British fintech Revolut criticized Meta over its approach to tackling fraud and said the U.S. tech giant should directly compensate fraud victims.
Kategorie-Archiv: CNBC Financial News
Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO
Klarna boss Sebastian Siemiatkowski said unfavorable share-based compensation rules in Europe could cause employees to flock to U.S. tech companies.
China stock ETFs rip higher even as mainland markets close for holiday
Exchange-traded funds overseas that track Chinese stocks continued their rally Wednesday even as mainland markets were shut for a week-long holiday.
Levi Strauss trims guidance as it weighs sale of Dockers business
Denim maker Levi Strauss is looking to sell its Dockers brand as the khaki maker drags down the company’s overall performance.
No need to sell this AI data center play ahead of earnings — and updates on 3 more industrial stocks
Deutsche Bank listed Dover as a short-term sell idea, cautioning investors of underwhelming quarterly results later that may pressure shares later this month.
Recursion gets FDA approval to begin phase 1 trials of AI-discovered cancer treatment
Recursion said it was able to use its AI-enabled drug discovery platform to identify a novel target and move all the way to gaining IND approval in less than 18 months.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks had a tough start to October and the fourth quarter, posting losses on Tuesday. Here’s what CNBC is watching going into Wednesday.
Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures
London’s Financial Conduct Authority said it has fined Starling „for financial crime failings related to its financial sanctions screening.“
Facebook owner Meta forms data-sharing pact with UK banks to counter scams
Meta is working with U.K. banks NatWest and Metro Bank on an information-sharing agreement to help them prevent customers from falling victim to fraud.
With Hurricane Helene disrupting travel, here’s what fliers need to know
Travelers impacted by Hurricane Helene’s destruction in the Southeast U.S. may be out of luck when it comes to financial compensation.