Tag Archives: CNBC

Foxconn said it will take a 10% stake in TECO as part of a share swap and will focus on building data centers around the world, including the U.S.

Palo Alto Networks will takeover Israeli cybersecurity provider CyberArk in a deal valued at $25 billion.

Robinhood heads into earnings with its stock price on a rally that’s lifted the company’s market cap to $91 billion.

Apple analysts are starting to wonder how much time the iPhone maker has to find an AI strategy before its core business starts to feel the effect.

A year on from gaining a U.K. bank license, Revolut is still in a “mobilization” phase which limits the amount of customer deposits it can hold.

The code provides guidance on how to meet the requirements of the EU’s landmark AI Act.

The company said that details of the agreement such as the deal amount were subject to change and the contract period could be extended by up to seven years. 

Anthropic is looking to raise up to $5 billion at a $170 billion valuation in a funding round led by Iconiq Capital.

Palo Alto Networks CEO Nikesh Arora has been on a buying spree in recent years, but CyberArk would represent by far his biggest bet.

PayPal’s Venmo continues to gain ground, reporting more than 20% year-over-year revenue growth in the second quarter.