Comcast is currently pursuing a spin-off of its cable properties, including MSNBC and CNBC.

Large companies that offer digital wallets and payment apps will now be overseen by the Consumer Financial Protection Bureau (CFPB). The CFPB finalized a rule Thursday to bring companies handling more than 50 million transactions a year under its supervision. This will include Apple, Google, Amazon, PayPal, Block, Venmo and Zelle, according to CNBC. "Digital...

Bluesky CEO Jay Graber told CNBC that the social media app's open design could thwart potential acquisition efforts.

U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their "bribery scheme."

Comcast's $7 billion spinoff deal comes with a slew of uncertainties that involve news, sports, entertainment and the cable business writ large.

Comcast’s decision to spin off most of its cable networks has split NBCUniversal’s linear networks into two groups, with NBC and Bravo (as well as Spanish-language broadcaster Telemundo) staying within Comcast alongside streamer Peacock and the TV studios, and the rest, including USA Network, Syfy, E! and Oxygen as well as MSNBC, CNBC and the […]

The U.K. competition regulator will soon announce "behavioral" remedies to address anti-competitive practices in the cloud industry, two sources told CNBC.

The networks bring in roughly $7 billion in revenue

Comcast to spin off USA, CNBC, MSNBC, and others, will keep Peacock streaming.

Comcast to spin off USA, CNBC, MSNBC, and others, will keep Peacock streaming.

WASHINGTON (AP) Comcast will spin off many of NBCUniversals cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.

Late Tuesday, word leaked out from The Wall Street Journal before spreading elsewhere and made official Wednesday morning that Comcast will be spinning off failing, far-left cable network MSNBC, along with CNBC and five other channels to become its own, publicly traded company.That said, its not a full break from television as Comcast will keep NBC, the cable network Bravo, and the Peacock s...

Comcast plans to divest the bulk of its once-coveted NBCUniversal cable TV assets, including MSNBC and CNBC, as the rising dominance of streaming platforms relegates legacy media businesses to the cutting room floor. Shares of the company rose about 2 percent in premarket trading, after Comcast said on Wednesday it would separate its entertainment and […]

Comcast’s announcement that it will spinoff almost all of its cable networks has left a host of questions as to the path forward, particularly given the intertwined nature of NBC News with MSNBC and, to a lesser extent, CNBC. “I could be completely wrong. We could all be fired a year from now. You never […]