Tag Archives: CNBC

Apple set to announce iPhone 16, new Apple Watches and more

Apple is set to announce the new iPhone 16, the new Apple Watch 10 and possibly new AirPods on Monday. Follow along for live updates.

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Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown

Swedish battery maker Northvolt announced Monday that it plans to cut jobs and close down some facilities in Europe and the U.S.

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A Porsche-backed startup is building a massive battery recycling plant to boost Europe’s EV industry

Cylib, a startup backed by luxury sports car firm Porsche and appliances maker Bosch, is building a massive battery recycling facility in Germany.

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Skype founder’s VC firm raises $1.24 billion to back European tech startups

Atomico, which was founded by Skype co-founder Niklas Zennström, raised two new funds worth $1.24 billion to back European technology firms.

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Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

Huawei has received more than 2.7 million pre-orders for its new, tri-fold smartphone, according to its website Monday.

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The bitcoin ATM has emerged as one of cryptocurrency’s biggest threats

Bitcoin ATMs are a rapidly growing presence in the U.S. and, some experts say, a rapidly growing crime market. 

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YouTube group The Try Guys has quickly found success in launching subscription model

The Try Guys have abandoned their reliance on Google’s algorithms and advertiser revenue by launching a standalone streaming service called 2nd Try.

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Coinbase has worst week of the year as crypto stocks plummet

Concerns about the U.S. economy led to a broad market slide this week, with crypto-related assets seeing some of the steepest drops.

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Dell and Palantir to join S&P 500; shares of both jump

In the quarterly rebalancing of the S&P 500, tech companies Dell and Palantir were added to the benchmark index.

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Roblox will let developers sell games for real dollars as it expands beyond virtual currency

Roblox is attempting to court more developers with real-world dollars in the company’s latest effort to expand its audience.

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