<p>CNBC&#8217;s Tom Chitty takes a tour inside Gulfstream’s G650ER. The largest private jet in the fleet.</p>
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All access: Take a tour inside Gulfstream’s largest private jet | CNBC International

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<div class="headline">US Supreme Court to hear Trump&#8217;s travel ban appeals  <time>37 Mins Ago | 04:19</time></div>
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<p>The Supreme Court agreed Monday to hear the Trump administration&#8217;s challenge of rulings blocking his executive order restricting travel from six Muslim-majority countries.</p>
<p>The top U.S. court will allow enforcement of parts of the &#8220;travel ban&#8221; while the case moves forward. Justices will hear arguments on the case in the fall.</p>
<p>Trump has argued that the measure, a key campaign plank and one of the most divisive moves of his young presidency, is necessary to prevent terrorist attacks in the U.S. Critics and some federal court rulings have argued that it targets immigrants based on religion, after Trump called for a &#8220;total and complete shutdown&#8221; of Muslims entering the U.S. as a candidate.</p>
<div id="inline_movable_ad">Two federal appeals courts previously upheld rulings that largely blocked enforcement of the executive order. The Trump administration made an emergency request to put the measure into effect.</div>
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<div class="caption">Chief Justice John Roberts (seated C) leads Justice Ruth Bader Ginsburg (front row, L-R), Justice Anthony Kennedy, Justice Clarence Thomas, Justice Stephen Breyer, Justice Elena Kagan (back row, L-R), Justice Samuel Alito, Justice Sonia Sotomayor, and Associate Justice Neil Gorsuch in taking a new family photo including Gorsuch, their most recent addition, at the Supreme Court building in Washington.</div>
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<p>The March 6 executive order, revised from an earlier version that was blocked by courts, called for a 90-day ban on travelers from six countries — Libya, Iran, Somalia, Sudan, Syria and Yemen. It also pushed for a 120-day ban on all refugees entering the United States.</p>
<p>The court ruled Monday that the order can take effect except for people who &#8220;lack any bona fide relationship with a person or entity in the United States.&#8221; It said the same for the refugee provision.</p>
<p>Three justices — including Trump appointee Neil Gorsuch — said they would have let the executive order go into effect in full.</p>
<p>Trump has publicly argued for his executive order and against prior court rulings, sometimes to his own detriment. A 9th Circuit Court of Appeals opinion this month upholding a ruling blocking the order cited one of Trump&#8217;s tweets in which he said that we &#8220;need a TRAVEL BAN for certain DANGEROUS countries.&#8221;</p>
<p>Earlier this month, Trump argued that &#8220;we need the Travel Ban as an extra level of safety!&#8221;</p>
<p>He later contended that the Justice Department &#8220;should have stayed with the original Travel Ban, not the watered down, politically correct&#8221; version that the Supreme Court will hear.</p>
<p><em>— Reuters contributed to this report</em></p>
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<div class="reporter"><a href="http://www.cnbc.com/jacob-pramuk/"><img loading="lazy" decoding="async" title="Jacob Pramuck" src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/05/19/104481438-20170519-9932-2379.60x60.jpg?v=1495214907" alt="Jacob Pramuck" width="60" height="60" /></a></p>
<div class="reporter-info"><span class="name"><a href="http://www.cnbc.com/jacob-pramuk/">Jacob Pramuk</a>, </span><span class="title">Staff Reporter</span></div>
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Top U.S court to allow enforcement of parts of “travel ban”

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<div class="headline">A lot of work going on in blockchain: Barclays UK CEO  <time>8 Hours Ago | 01:03</time></div>
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<p><a class="inline_quotes" href="http://cnbc.com/quotes?symbol=BARC-GB" data-gdsid="10720" data-inline-quote-symbol="BARC-GB">Barclays</a> has been in discussions with regulators and financial technology – or fintech – firms about bringing cryptocurrencies like bitcoin &#8220;into play&#8221;, the bank&#8217;s U.K. chief executive told CNBC on Monday.</p>
<p>Ashok Vaswani revealed that the banking giant has met with Britain&#8217;s Financial Conduct Authority (FCA) watchdog to talk about how to make bitcoin safe in response to a question about whether Barclays could support bitcoin.</p>
<p>&#8220;We have been talking to a couple of fintechs and have actually gone with the fintechs to the FCA to talk about how we could bring, the equivalent of bitcoin, not necessarily bitcoin, but cryptocurrencies into play,&#8221; Vaswani told CNBC at the Money 20/20 fintech conference in Copenhagen, Denmark.</p>
<div id="inline_movable_ad"> &#8220;Obviously (it&#8217;s) a new area, obviously an area we&#8217;ve got to be careful with. We are working our way through it.&#8221;</div>
<p>Vaswani did not expand on to what extent Barclays could be involved with bitcoin. Barclays has recently been involved in the digital currency space. Last year the bank partnered with social payments app Circle. The start-up, which received a license from the FCA last year, allows users to send money to each other in messages, and supports bitcoin. Barclays provided Circle with an account to store sterling, as well as the payments network to transfer money.</p>
<p>Banks have typically been very cautious of being associated with any companies involved with bitcoin due to the cryptocurrencies bad reputation as being used to buy illegal items on the so-called &#8220;dark web&#8221;.</p>
<p>But the world&#8217;s largest cryptocurrency by market cap has seen rising retail investor interest, as well as a major rally since the start of the year that has seen its price hit record highs. Even though the price has pulled back in recent days and there is still volatility, regulators are becoming interested in bitcoin, which is lending legitimacy to the digital currency.</p>
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<div class="headline">Barclays UK CEO: Branches will remain key to banking  <time>8 Hours Ago | 01:38</time></div>
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<p>For example, Japan made it legal for merchants to begin accepting bitcoin as payments and Russia is also looking at ways to regulate it. The FCA in the U.K. has been cautious on bitcoin, however.</p>
<p>Chris Woolard, the FCA&#8217;s executive director of strategy, said that there needs to caution from institutions dealing with bitcoin.</p>
<p>&#8220;We don&#8217;t prohibit regulated firms from engaging in digital currency trading, nor do we prohibit banks from offering banking services to deal with currency firms that use [blockchain]. I am not saying that we view digital currencies as an inherently bad thing… but we do have to exercise a degree of caution,&#8221; Woolard said at a recent event, according to website Financial News.</p>
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<p><span class="video-icon"><a class="" href="http://video.cnbc.com/gallery/?video=3000606086" data-videoid="3000606086" data-videotype=""><img loading="lazy" decoding="async" title="What is Blockchain?" src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/03/01/104314361-GettyImages-641932726.600x400.jpg?v=1488420707" alt="" width="600" height="400" /></a></span></p>
<div class="headline">What is Blockchain?  <time>Thursday, 30 Mar 2017 | 2:13 PM ET | 04:44</time></div>
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<p>While bitcoin has garnered plenty of interest recently, the banking industry is focused on using the technology that underpins it called blockchain. This is a distributed public ledger of activity on the bitcoin network. Banks see blockchain-like technology being applied to areas of their businesses from trading to money transfers. The promise is cost savings and faster processes.</p>
<p>Barclays and a number of other banks have been trialing different use cases for blockchain technology. Last year, the U.K. bank <a href="http://www.cnbc.com/2016/04/19/barclays-used-blockchain-tech-to-trade-derivatives.html">tested derivative trading</a> using blockchain technology. Still, the industry admits it is early days and more work needs to be done to integrate this into everyday processes in banks.</p>
<p>&#8220;(We&#8217;re) working on it, (it&#8217;s) not ready for prime time, we&#8217;ll get there soon,&#8221; Vaswani told CNBC.</p>
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<div class="reporter-info"><span class="name"><a href="http://www.cnbc.com/arjun-kharpal/">Arjun Kharpal</a>, </span><span class="title">Technology Correspondent</span></div>
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Barclays wants to bring bitcoin ‘into play’

