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Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s total revenue.  Last month, Reddit launched two new features for advertisers: Reddit Insights, a tool that leverages the billions of posts and comments on the platform to spot trends and offer real-time insights for campaign strategies, and Conversation Summary Add-ons,…

Facebook Tweet Email Link Peter Phillips, the son of Britain’s Princess Anne and eldest grandchild of the late Queen Elizabeth II, announced his engagement to nurse Harriet Sperling on Friday. “Mr Peter Phillips, the son of HRH The Princess Royal and Captain Mark Phillips and Ms Harriet Sperling, daughter of the late Mr Rupert Sanders and Mrs Mary Sanders of Gloucestershire, have today confirmed their official engagement,” the couple’s spokesperson told CNN in a statement. “Both families were informed jointly of the announcement and were delighted with the wonderful news of their engagement. Their Majesties The King and Queen, The…

The best of the internet’s cat videos are coming to the big screen this weekend. Cat Video Fest is a 73-minute, G-rated selection of all things feline —silly, cuddly, sentimental and comedic—that’s playing in more than 500 independent theaters in the U.S. and Canada.A portion of ticket proceeds benefit cat-focused charities, shelters and animal welfare organization. Since 2019, it’s raised over $1 million.The videos are curated by Will Braden, the Seattle-based creator of the comedically existential shorts, Henri, le Chat Noir. His business cards read: “I watch cat videos.” And it’s not a joke or an exaggeration. Braden watches thousands…

Marking a year of measurable progress and strengthened ambition, MSC Group’s Cruise Division published its 2024 Sustainability Report, reaffirming its commitment to achieving net-zero greenhouse gas (GHG) emissions by 2050.The report was accompanied by an independently verified Energy Transition Plan (ETP) to demonstrate how the cruise giant is working to achieve this ambition. MSC Group subsidiaries include MSC Cruises and Explora Journeys. Pierfrancesco Vago, Executive Chairman, MSC Group’s Cruise Division, said in a statement, “As a family business, we do not operate ships just for tomorrow. We sail them for future generations, designed for fuel flexibility, guided by innovation, and powered…

Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company’s earnings call with investors Thursday.  Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple incurred about $800 million of tariff-related costs for the June quarter, less than the $900 million estimate the company shared in May.  Cook said most of the tariffs levied against Apple stem from the International Emergency Economic Powers Act (IEEPA). Earlier this year, and amid…

Megan Miranda treads overly familiar territory in “You Belong Here,” the story of a woman forced to return to the town that once suspected her of involvement in a terrible crime — a plot that echoes too closely the themes of her previous novels.Twenty years ago, Beckett Bowery’s college roommate lit a fire that killed two young men during a hazing ritual, and then seemingly vanished. Adalyn Vale’s whereabouts remain a mystery in Wyatt Valley; a town divided between those connected to the elite college and the locals who know little about life behind its gates. Beckett embodied that divide…

Maskot | Maskot | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Family offices are ramping up the war for talent, creating new incentive plans for top executives that are boosting pay, according to a new report.A majority of family offices are now using long-term incentive compensation plans, which increase total pay based on performance and investment returns, according to a report from Morgan Stanley Private Wealth Management and Botoff Consulting. Nearly two-thirds of investment-focused family…

by Mia Taylor Last updated: 3:05 PM ET, Thu July 31, 2025 Officials on Isla Mujeres are working to keep beaches sargassum-free and have already collected more than 2,000 tons of the brown seaweed from the shores of the Mexican island.The Director of Zofemat Isla Mujeres, Dayana Pérez Medina, the Director of Zofemat Isla Mujeres, says 2,140 tons has been lifted from the beaches so far this year, according to Riviera Maya News.Both Pérez Medina and Mayor Atenea Gómez Ricalde have said they’re committed to keeping the beaches of the popular island clean and to help achieve that goal have…

Amazon CEO Andy Jassy sees an opportunity to deliver ads to users during their conversations with the company’s AI-powered digital assistant, Alexa+, he said during Amazon’s second-quarter earnings call Thursday. “People are excited about the devices that they can buy from us that has Alexa+ enabled in it. People do a lot of shopping [with Alexa+]; it’s a delightful shopping experience that will keep getting better,” said Jassy on the call with investors and Wall Street analysts. “I think over time, there will be opportunities, as people are engaging in more multi-turn conversations, to have advertising play a role to…

Facebook Tweet Email Link Kyiv, Ukraine  —  The death toll from Russia’s heavy bombardment of Ukraine’s capital this week has risen to 31 people, marking the deadliest single attack on Kyiv in a year, Ukrainian officials said on Friday. The vast majority were killed in a single strike on an apartment block. Rescue workers have now recovered the bodies of at least 28 people from the destroyed apartment block, including five children, the State Emergency Service (SES) told CNN. At least 159 people were also wounded in the blast. “This is the highest number of injured children in one night…