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
Workers stock shelves at an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024. David Ryder | Bloomberg | Getty Images On a humid afternoon in August, a few hundred shoppers lined up outside an Amazon Fresh supermarket in a Philadelphia suburb, eagerly awaiting the store’s grand opening. A person in … Read more
We recently reported that Lucid is going to start aiming downmarket with a lineup of cheaper vehicles, and just a few days later we’re getting our first real look at what one of those cars will look like. Lucid posted a teaser image of its upcoming midsize crossover, giving us a pretty good look at … Read more
Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country as part of the tech giant’s effort to boost its cloud offer in Europe, four people familiar with the matter said. Cesc Maymo | Getty Images News | Getty Images … Read more
Cunaplus_m.faba | Istock | Getty Images Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided a discount of up to $30 per month for some qualifying households … Read more
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the … Read more
The European Union flag is seen with Google’s logo. Jaap Arriens | NurPhoto | Getty Images Europe’s top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service. CNBC has reached out to Google for comment. The fine stems … Read more
Good morning! It’s Monday, September 9, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla’s Autopilot Labeling Site Sound Like Hell In order for … Read more
Electric vehicles aren’t cheap yet. I mean, to be fair, no cars are cheap anymore with an average transaction price above $48,000, but now “luxury” EV makers looking to capitalize on a market looking for cheaper all-electric vehicles. Tesla, Rivian, Lucid and even VinFast are planning on bringing cheaper offerings to the U.S. and more … Read more
Photo: TIMOTHY A. CLARY/AFP (Getty Images) SpaceX launched a test rocket last November that managed to explode twice in the air. That sort of event doesn’t happen every day, so it gave geophysicists a chance to see what exactly that kind of trauma does to the Earth’s atmosphere. The verdict? It’s not great! 2025 Jetta … Read more
