The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company
German company Lilium produces flying electric passenger drones. Lilium German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a startup once touted as Europe's best chance at building the 21st-century equivalent of "cars" that can
In a groundbreaking move, Volvo Trucks is set to revolutionize the long-haul transport industry with its next-generation FH Electric truck. Slated for release in the second half of 2025, this electric behemoth promises to deliver up to a 373-mile range on a single charge. Let's dive into what this means for the future of trucking.
Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth of tokens in circulation. Nurphoto | Getty Images LONDON — The U.K. is likely to see stablecoin laws introduced in a matter of "months, not years," according to crypto firm Circle's top policy executive. Dante Disparte
A smartphone with a Qualcomm logo is placed on a computer motherboard in this illustration taken on March 6, 2023. Dado Ruvic | Reuters Qualcomm shares fell nearly 5% in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm. Arm has given Qualcomm
A new pioneering Alzheimer's drug has been rejected for widespread use in the NHS in England. The announcement comes as the UK's medicines regulator said that donanemab could be licenced for use in the UK. However, the health spending watchdog, the National Institute of Health and Care Excellence (NICE), said that it "does not currently
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Company has denied that the U.S. was investigating its dealings with Chinese tech company Huawei, following reports that its chips were found in
Amazon Flex driver Ricardo Escalona works to deliver his same-day orders during Cyber Monday from an Amazon fulfillment center in Tampa, Florida, on Nov. 27, 2023. Octavio Jones | Getty Images News | Getty Images Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers, CNBC has learned. The company
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Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP. Chris Goodney | Bloomberg | Getty Images Salesforce shares jumped 98% in 2023 in part after the business software maker increased its adjusted operating margin after Starboard Value and other activist investors raised concerns about the company's financial performance. Starboard now sees