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…
Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight.…
Stocks making the biggest moves midday: Macy’s, MicroStrategy, Coinbase, Nvidia and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling fell about 2%…
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of…
Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO
Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top…
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…
Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why
Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…
SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO
LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the…
