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The Bootleg Fire rages across central Oregon state, in Klamath County, Oregon, in this July 13, 2021 picture obtained from social media.
Oregon State Fire Marshal | via Reuters

Air quality in the United States and Europe improved over the last decade thanks to stricter environmental regulations, but intensifying wildfires raise new air pollution concerns.

The National Interagency Fire Center reported that, as of August 8, there were 107 large active fires that had burned more than 2.2 million acres domestically across 15 states so far this year. In Europe, wildfires in Greece and Turkey are raging amid record heat waves now as well.

As a result, more people are turning to mobile apps to understand when air quality is better or worse, wherever they may be. These apps use a mix of data from government-operated satellites, or weather, fire and ambient air quality stations, as well as sensors and systems run by private sector entities. Some are even crowdsourced from relatively affordable air quality sensors sold by companies such as PurpleAir and IQAir.

Air quality apps

According to senior mobile insights analyst Jonathan Briskman of Sensor Tower, the top-rated apps for outdoor air quality monitoring in the U.S. between January 2020 and July 2021 have been: AirCare, AirVisual, and South Coast AQMD, based on ratings from the App Store, and Google Play.

The AirCare app shows air pollution, active fires, wind conditions and pollen levels on a map.
CNBC

Here’s what those three apps do:

  • AirCare, made by developers in Northern Macedonia, is available for iOS and Android mobile devices, including iPhones, iPads, Apple Watch and Huawei smartphones, among many others. Tiers include a free, ad-supported version, a 99 cents ad-free version, and at the premium level, a $14.99 annual subscription for a pro-version. The app includes kid-friendly air pollution information, charts and maps that show pollutant levels derived from government-run sensors and stations, alongside volunteers’ PurpleAir and other sensors throughout the U.S., Europe and Australia. In some major metro areas, the app also tracks ultra-violet and pollen levels.
  • AirVisual, made by the Swiss air quality company IQAir, tracks air pollution in more than 10,000 cities and 80 countries drawing on data from tens of thousands of sensors, some positioned at U.S. embassies overseas. The company’s free mobile apps are also ad-free and available for iOS and Android devices. Besides real-time maps that show levels of six different types of major pollutants, IQAir’s AirVisual and mobile website provide seven-day air pollution and weather forecasts, along with air pollution-related news and health information. The apps can pair with the company’s own sensors, including the portable AirVisual Pro sold for around $269.
  • South Coast AQMD, is a free and ad-free app run by the local air pollution agency in Southern California of the same name and tracks air pollution across Orange County, Los Angeles, Riverside and San Bernardino, specifically. It features real-time and forecasted air quality and weather conditions, and maps that show where drivers can charge their electric vehicles or find other non-traditional fueling stations. It also includes information about upcoming local events and political hearings related to air quality issues to encourage community participation. The app is available in both English and Spanish for Apple and Android devices.
The South Coast AQMD app shows air pollution levels in Greater Los Angeles.
CNBC

The five most popular air quality apps in the U.S., based on installs since the start of 2020, according to Sensor Tower included two of those top-rated apps, AirVisual (from IQ Air) and Air Care, as well as the U.S. Environmental Protection Agency’s app AirNow, an app from venture-backed startup Breezometer that shows air quality, pollen and active fire data, and an app called Oregon Air developed for the Oregon Department of Environmental Quality.

Use of these apps, and new installs are often driven by regional events. As of August 8, 2021 there were 16 large active fires searing through Oregon according to the NIFC.

How air pollution impacts health

Air quality monitoring and measurement are critical for public health, says Yanelli Nunez, a postdoctoral research scientist at Columbia University’s Mailman School of Public Health.

She notes that robust studies have shown that air pollution contributes to lung cancer, chronic obstructive pulmonary disease, and lower respiratory infections, and even impacts mortality, pregnancy outcomes and cardiovascular disease.

Nunez works in an environmental health sciences laboratory with Marianthi-Anna Kioumourtzoglou. Their research has also found long-term exposure to air pollution can affect the nervous system and may influence functions such as memory or cognitive capabilities.

The scientists wrote in an e-mail to CNBC: “Americans living in poor air quality areas tend to be people of color or low-income communities. We are finally starting to pay more attention to these issues, which hopefully will lead to change. The air pollution composition is also changing.”

In one example, greenhouse gas emissions from transportation declined in New York City from 2014 to 2017, while commercial cooking emissions rose.

With increased wildfires, the scientists wrote, “The sources and composition of the air pollution mixture that we are experiencing could differently impact our health, so we need to better understand source-specific effects, especially for these newly prominent sources.”