<p>Lockheed Martin’s F-35 and Dassault Aviation’s Rafale battled it out for orders at the Paris Air Show.<br />
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F-35 vs Rafale: The battle for fighter jet supremacy | CNBC International

<p>Zhang Xin is a self-made property magnate. Born during China&#8217;s repressive Cultural Revolution, Xin has become China&#8217;s architect of change by reinventing the skylines of Beijing and Shanghai, building by building. Now she wants to inspire others to think big and get creative.</p>
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<p>The Surefly is your personal octocopter that flies like a drone and can even be parked in your garage.</p>
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Skip the traffic with your personal flying drone | CNBC International

<p>3D printing is making more parts for new commercial airplanes than ever before.</p>


Plane makers turn focus to 3D printing | CNBC International

<ul>
<li class="">Uber CEO Travis Kalanick has resigned</li>
<li>The ride-hailing service was under pressure from investors</li>
</ul>
<p><a href="http://www.cnbc.com/travis-kalanick/">Travis Kalanick</a> stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.</p>
<p>Mr. Kalanick&#8217;s exit came under pressure after hours of drama involving Uber&#8217;s investors, according to two people with knowledge of the situation, who asked to remain anonymous because the details are confidential.</p>
<p>Earlier on Tuesday, five of Uber&#8217;s major investors demanded that the chief executive resign immediately. The investors included one of Uber&#8217;s biggest shareholders, the venture capital firm Benchmark, which has one of its partners, Bill Gurley, on Uber&#8217;s board. The investors made their demand for Mr. Kalanick to resign in a letter delivered to the chief executive while he was in Chicago, said the people with knowledge of the situation.</p>
<p>In the letter, titled &#8220;Moving Uber Forward&#8221; and obtained by The New York Times, the investors wrote to Mr. Kalanick that he must immediately leave and that the company needed a change in leadership. Mr. Kalanick, 40, consulted with at least one Uber board member and after hours of discussions with some of the investors, he agreed to step down. He will remain on Uber&#8217;s board of directors.</p>
<p>&#8220;I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,&#8221; Mr. Kalanick said in a statement.</p>
<p>The move caps months of questions over the leadership of Uber, which has become a prime example of Silicon Valley start-up culture gone awry. The company has been exposed this year as having a workplace culture that is rife with sexual harassment and discrimination, and has pushed the envelope in dealing with law enforcement and even partners. That tone was set by Mr. Kalanick, who has aggressively turned the company into the world&#8217;s dominant ride-hailing service and upended the transportation industry around the globe.</p>
<p>Mr. Kalanick&#8217;s troubles began earlier this year after a former Uber engineer detailed what she said was sexual harassment at the company, opening the floodgates for more complaints and spurring internal investigations. In addition, Uber has been dealing with an intellectual property lawsuit from Waymo, the self-driving car business that operates under Google&#8217;s parent company, and a federal inquiry into a software tool that Uber used to sidestep some law enforcement.</p>
<p>Uber has been trying to move past its difficult history, which has grown inextricably tied to Mr. Kalanick. In recent months, Uber has fired more than 20 employees after an investigation into the company&#8217;s culture, embarked on major changes to professionalize its workplace, and is searching for new executives including a chief operating officer.</p>
<p>Mr. Kalanick last week said he would take an indefinite leave of absence from Uber, partly to work on himself and to grieve for his mother, who died last month in a boating accident. He said Uber&#8217;s day-to-day management would fall to a committee of more than 10 executives.</p>
<p>But the shareholder letter indicates that his taking time off was not enough for some investors who have pumped millions of dollars into the ride-hailing company, which has seen its valuation swell to nearly $70 billion. For them, Mr. Kalanick had to go.</p>
<p>The five shareholders who demanded Mr. Kalanick&#8217;s resignation include some of the technology industry&#8217;s most prestigious venture capital firms, which invested in Uber at an early stage of the company&#8217;s life, as well as a mutual fund firm. Apart from Benchmark, they are First Round Capital, Lowercase Capital, Menlo Ventures and Fidelity Investments, which together own more than a quarter of Uber&#8217;s stock. Because some of the investors hold a type of stock that endows them with an outsize number of votes, they have about 40 percent of Uber&#8217;s voting power.</p>
<p>Mr. Kalanick&#8217;s resignation opens questions of who may take over Uber, especially since the company has been so molded in his image. And Mr. Kalanick will probably remain a presence there since he still retains control of a majority of Uber&#8217;s voting shares.</p>
<p>Taking a start-up chief executive to task so publicly is relatively unusual in Silicon Valley, where investors often praise entrepreneurs and their aggressiveness, especially if their companies are growing fast. It is only when those start-ups are in a precarious position or are declining that shareholders move to protect their investment.</p>
<p>In the case of Uber — one of the most highly valued private companies in the world — investors could lose billions of dollars if the company were to be marked down in valuation.</p>
<p>Uber, which has raised more than $11 billion from investors since its founding in 2009, has a wide base of shareholders apart from the ones who signed the letter. Uber&#8217;s investors also include TPG Capital, the Public Investment Fund of Saudi Arabia, mutual fund giants like BlackRock and wealthy clients of firms like Morgan Stanley and Goldman Sachs.</p>
<p>In the letter, in addition to Mr. Kalanick&#8217;s immediate resignation, the five shareholders asked for improved oversight of the company&#8217;s board by filling two of three empty board seats with &#8220;truly independent directors.&#8221; They also demanded that Mr. Kalanick support a board-led search committee for a new chief executive, and that Uber immediately hire an experienced chief financial officer.</p>


