Tag Archives: CNBC

This startup makes thrifting furniture far easier, even for big retailers like Pottery Barn

The New York-based startup AptDeco is an online marketplace for buying and selling used furniture that provides pick-up and delivery for items.

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Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.

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Social media creators turn to subscription apps due to increasingly competitive, volatile content economy

Many content creators are increasingly looking to monthly subscription platforms like Substack and Patreon for consistency in their monthly income. 

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Britain’s finance watchdog sets out plan to implement crypto regulation regime by 2026

The U.K.’s Financial Conduct Authority (FCA) unveiled a timeline detailing key dates and milestones it’s working toward on its regulatory roadmap for crypto.

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How Bluesky rose out of Twitter’s ashes to challenge X and Threads

Bluesky could be on the verge of a turning point if it continues rapidly attracting users and finds a way to monetize without scaring them off.

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Orange partners with OpenAI, Meta to develop custom African-language AI models

Orange is working with OpenAI and Meta to build custom AI models that can understand West African languages not understood by most conversational systems.

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Crypto market sheds $180 billion in a day as bitcoin slides further from $100,000 milestone

Bitcoin’s price retreated further from the psychologically important $100,000 milestone as investors booked profits from the token’s post-U.S. election gains.

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Huawei launches first phones capable of running its new self-developed operating system

Huawei launched the Mate 70, Mate 70 Pro and Mate 70 Pro+ and foldable Mate X6 on Tuesday that can run HarmonyOS NEXT, its self-developed operating system.

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Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy

Conservative video platform Rumble said it will begin allocating some of its excess cash reserves to bitcoin and could buy up to $20 million in the crypto.

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Zoom surpasses expectations as it calls for another quarter of single-digit growth

Zoom’s business is still growing, but not nearly at the rate of expansion during the pandemic.

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