Tag: business news
Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row
It's a first for the annual CNBC Disruptor 50 list: a company landing at No. 1 for the…
Fintech firm Klarna says 90% of its employees are using generative AI daily
Rafael Henrique | SOPA Images | LightRocket via Getty ImagesSwedish financial technology company Klarna said Tuesday that nearly…
38. Navan
Founders: Ariel Cohen (CEO), Ilan TwigLaunched: 2015Headquarters: Palo Alto, CaliforniaFunding: $1.5 billionValuation: $9.2 billionKey technologies: Artificial intelligence, cloud computing, machine…
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and…
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly…
U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
US Treasury Secretary Janet Yellen delivers remarks at the Treasury Department's Committee on Foreign Investment in the United…
Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
From left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe…
Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly
TAIPEI, TAIWAN - 2021/07/19: A foodpanda delivery man wearing a face mask rides past a Taiwanese flag ahead…
China drives EV boom this year amid strong demand for hybrid vehicles
New energy vehicles for export at Lianyungang Port, Jiangsu Province, China, on April 25, 2024. Nurphoto | Nurphoto |…
AI boom to keep supply of high-end memory chips tight this year, analysts warn
A Samsung Electronics Co. 12-layer HBM3E, top, and other DDR modules arranged in Seoul, South Korea, on Thursday,…
Melinda French Gates to resign from Gates Foundation, will pursue own philanthropy with $12.5 billion grant
Melinda Gates, co-founder of the Bill and Melinda Gates foundation arrives at the Elysee Palace in Paris, France…
Sri Lanka travel visa costs doubled to $100 last month. The reason for the hike is disputed
The cost to obtain a short-term visa to visit Sri Lanka rose from $50 to $100 in April.But…