Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a CNBC-moderated panel at Web Summit 2024 in Lisbon, Portugal. Rita Franca | Nurphoto | Getty Images LISBON, Portugal — It’s a tough time for the venture capital industry right now as a dearth of blockbuster
Technology
The Oura Ring 4 Courtesy: Oura LISBON — Samsung’s foray into smart rings isn’t concerning the boss of the product category’s pioneer, Oura — in fact, Tom Hale says he’s seeing a boost in business. “I’m sure that a major tech company making an announcement saying: ‘Hey, this is a category that matters. It’s going to be
Republican presidential nominee, former U.S. President Donald Trump, (C) greets attendees during a campaign stop to address Pennsylvanians who are concerned about the threat of Communist China to U.S. agriculture at the Smith Family Farm September 23, 2024 in Smithton, Pennsylvania. Win Mcnamee | Getty Images After Donald Trump won the U.S. presidency last week,
Jaque Silv | SOPA Images | Lightrocket | Getty Images Denmark on Wednesday laid out a framework that can help EU member states use generative artificial intelligence in compliance with the European Union’s strict new AI Act — and Microsoft‘s already on board. A government-backed alliance of major Danish corporates, led by IT consultancy Netcompany,
In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters Spotify shares rose in extended trading on Tuesday after the music streaming company issued a profit forecast for the fourth
The Oura Ring 4. Courtesy: Oura LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung’s smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130
Dado Ruvic | Reuters The estate of collapsed crypto exchange FTX has filed a suit against Binance and its former CEO Changpeng Zhao in an effort to wrest back at least $1.76 billion, citing a “fraudulent” share deal. In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Cryptocurrencies extended their rally on Sunday, with bitcoin touching $80,000 for the first time ever. The price of the flagship cryptocurrency was last higher by 4.5% at $79,800.19, according to Coin Metrics. Ether rose 3%,
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024, in this still image taken from a video. Tesla | Via Reuters Tesla has falsely suggested in social media posts that its cars are autonomous, potentially misleading and endangering drivers, according to
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Shares of Tesla climbed more than
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year Thursday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus
In this article PINS Follow your favorite stocksCREATE FREE ACCOUNT Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares plunged as much as 15% on Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite
Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images President-elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say. The legislation, which provides incentives for chipmakers to set up manufacturing in the
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty Images Election Day proved hugely successful for the crypto industry. Nobody was a bigger
In this article DOGE.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Elon Musk’s twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged early Wednesday on the back of election results that showed former President
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Manuel Augusto Moreno | Moment | Getty Images Cryptocurrencies were slightly higher Tuesday evening as investors waited for direction on the potential outcome of the U.S. presidential election. The price of bitcoin was last higher by 2% at $69,105.03, according to Coin Metrics. Earlier, it
In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT The Nintendo Switch game console store in Shanghai, Feb 25, 2024. Cfoto | Future Publishing | Getty Images Nintendo on Wednesday said it will allow current Switch games to be played on the hit console’s successor as it looks to drum up excitement among its
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google has been moderating and removing employees’ internal election-related conversations, CNBC has learned. Ahead of Tuesday’s U.S. elections, Google executives warned employees to keep political opinions and statements away from a popular internal discussion forum called Memegen, according to correspondence viewed by CNBC.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk attends a discussion session during the Cannes Lions International Festival Of Creativity in Cannes, France, June 19, 2024. Marc Piasecki | Getty Images A day after its sharpest rally since 2013, Tesla’s stock on Friday headed for its highest close in more than
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