Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021, according to financial accounts released Wednesday, as subscriptions to its paid packages and overall usage of its app grew sharply. The company reported revenues of £636.2 million
Technology
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Chinese state-run newspaper issued a warning to Tesla CEO Elon Musk after he shared reporting on the U.S. Department of Energy’s “low confidence” assessment that the global Covid pandemic originated in a Wuhan laboratory. CNBC’s Eunice Yoon reported Tuesday morning on the warning from
European Commissioner for Internal Market Thierry Breton delivers a speech during a press conference at the Mobile World Congress in Barcelona. Josep Lago | Afp | Getty Images BARCELONA — A top European Union official insisted Monday that the debate around tech giants paying for their usage of telecom networks is not sparking a “battle”
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares climbed almost 7% in extended trading on Monday after the video chat company reported fiscal fourth-quarter results that exceeded analysts’
Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters Elon Musk, the CEO of SpaceX, Tesla and Twitter, has accused “the media,” and “elite colleges and high schools” of being “racist” against white and Asian people, espousing his views without providing evidence on Sunday. Musk posted
Xiaomi is trying to push into the high end of the smartphone market with the Xiaomi 13 Pro. It will pit the Chinese giant against rivals Apple and Samsung. CFOTO | Future Publishing | Getty Images Xiaomi launched its flagship smartphone globally on Sunday as the Chinese electronics giant attempts to take a slice of
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The U.S. Supreme Court against a blue sky in Washington, D.C., US. Photographer: Stefani Reynolds/Bloomberg Bloomberg Creative | Bloomberg Creative Photos | Getty Images A legal test that Google’s lawyer told the Supreme Court was roughly “96% correct” could drastically undermine the liability shield that
In this article NOK NOKIA-FI Follow your favorite stocksCREATE FREE ACCOUNT The Nokia G22 smartphone from Finnish firm HMD Global comes with a removable back to let you swap out broken parts. HMD Global The next smartphone to come from mobile icon Nokia is a handset that users can repair themselves. The Nokia G22, developed
Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. Dimitrios Kambouris | Getty Images Elon Musk’s Twitter was sued again in California this week for alleged failure to pay a vendor. The latest complaint comes from
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta has trained and will release a new large language model to researchers, CEO Mark Zuckerberg announced on Friday. The model, called LLaMA, is intended
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Software that can write passages of text or draw pictures that look like a human created
Shou Zi Chew, chief executive officer of TikTok Inc., speaks during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 16, 2022. Bryan van der Beek | Bloomberg | Getty Images The European Commission, the executive arm of the EU, banned its employees from using TikTok on their smartphones amid concerns from Western governments
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum annual meeting in Davos. Fabrice Coffrini | AFP | Getty Images Google is asking cloud employees and partners to share their desks and alternate days with their desk mates starting next quarter,
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Tesla CEO Elon Musk and his staff met Wednesday with California Governor Gavin Newsom to tour Tesla’s new engineering headquarters. Sources close to
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A reception desk at Amazon offices in downtown Seattle, Washington. Glen Chapman | AFP | Getty Images Amazon employees on Tuesday continued to sound off about CEO Andy Jassy’s recently announced return-to-office mandate, including spamming an internal website with messages conveying their opposition to the
In this article NVDA MSFT ATVI Follow your favorite stocksCREATE FREE ACCOUNT BRUSSELS — Microsoft said Tuesday it will bring its Xbox PC games to Nvidia’s cloud gaming service, after the chipmaker had reportedly expressed opposition to a major Microsoft gaming deal. The announcement comes after Microsoft President Brad Smith met with European Union officials
Singapore’s new digital retail banks are offering lower fees, more incentives and waiving minimum account balances to win over customers from traditional banks. But how viable is this in the long run? Bloomberg | Bloomberg | Getty Images SINGAPORE — Digital retail banks in Singapore are pulling out all stops to win new customers. Trust
In this article DARK-GB Follow your favorite stocksCREATE FREE ACCOUNT Darktrace, one of the U.K.’s largest cybersecurity companies, was founded in 2013 by a group of former intelligence experts and mathematicians. Omar Marques | SOPA Images | LightRocket via Getty Images LONDON — Cybersecurity firm Darktrace on Monday said it has appointed auditing firm EY
Tim Berners-Lee is credited with inventing the World Wide Web in 1989. But he has been dissatisfied with the way his original vision for the web has panned out. Rita Franca | Nurphoto | Getty Images Tim Berners-Lee, the inventor of the World Wide Web, called cryptocurrency “dangerous” and likened it to gambling in an
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Visitors take photos in front of the Meta (Facebook) sign at its headquarters in Menlo Park, California, on December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Meta is rolling out a new paid verification subscription service called Meta Verified, CEO Mark Zuckerberg
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