Germany's $9 billion digital bank N26 to withdraw from the U.S.
N26's American customers will no longer be able to use its app from Jan. 11, 2022.
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There are many signs that fintech is in a bubble, billionaire investor Flowers says
"It's a mixed bag. There's a lot of fluff out there," J. Christopher Flowers told CNBC.
Driverless car start-up WeRide partners with major Chinese automaker GAC on robotaxis as competition rises
WeRide and Guangzhou Automobile Group (GAC Group) plan to make the robotaxis available via ride-hailing app Ontime to the public by 2022.
China's Baidu wants to launch its driverless robotaxi service in 100 cities by 2030
Baidu wants to expand the Apollo Go robotaxi service to 65 cities by 2025 and then 100 cities by 2030, CEO Robin Li said.
Text-checking software maker Grammarly is worth $13 billion in latest funding round
Grammarly has raised in $200 million fresh funding as it looks to win adoption from consumers and businesses, even as it faces competition from Microsoft.
Nvidia crypto mining chip sales fell off a cliff this quarter
Even as prices for digital currencies have soared throughout 2021, Nvidia has not cashed in on making the digital "shovels" for miners.
Jeff Bezos' Blue Origin hires lobbyist with ties to Obama administration after space tax proposal
Jeff Bezos' Blue Origin recently hired a lobbyist with ties to former President Barack Obama as new tax legislation looms.
Former Theranos patient testifies that a blood test at Walgreens came back with false positive for HIV
A patient who received an HIV misdiagnosis after taking a Theranos test took the stand in Elizabeth Holmes' criminal trial.
Bill Gates' TerraPower aims to build its first advanced nuclear reactor in a coal town in Wyoming
Bill Gates' TerraPower has chosen Kemmerer, Wyoming, a frontier-era coal town, as the site where the company will build its first advanced nuclear reactor.
Nvidia data center sales grew 55% on demand for artificial intelligence chips
Nvidia stock rose more than 5% in extended trading after it reported third-quarter earnings Wednesday that beat expectations for both earnings and sales.
Here's why battery manufacturers like Samsung and Panasonic and car makers like Tesla are embracing cobalt-free batteries
Cobalt is part of a tenuous supply chain and is one of the most expensive materials in a lithium-ion battery.
Here's why identity software firm Okta plans to open a retail location in New York City
"One of the challenges with identity technology and talking about this vision is sometimes it's hard to imagine," Okta co-founder and CEO Todd McKinnon said.
Rivian shares close down 15%, bucking post-IPO rally
Rivian went public last Wednesday in one of the biggest IPOs of the year.
Cisco reports disappointing revenue and issues forecast that misses estimates
Cisco CEO Chuck Robbins said the company saw strong demand despite supply challenges, but the company failed to meet analysts' revenue estimates.
PayPal shares drop after Bernstein downgrades stock amid rising competition
Increased e-commerce aggregation and accelerating innovation in buy now pay later puts PayPal at risk of disruption, the analysts wrote.
Microsoft moves to annual updates for Windows 10, halving the number of yearly upgrades for its users
Microsoft's Windows 10 release cadence now aligns with Windows 11, which came out last month. Users can stick with Windows 10 through 2025.
Apple will sell parts so you can fix your iPhone or Mac in an apparent big win for right-to-repair advocates
The move appears to be a big win for "right-to-repair" advocates.
Amazon to stop accepting Visa credit cards issued in the UK, citing high fees
Amazon has told some customers that, from Jan. 19 2022 onward, the company will no longer accept Visa credit cards issued in Britain.
Chinese tech giant NetEase revives Hong Kong IPO of its music streaming arm
Cloud Village runs NetEase's music streaming business and the company says it has 185 million monthly active users.
Senate confirms Big Tech critic Jonathan Kanter to lead DOJ Antitrust Division
As the DOJ's new antitrust chief, Kanter will inherit a lawsuit against Google filed during the Trump administration.
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