Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Sopa Images | Lightrocket | Getty Images LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions after cutting 26% of its workforce last month, the company’s CEO told CNBC.
Technology
Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, during the EEI 2023 event in Austin, Texas, US, on Monday, June 12, 2023. Bloomberg | Bloomberg | Getty Images Microsoft‘s co-founder Bill Gates will be meeting Chinese President Xi Jinping on Friday, Reuters reported Wednesday citing two sources familiar with the matter. The meeting
In this article 9868-HK XPEV Follow your favorite stocksCREATE FREE ACCOUNT Pictured here is a six-lane road in a congested area of Beijing near Sanyuanqiao on April 15, 2023. Picture Alliance | Picture Alliance | Getty Images BEIJING — Chinese electric car brand Xpeng announced Thursday it received approval to start rolling out assisted driving
Emmanuel Macron, France’s president, speaks at the Viva Tech fair in Paris, France, on Wednesday, June 14, 2023. Macron told CNBC that he thinks global regulation is needed for artificial intelligence. Nathan Laine | Bloomberg | Getty Images PARIS — France’s top politicians told CNBC they see the beginnings of global regulation on artificial intelligence
Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that’s changing,
California’s giant public pension fund is looking to increase its venture capital exposure in the coming months, despite a swoon in the startup market and lackluster performance of late by the fund’s VC portfolio. The California Public Employees’ Retirement System, or CalPERS, manages nearly $457 billion in assets as of April 2023. Anton Orlich, the
Generative AI has been a rare bright spot in a European tech market reeling from declining funding and a pullback in valuations. Yuichiro Chino | Moment | Getty Images The European Parliament has approved the bloc’s landmark rules for artificial intelligence, known as the EU AI Act, clearing a key hurdle for the first formal
Rep. Lou Correa, D-CA, questions witnesses during an impeachment inquiry hearing before the House Judiciary Committee on Capitol Hill in Washington, D.C., Dec. 9, 2019. Doug Mills | Pool | Getty Images Rep. Lou Correa, D-Calif., who opposed a package of bills seeking to reform antitrust law to rein in Big Tech companies, will become
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX, Twitter and electric car maker Tesla CEO Elon Musk with France’s President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May 15, 2023. France has been looking to woo Musk and Tesla to set up a factory in the country. Michel
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google’s mixed messaging when it comes to its return-to-office plans has been a subject of consternation
In this article MSFT GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Kent Walker speaks at a “Grow with Google” launch event in Cleveland. via Google Google and OpenAI, two U.S. leaders in artificial intelligence, have opposing ideas about how the technology should be regulated by the government, a new filing reveals. Google on Monday
Paul McCartney performs on The Pyramid Stage during day four of Glastonbury Festival at Worthy Farm, Pilton on June 25, 2022 in Glastonbury, England. The Beatles star told the BBC he has finished a new song using AI to recreate John Lennon’s voice. Harry Durrant | Getty Images Entertainment | Getty Images LONDON — Beatles
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook greets attendees during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple stock rose more than 1.5% on Monday to close at $183.79 per share, which is the
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares climbed as much as 5% in extended trading on Monday after the software vendor announced fiscal fourth-quarter results
Linda Yaccarino speaking at the Variety Entertainment Summit at CES, Aria Resort and Casino, Las Vegas. Variety | Penske Media | Getty Images In her first tweet thread since becoming CEO of Twitter last week, Linda Yaccarino on Monday emphasized the company’s focus on free speech, a topic favored by owner Elon Musk. “Twitter is on
In this article GOOGL MSFT DIS AAPL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Hong Kong spent more than HK$600 billion ($76.44 billion) on various pandemic relief programs for the past three years, forcing it to run rare budget deficits. Isaac Lawrence | AFP | Getty Images Google and OpenAI, which has partnered with Microsoft,
Steve Huffman CEO, Reddit, delivers remarks on ‘Redesigning Reddit’ during the third day of Web Summit in Altice Arena on November 08, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis | Getty Images More than 6,000 Reddit communities have gone dark and are restricting access to protest the changes to the company’s developer billing structure,
Gary Gensler, Chair of the U.S. Securities and Exchange Commission, takes his seat before the start of the Senate Banking, Housing, and Urban Affairs Committee hearing on Oversight of the U.S. Securities and Exchange Commission on Tuesday, Sept. 14, 2021. Bill Clark | CQ-Roll Call, Inc. | Getty Images SEC Chair Gary Gensler stepped up
In this article AAPL DGX Follow your favorite stocksCREATE FREE ACCOUNT Apple Vision Pro Source: Apple Apple‘s new Vision Pro headset has sparked a resurgence of interest in head-worn computers that immerse users in a virtual world. Engineers have been dreaming about virtual reality since 1968 when a professor at the University of Utah built
In this article GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk last visited China in 2020 for the delivery ceremony of the Model 3. His first visit in 3 years saw the Tesla CEO meet with top government officials and speak to staff at the Shanghai Gigafactory. Ding Ting | Xinhua News Agency
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