Arm IPO: AI play in focus after huge Nvidia rally
Arm IPO: AI play in focus after huge Nvidia rally
The soaring interest in generative AI has seen . that designs the blueprint or "architectures" of certain semiconductors. These architectures are the overall designs, including components and programming language instructions that other com...
2023-09-14 10:41:42
<b>Britain's $4.5 billion digital bank Monzo debuts investments feature</b>
Britain's $4.5 billion digital bank Monzo debuts investments feature
Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into the massive financial investment market. The feature, called Investments, will allow Monzo's customers to i...
2023-09-14 10:41:36
Amazon follows Microsoft, investing big in carbon capture
Amazon follows Microsoft, investing big in carbon capture
After a recent infusion of government money into technology that sucks carbon out of the air, big business is getting in as well. announced Tuesday that it will help fund the world's largest deployment of direct air capture technology by pu...
2023-09-14 10:41:30
Russia's Vladimir Putin praises Elon Musk as an 'outstanding person'
Russia's Vladimir Putin praises Elon Musk as an 'outstanding person'
Russian President on Tuesday praised , calling the and SpaceX founder a "talented businessman." Putin made the comments at the Eastern Economic Forum in Vladivostok, Russia, as he spoke about Russia's space program. "Elon Musk ... is undoub...
2023-09-14 10:41:25
Arm IPO: Chipmaking giant TSMC to invest up to $100 million in shares
Arm IPO: Chipmaking giant TSMC to invest up to $100 million in shares
, the world's largest contract chipmaker, said Tuesday its approved an investment in Arm of up to $100 million when the British semiconductor designer goes public. Arm's initial public offering is slated for this week in the U.S. with . Thi...
2023-09-14 10:41:20
Fanatics hires former Opendoor exec to run sports merchandise business
Fanatics hires former Opendoor exec to run sports merchandise business
Fanatics has hired a new chief executive for its largest business unit, the latest executive move for the sports platform as it continues to build towards a potential IPO. Andrew Low Ah Kee, who most recently was the president of and was al...
2023-09-14 10:41:14
Walter Isaacson's book 'Elon Musk' hits shelves, details explosive enco
Walter Isaacson's book 'Elon Musk' hits shelves, details explosive enco
Walter Isaacson's book " " hit shelves Tuesday, and the author told CNBC's " " about a heated exchange he documented between the CEO and Bill Gates. Isaacson said his book chronicles the good, bad and ugly behind , and that one of the thing...
2023-09-14 10:41:08
Bitcoin, helped by possible short squeeze, rebounds from Monday slide
Bitcoin, helped by possible short squeeze, rebounds from Monday slide
The price of bounced Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. Bitcoin was last higher by 4.5% at $26,185.72, according to Coin Metrics. On Monday, bitcoin dipped below the key $25,00...
2023-09-14 10:41:03
Oracle stock suffers steepest drop since 2002 on weak forecast
Oracle stock suffers steepest drop since 2002 on weak forecast
shares plummeted 12% on Tuesday, their steepest drop in over two decades, after the software maker reported and issued weaker-than-expected guidance. The last time the stock had a steeper percentage drop was a 15% decline in March 2002, at...
2023-09-14 10:40:57
Apple USB-C adapter for iPhone 15 costs $29
Apple USB-C adapter for iPhone 15 costs $29
announced its new Tuesday, and the devices feature a new, widely anticipated USB-C charging port. By the time the event wrapped, Apple had already begun selling a on its website for $29. The adapter will be necessary for iPhone 15 customers...
2023-09-14 10:40:51
<b>Birkenstock IPO filing warns of knock-offs on Facebook</b>
Birkenstock IPO filing warns of knock-offs on Facebook
Birkenstock, the iconic sandal maker founded in 1774, filed its for an initial public offering on Tuesday, and warned investors of the risks posed by counterfeit brands that use social media to promote their products. The footwear company,...
2023-09-14 10:40:46
Amazon says it's boosting pay for contract delivery drivers
Amazon says it's boosting pay for contract delivery drivers
it plans to boost wages for contracted drivers as part of a $440 million investment this year into its third-party delivery program but declined to say by how much. The company announced the pay bump at an annual, closed-door conference cal...
2023-09-14 10:40:40
iPhone 15 Pro features new Apple-made A17 Pro chip
iPhone 15 Pro features new Apple-made A17 Pro chip
Apple today unveiled the new to plenty of fanfare. But there's also a big upgrade to the processor inside the 15 Pro and 15 Pro Max. The new A17 Pro chip, designed by , will have a six-core central processing unit and a six-core graphics pr...
2023-09-14 10:40:35
<b>DOJ v. Google: What hapened the first day of the anti-monopoly trial</b>
DOJ v. Google: What hapened the first day of the anti-monopoly trial
pays billions of dollars to make sure its search engine runs by default on internet browsers and phones, feeding a cycle that pumps its own monopoly profits while making it harder for rivals to gain significant market share in search, the g...
2023-09-14 10:40:29
Ripple says it will fight the SEC lawsuit 'all the way through'
Ripple says it will fight the SEC lawsuit 'all the way through'
U.S.-based cryptocurrency company Ripple says it's planning to fight the ongoing lawsuit with the U.S. Securities and Exchange Commission "all the way through." "We are planning to continue to fight the case all the way through," Monica Lon...
2023-09-14 10:40:23