Airbus Ventures launches $155 million fund focused on deep tech, space

Airbus Ventures launches 5 million fund focused on deep tech, space

Thomas d’Halluin, Managing Partner of Airbus Ventures, at Hangar One of NASA Ames Research Center’s Moffett Field in California. Airbus Ventures Airbus Ventures, one of the most prolific investors in space startups, has raised a $155 million fund that it plans to deploy across the burgeoning space sector, as well as the broader “deep tech” … Read more

JD Vance says he thinks Apple benefits from Chinese slave labor

JD Vance says he thinks Apple benefits from Chinese slave labor

Republican vice presidential nominee Ohio Sen. JD Vance on Thursday took a shot at Apple on CNBC’s “Squawk Box,” stating he thinks the company benefits from “slave labor” in China. His comment was part of a broader conversation about taxing companies that rely on manufacturing in China. “Do I think Apple is an evil company? No. Do … Read more

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Navient reaches 0 million settlement with CFPB for misleading student loan borrowers

Sopa Images | Lightrocket | Getty Images Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with student loan borrowers, the company tells CNBC. The CFPB sued Navient in 2017 for misleading borrowers and providing them with bad information, causing many to pay more than they needed … Read more

SpaceX performs historic first spacewalk with Polaris Dawn crew

SpaceX performs historic first spacewalk with Polaris Dawn crew

Polaris Dawn commander Jared Isaacman emerges from SpaceX’s Dragon capsule during a spacewalk on Sept. 12, 2024. SpaceX SpaceX pulled off its first spacewalk in the early hours of Thursday morning, in a historic first for a company. The marquee event of the private Polaris Dawn mission went smoothly, with two of the crew members … Read more

Noom to offer GLP-1 drug through new weight loss program

Noom to offer GLP-1 drug through new weight loss program

Digital health company Noom on Thursday announced it will offer a compounded GLP-1 drug as part of a new weight loss product that starts at $149.  The treatment will feature compounded semaglutide, the same active ingredient in Novo Nordisk’s blockbuster obesity and diabetes drugs Wegovy and Ozempic. Noom has offered weight loss programs for years, … Read more

Apple turns AirPods into hearing aids, focusing on big health market

Apple turns AirPods into hearing aids, focusing on big health market

Soon, people with AirPods in their ears might not be drowning you out — they might be wearing them to hear you better. Apple announced on Monday that its AirPods Pro 2 headphones will become an FDA-cleared hearing aid in the coming weeks through a software update. That means that adults with mild or moderate … Read more

Asian chip-related stocks rally on renewed AI optimism

Asian chip-related stocks rally on renewed AI optimism

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024.  Annabelle Chih | Bloomberg | Getty Images Asian chipmaking heavyweights extended Wall Street’s rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling’s outlook. The founder of the artificial intelligence … Read more

Dutch neobank Bunq on hiring spree, with focus on digital nomads

Dutch neobank Bunq on hiring spree, with focus on digital nomads

Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and underserved” market of some 2.8 million British “digital nomads.” Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Dutch challenger bank Bunq told CNBC that it plans to grow its global headcount by 70% this year to over … Read more

California attorney general cautions tech leaders on voter deception

California attorney general cautions tech leaders on voter deception

California Attorney General Rob Bonta discusses Michelle Mack’s case in an interview on Feb. 16, 2024. CNBC California Attorney General Rob Bonta cautioned executives at social media and other tech companies to work harder to protect voters from “deception, intimidation, and dissuasion,” ahead of the November election. “Millions of Californians rely on social media and … Read more

UK labels data centers critical infrastructure to boost cybersecurity

UK labels data centers critical infrastructure to boost cybersecurity

Data centers today are crucial computing infrastructure that power the modern-day internet. In Pictures Ltd | Andrew Aitchison | Corbis News | Getty Images LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected to boost cybersecurity in the country and help operators of … Read more