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Tag Archives: CNBC
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.
Here’s where Apple makes its products — and how Trump’s tariffs could have an impact
China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.
Xiaomi delivers record cars in March as winners emerge in China’s EV race
Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.
De minimis trade loophole that boosted Chinese online retailers to end May 2
The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.
Apple leads drop in tech stocks after Trump tariff announcement
Tech stocks fell after hours on Wednesday following President Trump’s announcement of reciprocal tariffs.
Amazon submits bid for TikTok as ban deadline nears
TikTok’s future in the U.S. hangs in the balance ahead of a potential ban on April 5.
Eric Trump says he moved to crypto after family business became ‘most canceled company’
Eric Trump told CNBC that his family was “driven toward cryptocurrency” due to the way their business was treated.
Applovin in negotiations for potential TikTok bid, sources say
AppLovin is one of the potential bidders attempting to acquire TikTok, sources familiar with the situation told CNBC’s David Faber on Wednesday.
Amazon to launch first batch of Kuiper satellites on April 9
The launch is a pivotal step toward beginning commercial service for Kuiper, Amazon’s initiative to beam high-speed internet to customers from low earth orbit.
Trump’s tariff ambiguity leaves gadget makers in limbo: ‘I’m going to run out of appliances’
Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump’s tariffs.