Tag Archives: CNBC

Alibaba to allow payment through Tencent’s WeChat Pay for the first time on e-commerce apps

Alibaba’s shopping platforms Taobao and Tmall will accept Tencent’s WeChat Pay likely within this month, a source familiar with the matter told CNBC.

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Social media platform Bluesky attracts millions in Brazil after judge bans Musk’s X

Following Brazil’s recent ban of Elon Musk’s X platform, its users in the country appear to switching over to rival platforms.

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Robinhood lets Brits lend shares for extra income in bid to grow international footprint

Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.

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Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap

Nvidia’s huge rise in recent years has been directly related to its dominance in AI chips for data centers.

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Elon Musk’s Starlink says it will block X in Brazil to keep satellite internet active

SpaceX satellite internet service, Starlink, said it will comply with court orders to block social network X in Brazil.

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Nvidia tumbles, leading chip stocks lower

Semiconductor stocks, led by Nvidia, fell Tuesday as the S&P 500 slid by more than 1%.

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Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Philip Belamant, Zilch’s CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.

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Starlink in Brazil’s crosshairs as spat over Elon Musk’s X escalates

The confrontation between Brazil and Musk continues to escalate over the country’s decision to block his social media company X.

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X blocked in Brazil after supreme court panel upholds suspension order

A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide there.

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Huawei looks to upstage Apple with product launch just hours after expected iPhone 16 unveiling

It’s unclear what Huawei plans to launch, but the company’s consumer and automotive technology executive Richard Yu, called it an “epoch-making product.”

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