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.
CNBC Technology
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.
China hands out $3 million of digital yuan as JD.com becomes first online platform to accept it
China is handing out 20 million yuan ($3 million) of its digital currency as part of a lottery in Suzhou.
China's experimental stock board gains 200th IPO just over a year after launching
The Nasdaq-style Shanghai Star Market launched in July 2019 in an effort to improve the ability of innovative companies to access public market financing.
Singapore's digital bank license winner says it's not trying to bring down established banks
The Singtel-Grab consortium became one of the four successful applicants for Singapore's new digital bank licenses.
Looking for an edge, esports team Fnatic hires sports scientists to try to boost gamers’ performance
Fnatic has set up a "High Performance Unit" to assess how things like lack of sleep impact its gamers, who compete in esports competitions with big prize money.
This 39-year-old tech exec has built 5 companies, but there's a price to his ambition
This 39-year-old tech executive, Ben Lamm, has built 5 companies and is obsessively driven to do more. It's a 'beautiful burden,' he says, of his ambition.
Middle East facing 'cyber pandemic' as Covid exposes security vulnerabilities, cyber chief says
The UAE has seen an "at least 250% increase" in cyberattacks this year, the UAE's top cyber security chief told CNBC.
The home of the Sopranos is under siege: Inside the battle for the soul of HBO
John Stankey and Jason Kilar have an ambitious plan to take on Netflix with HBO Max. CNBC's Alex Sherman gets the inside story from execs, past and present.
How Google came to dominate maps
Google Maps has taken on competitors like MapQuest and Apple. Today, it has over a billion monthly users. Here's a look at how Google came to dominate maps.
Thousands petition Google for more answers on departed researcher
Google employees and industry people, alike, have signed a petition asking Google to explain its process with renown terminated AI researcher.
Apple offers free fix for iPhone 11 devices that no longer respond to touch
The replacement program doesn't cover other models, like the iPhone 11 Pro.
Tesla CEO Elon Musk has told friends and associates he plans to move to Texas
Elon Musk has been vocal in his criticisms of California during the Covid-19 crisis, but he has significant tax reasons for leaving.
Renowned AI researcher says Google abruptly fired her, spurring industrywide criticism of the company
Timnit Gebru, the technical co-lead of the Ethical AI Team at Google, tweeted on Wednesday that the company fired her after refusing to accede to two demands.
EU's Vestager hints Big Tech will have to end 'self-preferencing' under new competition rules
The EU's competition chief has hinted that tech giants will have to change how they promote themselves as the bloc prepares to revise its competition rulebook.
Fintech firm Revolut takes aim at Stripe with payment software for businesses
A move into payment processing software would put Revolut up against U.S. firm Stripe, Dutch competitor Adyen and British peer Checkout.com.
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