sandu has written algorithms and code for tech giants like Uber, Twitter, Instagram and Snapchat, received the Presidental Scholar Award from President Barack Obama.
His "wunderkind" reputation has allowed him to have boldface names like NBA star Steph Curry and Tesla CEO Elon Musk on speed dial.
Private consultant, software engineer, and technologist are just a few hats Sandu wears - though, he prefers the title architect. According to Sandu, he was offered admissions to the Massachusetts Institute of Technology twice, but he declined in order to be a change agent for African-American culture.
"Most people can see, but not everyone has vision," Sandu told CNBC in a recent interview, summarizing his life's philosophy and entrepreneurial drive.
Back in 2009, a Steve Jobs podcast served as the spark for Sandu's desire to learn more about the technology world. As a teenager, the child of Ghanaian parents had a a fateful encounter in a library with a designer from Google. Shortly thereafter, he landed his first internship with the tech behemoth.
Since then, the young entrepreneur has been broadening his horizons by partnering with some very prominent entertainers. Sandu recently partnered with Kanye West and Jaden Smith on a few future businesses, clothing lines and disaster relief projects that are set to launch in 2019.
Just last year, Sandu helped rapper Nipsey Hussle create The Marathon Clothing, a smart store in Los Angeles that gives customers exclusive access to the rappers content. This is where he began bridging the gap between culture and technology, something he encourages the current generation to do.
"We are living in the digital revolution," he said. Although "we are all constantly exposing ourselves to content in real-time," he dismissed the idea that the world needs more social media platforms, even though he's worked for some of the biggest names in the business.
"We need to address the largest issues affecting communities and build infrastructure on that," Sandu told CNBC.
That foundation should be "inclusive, diverse, and authentic as its core. One that will give youth an opportunity to amplify their voice and affect change."
Sandu said he felt a strong obligation to use his platform to share information with the youth of today's society and "level the playing field" for minorities looking for opportunities in technology.
"There is a division in the tech world, and to be a person of color in a dominant field that doesn't look like you is tough, but definitely needed to directly affect and empower the culture," said Sandu.
For anyone aspiring to build a business, Sandu said that they should ask themselves: "How does my product or service help humanity, how does it advance the life of those in my community or society?"
As the boom in technology exposes a host of negative side effects, Sandu said that society needs "more solution-based thinking over problem based thinking. Everyone is capable of identifying problems, but in the real-time...world we live in, it's the addressing of these ideas..... that's really going to make the difference."