Tag Archives: CNBC

Nokia brand owner launches Barbie phone for $130 — with no internet

HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls and texts — but no internet.

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Elon Musk’s xAI accused of worsening Memphis smog with unauthorized gas turbines at data center

Memphis already has a smog problem. Environmental groups say Elon Musk’s xAI is making it worse with unauthorized use of gas turbines to power its data center.

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Cryptocurrencies tumble amid a wave of long liquidations, bitcoin falls under $60,000

Cryptocurrencies fell sharply Tuesday evening as Asia futures pointed down, triggering a wave of liquidations on Bybit exchange.

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This water treatment startup is already a unicorn, and has $225 million in VC funding

Gradiant’s technology mimics how nature creates rain. Wastewater is heated and pumped into a humidifier and mixed with ambient air.

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Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it made an adjusted operating profit in the first half of 2024, swinging into the black as the firm nears a hotly anticipated IPO.

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Sony hikes price of ageing PlayStation 5 console in Japan by 19%

Sony said its suggested retail price for the PlayStation 5 is 79,980 yen ($553), up 19% from the previous price, in a hike set to take effect from Sept. 2.

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Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report

Nvidia has been the primary beneficiary of the AI boom, as a handful of the richest technology companies order billions of dollars of the company’s processors.

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Russia warns France over Telegram founder’s detainment, suggests it may be politically motivated

The detainment of Telegram founder Pavel Durov could be considered political if France fails to provide serious evidence of his guilt, the Kremlin said Tuesday.

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Mark Zuckerberg says White House ‘pressured’ Meta to ‘censor’ Covid-19 content

Zuckerberg said it was ultimately Meta’s decision to take down any content, but he noted he believes that the so-called “government pressure was wrong.”

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Canada to slap 100% import tariffs on Chinese electric vehicles over ‘unfair’ competition

Canada on Monday said it is imposing a 100% tariff on China-made EV imports, as well as a 25% tariff on steel and aluminium imports from China.

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