Uber founder Travis Kalanick resigns as CEO

<p>The KC-390 is the new military transport aircraft from Brazilian company, Embraer</p>


Take a look inside the KC-390, the latest multimission aircraft

<p><a href="http://www.cnbc.com/mike-juang/" rel="author">Mike Juang</a> | <span class="twitter-url"><a href="http://twitter.com/mikejuangnews">@mikejuangnews</a></span></p>
<p>There&#8217;s never been a better time to go droning.</p>
<p>Rising varieties, advancing technology and falling costs are making drones flexible, specialized and ubiquitous. New drones, like <a class="inline_asset" title="http://www.cnbc.com/2017/05/25/dji-spark-drone-unveiled.html" href="http://www.cnbc.com/2017/05/25/dji-spark-drone-unveiled.html">the $499 DJI Spark</a>, are heralding a wave of affordable, high-quality drones that are simple to use. It&#8217;s easy for anyone to make a drone fly — and becoming easier to make money from the technology.</p>
<h2>First, you will need to make a small investment</h2>
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<p>It still takes money to make money. The first step in becoming a drone entrepreneur is to make a small investment.</p>
<p>If you&#8217;re looking to fly for anything other than fun, <a class="inline_asset" title="https://www.faa.gov/uas/getting_started/" href="https://www.faa.gov/uas/getting_started/">the FAA requires all pilots to have a Remote Pilot Airman Certificate.</a> Any drone more than 0.55 lbs must <a class="inline_asset" title="https://registermyuas.faa.gov/" href="https://registermyuas.faa.gov/">also be registered with the FAA</a>. While <a class="inline_asset" title="http://www.nbcnews.com/news/us-news/appeals-court-strikes-down-faa-registry-recreational-drones-n763871" href="http://www.nbcnews.com/news/us-news/appeals-court-strikes-down-faa-registry-recreational-drones-n763871">a recent ruling has thrown the FAA&#8217;s authority into flux,</a> &#8220;best practice is to comply with FAA regulations,&#8221; said Christopher Beall, an attorney at Fox Rothschild who specializes in drone litigation.</p>
<p>Then learn to fly well, as in really well. Know your drone inside and out, what it&#8217;s built for and how it flies. Drones built for filming (stable with a high-quality camera but slow) are very different from racing drones (built for durability and speed) and surveying drones (designed to carry specialized equipment, like a LIDAR unit).</p>
<p><b>Start-up costs</b>: $150 (for the license); $5 (for each drone registration)</p>
<h2>Start shooting photos and videos</h2>
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<p>Take it out for a spin and see what you can photograph.</p>
<p>&#8220;Fantastic drone footage doesn&#8217;t necessarily need to be traditional aerial or &#8216;top-down&#8217; style,&#8221; said <a href="http://www.cnbc.com/2017/05/06/thats-no-balloon-its-a-drone-halo-takes-to-the-skies-as-latest-trend-in-uavs.html">drone photographer and Spacial founder Will Chatham</a>. &#8220;Often, the best drone videos are ones that break this mold.&#8221;</p>
<p>Videographer Tim Sessler, for instance, uses <a class="inline_asset" title="https://vimeo.com/163590531#t=2m27s" href="https://vimeo.com/163590531#t=2m27s">a drone fitted with a zoom camera to create a &#8220;dolly zoom&#8221;</a> (also called the &#8220;Vertigo effect,&#8221; after the Hitchcock classic).</p>
<p>Make interesting enough videos and you might even be able to win prizes with your work. Just be sure the work is solid: Festivals are rare, and your entry will compete against pros and industry veterans. The <a class="inline_asset" title="http://nycdronefilmfestival.com/" href="http://nycdronefilmfestival.com/">New York City Drone Film Festival</a> awards prizes like <a class="inline_asset" title="http://freeflysystems.com/alta-8" href="http://freeflysystems.com/alta-8">a $17,500 Alta 8 drone</a> and a $5,000-per-month grant to a top director for one year. The <a class="inline_asset" title="http://www.drone-filmfestival.com/" href="http://www.drone-filmfestival.com/">Peugeot Drone Film Festival in Europe</a> will sponsor a winner to create a drone film for six weeks and puts a DJI drone, travel stipend and two cars at the winner&#8217;s disposal.</p>
<p><a class="inline_asset" title="https://www.airvuz.com/" href="https://www.airvuz.com/">Drone video websites like AirVuz</a> (think YouTube for drones) allow you to set up donation and tip buttons and can even get you hired for freelance filming assignments.</p>
<p><strong>Payout</strong>: Freelance filming opportunities; festival grants and prizes that can run to the thousands of dollars</p>
<h2>Fly commercially</h2>
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<p>From <a href="http://www.cnbc.com/2016/12/14/the-future-arrives-amazons-prime-air-completes-its-first-drone-delivery.html">Amazon package deliveries</a> to <a href="http://www.cnbc.com/2016/11/18/drones-will-transform-the-way-food-is-grown-next-year.html">scanning farms for increased crop yield,</a> commercial drones are finding niches in every field.</p>
<p>&#8220;Many of the industrial applications of [drones] are being adopted by survey and engineering firms,&#8221; said Jordan Rising, director of flight and technology at <a class="inline_asset" title="http://flight-evolved.com/" href="http://flight-evolved.com/">commercial drone specialists Flight Evolved</a>. &#8220;Most of these companies are hiring pilots who can likely expect to make between $50,000 and $70,000, depending on their expertise and the equipment they are operating.&#8221;</p>
<p>Many of the drone pilots who can command the upper salary range are ex-helicopter pilots, not novices. Weekend drone gigs, or contract work, can net $2,500 to $7,000 per job, depending on the type of role. Specialized <a class="inline_asset" title="https://www.dronebase.com/" href="https://www.dronebase.com/">drone job boards, like Dronebase.com</a>, are a good place to start, says Tyler Mason of AirVuz. &#8220;Some industries (i.e. real estate) will post on the site that they&#8217;re looking for pilots, and pilots can then accept the jobs from the Dronebase website.&#8221;</p>
<p>Camera drones are being used to capture <a class="inline_asset" title="http://www.hollywoodreporter.com/news/drone-cameras-big-budgets-how-la-real-estate-trailers-are-selling-mega-mansions-989237" href="http://www.hollywoodreporter.com/news/drone-cameras-big-budgets-how-la-real-estate-trailers-are-selling-mega-mansions-989237">dramatic real estate videos</a> for the residential real estate sales market, an example of growing types of paid freelance work available to drone pilots.</p>
<p><strong>Payout</strong>: $2,500 to $70,000, depending on experience and expertise</p>
<h2>Win a drone race and become a sponsored pilot</h2>
<div id="slideshow-text_3">
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<p>How does <a href="http://www.cnbc.com/2017/03/13/drone-racing-league-six-figure-salary.html">a $100,000 contract sound</a>?</p>
<p>An easy way to score a big payout is to start competing in drone races and hopefully win races and sponsorships.</p>
<p>&#8220;It&#8217;s allowed [pilots] to quit their jobs and do what they do full-time,&#8221; DRL co-founder and CEO Nick Horbaczewski said in an interview with CNBC earlier this year. Dominate the global field and you might even score the $100,000 contract, plus sponsorships from big technology firms such as Samsung.</p>
<p>Even <a class="inline_asset" title="https://www.airvuz.com/blog/how-to-make-money-flying-your-drone" href="https://www.airvuz.com/blog/how-to-make-money-flying-your-drone">social media companies like AirVuz</a> and <a class="inline_asset" title="https://www.florotors.com/" href="https://www.florotors.com/">framemakers like FloRotoRs </a>sponsor pilots, helping defray the cost of parts like frames and spare propellers. Beware — <a href="http://www.cnbc.com/2017/03/10/drone-invasion-is-moving-from-photography-and-deliveries-to-racing.html">races are fast (up to 60 mph), crashes are fierce,</a> and replacement parts are a must.</p>
<p><strong>Payout</strong>: Up to $100,000</p>
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3 ways you can turn a cheap drone into a money-making job

<p>In the ever-growing digital age, how much of an impact does a brand’s online personality have on consumers? Sprout Social’s Director of Content, Lizz Kannenberg explores further.</p>
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Can being snide and critical be good for brands?

