Indian start-up Lenskart plans to go public within the next three years, CEO and founder Peyush Bansal told CNBC on Friday. The company, which sells eyewear online and via retail outlets, this week announced it received $220 million in funds, led by Singapore state investor Temasek and Falcon Edge Capital. Earlier this year, Lenskart raised
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Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Twitter shares rose as much as 9% in extended trading
In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to
Two technicians work at a bitcoin mining facility in Quebec. lars Hagbarg | AFP | Getty Images For years, bitcoin critics have maligned the world’s biggest cryptocurrency for polluting the planet. But new data from Cambridge University shows that the geography of mining has drastically changed over the last six months, and experts tell CNBC
Elon Musk is famous for electric vehicles, reusable rockets, and satellites that can beam down high-speed internet to the most remote regions of the planet. But in 2016, he set his sights lower. The idea was to create a company that would solve traffic by building a system of underground tunnels. Musk founded The Boring
In this article AAPL An aerial view of the new Apple headquarters on April 28, 2017 in Cupertino, California. Getty Images Apple will delay a return to office by at least a month, rolling back its initial plan to bring workers in three days a week starting in September, Bloomberg reported. The report will push
In this article MSFT Satya Nadella, CEO of Microsoft Source: Microsoft Microsoft on Tuesday said it’s rolling out a Windows 11 update that includes its Chat feature for talking with friends and family members over Microsoft Teams. People who are already testing Windows 11 through the Windows Insider program will be able to try the
CEO of Comcast Brian Roberts arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images The prisoner’s dilemma is a standard game theory situation often taught in business school. Comcast Chief Executive Brian Roberts and ViacomCBS chairman Shari Redstone are living it in
Revolut’s new travel booking feature, Stays. Revolut LONDON — European fintech giant Revolut is jumping into the travel industry. The London-based firm launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app. Customers can receive up to 10% cashback on bookings made through Revolut, the company said.
In this article GOOGL President Joe Biden announced Tuesday that he will nominate Google critic and progressive favorite Jonathan Kanter to lead the Justice Department’s Antitrust Division. The selection is another shot across the bow at the Big Tech firms, following his nomination of Lina Khan to lead the Federal Trade Commission. Khan has been
In this article NFLX Co-CEO of Netflix Reed Hastings (R) and CEO of Nubank David Velez walk together at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report second-quarter earnings after the bell on Tuesday. Here are the key
In this article AMZN Chief Executive Officer of Amazon, Jeff Bezos, tours the facility at the grand opening of the Amazon Spheres, in Seattle, Washington on January 29, 2018. Jason Redmond | AFP | Getty Images Jeff Bezos just took on a new title after stepping down as CEO of Amazon earlier this month —
Tesla Supercharger Station CNBC | Andrew Evers Tesla CEO Elon Musk said Tuesday that the company’s network of DC fast-charging stations for its electric vehicles, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021. Responding to a Tesla fan on Twitter, where Musk commands a following of
The Vermont State Police released this photo of the 2019 Chevrolet Bolt EV that caught fire on July 1, 2021 in the driveway of state Rep. Timothy Briglin, a Democrat. Vermont State Police General Motors is telling owners of 2017-2019 Bolt EVs that were part of a recent recall not to park their vehicles inside
In this article FB CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Facebook CEO Mark Zuckerberg on Wednesday announced the company plans to pay out $1 billion through 2022 to users
In this article DIDI A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China — Rivals to Chinese ride-hailing giant Didi are trying to eat away at
(L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix has hired video-game executive Mike Verdu from Facebook, where he was vice president of augmented reality and virtual reality content, as the company
For years, cryptocurrency holdings of U.S. taxpayers have existed in a sort of reporting gray zone. But now, those crypto wallets are getting a whole lot of attention from the Internal Revenue Service and President Biden, who appear determined to crack down on tax cheats. The timing makes sense. The president needs to raise money,
Nikolay Storonsky, founder and CEO of Revolut, on stage at the 2019 Web Summit technology conference in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — British fintech firm Revolut said Thursday it had raised $800 million in a new funding round led by SoftBank and Tiger Global. Revolut, which
In this article 1024-HK BABA 700-HK DIDI In this photo illustration the Chinese technology firm Tencent logo seen on an Android mobile device with People’s Republic of China flag in the background. Budrul Chukrut | SOPA Images | LightRocket | Getty Images GUANGZHOU, China — Chinese technology giants are looking to make changes to their
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