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Friday, June 18, 2021
HMD Global's new Nokia X20 smartphone.Ryan Browne | CNBCLONDON — The company behind the Nokia mobile brand refreshed its smartphone lineup on Thursday with a slew of new budget models, as it struggles to compete with established players like Samsung and Apple.Finnish start-up HMD Global has held the license to design and sell Nokia handsets since i...
In this articleWWEExecutives at World Wrestling Entertainment said it the best – WWE is not a technology company. Instead of operating as a streaming service, it now wants to return to making content.WWE will host the Super Bowl of wrestling this weekend with its WrestleMania event on NBCUniversal's Peacock streaming service. It's part of a more th...
Jesse Powell, CEO of cryptocurrency exchange Kraken, sits for a photograph at the company's San Francisco office in 2014.David Paul Morris | Bloomberg via Getty ImagesCryptocurrency exchange Kraken is considering going public through a direct listing in 2022, after seeing record trading volumes and new clients amid a surge in the price of bitcoin.F...
Embark technology brings driverless systems to trucks made by major manufacturers.EmbarkEmbark, a start-up developing driverless truck technology, is partnering with Anheuser-Busch InBev, Werner Enterprises and other major shippers and cargo haulers to make sure that autonomous systems work within the growing ground freight industry.The start-up's ...
Nineteen Eighty-Fortnite adEpic GamesOn Wednesday, Apple and Epic Games laid out in separate dueling legal filings what they consider to be the key facts and main legal issues ahead of an antitrust trial that's scheduled to start in May.Apple and Epic Games, best known for its game Fortnite, have been in a legal battle since last year after Epic Ga...
In this articlePLTRPYPLTechnicians make repairs to bitcoin mining machines at a mining facility operated by Bitmain in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017.Qilai Shen | Bloomberg | Getty ImagesChina could end up exceeding its emissions reduction targets as a result of carbon-intensive bitcoin mining, according to a study published...
Francesco Simoneschi, CEO and co-founder of U.K. fintech start-up TrueLayer.TrueLayerLONDON — British financial technology start-up TrueLayer says it's raised $70 million in fresh funding, highlighting continued appetite from investors for fast-growing fintech firms.TrueLayer lets fintech apps like Revolut and Freetrade connect with customers' bank...
In this articleAMZNPeople protest in support of the unionizing efforts of the Alabama Amazon workers, in Los Angeles, California, March 22, 2021.Lucy Nicholson | ReutersMore than 3,200 ballots were cast in a high stakes union election at one of Amazon's Alabama warehouses, according to the Retail, Wholesale and Department Store Union.The election w...
In this articleGOOGLFBPeter Thiel, co-founder and chairman of Palantir Technologies Inc., speaks during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019.Kiyoshi Ota | Bloomberg | Getty ImagesTech investor Peter Thiel criticized big U.S. technology companies for being too close to China at a Tuesday appearance at a virtual event held by t...
In this articleUBERUber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.Philip Pacheco | AFP via Getty ImagesUber said Wednesday it will spend $250 million on a one-time stimulus aimed at getting drivers back on the road, as states begin to pull back some of their pandemic restrictions and r...
In this articleAXPClose-up of logo for finance company Kabbage on paper on a light wooden surface, June 13, 2019.Smith Collection/Gado | Archive Photos | Getty ImagesWhen the pandemic shut down Dawn Lindsay's family carpet cleaning business last year, the U.S. government's paycheck protection program provided a brief but essential lifeline. To get ...
Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California.Brooks Kraft/Apple Inc/Handout via ReutersiPhones will soon be able to track lost items using a built-in app called Find My, Apple announced on Wednesday.The first products that work with Find M...