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<ul>
<li class="">Multiple fatalities have been reported after a massive fire engulfed a block of flats in central London.</li>
<li>More than 200 firefighters and as many as 40 fire engines have been sent to the location to tackle the flames, according to London Fire Brigade.</li>
</ul>
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<div class="source"><a href="http://www.cnbc.com/sam-meredith/" rel="author">Sam Meredith</a> | <span class="twitter-url"><a href="http://twitter.com/@smeredith19">@smeredith19</a></span></div>
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<p><iframe loading="lazy" src="http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&amp;byGuid=3000627270&amp;size=530_298" width="530" height="298" allowfullscreen="allowfullscreen"></iframe></p>
<p>A massive fire raged through the night at a 24-storey block of flats in central London on Wednesday, with multiple fatalities reported.</p>
<p>London Fire Brigade said over 200 firefighters were on the scene to tackle the major blaze at a tower block in north Kensington, with 40 fire engines also sent to the location.</p>
<p>The fire was first reported shortly after 1.15 a.m. BST, with the Metropolitan Police confirming people were being treated for &#8220;a range of injuries&#8221;.</p>
<p>&nbsp;</p>
<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">A resident sent me this video they took when they escaped the building around 1:30 am <a href="https://t.co/WdNMQpa2Mv">pic.twitter.com/WdNMQpa2Mv</a></p>
<p>— AssedBaig (@AssedBaig) <a href="https://twitter.com/AssedBaig/status/874855458649014272">June 14, 2017</a></p></blockquote>
<p><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>British media reported people trapped in the upper floors desperately screaming for help as the fire spread through the building, which contains 120 homes.</p>
<p>A police update at around 4.00 a.m. BST said Grenfell Tower &#8220;residents continue to be evacuated&#8221;.</p>
<p>&nbsp;</p>
<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">We have taken 30 patients to five London hospitals following the fire at <a href="https://twitter.com/hashtag/GrenfellTower?src=hash">#GrenfellTower</a> &amp; we remain on scene <a href="https://t.co/lxfRseAIkg">pic.twitter.com/lxfRseAIkg</a></p>
<p>— London Ambulance (@Ldn_Ambulance) <a href="https://twitter.com/Ldn_Ambulance/status/874859134440673284">June 14, 2017</a></p></blockquote>
<p><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>London ambulance service reported at 6.15 a.m. BST that 30 patients have been taken to five hospitals following the incident at Lancaster West Estate.</p>
<p>&#8220;Our priority is to assess the level and nature of injuries and ensure those in the most need are treated first and taken to hospital,&#8221; Stuart Crichton, assistant director of operations at London Ambulance Service, said in a statement.</p>
<p>London Mayor Sadiq Khan, issued a statement and described the flumes as a &#8220;major incident&#8221;.</p>
<p>&nbsp;</p>
<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">Major incident declared at Grenfell Tower in Kensington. 40 fire engines &amp; 200 firefighters at the scene &#8211; follow <a href="https://twitter.com/LondonFire">@LondonFire</a> for updates.</p>
<p>— Sadiq Khan (@SadiqKhan) <a href="https://twitter.com/SadiqKhan/status/874827945117876225">June 14, 2017</a></p></blockquote>
<p><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The cause of the fire remains unknown at this stage, the Fire Brigade said.</p>


Huge fire engulfs London tower block, fatalities reported

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<li>Apple co-founder Steve Wozniak says he bought Bitcoin at $700</li>
<li>Bitcoin surged past $3,000 over the weekend</li>
<li>Wozniak said he bought Bitcoin mostly to see what you could do with it.</li>
</ul>
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<div class="source"><a href="http://www.cnbc.com/todd-haselton/" rel="author">Todd Haselton</a> | <span class="twitter-url"><a href="http://twitter.com/@robotodd">@robotodd</a></span></div>
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<p><iframe loading="lazy" src="http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&amp;byGuid=3000626557&amp;size=530_298" width="530" height="298" allowfullscreen="allowfullscreen"></iframe></p>
<p>Apple co-founder Steve Wozniak revealed he bought bitcoin when it was at at $700 during an interview with CNBC at eMerge Miami on Monday.</p>
<p>Wozniak didn&#8217;t disclose how much he acquired, but the <a class="inline_asset" title="http://www.cnbc.com/2017/06/11/bitcoin-bulls-runs-wild-as-cryptocurrency-surges-above-3000.html" href="http://www.cnbc.com/2017/06/11/bitcoin-bulls-runs-wild-as-cryptocurrency-surges-above-3000.html">cryptocurrency surged above $3,000</a> over the weekend, meaning he gained $2,300 even if he just bought a single bitcoin.</p>
<p>&#8220;I remember getting interested in bitcoin some time ago,&#8221; Wozniak said. &#8220;It was $70 for a bitcoin, man and I went online and you had to have a special bank account at a special bank and I couldn&#8217;t buy any bitcoin so I gave up. Eventually I got some of them at the $700 stage and it went down to $350. I didn&#8217;t invest, I did it so I could play with bitcoin.&#8221;</p>
<p>Wozniak said he wanted to see what it was like to try to shop with bitcoin, at places like restaurants and hotels. &#8220;It&#8217;s not that easy to do yet, but it&#8217;s getting there. I was just playing around trying out how to buy and sell stuff and I didn&#8217;t care I lost a ton of money, but now I&#8217;m way up,&#8221; Wozniak added</p>
<p>Woz also touched on blockchain technology and why he thinks it&#8217;s important. &#8220;I like the blockchain technology,&#8221; he said. &#8220;Every single transaction is noted and saved, and that probably has a lot of good security and traceability and looking-back aspects to it &#8230; That&#8217;s probably why a lot of banks are interested in it.&#8221;</p>
<p>Bitcoin was priced at about $700 in June of last year before losing value, and again in late October and early November before it began skyrocketing in value this year.</p>


Apple co-founder Wozniak bought bitcoin at $700 for fun: ‘Now I’m way up’

