Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Starboard Value, the activist fund run by Jeff Smith, has taken a sizable stake in graphics design firm Autodesk and has spoken with…
This fintech configures expense cards to block misuse — and investors just backed it with millions
A startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of…
Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say
AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the…
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said…
Billionaire Frank McCourt’s TikTok bid wins key backer as he looks past app’s prized algorithm
In the race to buy TikTok, billionaire Frank McCourt is pitching investors with a chance to create a new platform…
Trump in liberal San Francisco for high-dollar tech fundraiser
Republican presidential candidate Donald Trump will attend a fundraiser hosted by two tech venture capitalists in San Francisco on Thursday, a high-dollar…
Salesforce to open new AI center in London as part of $4 billion UK investment
LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…
Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth
AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend…
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
Eli Lilly Chief Financial Officer Anat Ashkenazi will become Alphabet’s new CFO effective July 31, Google’s parent company saidTuesday, almost…
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors, and…
