British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily
LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC.
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Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026
Tencent-backed payments startup Airwallex has reached an annual revenue run rate of $500 million and will look to get ready for an initial public offering by 2026, CEO and co-founder Jack Zhang told CNBC in an exclusive interview.
Britain considers tougher internet safety laws after riots, Musk comments — what you need to know
LONDON — Prime Minister Keir Starmer's Labour government is considering ways to toughen up internet safety regulations in the U.K. after misinformation sparked a spate of anti-immigration protests and X owner Elon Musk made incendiary comments in posts that were viewed by millions of people.
Video game industry faces sluggish growth in 2024 amid weak console sales, research firm says
The global video game market is set for sluggish annual growth this year amid weak sales of gaming consoles, according to a new report from market research firm Newzoo.
HelloFresh shares pop 10% as meal kit giant beats profit estimates
Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second quarter and said its ready-to-eat meals segment saw rapid growth.
European Commission warns Elon Musk ahead of Trump interview to keep hate speech off X
The European Commission on Monday warned X Corp. owner Elon Musk and CEO Linda Yaccarino that the company may face penalties and restrictions in Europe if it doesn't address the spread of illegal content, including incitements to violence and hate speech, on its social media platform.
Maduro orders 10-day ban on Elon Musk's X in Venezuela after feud with billionaire
Contested Venezuelan President Nicolas Maduro ordered a 10-day ban on social networking platform X, cutting off locals' access to the platform after a feud with Elon Musk.
Deliveroo shares jump 8% after posting first-ever profit on 'inflection' in consumer demand
British food delivery firm Deliveroo reported a small profit in the first half of the year, inching into the black for the first time ever after logging growth in consumer demand.