<ul>
<li>Follow these tips if you&#8217;re tired of going over on your data</li>
<li>The iPhone has an area that shows you how much data you&#8217;re using</li>
<li>You can even see which apps are consuming the most data</li>
</ul>
<p><a href="http://www.cnbc.com/todd-haselton/" rel="author">Todd Haselton</a> | <span class="twitter-url"><a href="http://twitter.com/@robotodd">@robotodd</a></span></p>
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<p>The end of the month is nearing and, boom, suddenly you&#8217;re hit with a notification: You&#8217;re starting to run out of data. &#8220;Would you like to pay $9.99 to purchase more data?&#8221; a message asks. That&#8217;s the best case scenario. Worst case, you don&#8217;t see the message, or your kids ignore it, and suddenly you&#8217;re faced with an expensive phone bill.</p>
<p>It&#8217;s the worst, and it&#8217;s a problem that many consumers without unlimited data plans still face. The good news is you can help avoid getting hit with these messages and possible overages by keeping a closer eye on your data usage each month.</p>
<p>The iPhone has a built-in feature that shows how much data you&#8217;ve used during a pre-determined period. I&#8217;ll show you how to turn it on at the beginning of each carrier bill cycle so that you can keep an eye on your data usage all month long.</p>
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<h2 class="subtitle">Open the settings menu on your iPhone and tap &#8220;Cellular&#8221;</h2>
<div id="attachment_128147" style="width: 540px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-128147" class="wp-image-128147 size-full" src="http://cnbc.africa/wp-content/uploads/2017/06/1.jpg" alt="" width="530" height="298" /><p id="caption-attachment-128147" class="wp-caption-text">Todd Haselton | CNBC</p></div>
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<p>On this page, you&#8217;ll see all sorts of data management options. Let&#8217;s take a look at how you can use them to your advantage.</p>
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<h2 class="subtitle">View your current data usage</h2>
<div id="attachment_128148" style="width: 540px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-128148" class="wp-image-128148 size-full" src="http://cnbc.africa/wp-content/uploads/2017/06/2.jpg" alt="" width="530" height="298" /><p id="caption-attachment-128148" class="wp-caption-text">Todd Haselton | CNBC</p></div>
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<p>You can see how much data you&#8217;ve already used by reading the &#8220;Current Period&#8221; line. Take note of this if you&#8217;re interested in how much data you&#8217;ve already used, because we&#8217;re going to reset it to zero.</p>
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<h2 class="subtitle">You can also prevent certain apps from downloading data – like those that might be particularly offensive during a specific month.</h2>
<div id="attachment_128149" style="width: 540px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-128149" class="size-full wp-image-128149" src="http://cnbc.africa/wp-content/uploads/2017/06/3.jpg" alt="" width="530" height="298" /><p id="caption-attachment-128149" class="wp-caption-text">Todd Haselton | CNBC</p></div>
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<p>This is particularly useful if you have kids who complain they aren&#8217;t sure how they&#8217;re using so much data. Look here and you&#8217;ll find your answers.</p>
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<h2 class="subtitle">Now scroll to the bottom of the page and tap &#8220;reset statistics&#8221;</h2>
<div id="attachment_128150" style="width: 540px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-128150" class="size-full wp-image-128150" src="http://cnbc.africa/wp-content/uploads/2017/06/4.jpg" alt="" width="530" height="298" /><p id="caption-attachment-128150" class="wp-caption-text">Todd Haselton | CNBC</p></div>
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<p>This resets your data usage. You&#8217;ll want to repeat this at the beginning of each billing cycle so you can see how much data you&#8217;re using. If you&#8217;re unsure how much data you&#8217;re allowed each month, check your last bill or contact your wireless carrier.</p>
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<h2 class="subtitle">Check weekly</h2>
<div id="attachment_128151" style="width: 540px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-128151" class="wp-image-128151 size-full" src="http://cnbc.africa/wp-content/uploads/2017/06/5.jpg" alt="" width="530" height="298" /><p id="caption-attachment-128151" class="wp-caption-text">Todd Haselton | CNBC</p></div>
<p>Keep an eye on that &#8220;Current period&#8221; section weekly to see how much data you&#8217;re using. Setting a calendar reminder can help. If you&#8217;re limited to 1GB per month, you&#8217;ll want to budget 1GB per week or less so that you&#8217;re not bouncing from Wi-Fi hotspot to Wi-Fi hotspot just to surf the web.</p>
