Tag Archives: CNBC

Duolingo shares climb 7% as users swarm to app to learn Mandarin

Duolingo says it’s seen a 216% increase in Mandarin learners using the app compared to a year earlier.

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Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ

Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.

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Apple has worst day since August following reports of China, AI struggles

Apple reports December quarter results on Jan. 30.

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Amazon lays off about 200 employees in its stores unit

The cuts are focused in Amazon’s core retail unit, which spans a wide range of businesses, including fashion and fitness, Prime and private label brands.

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Small-cap crypto rallies ahead of Trump inauguration, bitcoin trades near $100,000

Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration.

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Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid

Out of the old Domino Sugar Refinery in Brooklyn, a trio of techies has raised $10 million for Merit Systems to focus on fixing an open-source problem.

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Nintendo reveals long-awaited Switch 2 console set to launch this year

Nintendo showed off its new Switch 2 console in a video trailer Thursday, featuring a bigger display and joy controllers.

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TikTok CEO expected to attend Trump’s inauguration, NBC reports

TikTok’s CEO Shou Chew is expected to attend President’s Trump inauguration next week, NBC News reports.

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UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount

U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million — a 29% discount to its last valuation.

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Biden administration launches cybersecurity executive order

With this executive order, the Biden White House is looking to boost digital security in the U.S. for the government and the private sector.

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