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Deliveroo shares fall as it gives cautious guidance in first update since IPO flop

Deliveroo shares fall as it gives cautious guidance in first update since IPO flop
A Deliveroo rider's bike near Victoria station on March 31, 2021 in London, England. Dan Kitwood | Getty Images LONDON — Shares of British food delivery firm Deliveroo fell on Thursday, as the company warned its growth could lose steam as economies start to reopen. In its...

Coinbase gets reference price of $250 per share from Nasdaq ahead of today’s direct listing

Coinbase gets reference price of $250 per share from Nasdaq ahead of today's direct listing
Chris Delmas | AFP | Getty Images Nasdaq gave Coinbase a reference price of $250 a share ahead of Wednesday's planned direct listing, which would value the cryptocurrency exchange at about $65.3 billion on a fully diluted basis. Coinbase is set to become the first major...

Anker Introduces an Affordable, AI-Enabled Webcam for Home Offices

Anker Introduces an Affordable, AI-Enabled Webcam for Home Offices
<p class="heading_excerpt">The PowerConf C300 webcam promises superior noise cancellation and 1080p video at just $130.</p> Anker is expanding its growing lineup of home office devices to include the PowerConf C300, a smart 1080p webcam that comes equipped with...

Bitcoin hits new all-time high above $62,000 ahead of Coinbase debut

Coinbase direct listing set for April 14 after SEC approval
The Coinbase cryptocurrency exchange application seen on the screen of an iPhone. Getty Images Bitcoin surged to a fresh record high of more than $62,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed more than 4%...

Alibaba shares rise 2% after Beijing orders Ant Group to revamp business

Vanguard gave up on mutual funds in China, but it may have found a different way into the market
A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters GUANGZHOU, China — Alibaba shares in Hong Kong jumped nearly 4% at the open on Tuesday after...

Someone Is Selling Their Actual House as an NFT

Someone Is Selling Their Actual House as an NFT
<p class="heading_excerpt">Who wants to list their home with real estate agents any more? Just sell it online as a digital collectable.</p> NFTs, short for non-fungible tokens, are entirely unique tokens stored on the blockchain that record the...

Microsoft buys Nuance Communications in a $16 billion deal

Microsoft buys Nuance Communications in a $16 billion deal
Microsoft announced Monday that it will buy speech recognition company Nuance Communications for $56 per share, about 23% above its closing price Friday. The deal is worth about $16 billion and about $19 billion including debt. It's the latest news24nation Microsoft is hunting for more...

Cybersecurity start-up Darktrace plans to go public in London despite Deliveroo’s IPO flop

Cybersecurity start-up Darktrace plans to go public in London despite Deliveroo's IPO flop
A Darktrace cybersecurity software demonstration shows how a global problem can start with just one employee's work station. Michael S. Williamson | The Washington Post | Getty Images LONDON — British cybersecurity start-up Darktrace said Monday that it plans to go public in London, defying fears...

Alibaba shares rise 6% in U.S. premarket trading after $2.8 billion anti-monopoly fine

Stocks making the biggest moves midday: Ulta, Alibaba, Netflix & more
The news24nationage is seen at Alibaba Group headquarters during the company's 11.11 Singles' Day global shopping festival in Hangzhou, Zhejiang province, China, November 11, 2020. Aly Song | Reuters GUANGZHOU, China — Alibaba shares rose 6% in premarket trading in the U.S. after the company was...