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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.
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.
Apple has worst day since August following reports of China, AI struggles
Apple reports December quarter results on Jan. 30.
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.
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.
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.
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.
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.
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.
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.