Tesla stock ends the week down 15%, the worst performance of the year
Tesla shares dropped more than 15% over the last few days to close the week at $211.99 after CEO Elon ...
Tag: Venture capital
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America.AirwallexGlobal fintech giant Airwallex ...
Regent aims to fly its electric seagliders over the waterways of Japan
Billy Thalheimer (CEO) and Michael Klinker (CTO) of REGENT with a full-scale mockup of their first electric seaglider.Courtesy REGENTRegent, a ...
Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles
Tesla vehicles waiting to be loaded on board a cargo vessel at Nangang port, in Shanghai, China, on Sept. 6, ...
AI chip firm Kneron raises $49 million as it looks to rival Nvidia, with Foxconn among backers
Albert Liu, founder and CEO of Kneron.Harry Murphy | Sportsfile | Getty ImagesKneron, a U.S.-based semiconductor startup, said on Tuesday ...
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 ...
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 ...
