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…
Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software
AMSTERDAM — Digital bank Starling will not re-apply for a European Union banking license and instead pursue international expansion through…
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…
Kremlin denies Olympics disinformation campaign, calls Microsoft allegation slanderous
The Kremlin denied an allegation that it is waging a disinformation campaign against France, its president and the 2024 Olympic…
Democrats wanted an agreement on using artificial intelligence. It went nowhere
The Democratic National Committee was watching earlier this year as campaigns nationwide were experimenting with artificial intelligence. So the organization…
Tax fraud: DC settles Bitcoin billionaire Michael Saylor case for $40 million
Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle a tax fraud…
