Breaking News: Technology

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…

Dutch neobank Bunq goes on hiring spree, targeting digital nomads, as other fintechs slash jobs

Dutch challenger bank Bunq told CNBC that it plans to grow its global headcount by 70% this year to over…

China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but…

Former Arm CEO criticizes Britain for not holding onto its top tech firms

CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift…

Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

BEIJING — Huawei has received more than 2.7 million pre-orders for its trifold smartphone, its website showed on Monday. The…

Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box

WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president…

Snap sued by New Mexico over ‘sextortion’ of kids by predators

The New Mexico attorney general has filed a lawsuit against Snap, alleging that the design and algorithmic recommendations of its…

Visa debuts a new product designed to make it safer to pay directly from your bank account

Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit…

Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off

Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech.

Robinhood lets Brits lend shares for extra income in bid to grow international footprint

Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to…