Technology
Billionaire Tesla bull Ron Baron promised multiples on $100 million Twitter financial investment
Billionaire Ron Baron was promised he would make “two to 3 moments” his dollars when he invested $100 million in Tesla CEO Elon Musk’s just take-non-public offer for Twitter, Baron stated Tuesday on CNBC’s “Squawk Box.” Baron has extensive been bullish on Tesla, telling CNBC’s Becky Swift that Musk created Baron “$5 billion so significantly, […]
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Goldman Sachs likes Pinterest even after Q4 revenue miss, says long-term catalysts still in place
Pinterest is still on track for gains despite posting mixed fourth-quarter results, according to Goldman Sachs . Analyst Eric Sheridan reiterated his buy rating on Pinterest after its earnings announcement on Monday. He noted that while Pinterest’s overall reported monthly active users missed estimates, it still managed to reach its highest level of engagement. The […]
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75% of LGBTQ+ startup founders disguise their identity from buyers, Uk study finds
The Metropolis of London is a blend of old and new, with St Paul’s Cathedral close to skyscrapers as nicely as Roman ruins. Shomos Uddin | Second | Getty Visuals Most founders of tech startups who determine as LGBTQ+ in the U.K. uncover by themselves not able to share their sexual orientation or gender identity […]
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Baidu leaps to 11-month high as it reveals plan to launch ChatGPT-style ‘Ernie Bot’
Robin Li (or Li Yanhong in Chinese), founder, chairman and CEO of Baidu, introduces the new AI-powered digital assistant “Duer” during the 2015 Baidu Technology Innovation Conference on September 8, 2015 in Beijing, China. Vcg | Visual China Group | Getty Images Shares of Baidu surged by more than 13% in Hong Kong as the […]
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Google CEO problems rallying cry in interior memo: All arms on deck to test ChatGPT competitor Bard
Sundar Pichai, CEO of Google Inc. speaks all through an celebration in New Delhi on December 19, 2022. Sajjad Hussain | AFP | Getty Pictures Google CEO Sundar Pichai advised employees Monday the firm is likely to need to have all palms on deck to take a look at its new ChatGPT rival, Bard. He […]
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Winklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
Cameron and Tyler Winklevoss. Adam Jeffery | CNBC Crypto trade Gemini will add up to $100 million in hard cash, earmarked for its shoppers, as portion of an arrangement with bankrupt Genesis World wide Capital and father or mother Digital Forex Group, Genesis’ legal professionals said in a courtroom hearing on Monday. The restructuring deal […]
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Pinterest shares plunge as a lot as 12% on fourth-quarter income skip and weak forecast
A banner for the on the net graphic board Pinterest Inc. hangs from the New York Inventory Trade on the morning that Pinterest tends to make its original community providing on April 18, 2019. Spencer Platt | Getty Photos Pinterest shares sank as much as 12% just after the company documented profits that skipped analyst […]
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Canoo’s shares sink after EV maker agrees to sell $52 million in discounted stock
The Lifestyle Vehicle electric minivan from Canoo. Source: Canoo Shares of electric vehicle startup Canoo were sharply lower in early trading on Monday after the company said that it has agreed to sell discounted shares to raise $52.5 million. Canoo’s shares closed at $1.09 on Monday, down over 12%. The stock has lost more than […]
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Amazon scales back cargo flying as demand cools, contractor says
An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air cargo operators said Monday that the e-commerce giant is scaling back on flights this year, citing lower demand and slower economic growth. Air Transport […]
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Microsoft probably to reveal ChatGPT-relevant services at occasion on Tuesday
Microsoft CEO Satya Nadella speaks at the firm’s Ignite Highlight function in Seoul on Nov. 15, 2022. Nadella gave a keynote speech at an celebration hosted by the company’s Korean unit. SeongJoon Cho | Bloomberg | Getty Images Microsoft on Monday verified ideas to host a news celebration that could be similar to the AI […]
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