Indoor air matters, too

While outdoor air quality is important, society doesn’t talk or do enough about indoor air quality, said Richard Corsi, UC Davis’ incoming dean of the college of engineering, currently a professor and dean at Portland State University.

Using pre-pandemic numbers, Corsi explained that the average American would spend almost 70 out of 79 years of their life domiciled inside of buildings. “Because we spend so much time indoors, even our exposure to pollutants of outdoor origin is dominated by what we breathe there, especially in our homes,” he said.

Pollutants of outdoor origin which come from the likes of internal combustion engine vehicles, photochemical smog, refineries and wildfires can get into homes and buildings when doors and windows are opened, when heat and air conditioning systems are used, or through other cracks in the building envelope.

Consumer apps and devices today don’t give users an absolute, precise measurement down to micrograms per cubic meter of a given pollutant, Corsi noted. But they’re very valuable for spotting trends and relative changes in air quality.

Sensors set up indoors can work well to check whether protective measures are working to improve the air inside of a house, school or other building.

Especially during wildfire season, Corsi said, some other simple actions that can protect or improve air quality indoors include: wet-mopping floors and wiping surfaces so pollutants don’t accumulate, using HEPA or high-efficiency particulate air filters, and increasing the MERV or minimum efficiency reporting value of filters in central air systems in a house.

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USDC stablecoin issuer Circle files for IPO as public markets open to crypto

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USDC stablecoin issuer Circle files for IPO as public markets open to crypto

Jeremy Allaire, Co-Founder and CEO, Circle 

David A. Grogan | CNBC

Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the U.S. Securities and Exchange Commission.

The S1 lays the groundwork for Circle’s long-anticipated entry into the public markets.

While the filing does not yet disclose the number of shares or a price range, sources told Fortune that Circle plans to move forward with a public filing in late April and is targeting a market debut as early as June.

JPMorgan Chase and Citi are reportedly serving as lead underwriters, and the company is seeking a valuation between $4 billion and $5 billion, according to Fortune.

This marks Circle’s second attempt at going public. A prior SPAC merger with Concord Acquisition Corp collapsed in late 2022 amid regulatory challenges. Since then, Circle has made strategic moves to position itself closer to the heart of global finance — including the announcement last year that it would relocate its headquarters from Boston to One World Trade Center in New York City.

Read more about tech and crypto from CNBC Pro

Circle is best known as the issuer of USDC, the world’s second-largest stablecoin by market capitalization.

Pegged one-to-one to the U.S. dollar and backed by cash and short-term Treasury securities, USDC has roughly $60 billion in circulation.

Circle is best known as the issuer of USDC, the world’s second-largest stablecoin by market capitalization.

Pegged one-to-one to the U.S. dollar and backed by cash and short-term Treasury securities, USDC has roughly $60 billion in circulation. It makes up about 26% of the total market cap for stablecoins, behind Tether‘s 67% dominance. Its market cap has grown 36% this year, however, compared with Tether’s 5% growth.

Coinbase CEO Brian Armstrong said on the company’s most recent earnings call that it has a “stretch goal to make USDC the number 1 stablecoin.” 

The company’s push into public markets reflects a broader moment for the crypto industry, which is navigating renewed political favor under a more crypto-friendly U.S. administration. The stablecoin sector is ramping up as the industry grows increasingly confident that the crypto market will get its first piece of U.S. legislation passed and implemented this year, focusing on stablecoins.

Stablecoins’ growth could have investment implications for crypto exchanges like Robinhood and Coinbase as they integrate more of them into crypto trading and cross-border transfers. Coinbase also has an agreement with Circle to share 50% of the revenue of its USDC stablecoin.

The stablecoin market has grown about 11% so far this year and about 47% in the past year, and has become a “systemically important” part of the crypto market, according to Bernstein. Historically, digital assets in this sector have been used for trading and as collateral in decentralized finance (DeFi), and crypto investors watch them closely for evidence of demand, liquidity and activity in the market.

More recently, however, rhetoric around stablecoins’ ability to help preserve U.S. dollar dominance – by exporting dollar utility internationally and ensuring demand for U.S. government debt, which backs nearly all dollar-denominated stablecoins – has grown louder.

A successful IPO would make Circle one of the most prominent crypto-native firms to list on a U.S. exchange — an important signal for both investors and regulators as digital assets become more entwined with the traditional financial system.

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Hims & Hers shares rise as company adds new weight-loss medications to platform

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Hims & Hers shares rise as company adds new weight-loss medications to platform

The Hims app arranged on a smartphone in New York on Feb. 12, 2025.

Gabby Jones | Bloomberg | Getty Images

Hims & Hers Health shares closed up 5% on Tuesday after the company announced patients can access Eli Lilly‘s weight loss medication Zepbound and diabetes drug Mounjaro, as well as the generic injection liraglutide, through its platform.

