SoftBank-backed TravelPerk doubles valuation, plans fintech push
TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC. The fresh financing doubles TravelPerk’s…
Weight-loss drugs could set up clash between RFK Jr and aides
The high price of GLP-1 drugs, which are patented – meaning cheaper copycat versions can’t be made – has led to a debate among insurance companies, said Benjamin Rome, a health policy researcher at Harvard Medical School. The companies have…
Norway set to be the first to fully transition to electric vehicles
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Norway is…
DeepSeek AI shakes American swagger and upends assumptions
The speed at which the new Chinese AI app DeepSeek has shaken the technology industry, the markets and the bullish sense of American superiority in the field of artificial intelligence (AI) has been nothing short of stunning. Venture capitalist Marc…
Google Maps to show Gulf of America after government updates
The Gulf of Mexico as seen on Google Maps. Source: Google Maps Google said Monday it will change the name of the Gulf of Mexico to “Gulf of America” in Google Maps after the Trump administration updates its “official government…
How a kabaddi club is changing Indian girls’ lives
Even if they haven’t become professional sportswomen, many members of the club have seen their confidence grow and have persuaded their families to let them go to university and delay marriage until they are older. The community has become more…
Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout
A sales clerk shows off Elpida Memory Inc. memory chips at an electronics shop in Tokyo, Japan, on Thursday, March 5, 2009. Tomohiro Ohsumi | Bloomberg | Getty Images Shares in Japan’s chip-related companies extended declines for a second day…
DeepSeek: Is China’s AI tool as good as it seems?
DeepSeek, a Chinese AI-chatbot app which launched last week, has sparked chaos in the US markets and raised questions about the future of America’s AI dominance. The BBC takes a look at how the app works. DeepSeek looks and feels…
Nvidia plunges as DeepSeek triggers questions on its value
Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see?…
Trump administration fires justice department lawyers who investigated him
Trump and his team have accused the justice department of pursuing politically motivated cases against him, his associates and Republicans. Trump vowed an immediate overhaul of the department, which he says has been “weaponised” against him, while campaigning for re-election….
