Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023.Courtesy: NasdaqAfter a 21-month tech IPO freeze, the market has ...
Tag: Venture capital
China VCs have a big problem — and it’s not just a drop in U.S. investor appetite
Pictured here is Shenzhen in southern China. The city is sometimes considered China's Silicon Valley.Nurphoto | Nurphoto | Getty ImagesBEIJING ...
Arm China ‘doing well,’ CEO says, even as SoftBank’s Masayoshi Son reduces China exposure
You can watch David Faber's interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro.Arm's China ...
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses.Courtesy: Kelly ...
Britain’s $4.5 billion digital bank Monzo debuts investments feature
Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into ...
SpaceX is not yet cleared for another Starship Super Heavy test flight, FAA says
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super ...
Tesla shares close down 5% after price cuts, Model 3 refresh
A Tesla Model 3 vehicle on an auto carrier in front of a store in Rocklin, California, July 21, 2021.David ...
Redwood Materials, run by ex-Tesla CTO, raises $1 billion to expand recycling operations in U.S.
JB Straubel sits down with CNBC's Phil LeBeau at Redwood Materials.Redwood Materials, the battery and e-waste recycling startup founded by ...
Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion
The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023.Gabby Jones | Bloomberg | Getty ImagesHugging ...
The scientist behind IBM Watson has raised $60 million for his AI startup in New York
David Ferrucci, CEO and founder of Elemental Cognition, speaks during a conference in New York, Nov. 8, 2017.Alex Flynn | ...
