Technology

SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million

Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…

Former Facebook diversity strategist pleads guilty to stealing more than $4 million from company

A former global diversity strategist at Facebook pled guilty to wire fraud after stealing more than $4 million from the…

$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes

Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive…

SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection

British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…

China’s livestream shopping is booming, fueling new tech such as avatars and AI

BEIJING — Livestream shopping is taking off in China, driving development of new tech products such as virtual human streamers…

EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT

The European Union on Friday agreed to landmark rules for artificial intelligence, in what’s likely to become the first major…

QR codes may be a gateway to identity theft, FTC warns

You may want to think twice before scanning that QR code. The codes — a digital jumble of black and…

Robinhood launches crypto trading service in the EU

Online brokerage giant Robinhood on Thursday said it’s launching a cryptocurrency trading feature in the European Union, pushing further outside…

‘You can’t just make your own rules’: Tesla faces Scandi revolt as Danes join Swedish strike

Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish mechanics, heaping pressure on…

Goldman Sachs is betting on the small cap rally. Here’s how.

Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the…