<p>Pro tip: Carriers sometimes include this information in their apps, so consider downloading the Verizon, Sprint, AT&amp;T or T-Mobile app to keep a second eye on your monthly data usage.</p>
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How to set up your iPhone to avoid expensive surprises on your phone bill

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<p><span class="video-icon"><a class="" href="http://video.cnbc.com/gallery/?video=3000625931" data-videoid="3000625931" data-videotype=""><img loading="lazy" decoding="async" title="In near term, second Scottish referendum seems off the table: Pro" src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/06/09/104519692-6ED3-SSA-ThomasRaines2-06092017.600x400.jpg?v=1496987910" alt="In near term, 2nd Scottish referendum off the table: Pro" width="600" height="400" /></a></span></p>
<div class="headline">In near term, second Scottish referendum seems off the table: Pro  <time>2 Hours Ago | 01:44</time></div>
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<p><a href="http://www.cnbc.com/2017/06/08/uk-election-results.html" target="_self">The U.K. election has failed to give a decisive mandate</a> to either the ruling Conservative Party or the opposition Labour Party, sparking more political uncertainty and dealing a major blow to Prime Minister Theresa May.</p>
<p>The official result is a <a href="http://www.cnbc.com/2017/06/08/uk-election-hung-parliament-2017-result-conservative-labour-may-corbyn.html" target="_self">hung Parliament</a> with no party able to form a majority on its own. Here&#8217;s what happens next, according to the U.K. Parliament.</p>
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<h4 class="subtitle">What happens when no party wins a majority?</h4>
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<p>The ruling Conservatives will remain in power while they try to negotiate a coalition or the government may attempt to try to govern with a minority of members of Parliament. Back in 2010, the last time there was a hung Parliament, the incumbent Labour government stayed in place until a majority government could be formed.</p>
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<h4 class="subtitle">Will the party with the most seats automatically form the government?</h4>
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<div id="inline_movable_ad"> Not guaranteed. In order to govern, a party must be able to command a majority in Parliament (there are 650 seats in total) on votes of confidence and supply, either on its own or through support from other political parties whether there is a formal coalition in place or not. For instance, the Conservatives could partner with the Democratic Unionist Party (DUP) that has 10 seats to get over the finishing line. However, if they can&#8217;t seal a pact with the DUP (or someone else) and the Conservatives can&#8217;t claim a majority, May will likely resign and the Labour party will be invited next to try and form a coalition.</div>
<p>By 7:30 a.m. London time, Prime Minister Theresa May&#8217;s ruling Conservative party had won 314 seats while the opposition Labour Party, led by Jeremy Corbyn, had 261 seats. Meanwhile, the Scottish National Party (SNP) had won 35 seats, the Liberal Democrats were at 12 and the Democratic Unionist Party had secured 10. Voter turnout was at 68.7 percent, according to the BBC.</p>
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<p><span class="video-icon"><a class="" href="http://video.cnbc.com/gallery/?video=3000625930" data-videoid="3000625930" data-videotype=""><img loading="lazy" decoding="async" title="In electoral terms, almost every UK party lost: Pro" src="https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2017/06/09/104519691-6ED3-SSA-ThomasRaines1-06092017.600x400.jpg?v=1496987861" alt="In electoral terms, almost every UK party lost: Pro" width="600" height="400" /></a></span></p>
<div class="headline">In electoral terms, almost every UK party lost: Pro  <time>2 Hours Ago | 01:49</time></div>
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<h4 class="subtitle">How long can the negotiations last?</h4>
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<p>The U.K. has had hung Parliaments before. For what it&#8217;s worth, the Conservatives and the Liberal Democrats in 2010 finally formed a coalition five days after the elections. That same deal is very unlikely this time around as both parties now stand at polar opposites when it comes to the issue of Bexit.</p>
<p>[bc_video video_id=&#8221;5465508193001&#8243; account_id=&#8221;1571595826001&#8243; player_id=&#8221;default&#8221;]</p>
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<h4 class="subtitle">What are the important upcoming events?</h4>
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<p>The first important date is June 13 when the Parliament reconvenes. The next important hurdle after that is the vote on amendments to the Queen&#8217;s speech, which is scheduled for June 19.</p>
<ul>
<li>Author &#8211; Neelabh Chaturvedi, special to CNBC.com</li>
</ul>
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UK in political deadlock — Here’s what happens next

