Technology
Chime’s IPO will test public market appetite for fintech as companies line up to exit
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There’s a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The […]
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Americans pay trillions in rent, but few get credit score boost for it
An estimated $1.4 trillion is paid to landlords of residential properties every year in America, but only 20% of those landlords choose to report the rent paid. That has big implications for the credit scores and credit histories of millions of Americans. Reporting rent paid on time to credit bureaus can significantly boost credit scores, […]
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State AGs led by NY’s Letitia James pressure Meta to clean up investment scams on Facebook
New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City. Michael M. Santiago | Getty Images A group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook that fraudulently use […]
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Disney and Universal sue AI image company Midjourney for unlicensed use of Star Wars, The Simpsons and more
The Walt Disney logo is displayed on screen during the Walt Disney Studios presentation at The Colosseum at Caesars Palace at CinemaCon 2025 in Las Vegas, Nevada, on April 3, 2025. Valerie Macon | AFP | Getty Images Disney and Universal joined forces in a lawsuit against artificial intelligence image creator Midjourney, alleging copyright infringement, […]
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Meta launches AI ‘world model’ to advance robotics, self-driving cars
Mark Zuckerberg, CEO of Meta Platforms. Artificial intelligence has been an integral focus for the tech giant’s leader amid competition from players like OpenAI, Microsoft and Google. David Paul Morris | Bloomberg | Getty Images Meta on Wednesday announced it’s rolling out a new AI “world model” that can better understand the 3D environment and […]
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Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool
Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | Reuters Tesla rallied for a fourth straight session as the spat between CEO Elon Musk and President […]
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German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days
DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL DeepL on Wednesday said it was deploying one of the latest Nvidia systems that would allow the German startup to translate the whole internet in just 18 days. This is sharply down from 194 days previously. , DeepL is a startup that has developed its own AI models for and […]
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Nvidia CEO says quantum computing is reaching an ‘inflection point’
Jensen Huang, CEO of Nvidia talks about quantum computing on stage at Nvidia GTC Paris on Wednesday 11 June, 2025. Arjun Kharpal | CNBC Nvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they’ll start solving real-world problems in the coming years. “Quantum computing is reaching an inflection point,” […]
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Europe’s fastest-growing nuclear fusion company raises $148 million in record funding round
Germany, Lower Saxony, Grohnde, Grohnde Nuclear Power Plant. Westend61 German start-up Proxima Fusion on Wednesday announced it had raised 130 million euros ($148 million) in a record funding round, with investors hopeful the company can soon develop the world’s first commercial nuclear fusion power plant. The Series A financing round, which was co-led by investors […]
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CNBC Daily Open: Headwinds don’t seem to bother the U.S. stock market
Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSE The U.S. stock market appears a little too optimistic. All three major indexes climbed Wednesday, with the S&P 500 and Nasdaq Composite enjoying their third consecutive session in the green. The S&P, in fact, is around 2% away from […]
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