Getty Images The European Union on Thursday confirmed its decision to hike tariffs on electric vehicles imported from China — with one automaker issuing fresh warnings that it may have to raise prices as a result. The European Commission, the executive arm of the European Union, announced plans for such levies in June after concluding
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In this article 9984.T-JP ARM Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, CEO of SoftBank, speaks during the company’s annual general meeting in Tokyo on June 20, 2024. Kosuke Okahara | Bloomberg | Getty Images SoftBank Group shares hit a record high on Thursday, just as the company’s massive tech investment arm shows signs
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A logo sits illuminated at the Microsoft booth in the Mobile World Congress 2024 in Barcelona on Feb. 26, 2024. Xavi Torrent | Getty Images News | Getty Images Microsoft is paying $14.4 million to settle a case in California over allegations that the company
BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images Chinese electric vehicle startup BYD is on track to overtake Tesla in battery electric vehicle sales this year, with its BEV market share expected to surge,
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Brand-new Tesla cars sit parked at a Tesla dealership on May 31, 2024, in Corte Madera, California. Justin Sullivan | Getty Images Tesla on Tuesday posted its second-quarter vehicle production and deliveries numbers for 2024. Here are the key numbers: Total deliveries Q2 2024: 443,956 vehicles Total production
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of being granted a U.K. banking license, as a jump in users saw the firm report record full-year pre-tax
Chris Marchese (L), director of the NetChoice Litigation Center, looks on as Matt Schruers (C), president and CEO of the Computer & Communications Industry Association, speaks to reporters outside of the U.S. Supreme Court in Washington, D.C., on Feb. 26, 2024. Andrew Caballero-Reynolds | AFP | Getty Images The Supreme Court on Monday wiped existing
The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting renewable energy adoption. Shih-wei |
Users of collapsed bitcoin exchange Mt. Gox have been trying to get their money back for a decade. From the beginning of July, the company will begin paying users back their funds. Kiyoshi Ota | Bloomberg | Getty Images Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago after a major
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Attendees walk through an expo hall at AWS re:Invent, a conference hosted by Amazon Web Services, at the Venetian in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Entertainment | Getty Images Amazon will double the value of credits it offers some
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon is ramping up its development of artificial intelligence technology, hiring top talent from AI agent startup Adept and licensing the company’s technology. Rohit Prasad, a
Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is known for producing tech businesses that start in garages and turn into massive publicly traded companies ubiquitously known across the globe. From Oracle and Microsoft to Google and Facebook, the public
Honor CEO George Zhao (L) and GSMA CEO John Hoffman on stage at Shanghai Mobile World Congress during an awards ceremony on June 27, 2024. Honor HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of Chinese smartphone company Honor, George Zhao, told CNBC in
In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images The news industry just gained a powerful ally in its effort to take
In the 13th arrondissement of the French capital Paris is an old rail freight station that has been converted into the world’s biggest startup campus. Known as Station F, the massive complex, which can house 1,000 startups and has corporate partners including U.S. tech giants like Meta and Google, underscores France’s push over the last
In this article MU Follow your favorite stocksCREATE FREE ACCOUNT Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters Micron shares fell almost 8% in extended trading on Wednesday
In this article SE Follow your favorite stocksCREATE FREE ACCOUNT BRAZIL – 2022/03/22: In this photo illustration, a woman’s silhouette holds a smartphone with a Shopee logo in the background. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shopee and its courier service Shopee
In this article GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Waymo robotaxis are now open to all users in San Francisco, expanding the self-driving ride-hailing service, which has been available in the city
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its
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