Zilch CEO Phil Belamant. Zilch LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an initial public offering. The company, which offers shoppers … Read more
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Fisker on Monday became the latest all-electric vehicle startup to file for … Read more
Nvidia CEO Jensen Huang attends an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Nvidia, long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world. Shares of the chipmaker climbed 3.2% in mid-day trading on Tuesday, lifting the … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. U.S stocks edged higher Tuesday while Treasury yields ticked down following softer-than-expected retail sales data for May. There was a bright spot in spending for electronics and appliances stores, which … Read more
Xreal, an augmented reality glasses maker, has launched a connected Beam Pro mobile device that allows users to capture spatial video and 3D images. Xreal BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new Android mobile device from augmented reality glasses maker Xreal, the … Read more
Apple has a number of “very serious” issues under the European Union’s sweeping rules aimed at reining in Big Tech, the bloc’s competition chief Margrethe Vestager told CNBC on Tuesday, following reports that regulators are preparing charges against the iPhone maker. In March, the European Commission, the EU’s executive arm, opened a probe into Apple, … Read more
The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Nvidia‘s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant while cutting dramatically back on Apple. The index that … Read more
Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later program that launched last year. The move comes after Apple said it would … Read more
10 things to watch Monday, June 17 Markets were indicated for a muted open Monday following a mixed session Friday that saw the S & P 500 and the Dow dip while the Nasdaq edge higher to close at another record high. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P … Read more
Apple Watch Series 9 Source: Apple Inc. Apple Analyst Ming-Chi Kuo said in a blog post on Monday that the next Apple Watch will be thinner and have a larger screen. The Apple Watch Series 10 is expected to be released in September when the company typically introduces its next batch of wearables and new … Read more