Zepbound, Mounjaro and liraglutide are part of the class of weight loss medications called GLP-1s, which have exploded in popularity in recent years. Hims & Hers launched a weight loss program in late 2023, but its GLP-1 offerings have evolved as the company has contended with a volatile supply and regulatory environment.

Lilly’s weekly injections Zepbound and Mounjaro will cost patients $1,899 a month, according to the Hims & Hers website. The generic liraglutide will cost $299 a month, but it requires a daily injection and can be less effective than other GLP-1 medications.

“As we look ahead, we plan to continue to expand our weight loss offering to deliver an even more holistic, personalized experience,” Dr. Craig Primack, senior vice president of weight loss at Hims & Hers, wrote in a blog post.

A Lilly spokesperson said in a statement that the company has “no affiliation” with Hims & Hers and noted that Zepbound is available at lower costs for people who are insured for the product or for those who buy directly from the company. 

In May, Hims & Hers started prescribing compounded semaglutide, the active ingredient in Novo Nordisk‘s GLP-1 weight loss medications Ozempic and Wegovy. The offering was immensely popular and helped generate more than $225 million in revenue for the company in 2024.

But compounded drugs can traditionally only be mass produced when the branded medications treatments are in shortage. The U.S. Food and Drug Administration announced in February that the shortage of semaglutide injections products had been resolved.

That meant Hims & Hers had to largely stop offering the compounded medications, though some consumers may still be able to access personalized doses if it’s clinically applicable. 

During the company’s quarterly call with investors in February, Hims & Hers said its weight loss offerings will primarily consist of its oral medications and liraglutide. The company said it expects its weight loss offerings to generate at least $725 million in annual revenue, excluding contributions from compounded semaglutide.

But the company is still lobbying for compounded medications. A pop up on Hims & Hers’ website, which was viewed by CNBC, encourages users to “use your voice” and urge Congress and the FDA to preserve access to compounded treatments.

With Tuesday’s rally, Hims and Hers shares are up about 27% in 2025 after soaring 172% last year.

WATCH: Hims & Hers shares tumble over concerns around weight-loss business

Hims & Hers shares tumble over concerns around weight-loss business

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Meta’s head of AI research announces departure

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Meta's head of AI research announces departure

Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.

Manuel Orbegozo | Reuters

Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. 

Joelle Pineau, the company’s vice president of AI research, announced her departure in a LinkedIn post, saying her last day at the social media company will be May 30. 

Her departure comes at a challenging time for Meta. CEO Mark Zuckerberg has made AI a top priority, investing billions of dollars in an effort to become the market leader ahead of rivals like OpenAI and Google.

Zuckerberg has said that it is his goal for Meta to build an AI assistant with more than 1 billion users and artificial general intelligence, which is a term used to describe computers that can think and take actions comparable to humans.

“As the world undergoes significant change, as the race for AI accelerates, and as Meta prepares for its next chapter, it is time to create space for others to pursue the work,” Pineau wrote. “I will be cheering from the sidelines, knowing that you have all the ingredients needed to build the best AI systems in the world, and to responsibly bring them into the lives of billions of people.”

Vice President of AI Research and Head of FAIR at Meta Joelle Pineau attends a technology demonstration at the META research laboratory in Paris on February 7, 2025.

Stephane De Sakutin | AFP | Getty Images

Pineau was one of Meta’s top AI researchers and led the company’s fundamental AI research unit, or FAIR, since 2023. There, she oversaw the company’s cutting-edge computer science-related studies, some of which are eventually incorporated into the company’s core apps. 

She joined the company in 2017 to lead Meta’s Montreal AI research lab. Pineau is also a computer science professor at McGill University, where she is a co-director of its reasoning and learning lab.

Some of the projects Pineau helped oversee include Meta’s open-source Llama family of AI models and other technologies like the PyTorch software for AI developers.

Pineau’s departure announcement comes a few weeks ahead of Meta’s LlamaCon AI conference on April 29. There, the company is expected to detail its latest version of Llama. Meta Chief Product Officer Chris Cox, to whom Pineau reported to, said in March that Llama 4 will help power AI agents, the latest craze in generative AI. The company is also expected to announce a standalone app for its Meta AI chatbot, CNBC reported in February

“We thank Joelle for her leadership of FAIR,” a Meta spokesperson said in a statement. “She’s been an important voice for Open Source and helped push breakthroughs to advance our products and the science behind them.” 

Pineau did not reveal her next role but said she “will be taking some time to observe and to reflect, before jumping into a new adventure.”

WATCH: Meta awaits antitrust fine from EU

Meta awaits antitrust fine from EU

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