Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Ima...
Tag: Technology
Tesla Snatches a Coveted Relic from GM and Ford
The automotive sector is upside down. While it is clear that the new path is electrification, it is still difficult to say which carmakers will be the winners except for Tesla (TSLA) – Get Tes...
How Headspace Health is tackling the global mental health crisis
In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. In 2013, the idea of an app for mental health-care may have seemed novel, if not monume...
Brooklyn Nets dysfunction weighs on business prospects
The Brooklyn Nets’ Kyrie Irving (left) has a pat for teammate Kevin Durant as the Celtics were expanding their lead in the second half of Game Four of their first round NBA playoff series at Bar...
What Ford, a 9-to-5 workweek pioneer, is learning about hybrid work
Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images After several setbacks and delays due to the Covid-19 pandemic, Ford Motor Co. finally s...
CrossFi Technology To Revolutionize The Ways Payments Are Done: Interview With Alexander Mamasidikov
Advertisement     The modern financial industry is going through a transformation, and there is more and more talk about what kind of role cryptocurrencies will play i...
Huawei’s first quarter revenue tumbles as smartphone sales plunge
Huawei’s smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers. Costfoto | Future Publishing | Getty Images BEIJING — ...
Argentina considering switching all operations to distributed-ledger technology
On Monday, Mayor Horacio Rodríguez Larreta of Buenos Aires, the capital of Argentina, announced that the city is on the verge of recognizing crypto as a medium that could be used for various financial...
PayPal Trims 2022 Outlook But Beats Revenue Forecast
PayPal lowered its forecast for adjusted profit for 2022 to a range of $3.81 to $3.93 a share. Justin Sullivan/Getty Images Text size PayPal Holdings said its first quarter was a “solid start” but cut...
Teladoc stock plunges more than 30% after earnings outlook slashed, massive impairment charge
Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took an impairment charge of more than $6.5 billion and slashed its full-year outlook. Telad...
Spotify stock sinks to lowest prices ever as CEO insists it is not like Netflix
Spotify Technology SA shares dove to their lowest prices on record Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming-music service’s chief executive insis...
China’s Beijing city loosens robotaxi rules for Baidu Apollo Go, Pony.ai
Chinese tech companies Baidu’s Apollo Go and Pony.ai announced Thursday they received permission from Beijing city authorities to remove the safety driver for part of their robotaxi business in ...
Robinhood shares are now 75% below last July’s IPO price after job cuts announcement, but analysts are unfazed
Shares of Robinhood Markets Inc. sank to a fresh low on Wednesday, after the online-trading platform said it’s cutting 9% of its workforce after a rapid expansion that started in 2020 when stay-at-hom...
Nvidia, AMD, Semiconductor Stocks Hit Despite Chip Shortage
Shares of the major semiconductor producers have been heavily pressured even in the face of strong and broad demand for chips. The shares of Nvidia (NVDA) – Get NVIDIA Corporation Report, Advan...
How Blockchain Technology Can Play a Role in Preserving Natural Capital
Blockchain and crypto are changing major industries around the world. From banking to supply chains, it revolutionizes several aspects across businesses and industries of all sizes. The crypto market ...
Warren Buffett Stocks That Are Holding Up Well During This Sell-Off
financial graph getty These 3 value stocks held by Warren Buffett and Charlie Munger in their Berkshire Hathaway BRK.A portfolio are holding up better than the big name, big tech stocks in the NASDAQ ...
Opinion: Why I don’t want bitcoin in my 401(k)
Hooray! At long last, the company managing my 401(k) plan will allow me to bet up to 20% of my retirement funds on a digital Ponzi scheme that generates no income and has no practical use. Fidelity In...
Gibraltar unveils new cryptocurrency rules against market manipulation
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency ind...
Blockchain Technology: Enabling A Decentralized Future
What started as a distributed digital ledger enabling a peer-to-peer network has now become a whole new dimension of the internet. Blockchain, the underlying technology of cryptocurrencies, evolved in...
Elon Musk’s SpaceX launches NASA Crew-4 astronaut mission
A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft Freedom launches the Crew-4 mission from NASA’s Kennedy Space Center in Florida on April 27, 2022. Aubrey Gemignani |...
Warren Buffett and Berkshire Hathaway are once again outperforming the stock market. Apple is one big reason but these other 10 stocks also helped
During the long, tech-driven bull market, you may have seen more than one article suggesting Berkshire Hathaway CEO Warren Buffett’s investing style was no longer valid. With Buffett leading the congl...