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Twitter CEO Jack Dorsey steps down; social media company names CTO Parag Agrawal as replacement
Dorsey is also the top executive at Square, a financial payments company that he founded, and some big investors have openly questioned whether he can be effective leading both

Elon Musk bought 72,500 shares of Tesla's common stock stock worth over $25 mn
Elon Musk is already the electric car maker’s largest shareholder and now owns 33.74 million shares worth about $11.6 billion.

CNBC-TV18 hosts 13th edition of India Business Leader Awards; Kumar Mangalam Birla named Outstanding Businessman of the Year
CNBC-TV18 felicitated personalities who have contributed their expertise to bring about an equitable economic growth and have excelled in building profitable, sustainable and socially conscious businesses.

John Bolton named NSA: Donald Trump increasingly looking at Fox News as recruiting ground for the White House
Donald Trump's favourite TV network is increasingly serving as a West Wing casting call, as the president reshapes his administration with camera-ready personalities.

Trump taps TV pundit Larry Kudlow for top economic post
Kudlow is known as a supporter of free markets and has criticized Trump's decision to impose tariffs on imported steel and aluminum.

Disney reportedly 'interested' in acquiring rival entertainment giant 21st Century Fox
21st Century Fox is holding talks to sell most of the media-entertainment giant to Disney. Shares of the Rupert Murdoch owned firm soared after the reports.

Raghuram Rajan warns of 'policy uncertainty' for world economy
In an interview to CNBC, Rajan said the "good news is some of the fears about the (Trump) administration that it would move immediately to a more protectionist stance haven't played out".

NBCUniversal has invested $500 million in Snap Inc's IPO to drive digital growth
Comcast Corp's NBCUniversal has invested $500 million in Snapchat owner Snap Inc, according to a memo on Friday, its latest move aimed at driving digital growth as more viewers go online for their favorite content.

Sources point that Snap Inc has selected New York Stock Exchange for its IPO
Snap Inc, the owner of the popular messaging service Snapchat, has chosen Intercontinental Exchange Inc's New York Stock Exchange (NYSE) for its initial public offering (IPO), a person familiar with the matter said on Monday.

Social media unimpressed by Air China's racist 'guide' to Indians, Pakistanis, Blacks
Social media erupted as Air China's in-flight magazine asked travelers to take precautions entering areas inhabited by Indians, Pakistanis and black people

PayPal will soon shift its business to Google cloud services
Alphabet Inc's Google is close to winning PayPal Holdings Inc as a client for its cloud business, potentially beating out Amazon.com Inc and Microsoft Corp, CNBC reported on Tuesday.

AT&T looking to better Verizon's bid as Yahoo reviews new bids
Yahoo Inc is set to put together a new shortlist of bidders for its core internet assets after several parties, including Verizon Communications Inc and AT&T Inc , made second-round offers, people familiar with the matter said.

RBI's Rajan says taking steps to 'firewall' economy
Reserve Bank of India Governor Raghuram Rajan said extending the country's external debt maturities, implementing sound policies, and building up foreign exchange reserves were the best "firewall" to defend the country's economy.

Hispanics lash out, Trump's numbers go down, Republicans begin Debate # 3
The Republican candidates for president will gather Wednesday for their third debate amid fresh volatility in an already chaotic race, with Ben Carson surging past Donald Trump in Iowa and one-time front-runner Jeb Bush under pressure to prove he's still a viable candidate for the party's nomination.

Republican Debate #3: Will Rubio make his Marco on The Donald karaoke show?
The third Republican debate airs from Colorado on CNBC at 8 pm Eastern Time on 28 October, so that’s 5.30 am IST 29 October.

Donald Trump threatens CNBC over Republican debate format, then cools off
CNBC and the Republican presidential candidates agreed Friday on the format for the third debate, a day after Donald Trump and Ben Carson threatened to boycott unless they got their way, the network said.

Uber-like services have huge potential in India: Infosys CEO Vishal Sikka
Uber may be in the midst of a major controversy over a rape incident in India, but Infosys' CEO Vishal Sikka feels that digital services like this app-based taxi provider have huge potential in the country.

Twitter may buy Justin Bieber's selfie app, 'Shots': Report
Twitter is in talks to buy Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company.

Buffett calls threat to not raise US debt limit a 'political weapon': CNBC
The idea that Congress could fail to raise the $16.7 trillion US borrowing limit is a "political weapon of mass destruction," Buffett told cable television network CNBC.