London-based online payments company Paysafe is set to begin trading on U.S. public markets after merging with blank-check company Foley Trasimene Acquisition II Corp, billionaire business and sports executive Bill Foley told CNBC Monday. Foley, who…
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Xiaomi Mi 11 Ultra: Price, features, specs, availability
Xiaomi Launched the Mi 11 Ultra smartphone at an event on Monday, March 29. The Chinese smartphone giant is hoping the Mi 11 Ultra will help it push into the premium segment of the market….
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Facebook, Google to lay subsea cables between U.S. and Southeast Asia
The vessel used to lay one of Google’s other subsea cables. Google Facebook and Google are planning to lay two huge subsea cables that will link the West Coast of the U.S. to Singapore and…
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Deliveroo cuts IPO target range after investor backlash
Mike Kemp | In Pictures | Getty Images LONDON – Food delivery start-up Deliveroo has changed the target value for its initial public offering on the London Stock Exchange, after some some investors expressed concerns…
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Amazon gets FDA authorization for at-home Covid-19 test
An Amazon worker inside a warehouse during coronavirus pandemic Amazon has received authorization from the Food and Drug Administration for a Covid-19 test that it hopes to use to bolster its employee screening program. The…
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Getir, Gorillas and Wolt raise big rounds to try and take on Amazon
Miki Kuusi, CEO and co-founder of Wolt. Wolt LONDON – Venture capital firms and private equity investors are going wild for European e-commerce start-ups hoping to take on Amazon. So far this year, three potential…
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Chainalysis doubles valuation to $2 billion with Benioff backing
Marc Benioff, Co-CEO of SalesForce speaking at the WEF in Davos, Switzerland on Jan. 22, 2019. Adam Galica | CNBC Chainalysis, a start-up that sells blockchain data analytics tools, announced Friday that it’s raised $100…
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Deliveroo IPO dogged by workers’ rights complaints
A Deliveroo courier rides along Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions. Pietro Recchia | SOPA Images | LightRocket via Getty Images LONDON – Deliveroo’s stock market listing is…
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