The Cowboy Cruiser. Cowboy Cowboy, the Belgian electric bike maker, is expecting to hit full-year profitability in 2024 even as some of its market rivals are facing financial hardship. Adrien Roose, Cowboy’s CEO and co-founder, told CNBC that he expects the company to reach profitability on an EBITDA basis by the end of the second
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BERLIN, GERMANY – NOVEMBER 15: German Finance Minister Christian Lindner gives a statement to the media at the Chancellery following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. The topic was a ruling by the German Constitutional Court declaring that the coalition government’s shift of federal money in 2021 originally earmarked
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Sunak convened this week’s AI summit in an effort to position the UK at the forefront of global efforts to stave off the
Ravi Menon, managing director of Monetary Authority of Singapore, speaks during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 16, 2023. The festival runs through Nov. 17. Lionel Ng | Bloomberg | Getty Images SINGAPORE — Come 2024, Singapore will pilot the live issuance and use of wholesale central bank digital currencies, said Ravi
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google CEO Sundar Pichai said artificial intelligence is like climate
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Tesla, SpaceX, and X Corp. leader Elon Musk issued
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaking with CNBC on Nov. 15th, 2023. CNBC Microsoft said Thursday it will soon start testing the Copilot chatbot in an update to the widely used Windows 10 operating system. Microsoft on Oct. 31 started rolling out an update that features
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaking with CNBC on Nov. 15th, 2023. CNBC Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world’s second most-populous country, CEO Satya Nadella said on Wednesday. “We are
In this article MATIC.CM= SOL.CM= Follow your favorite stocksCREATE FREE ACCOUNT The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images The price of the Solana token jumped Wednesday amid an ongoing rally in altcoins and bullish remarks on the token from famed tech investor Cathie Wood. Solana was last higher
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Satya Nadella, CEO of Microsoft CNBC Microsoft on Wednesday announced a slew of new capabilities coming to the Copilot artificial intelligence add-on for its Microsoft 365 productivity applications. In the year since Microsoft-backed OpenAI introduced the popular ChatGPT virtual assistant, companies have expressed interest in
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A custom-built rack for the Maia 100 AI Accelerator and its “sidekick” inside a thermal chamber at a Microsoft lab in Redmond, Washington. The sidekick acts like a car radiator, cycling liquid to and from the rack to cool the chips as they handle the
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple SOS Assistance. Source: Apple Inc. Apple on Wednesday announced it is granting iPhone 14 users an additional free year of its safety service Emergency SOS via satellite. Emergency SOS via satellite allows users to text emergency services even if they are outside of an
Still from Paramount’s “Sonic the Hedgehog 2.” Paramount After Sega’s blockbuster adaptation of its classic Sonic the Hedgehog gaming franchise on the big screen, the company suggested it wants to replicate that success with other hit video games in its arsenal. Speaking with CNBC at the Web Summit tech conference in Libson, Portugal, Tuesday, Sega
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images SINGAPORE — Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Airbnb has made its first acquisition as a public company, in a deal valued at just under $200 million, sources familiar with the deal told CNBC. The startup is called Gameplanner.AI, which has been in “stealth mode” since its founding in 2020. Startups in stealth
In this article AAPL GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google and Alphabet Inc. CEO Sundar Pichai arrives at the federal courthouse in Washington, Monday, Oct. 30, 2023. Jose Luis Magana | AP Google pays Apple more than a third of its search advertising revenue from Safari under the terms of the two companies’
In this article BP.-GB SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT At Elm Branch Solar Farm, about an hour south of Dallas, Texas, a flock of sheep grazes among a vast field of solar panels. The flock’s shepherd, Amanda Stoffels, watches over it as the sheep munch on the grass and nap in the shade
Hon Hai Group’s headquarters, in Taipei, Taiwan, 15 July 2021. Ceng Shou Yi | Nurphoto | Getty Images Apple iPhone supplier Foxconn, officially known as Hon Hai, on Tuesday reported third-quarter profit rose 11.27% from a year ago, beating analysts’ expectations despite an ongoing consumer electronics slump. Here are Foxconn’s results for the quarter ended September versus
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys. Industrial and Commercial Bank of China, the world’s largest lender
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as
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