Meta Ends Fact-Checking Program as Anthropic Nears $60 Billion Valuation

CNBC Daily Open: Inflation returns to the picture

Meta ends fact-checking program Meta on Tuesday announced it will eliminate its third-party fact-checking program to "restore free expression" and move to a "Community Notes" model, similar to the system on Elon Musk's platform X. Employees took to their internal forum and criticized the company's decision, made two weeks before U.S. President-elect Donald Trump's inauguration. UK's long-term borrowing costs surge Yields on long-dated U.K. government bonds or gilts surged to their highest levels since the late 1990s after a tepid debt auction fueled worries over demand. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said concerns are growing that the U.K. may encounter stagflation -- a scenario where inflation stays high or rises while economic growth slows. Anthropic's potential $60 billion valuation Anthropic, the artificial intelligence startup founded by former OpenAI research executives, is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, CNBC has confirmed. The funding round is being led by Lightspeed Venture Partners, according to a person familiar with the matter. Anthropic, which has been backed heavily by Amazon, is the creator of the AI chatbot Claude. [PRO] Cautionary signs in stock market Howard Marks, the co-founder and co-chairman of Oaktree Capital Management who famously foresaw the dot-com bubble, is seeing five cautionary signs in the stock market. While Marks isn't calling it a bubble, he's concerned over signs of froth in equities. Here's what investors should pay attention to, according to Marks.

CNBC Daily Open: Renewed inflation worries jolt markets

Inflation fears drag down U.S. markets U.S. stocks fell and Treasury yields rose on Tuesday as the ISM services index shows a big jump in prices for December. Asia-Pacific markets traded mixed on Wednesday. South Korea's Kospi rose 1.3%. It was boosted by shares of Samsung Electronics, which climbed around 3.6% even as the company forecast that its fourth-quarter profits would come in lower than LSEG expectations. Meta ends fact-checking program Meta on Tuesday announced it will eliminate its third-party fact-checking program to "restore free expression" and move to a "Community Notes" model, similar to the system on Elon Musk's platform X. Employees took to their internal forum and criticized the company's decision, made two weeks before U.S. President-elect Donald Trump's inauguration. Anthropic's potential $60 billion valuation Anthropic, the artificial intelligence startup founded by former OpenAI research executives, is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, CNBC has confirmed. The funding round is being led by Lightspeed Venture Partners, according to a person familiar with the matter. Anthropic, which has been backed heavily by Amazon, is the creator of the AI chatbot Claude. India might benefit from Trump, portfolio manager says U.S. President-elect's Donald Trump's plans to impose heavy tariffs on China make India's geopolitical positioning "favorable in this Trump 2.0 era," according to GIB Asset Management's portfolio manager Kunal Desai. India is an attractive investment destination because of its monetary sovereignty and improving return on equity, Desai said. [PRO] Cautionary signs in stock market Howard Marks, the co-founder and co-chairman of Oaktree Capital Management who famously foresaw the dot-com bubble, is seeing five cautionary signs in the stock market. While Marks isn't calling it a bubble, he's concerned over signs of froth in equities. Here's what investors should pay attention to, according to Marks.