Technology

Zilch CEO Phil Belamant. Zilch British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering. In a trading update, Zilch, which competes with the likes of Klarna and Block in the buy now, pay later space,

Jaap Arriens | Nurphoto | Getty Images A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. One justice, Luiz Fux, voted to uphold but expressed “reservations” about a measure of the order that allows the court to fine individuals or businesses

The Huawei flagship store and the Apple flagship store are seen at Nanjing Road Pedestrian Street in Shanghai, China, September 2, 2024.  Cfoto | Future Publishing | Getty Images Huawei said Monday it plans to hold a product launch event this month just hours after Apple‘s annual iPhone reveal as the Chinese technology giant looks

In this article HLT GOOGL AAPL Follow your favorite stocksCREATE FREE ACCOUNT South China Morning Post | South China Morning Post | Getty Images Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During

A sign that reads “Epic Intergalactic Headquarters” on campus. Epic Systems Dorothy Gale was right — the Land of Oz is not in Kansas. Rather, it’s nestled within the rolling green fields of Verona, Wisconsin, a town of nearly 16,400 people located about 10 miles southwest of the capital city of Madison. Verona is home

A worker prepares packages at an Amazon same-day delivery fulfillment center on Prime Day in the Bronx borough of New York, US, on Tuesday, July 16, 2024. Amazon.com Inc.’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce, which

Jaque Silva | SOPA Images | Lightrocket | Getty Images Brazil’s supreme court on Friday ordered a nationwide suspension of Elon Musk’s social network X after the company vowed to defy earlier court orders concerning content moderation and the appointment of a legal representative in Brazil. The court’s top judge, Alexandre de Moraes, has also

In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024.  CFOTO | Future Publishing | Getty Images Alibaba has completed a three-year regulatory “rectification” process following an antitrust fine it received on charges of monopolistic practices in 2021, China’s market regulator

In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel executives are working with multiple advisors to formulate options to address its flagging business, according to a person with knowledge

In this article MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Microsoft, Google and Amazon along with other tech companies have been getting creative in how they’re poaching talent from top artificial intelligence startups. Earlier this month, Google signed an unusual deal with Character.ai to hire away its prominent founder and more than one-fifth of its workforce

TOPSHOT – The photo taken on August 1, 2024 shows a general view of the driver’s seat and controls of a driverless robotaxi autonomous vehicle developed as part of tech giant Baidu’s Apollo Go self-driving project, in Wuhan, in central China’s Hubei province. Turning heads as they cruise past office buildings and malls, driverless taxis

The Twitter logo is displayed on a smartphone screen and on a computer screen in Athens, Greece, on April 20, 2024.  Nurphoto | Nurphoto | Getty Images A federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon Musk’s X. Because of U.S. District Judge Reed

In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024.  Sam Yeh | AFP | Getty Images Nvidia shares closed up 5% to $1,224.40 on Wednesday, giving the company a market cap above $3 trillion for the

In this article NVDA AAPL Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. David Paul Morris | Bloomberg | Getty Images Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.  Apu Gomes | Getty Images Australia on Wednesday announced it had dropped its legal battle against Elon Musk’s X to have graphic footage

In this article GOOGL LLY Follow your favorite stocksCREATE FREE ACCOUNT A view of Google Headquarters in Mountain View, California, United States on April 16, 2024.  Tayfun Coskun | Anadolu | Getty Images Eli Lilly CFO Anat Ashkenazi will become Alphabet’s new chief financial officer effective July 31, Google’s parent company announced Tuesday, almost a

The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images SoftBank Group shares rose as much as 6.3%

Intel wants to regain its position as the world’s leading chipmaker, CEO Pat Gelsinger said, after being overtaken by rivals TSMC and Samsung in recent years. “We want to build everybody’s chips, everybody’s AI chips. We want them to be built leveraging the U.S. factories,” Gelsinger told CNBC on the sidelines of the Computex tech

Raman Bhatia, incoming chief executive officer of Starling. Bhatia moved over from OVO Energy Ltd., where he was CEO.  Zed Jameson | Bloomberg | Getty Images AMSTERDAM — Digital bank Starling will not re-apply for a European Union banking license and instead pursue international expansion through its software business, the incoming CEO said, in a

In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, an artificial intelligence chip startup, launched its next-generation products on Wednesday as it looks to cash in on AI interest from businesses and offer an alternative to giants like Nvidia

Westend61 | Westend61 | Getty Images AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors, and is targeting an initial public offering in the next 18 months. The fundraising round was led by an undisclosed Southeast Asian sovereign wealth fund and backed by venture capital

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon workers arrive with paperwork to unionize at the National Labor Relations Board office in Brooklyn, New York, Oct. 25, 2021. Brendan Mcdermid | Reuters The Amazon Labor Union, the company’s first group of workers to organize at a U.S. warehouse, said Tuesday that it’s

In this article GS MS Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO bankers may finally have a reason to break out the champagne after an extended

Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI. One country that’s being left out: Saudi Arabia. As bankers line up a group of potential new Anthropic backers, the company has ruled out taking money from the Saudis, according to

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT The Justice Department’s top antitrust official said Friday that Apple shareholders should encourage the company to “compete on the merits,” one day after the government sued the iPhone maker over allegedly anticompetitive practices. “Competition on the merits is good for everybody,” Jonathan Kanter, assistant attorney

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multi-year process involving hundreds

Vodafone announced plans to cut 11,000 jobs as part of a turnaround plan from the company’s newly-appointed CEO Margherita Della Valle. Paul Hanna | Bloomberg | Getty Images The U.K.’s Competition and Markets Authority on Friday said Vodafone’s proposed merger with rival CK Hutchison will face an in-depth probe, unless the two mobile operators provide

A view shows the office of TikTok after the U.S. House of Representatives overwhelmingly passed a bill that would give TikTok’s Chinese owner ByteDance about six months to divest the U.S. assets of the short-video app or face a ban, in Culver City, California, March 13, 2024.  Mike Blake | Reuters Kevin O’Leary is putting

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens during a program at the Asia-Pacific Economic Cooperation Leaders’ Week at Apple Park in San Francisco on Nov. 17, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is

The Neuralink logo is displayed on a smartphone with Neuralink visible in the background in this photo illustration in Brussels, Belgium, on January 30, 2024. Jonathan Raa | Nurphoto | Getty Images Elon Musk’s startup Neuralink streamed a live video on Wednesday that showed a patient using the company’s brain implant to move a mouse

In this photo illustration a Reddit logo is seen displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according

In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022. Joshua Roberts | Reuters The White House said Intel has been awarded up to $8.5

In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer. “This will cost $30 to $40 thousand dollars,” Huang said, holding up the Blackwell chip. “We had to invent some new