JD Health shares close 56% higher on their market debut in Hong Kong
JD Health shares rallied throughout the day, hitting an intra-day high of 123.3 Hong Kong dollars — or as high as 75% from the offer price.
CNBC Technology
Facebook hopes the cryptocurrency it backs will launch in 2021, top exec says
David Marcus, the head of Facebook Financial, said he hopes both the cryptocurrency Diem and the social networking firm's wallet Novi, will launch in 2021.
China regulator puts country's fintech giants on notice hinting at more rules
China's top banking regulator hinted at "timely and targeted measures to prevent new systemic risks," in a nod toward further regulation on tech giants.
Europe's tech sector is set to haul in record funding this year despite the pandemic
Tech start-ups in Europe are on track to raise a record $41 billion in 2020, according to a report from venture capital firm Atomico.
Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook
Stitch Fix shares soared Monday afternoon, after the company reported a surprise profit and revenue growth of 10% from a year ago.
Uber sells its self-driving unit to Aurora
Uber CEO Dara Khosrowshahi will join the company's board, and the ridesharing giant will also invest $400 million into the company
Palantir closes up 21% on report of $44 million FDA contract
The deal is worth $44.4 million and will focus on powering drug reviews and inspections, according to the report.
Your movie theater experience is going extinct
WarnerMedia announced Thursday that its 2021 movie releases will debut simultaneously in theaters and on HBO Max.
Alphabet-backed Sidewalk Infrastructure Partners invests in start-up paying customers to cut energy use
Sidewalk Infrastructure Partners invests $100 million to build the largest distributed clean power plant in the U.S. in partnership with OhmConnect.
Google starts new battle with Barry Diller's IAC
Google found that IAC-made extensions for its Chrome web browser offered some functions they didn't follow through on, the Journal reported.
How DeepMind boss Demis Hassabis used chess to get billionaire Peter Thiel to ‘take notice’ of his AI lab
Demis Hassabis, the co-founder of AI lab DeepMind, has revealed that he talked about chess instead of his start-up idea when he first met Peter Thiel.
Discovery CEO David Zaslav: Winners and losers of streaming wars will be determined in next 12 to 24 months
Discovery CEO David Zaslav told CNBC he expects the next 12 to 24 months to be "put up or shut up" for all media companies with streaming services.
Google employees say AI researcher did not resign, despite what exec claims
Timnit Gebru's colleagues and petitioners claim she did not resign, and point to inconsistencies in Google AI chief Jeff Dean's statements.
Tesla publishes its first-ever diversity report revealing leadership is 83% male and 59% White
Tesla published its first-ever diversity report revealing the electric car and renewable energy company's leadership is 83% male and 59% White.
Wish plans to price between $22 and $24 per share at up to $14 billion valuation
Wish is aiming to raise roughly $1.1 billion in its upcoming initial public offering, giving it a valuation of up to $14.07 billion.
Peter Thiel’s VC firm has become a strategic partner to a European tech fund
Peter Thiel, the billionaire co-founder of PayPal and Palantir, has become a strategic partner to a European venture capital fund.
Mastercard and Visa investigate Pornhub ties over child abuse allegations
A column in The New York Times detailed claims of underage sex, rape and revenge porn videos running rampant on Pornhub.
Investors are going wild for Europe's e-scooter start-ups after U.S. players stumbled
So-called micromobility firms in Europe are outperforming their U.S. counterparts when it comes to fundraising this year.
Fashion boss announces plans to step down, says it is time to prioritize wife's career
"My wife and I have agreed that for the coming years, her professional ambitions should take priority," Rubin Ritter, co-CEO of Zalando, said in a statement.
StanChart CEO Bill Winters says digital currencies' widespread rollout is 'absolutely inevitable'
The CEO told Singapore's FinTech Festival the rollout would be led by both private and government-backed entities.
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