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2024-11-14 07:37:28 -

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Buy now, pay later provider Klarna says it filed confidentially for U.S. IPO
Klarna, which is known for its popular buy now, pay later business, has confidentially filed IPO documents with the U.S. SEC.

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2024-11-14 07:37:27 -

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Bitcoin briefly tops $93,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $93,000 following slightly higher October inflation data Wednesday.

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2024-11-14 07:13:19 -

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Japan is ramping up efforts to revive its once dominant chip industry
Japan has announced its latest plan to boost the country's chip and AI industries as it works to regain its leading position in semiconductor technology.

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2024-11-14 07:13:19 -

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Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of "sovereign" AI models in Europe to reduce the region's dependence on largely U.S.-controlled infrastructure.

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2024-11-14 01:00:22 -

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Cisco reports fourth straight quarter of declining revenue
Cisco reported better-than-expected results for the latest quarter but revenue continues to shrink.

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2024-11-14 01:00:22 -

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X rival Bluesky gains 1.25 million users following U.S. election
Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the U.S. election.

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2024-11-13 01:00:24 -

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Bitcoin resumes its climb, briefly touching $90,000 in late afternoon trading
Bitcoin climbed over the $90,000 level in late afternoon trading Tuesday.

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2024-11-13 01:00:24 -

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Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.

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2024-11-12 01:00:27 -

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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.

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2024-11-12 01:00:26 -

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European Google rivals partner on search engine infrastructure to counter Big Tech
Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.

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2024-11-11 13:28:38 -

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Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning
Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following President-elect Donald Trump's election win.

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2024-11-11 13:28:32 -

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Silicon Valley's General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies
Saudi Arabia's fintech startups have raised over $1.84 billion in venture capital investments since 2018, according to the kingdom's SME authority.

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2024-11-11 13:28:32 -

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FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.

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2024-11-11 01:01:08 -

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Bitcoin hits $80,000 for the first time as crypto traders bask in Trump election victory
Cryptocurrencies extended their rally on Sunday, with bitcoin touching $80,000 for the first time ever.

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2024-11-11 01:01:07 -

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Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.

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2024-11-10 11:03:39 -

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How Elon Musk stands to cash in on Trump's presidential victory
Tesla CEO Elon Musk poured at least $130 million into a pro-Trump campaign effort after an assassination attempt on the former president in July.

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2024-11-10 11:03:38 -

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FTX fraudster Caroline Ellison reports to Connecticut prison to begin 2-year sentence
Caroline Ellison, who pleaded guilty to fraud charges tied to the collapse of crypto exchange FTX, is beginning her two-year prison sentence.

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2024-11-10 11:03:37 -

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AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.

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2024-11-10 11:03:37 -

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Airbnb misses on earnings but squeaks in a revenue beat
Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

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2024-11-10 11:03:35 -

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Affirm beats on top and bottom lines
Affirm beats on earnings and revenue in fiscal first quarter.

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2024-11-10 11:03:34 -

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Pinterest stock plunges following weak Q4 revenue guidance
Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines.

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2024-11-10 11:03:32 -

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Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.

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2024-11-10 11:03:31 -

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Tesla hits $1 trillion market cap as stock rallies after Trump win
Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker's market cap past $1 trillion.

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2024-11-10 01:00:23 -

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Fintechs Upstart and Toast soar on earnings
Wall Street applauded results from fintech companies Upstart and Toast.

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2024-11-10 01:00:23 -

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Tesla's social media posts falsely implied that its cars are robotaxis, NHTSA warns
The National Highway Traffic Safety Administration warned Tesla that its online posts may mislead drivers into thinking its cars are robotaxis.

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2024-11-09 01:00:31 -

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Jack Dorsey dramatically scales back crypto ambitions for Block
Block said Thursday that it was "winding down" its TBD division, which had sought to create an open-source crypto development platform.

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2024-11-09 01:00:30 -

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ChatGPT rejected more than 250,000 image generations of presidential candidates prior to Election Day
OpenAI estimates that ChatGPT rejected more than 250,000 requests to generate images of the 2024 U.S. presidential candidates in the lead up to Election Day.

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2024-11-08 01:00:27 -

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How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.

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2024-11-08 01:00:27 -

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Block reports revenue miss but a slight beat on earnings
Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.

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2024-11-07 11:41:41 -

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Nintendo jumps 6% as it says current Switch games will be playable on the console's successor
Nintendo will allow current Switch games to be played on the hit console's successor, as it looks to drum up excitement among its current user base.

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2024-11-07 11:41:40 -

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Here's what Trump promised the crypto industry ahead of the election
Donald Trump branded himself as the pro-crypto candidate for president on the campaign trail.

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2024-11-07 10:59:45 -

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Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
Leaders including Jeff Bezos, Sam Altman and Tim Cook congratulated the president-elect and said they looked forward to working with his administration.

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2024-11-07 10:59:37 -

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Trump likely to uphold CHIPS Act despite his campaign rhetoric, experts say
President elect Donald Trump is unlikely to roll back the Biden administrations CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.

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2024-11-07 10:59:37 -

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Adyen shares slide as payments giant's transaction volume growth slows
Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter.

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2024-11-07 01:00:26 -

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Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop
Coinbase's success in helping its candidates win their elections on Tuesday sent the company's stock price soaring, lifting CEO Brian Armstrong's net worth.

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2024-11-07 01:00:26 -

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Super Micro shares plummet 18% after financial update heightens investor concerns
Super Micro's stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that added to investor concerns.

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2024-11-07 01:00:25 -

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Qualcomm pops on chipmaker's earnings and revenue beat
Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.

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2024-11-06 07:41:13 -

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Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

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2024-11-06 07:41:11 -

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Google curbs politics discussion among employees on U.S. Election Day
During Election Day, employees tried flooding popular internal message board with election-related memes despite warnings by company executives.

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2024-11-06 07:41:11 -

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Crypto's $245 million campaign finance operation filled airwaves with ads not about crypto
The crypto sector emerged as a top donor this election cycle, but the ads it funded weren't about digital currencies.

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