CNBC News

Facebook CEO Mark Zuckerberg has explicitly apologized forthe Cambridge Analytica data scandal that’s been making headlines over the last several days. “This was a major breach of trust, and I’m really sorry that this happened,” Zuckerberg said on CNN Wednesday evening, elaborating on the statement he posted to his Facebook […]

While not definitively saying yes, Mark Zuckerberg says he’s “open” to testifying before members of Congress regarding Facebook’s recent privacy scandal involving Cambridge Analytica. The data firm, which worked for President Donald J. Trump’s presidential campaign before the 2016 election, is now embroiled in an ongoing controversy about how it […]

Britain has unveiled a task force that will examine both the risks and benefits of cryptocurrencies. The U.K.’s finance department, the Treasury, announced Thursday that the task force includes Britain’s central bank, the Bank of England, and the Financial Conduct Authority watchdog. The task force is part of a wider […]

Democrat Conor Lamb said on Wednesday his Republican opponent in a U.S. House of Representatives special election on March 13 in Pennsylvania had conceded the race. Lamb made the statement on Twitter about Rick Saccone, cementing a stunning Democratic upset in a long-time Republican area that President Donald Trump won […]

China said that a ruling by the World Trade Organization on Obama-era U.S. tariffs showed that the United States was a “repeat abuser” of trade remedy measures, and urged it to take immediate action to correct faulty practices. China’s Ministry Of Commerce also asked the United States to provide Chinese […]

When CNBC’s Jim Cramer saw that the stock of McDonald’s was down nearly 11 percent from its January highs, he wondered if he had to reevaluate his bullish stance on the fast food chain. “While the stock has been bouncing in recent weeks, the pullback was severe enough that I […]

Facebook CEO Mark Zuckerberg spoke out on Wednesday days of silence amid a firestorm of privacy concerns and government probes following reports of massive data mishandling. Research firm Cambridge Analytica is accused of improperly gaining access to the personal data of 50 million Facebook users, and the social media network […]

Special counsel Robert Mueller is not investigating Attorney General Jeff Sessions for perjury or for making false statements to Congress about his contacts with Russians, a lawyer for Sessions said Wednesday. That extraordinary statement by Sessions’ attorney came as a news report said that Sessions had been the subject of […]

Alphabet subsidiary Google is getting into the blockchain space to compete with start-ups in the emerging industry, Bloomberg reported Wednesday, citing sources familiar with the matter. The Silicon Valley giant is creating its own distributed digital ledger for its cloud business that other groups can use for posting and verifying […]

The Republican National Committee spent more than $424,000 at properties owned by President Donald Trump and his family during the first two months of 2018, according to new campaign finance data released Tuesday evening. The amount is more than 100 times what the RNC spent at Trump’s properties during the […]