Internet

VCs say tech investing is ‘tough’ amid IPO lull and ‘nuts’ AI hype

Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a…

Wise’s billionaire CEO fined £350,000 by regulators over tax issue

Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images LONDON — Kristo Käärmann, the billionaire…

UK to introduce stablecoin law in ‘months’: Circle’s Dante Disparte

Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth…

SAP CEO urges Europe not to regulate AI, says will put region behind

Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP’s financial…

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…

Lawmakers push to revive low-income broadband subsidy as providers pivot

Internet service providers including Charter, Verizon and Comcast are shifting customers away from the Affordable Connectivity Program, an expired federal…

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…

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…

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it posted a profit in the first half of the year, swinging into the black from a loss…

Biden hosts first Creator Economy Conference for influencers to talk AI, privacy and more

The White House hosted 100 digital content creators and industry professionals Wednesday to speak with key officials about the “creator…