JPMorgan Chase & Co. signage is illuminated at night at a bank branch in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images LONDON — British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. The cash injection was led
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An activist from the Extinction Rebellion (XR) climate change group sits on a giant wooden rocket as they block the exit to an Amazon distribution centre in Tilbury, east of London. BEN STANSALL | AFP | Getty Images Protestors from the Extinction Rebellion movement blockaded Amazon distribution centers across the U.K. on Friday as part
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in a company-wide email obtained by CNBC, to look for ways to reduce the cost of
JD Vance, the venture capitalist and author of “Hillbilly Elegy,” takes photos with supporters after a rally Thursday, July 1, 2021, in Middletown, Ohio, where he announced he is joining the crowded Republican race for the Ohio U.S. Senate seat being left by Rob Portman. Jeff Dean | AP Republican Ohio Senate candidate J.D. Vance,
In this article ZM NFLX EXPE Shares of Zoom were up more than 10% before markets opened on Friday morning as a new Covid variant raised concerns in South Africa. Other stocks that have benefited from stay-at-home trends during the pandemic were also up. Peloton stock popped more than 8% before markets opened while Etsy,
In this article AAPL Tim Cook introduces iPhone 13 Source: Apple Inc. Apple’s computerized glasses will be as powerful as its Mac computers and launch at the end of 2022, top analyst Ming-Chi Kuo of TFI Asset Management said in a note to investors Friday. Kuo has a stellar track record at predicting future Apple
In this article 9984.T-JP DIDI A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China — Shares of SoftBank extended their losses on Friday after Bloomberg reported
India is set to propose a new cryptocurrency bill in parliament, and investors are trying to make sense of what this might mean for the future of virtual coins in South Asia’s largest economy. Lawmakers may ultimately opt to impose tough regulations on the crypto market instead of an outright ban on private coins, according
In this article 700-HK People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters GUANGZHOU, China — Tencent must get approval from Chinese regulators to send out updates for its apps, state broadcaster CCTV reported Wednesday. The move comes after regulators found several
In this article FB Adam Mosseri, Facebook Beck Diefenbach | Reuters Instagram’s chief executive Adam Mosseri is expected to testify before Congress for the first time the week of Dec. 6, a spokesperson for Sen. Richard Blumenthal, D-Conn., confirmed to CNBC. “After bombshell reports about Instagram’s toxic impacts, we want to hear straight from the
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Several hundred Google employees have signed and circulated a manifesto opposing the company’s vaccine mandate, posing the latest challenge for leadership as it approaches key deadlines for returning workers to offices in person. The Biden administration has ordered U.S. companies with 100 or
In this article AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple on Tuesday sued NSO Group, an Israeli firm that sells software to government agencies and law enforcement that allows them to hack
In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England. Jack Taylor | Getty Images News | Getty Images Fintech company Ripple is making great strides in its legal feud with the U.S. Securities and Exchange Commission, CEO Brad Garlinghouse told CNBC on Monday.
In this article RIVN AFRM RBLX A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Some of the year’s hottest tech IPOs including Rivian, Affirm and Roblox plummeted in the market on Monday, as the
In this article CMCSA DISH T SBGI AMZN AAPL Nikola Jokic #15 of the Denver Nuggets shoots the ball during the game against the San Antonio Spurs during Game Five of Round One of the 2019 NBA Playoffs on April 23, 2019 at the Pepsi Center in Denver, Colorado. Bart Young | National Basketball Association
In this article RBLX FB A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Online dating apps, a crypto exchange and a professional wrestling brand are among