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Radar, a startup backed by American Eagle CEO Jay Schottenstein that helps retailers manage in-store inventory and cut back on theft and lost merchandise, reached unicorn status with its latest funding round, CNBC has learned.  The company, founded in 2013 by Spencer Hewett, raised $170 million at a valuation of over $1 billion in its series B funding round, which was co-led by Gideon Strategic Partners and Nimble Partners with participation from Align Ventures. The company also counts Schottenstein among its investors. He said American Eagle was the first retailer to implement Radar’s technology across its stores.Through Radar, “American Eagle has unlocked…

Home Depot said Tuesday its core homeowner shopper remains resilient in the face of higher gas prices and plummeting consumer confidence, leading the retailer to reaffirm its full-year guidance after beating fiscal first-quarter expectations. “The homeowner in a relevant sense is perhaps more protected financially than other customer cohorts and so we continue to see engagement,” finance chief Richard McPhail told CNBC in an interview. Still, amid rising geopolitical tensions, plummeting consumer confidence and a broken housing market, those shoppers are engaged “up to a certain point,” said McPhail. “They continue to tell us that they are going to defer their spend on…

This as-told-to essay is based on a conversation with Charles Broomfield, a 25-year-old engineering analyst at Google, based in Washington, D.C. His employment and identity have been confirmed by Business Insider. This story has been edited for length and clarity. Loading audio narration… I graduated from a tiny liberal arts college called Knox College. The downside is to that that there is a much smaller alumni network. The benefit is that I suspect the likelihood of them being willing to help out is much higher.I was a computer science tutor there. That ended up being an advantage because I got…

Nvidia’s Chief Software Architect said job seekers could benefit from using the same AI model that recruiters use. Loading audio narration… Speaking at the Sohn Investment Conference 2026, Jonathan Ross, the AI hardware architect who previously helped invent Google’s TPU chip, said that “AI likes to use AI” and pointed to emerging research that AI hiring systems may favor résumés generated by their own underlying models.”Someone did a study and showed that résumés generated from one LLM are preferred by that same LLM over the résumés from the other,” Ross told John Yetimoglu, the CIO of Infinitum.”The recruiters are now…

From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T’s next wave of growth aren’t fresh-faced college graduates with expensive four-year degrees. They’re skilled, blue-collar workers ready to get their hands dirty — and AT&T can’t find enough of them. “We need people who know how to actually work with electricity. We need people who understand photonics. We need people who can go into folks’ homes and connect this infrastructure to make it work right,” AT&T CEO John Stankey told CNBC during a recent interview from the company’s Dallas headquarters. “We find that we’ve got to go out…

Privacy and civil rights advocates are worried the Trump administration could be persuaded to also lift restrictions placed on NSO Group, an Israeli company that makes the powerful spyware Pegasus that researchers say can turn a phone into a recording device in addition to accessing its contents. Menahem Kahana/AFP via Getty Images hide caption toggle caption Menahem Kahana/AFP via Getty Images Last month, Immigration and Customs Enforcement acknowledged for the first time the agency’s growing arsenal of surveillance technology includes spyware. Such tools can remotely hack into phones and have been abused repeatedly by governments around the world that have…

For nearly half a century, China has been the factory floor of the world, producing everything from iPhones to cheap sweaters. While the stamp “Made in China” has been ubiquitous on consumer products, the companies assembling the goods have been relatively obscure. Now, some of China’s hottest brands want you to know their names. They’re moving from the background of global commerce to the center of it, competing directly for consumers in the US, Europe, and beyond.”They are already a major threat,” says Nirgunan Tiruchelvam, the head of consumer and tech equity at Hong Kong-based investment advisory firm Aletheia Capital.The…

Zerxes Wadia’s Saturday morning started feeling like a side quest gone horribly wrong when he realized he was competing with a horde of relentless people, all angling for a chance to cop a watch. Loading audio narration… The Indian content creator arrived at the Phoenix Palladium mall in Mumbai at 5 a.m. to buy a piece from the viral Audemars Piguet and Swatch “Royal Pop” pocket watch collection.He found himself shoulder-to-shoulder with hundreds of people who had the same idea, all packed into a seemingly endless queue outside the Swatch store.The rush to get one of the eight colorful pocket…

Act fast, or risk being relegated to the “permanent underclass.” That’s the latest worry reverberating around the techosphere. Loading audio narration… It’s no secret that AI is creating massive amounts of wealth for some. The startup space is flush with cash, the AI labs are doling out large salaries to retain top talent, and a series of upcoming IPOs could turn average engineers into millionaires many times over.For those early to the AI gold rush, that’s joyous. For others, it’s a sign of growing class disparity.Menlo Ventures partner Deedy Das described the feeling in his viral X post. Roughly 10,000…

A sign sits outside of the Centers for Disease Control and Prevention (CDC) Roybal campus in Atlanta, Georgia, U.S. March 18, 2026. Megan Varner | ReutersOne American has tested positive for Ebola in the Democratic Republic of Congo in connection to the deadly outbreak in central Africa that global health agencies are racing to contain, the Centers for Disease Control and Prevention said on Monday.The person was exposed as part of their work in Congo, developed symptoms over the weekend and tested positive late Sunday, Dr. Satish Pillai, the CDC’s Ebola response incident manager, told reporters on a call. The…