In this article9984.T-JPKlarna CEO Sebastian Siemiatkowski speaks at a technology and music conference in Stockholm, Sweden.Johan Jeppsson | Bloomberg via Getty ImagesKlarna, a European buy-now-pay-later company, is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.The investment is being backed by...Read More
In early May, Cybereason CEO Lior Div took his first trip back to Israel since before the pandemic to visit his 300 employees based there. It's a journey he used to make every few months from Boston, where his company is headquartered.The visit was much more eventful than he'd anticipated. A few days into Div's...Read More
In this articleSPCXPACXNoah Kerner, CEO of Acorns.Adam Jeffery | CNBCSavings and investing app Acorns plans to go public by merging with a blank-check company.The fintech start-up announced a deal Thursday to combine with Pioneer Merger Corp., a publicly traded special purpose acquisition company, or SPAC. The merger values Acorns at roughly $2.2 billion and is...Read More
In this article.FKRX300Ada HealthGerman digital health firm Ada Health, which has developed a doctor-in-your-pocket style app that uses artificial intelligence to try and diagnose symptoms, has been backed by investment arms of South Korea's Samsung and German pharmaceutical giant Bayer.Headquartered in Berlin, Ada Health announced Thursday that it has raised a $90 million funding round...Read More
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background.Justin Tallis | AFP via Getty ImagesLONDON — The European Union needs to be more ambitious in its control of Big Tech and smaller acquisitions that often go under the radar, Germany, France and...Read More
People walking at Strandvagen in Stockholm.JONATHAN NACKSTRANDLONDON — A study has found that most Europeans would like to see some of their members of parliament replaced by algorithms.Researchers at IE University's Center for the Governance of Change asked 2,769 people from 11 countries worldwide how they would feel about reducing the number of national parliamentarians...Read More
In this articleNVDAIn February, as cryptocurrency prices spiked, Nvidia released new processors specifically for mining crypto. They can't power a computer monitor, but they can generate valuable ether coins.On Wednesday, the company provided an update on how its cryptocurrency, or CMP, cards are faring in the market. It booked $155 million in revenue from CMP...Read More
In this articleSNOWView through Montana ranch entrance to rangeland with a view of central Montana's snow covered Crazy Mountains in the background, The Crazy Mountains rise to over 11,000 feet and are located north of Interstate-90 between Billings and Bozeman Montana; they can be seen for many miles along this stretch of Interstate. (Photo by:...Read More
In this articleAMZNAmazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington.Paul Morigi | Getty Images | AmazonJeff Bezos on Wednesday stewarded his last shareholder meeting as CEO of Amazon, highlighting the company's successes in the previous year, while acknowledging it has many...Read More
Even in a post-pandemic world, celebrities with millions of fans — as well as those with just a few hundred fans — are turning to platforms where they can control their relationships, data and the content they create. Patreon, which has amassed a $4 billion valuation in just eight years, is a platform for doing...Read More
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