NEW: CNBC and Statista have today announced the top 200 global fintech companies. From neobanks to digital payments to crypto, the top fintech companies range from giants in like Stripe to up and comers. Check out our full story on CNBC for more:
@ryan_browne_
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eToro Agrees $120 Million Secondary Share Sale at Reduced Valuation
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New and exclusive: EToro, the trading platform, agreed a $120 million secondary share sale. The transaction values the company at slightly lower than the $3.5 billion valuation it earned in March. https://
cnbc.com/2023/07/31/rob
inhood-rival-etoro-agrees-120-million-secondary-share-sale.html
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Hands-on Testing of New AI-Powered Phones Begins
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We've got our hands on the phones. So rest assured, more hands-on tests / thoughts to follow!
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Samsung Foldable Phones: Innovation in Mobile Hardware Experience
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This is Samsung's opportunity to show off its best high-spec devices, and it's making a big splash with nifty features – like folding the phone halfway to watch stuff on the go – in an effort to get people to upgrade to the "folding phone" experience.
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Microsoft Activision merger deadline extended amid UK regulatory scrutiny
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New: Microsoft and Activision Blizzard have agreed to extend the deadline for their industry-shaking $69 billion merger. The extension will give the two parties more time to negotiate with the UK competition regulator about addressing its concerns.
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Preply Raises $70M to Expand AI Language Learning Platform
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Exclusive: Language learning startup Preply has raised $70 million of fresh funding from investors. The startup, which was founded by Ukrainian entrepreneurs, will use the fresh cash to ramp up its use of AI. https://
cnbc.com/2023/07/19/ukr
ainian-founded-preply-bags-70-million-for-ai-assisted-language-app.html
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Crypto Investors Rally on Ripple SEC Legal Victory
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Crypto investors are partying like it's 2021! XRP is up 66%, ADA up 22%, SOL up 34%, MATIC up 24%, as altcoins react to news of a partial win for Ripple in its legal battle against the SEC. Is it sustainable? …probably not. Plenty uncertainty ahead. https://
cnb.cx/46NbPA6 -
Ripple Wins Partial Victory: XRP Not Security for Retail Sales
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So, judge on Ripple/SEC case just delivered a ruling. They ruled XRP qualified as a security when sold to institutions. But not sales to retail. $XRP is up… 50% Struggling to see why … market getting ahead of itself? https://
cnbc.com/2023/07/13/xrp
-surges-after-judge-delivers-a-huge-win-to-ripple-in-its-case-against-the-sec.html
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Carl Pei’s Nothing raises $96M for smartphone launch
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Nothing, Carl Pei's hardware startup, has raised $96 million of funding from investors to launch its new smartphone and expand in the US. Story with some previously unreported comments from an interview I did with @getpeid in Barcelona back in March:
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Google Cloud CEO Discusses AI Risks with EU Regulators
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New: in an exclusive interview, the CEO of @googlecloud acknowledged the risks of AI and told me Google is having "productive" early talks with EU officials. "We do want to find a path forward,” Kurian told me at the company's Victoria offices yesterday.