Tag: business news
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AI agents will have ‘capability’ of human traders, Robinhood CEO tells CNBC
Vlad Tenev spoke about the potential of AI agents in trading in an interview with CNBC.
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Nvidia offers start-up customers chance to swap compute power for revenue share
Nvidia says it will give start-ups the chance to swap access to compute power for a slice of future profits under a new program aimed at AI-focused firms.
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Google loses fight over record $4.7 billion EU antitrust fine
In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android’s mobile dominance.
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M&A is ‘on fire’ as large-cap firms simplify, Citi UK CEO says
Citi U.K. CEO Tiina Lee said U.K. M&A is “on fire” as companies simplify and overseas buyers target British assets.
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Apple plans five new iPhones through 2027, eyes Chinese-made chips amid foldable push, reports say
Apple is planning five new iPhones by 2027 and is considering Chinese memory suppliers as it expands foldable production, reports say.
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Meta says WhatsApp usernames are safeguarded against scams after India flags cybersecurity risks
Meta has defended its WhatsApp username feature after the Indian government raised cybersecurity concerns.
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Tank maker KNDS postpones IPO amid market struggles for defense
Shareholders of the Amsterdam-based company have decided the process to IPO will proceed “upon the return of more favorable market conditions,” KNDS said.
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Amazon is designing its own AI chips for Echo, Fire TV and future devices, exec tells CNBC
Amazon hardware chief Panos Panay says the company is designing custom chips for key devices as it experiments with AI gadgets.
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Russia launches massive strike on Ukraine as Poland scrambles jets, Finland restricts airspace
The Russian defence ministry said that it launched a “massive strike using long-range precision air, land, and sea-based weapons and attack drones.”
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Shares of BYD and Xiaomi surge as June delivery figures fuel optimism
Hong Kong-listed shares of Chinese electric vehicle makers surged, after companies posted June vehicle data that helped to buoy investor sentiment.
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