<ul>
<li>The U.K. voted in a general election on Thursday and so far, PM May&#8217;s ruling Conservative party is in the lead.</li>
<li>An exit poll released on Thursday night indicated the Conservatives would win the most seats but lose its parliamentary majority.</li>
<li>Results for key seats continue to roll in.</li>
</ul>
<p><a href="http://www.cnbc.com/nyshka-chandran/" rel="author">Nyshka Chandran</a> | <a href="http://www.cnbc.com/david-reid/" rel="author">David Reid</a> | <a href="http://www.cnbc.com/gemma-acton/" rel="author">Gemma Acton</a></p>
<p>With the bulk of seats now declared in the general election, the <a href="http://www.cnbc.com/united-kingdom/" target="_self">U.K.</a> now faces a hung parliament.</p>
<p><a href="http://www.cnbc.com/2017/06/08/live-final-minutes-of-voting-in-uk-general-election.html" target="_self">Among the announced seats so far</a>, Prime Minister <a href="http://www.cnbc.com/theresa-may/" target="_self">Theresa May</a>&#8216;s ruling Conservative party has won 309 while the opposition Labour Party, led by <a href="http://www.cnbc.com/2017/06/08/jeremy-corbyn-labour-leader-uk-election-manifesto-policies.html" target="_self">Jeremy Corbyn</a>, has gained 258. Meanwhile, the Scottish National Party has won 34 seats, the Liberal Democrats are at 12 and the Democratic Unionist Party has secured 10. Voter turnout was at 68.6 percent, according to the BBC.</p>
<p>There are 650 seats in total — 326 are required for a party to secure a parliamentary majority.</p>
<p>Reuters calculations on Friday also indicated May could no longer win a parliamentary majority.</p>
<p>A <a href="http://www.cnbc.com/2017/06/08/uk-election-hung-parliament-2017-result-conservative-labour-may-corbyn.html" target="_self">hung parliament</a> — a situation in which multiple parties hammer out a coalition government — arises when neither party secures the 326 seats needed for a majority. Investors aren&#8217;t thrilled about that situation as passing legislation can be difficult with two parties that each hold strong political priorities.</p>
<p>Earlier, a BBC exit poll had indicated the Conservatives would win the greatest number of seats but lose its majority in Parliament — a scenario expected to hurt <a href="http://www.cnbc.com/2017/06/08/uk-election-theresa-mays-future-tough-brexit-ahead.html" target="_self">upcoming Brexit negotiations as well as May&#8217;s political future</a>, according to strategists.</p>
<p><a href="http://www.cnbc.com/2017/06/08/british-pound-sterling-after-uk-election-exit-poll.html" target="_self">The British pound dropped sharply in Asian trade on Friday,</a> briefly falling below the $1.27 handle to a multi-month low. The currency has since recovered to linger around $1.2759.</p>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-127887 size-large" src="http://cnbc.africa/wp-content/uploads/2017/06/JC-1024x576.jpg" alt="" width="640" height="360" /></p>
<h4 class="subtitle">&#8216;May should step down&#8217;</h4>
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<p>After winning his seat back in Islington, North London, early on Friday, 68 year-old Corbyn called for May to step down. &#8220;People have said they have quite enough of austerity politics,&#8221; he said in a speech. &#8220;The PM called this election because she wanted a mandate. Well, the mandate she&#8217;s got is lost Conservative seats, lost votes, lost support and lost confidence.&#8221;</p>
<p>Betting exchange Betfair said that Corbyn was the favorite to become U.K. Prime Minister, Reuters reported.</p>
<p>In a speech on Friday, May said it will be incumbent on her party to offer stability if Conservatives win the most seats.</p>
<p>SNP leader Nicola Sturgeon called the early results &#8220;disastrous&#8221; for PM May and expressed disappointment over the SNP&#8217;s performance, Reuters said.</p>
<p>Polling stations opened at 7:00 a.m. London time Thursday and closed at 10:00 p.m, with the main flurry of results coming in after 2.00 a.m. London time Friday.</p>
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<p><strong>&#8216;A big miscalculation&#8217;</strong></p>
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<p>On April 18, PM May surprised onlookers by calling a snap election— a decision aimed at strengthening her mandate to see the country through a hard Brexit. At that point, the Conservatives were polling ahead of Labour but as the campaign progressed, the polls narrowed sharply.</p>
<p>The Conservative campaign has attempted to focus on <a href="http://www.cnbc.com/brexit/" target="_self">withdrawal from the European Union</a>, repeating a mantra that only it can offer a &#8220;strong and stable&#8221; government as negotiations with Brussels heat up. This strategy has worked to an extent, with polls on leadership consistently backing May over Corbyn as a more trusted leader.</p>
<p>Corbyn has said he will honor the U.K.&#8217;s decision to leave but he&#8217;s widely expected to push for <a href="http://video.cnbc.com/gallery/?video=3000625251" target="_self">a soft Brexit</a> and retain the benefits of the single market, a tariff free trading bloc for E.U. members.</p>
<p>&#8220;We have seen two dramatic political miscalculations by two conservative (U.K.) PMs in a short time span, it&#8217;s incredible,&#8221; said Heather Conley, director of the Europe program at the Center for Strategic and International Studies.</p>
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<h4 class="subtitle">Terror comes to the fore</h4>
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<p>The U.K. has suffered <a href="http://www.cnbc.com/2017/06/05/civil-liberties-in-focus-after-uk-terror-attack.html" target="_self">three separate incidents of &#8220;terror attacks&#8221; in just three months</a>, pushing the issue of security to the fore of the election as both main parties accused each other of weakness.</p>
<p>Corbyn was criticized in the media for appearing weak on a &#8220;shoot to kill&#8221; policy and has apologized for statements made in the past describing Middle East factions Hamas and Hezbollah as &#8220;friends.&#8221;</p>
<p>Conservatives also felt a backlash. In her previous role as Home Secretary, May was responsible for cutting of the U.K.&#8217;s police force numbers — a decision that many believed put the nation at a greater risk of terror.</p>
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UK faces hung parliament; Corbyn calls for May to step down

