Tag Archives: CNBC

PayPal CEO’s first year was praised by Wall Street, but hard part starts now for struggling payments company

PayPal CEO Alex Chriss just wrapped up his first year on the job, and his company’s stock had its best quarterly performance since 2020.

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London-based Robinhood rival Freetrade buys UK arm of Australian investing platform Stake

British retail investing app Freetrade has entered into an agreement with Australian rival Stake to take on all of the company’s U.K. clients and their assets.

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Robinhood launches crypto transfers in Europe as it pushes overseas expansion

Retail investing platform Robinhood is setting sights on an EU expansion as part of broader plans to increase its global foothold.

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Cybersecurity firm Proofpoint considers pre-IPO funding as it plots a return to public markets

It would mark the second time Proofpoint has gone public after the company was acquired in 2021 by private equity firm Thoma Bravo for $12.3 billion.

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AI chipmaker Cerebras files for IPO to take on Nvidia

Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.

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Google to invest $1 billion in Thailand to build a data center and accelerate AI growth

Google is investing 36 billion Thai baht ($1 billion) into Thailand to build a new data center and expand its cloud infrastructure, the company said Monday.

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Bitcoin and crypto stocks sink after last week’s rally, but still head for a positive September

Bitcoin and crypto stocks retreated on the final trading day of September following a rally last week.

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Why it’s time to take warnings about using public Wi-Fi, in places like airports, seriously

Internet ‘evil twins’ are stalking airport Wi-Fi connections and the cybercriminals behind the rising attacks are rarely caught.

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Inside one of the first all-female hacker houses in San Francisco

HackHer House is an all-female hacker house in San Francisco, providing a collaborative space for women to build startups and break industry stereotypes.

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Elon Musk’s X will be allowed back online in Brazil after paying one more fine

X has to pay one last fine before getting reinstated in Brazil, according to a decision out Friday from the country’s top justice, Alexandre de Moraes.

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