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Sony shares rise over 2% in volatile trading following share buyback announcement

Sony shares rise over 2% in volatile trading following share buyback announcement

Technology News

The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group shares rose over 2% on Wednesday in volatile trading after the Japanese conglomerate announced a 250 billion yen ($1.7 billion) share buyback […]

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Stock and crypto trading site eToro prices IPO at per share ahead of Nasdaq debut

Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

Technology News

Omar Marques | Sopa Images | Lightrocket | Getty Images EToro, a stock brokerage platform that’s been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares to test the market’s appetite for new offerings. The Israel-based company raised nearly $310 million, selling nearly 6 million shares in a

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Dubai government to accept crypto payments through Crypto.com partnership

Dubai government to accept crypto payments through Crypto.com partnership

Technology News

Crypto.com logo displayed on a phone screen with representation of cryptocurrencies. Nurphoto | Nurphoto | Getty Images Dubai’s Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with cryptocurrencies. The memorandum of understanding between Dubai government officials and Mohammed Al Hakim, president of Crypto.com UAE,

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Fintechs that raked in profits from high interest rates now face a key test

Fintechs that raked in profits from high interest rates now face a key test

Technology News

The app icons for Revolut and Monzo displayed on a smartphone. Betty Laura Zapata | Bloomberg via Getty Images Financial technology firms were initially the biggest losers of interest rate hikes by global central banks in 2022, which led to tumbling valuations. With time though, this change in the interest rate environment steadily boosted profits

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Samsung launches thin S25 Edge as Apple reportedly prepares the iPhone ‘Air’

Samsung launches thin S25 Edge as Apple reportedly prepares the iPhone ‘Air’

Technology News

Samsung launched the Galaxy S25 Edge, a thinner version of its flagship smartphone. Arjun Kharpal | CNBC Samsung on Tuesday unveiled a thin version of its flagship smartphone in an unusually timed launch as it looks to maintain momentum in its mobile divison against an uncertain consumer backdrop and U.S. tariff policy. The Samsung Galaxy

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Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

Technology News

Brian Armstrong, CEO of Coinbase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended

Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial Read More »

Perplexity wrapping talks to raise 0 million at billion valuation

Perplexity wrapping talks to raise $500 million at $14 billion valuation

Technology News

Perplexity AI is in late-stage talks to raise $500 million at a $14 billion valuation, a source familiar with the situation confirmed to CNBC. Accel, the Palo Alto-based venture capital firm, will lead the round, according to the source, who spoke anonymously because the round is not yet finalized. The Wall Street Journal first reported

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