A San Francisco start-up called Ample wants to make electric vehicle battery swapping work in the United States, bucking a history of failure in the space. When electric vehicles were gaining ground in the early 2010s, Tesla and a start-up called Better Space promised all their customers would have the […]
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TikTok to host small and medium business advertiser event
A man holding a phone walks past a sign of Chinese company ByteDance’s app TikTok, known locally as Douyin, at the International Artificial Products Expo in Hangzhou, Zhejiang province, China October 18, 2019. Reuters TikTok will host its first event for small and medium-sized businesses later this month to get […]
Google says it won’t track you directly in the future as it phases out cookies
Google is clarifying its plans for targeted advertising as it phases out the use of browser cookies, saying in a new blog post Wednesday that it won’t use other ways to “track” users around the internet after it ends support for cookies in Chrome. Last year, the company said it would […]
Shares of Rocket Companies are dropping after a 70% irrational pop in the heavily shorted name
A Reddit logo seen displayed on a smartphone with stock market prices in the background. Omar Marques | LightRocket | Getty Images Shares of Rocket Companies dropped more than 11% in premarket trading Wednesday following a surprise rally in the previous session, as Wall Street analysts raised red flags on […]
Greensill Capital is reportedly preparing to file for insolvency
SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images Greensill Capital is preparing to file for insolvency in the U.K., according to a report from The Financial Times on Wednesday, citing sources […]
UK hikes corporation tax to 25% as pandemic supports hits £407 billion
Britain’s Chancellor of the Exchequer Rishi Sunak takes part in a national “clap for carers” to show thanks for the work of Britain’s National Health Service (NHS) workers and frontline medical staff around the country as they battle with the coronavirus pandemic, on the steps of the Foreign and Commonwealth […]
Lyft, Las Vegas Sands, Wendy’s & more
Take a look at some of the biggest movers in the premarket: Lyft (LYFT) – The ride-hailing company said that last week saw the highest level of ride volume since the pandemic took hold last March. As a result, Lyft expects to report a smaller quarterly loss than it had […]
Watch Rishi Sunak announce 2021 fiscal plans
[The stream is slated to start at 07:30 ET. Please refresh the page if you do not see a player above at that time.] British Finance Minister Rishi Sunak is announcing the government’s public spending plans for the year. Prime Minister Boris Johnson’s government embarked upon unprecedented fiscal stimulus last […]
Post-Brexit London should relax SPAC rules
An employee sits reflected in a glass screen featuring the London Stock Exchange Group Plc’s logo at their offices in London, U.K., on Thursday, Jan. 2, 2020. Simon Dawson | Bloomberg via Getty Images LONDON — London should reform its listings rules to attract blank-check firms and tech unicorns post-Brexit, […]
What are NFTs? All you need to know about crypto collectibles
A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s From art to sports trading cards, people are spending millions of dollars on digital collector’s items. These crypto collectibles, known as […]