<p><a href="http://www.cnbc.com/arjun-kharpal/" rel="author">Arjun Kharpal</a> | <span class="twitter-url"><a href="http://twitter.com/ArjunKharpal">@ArjunKharpal</a></span><br />
<iframe loading="lazy" src="http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&amp;byGuid=3000625393&amp;size=530_298" width="530" height="298" allowfullscreen="allowfullscreen"></iframe></p>
<p>Huawei will become the top personal computer maker in the world in three to five years, leapfrogging the likes of <a class="inline_quotes" href="http://data.cnbc.com/quotes/AAPL" target="_self" data-gdsid="8016" data-inline-quote-symbol="AAPL">Apple</a>, <a class="inline_quotes" href="http://data.cnbc.com/quotes/992-HK" target="_self" data-gdsid="2463" data-inline-quote-symbol="992-HK">Lenovo</a> and <a class="inline_quotes" href="http://data.cnbc.com/quotes/HPQ" target="_self" data-gdsid="20154" data-inline-quote-symbol="HPQ">HP</a>, a top executive at the firm told CNBC on Wednesday, just days after launching new notebook devices.</p>
<p>In May, the Chinese firm took the wraps off of the MateBook X, MateBook D and MateBook E — the X is a laptop that competes directly with Apple&#8217;s MacBook line of products. For its part, the company says it is bullish on its plans in the PC space.</p>
<p>&#8220;Whenever Huawei decides to enter an area, make a product, our target is always to be a global leader,&#8221; said Wan Biao, chief operating officer of Huawei&#8217;s consumer business group. &#8220;I think this comes from Huawei&#8217;s unswerving input in R&amp;D, and our innovation capabilities. I think these has already been proven in our smartphone products.&#8221;</p>
<p>When asked how long it will take to sit at the top spot in the market, Wan said the &#8220;process would take about three to five years.&#8221;</p>
<p>The PC market has been declining for several years, but it recorded 0.6 percent growth in the first quarter of 2017, according to data from IDC. Given that low growth, it&#8217;s an incredibly tough market.</p>
<p>HP, Lenovo, Dell, Apple, and Acer make up the top five players in the world by market share, IDC said. So if Huawei becomes number one, that would mean beating out those top players. Wan, however, said he&#8217;s confident.</p>
<div id="attachment_127783" style="width: 650px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-127783" class="wp-image-127783 size-large" src="http://cnbc.africa/wp-content/uploads/2017/06/Huawei-Flickr-1024x683.jpg" alt="" width="640" height="427" /><p id="caption-attachment-127783" class="wp-caption-text">Photo: Flickr.</p></div>
<p>&#8220;Of course, we are confident because of Huawei&#8217;s powerful innovation capabilities. In fact, in the laptop space some technologies are the same with smartphone. In the meantime, with the development of AI, AR and VR [artificial intelligence, augmented reality and virtual reality] technologies, the chance to succeed will only grow bigger for a strong innovative company,&#8221; Wan told CNBC.</p>
<p>Huawei&#8217;s consumer business is relatively young and began with smartphones. The Chinese giant is seeing success: reported revenues in its consumer business group were up 42 percent year-on-year in 2016 to 178 billion yuan ($26.19 billion). Smartphone shipments were up 29 percent to 139 million units, and Huawei is now the third-largest smartphone vendor in the world by market share.</p>
<p>Wan&#8217;s projection of being the top PC maker in only a few years mirrors similar bullishness from the company about smartphones. In 2016, Richard Yu, the CEO of the consumer division at Huawei, told CNBC that the firm would be number one in smartphones by 2021.</p>
<p>It may seem odd that Huawei is entering a stagnant market, but the tactic is to try and create an ecosystem of products for consumers. Not only does Huawei have smartphones, but it also sells smartwatches and Wi-Fi routers. Laptops are another edition to the portfolio.</p>
<p>&#8220;I think for Huawei&#8217;s strategy, one of the most crucial points is the connectivity of all things. Every object in the world should be able to connect … Therefore Huawei is also developing our business over these notions,&#8221; Wan said.</p>


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