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Kate Rooney / CNBC:
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week   —  - The world's largest cryptocurrency is now down 22 percent in the past week, falling as much as 12 percent Monday to its lowest level in more than a year.
Nov 19, 2018, 10:30 PMIn context
Elizabeth Schulze / CNBC:
Ping An, one of China's biggest financial conglomerates, takes its first step into the EU, leading a €41.5M round for Finleap, a Berlin-based fintech incubator   —  - One of China's biggest financial conglomerates announced its first venture into continental Europe on Monday.
Nov 19, 2018, 7:10 PMIn context
Christina Farr / CNBC:
Alphabet's Verily says it's pausing its glucose-sensing contact lens project because, after four years of study, lenses didn't gauge blood sugar levels reliably   —  - In a show of transparency, Verily posted a blog post on Friday explaining why it is hitting the pause button on its glucose-sensing contact lens.
Nov 16, 2018, 5:25 PMIn context
CNBC:
Google says Diane Greene will step down as Google Cloud CEO in early 2019, will be replaced by Oracle's former president of product development Thomas Kurian   —  Diane Greene, who was hired three years ago to build Google's cloud-computing business, is being replaced in that job by former Oracle executive Thomas Kurian.
Nov 16, 2018, 12:57 PMIn context
Deirdre Bosa / CNBC:
Sources: Airbnb recognized “substantially more” than $1B in Q3 revenue, on track to report EBITDA profits for 2018, and earned $100M on $2.6B in revenue in 2017   —  - A source told CNBC the company is on track to be profitable for the second straight year, as measured by earnings before interest …
Nov 16, 2018, 12:02 PMIn context
CNBC:
Nvidia Q3: revenue of $3.18B, up 21% YoY, vs. $3.24B est., gaming revenue of $1.76B, vs. $1.89B est., and net income of $1.2B; stock down 16%+   —  Nvidia stock fell as much as 19 percent Thursday after the company reported earnings for the third quarter of its 2019 fiscal year, which ended on Oct. 28.
Nov 15, 2018, 5:05 PMIn context
Salvador Rodriguez / CNBC:
Facebook claims more progress against fake news and other ills following bombshell report   — Facebook on Thursday issued its first content removal report since May, giving insight into how the company is doing in its efforts to remove harmful content, such as fake accounts, hate speech and graphic violence, from its service.
Nov 15, 2018, 1:35 PMIn context
Chloe Taylor / CNBC:
PitchBook: London saw a 200%+ rise in AI investment between 2015 and 2017, and over the last year the financing grew 43%   —  London is establishing a reputation as a global artificial intelligence (AI) hub, with investors flocking to the city.  —  New research from Pitchbook, seen by CNBC …
Nov 15, 2018, 1:20 PMIn context
Jordan Novet / CNBC:
Cisco beats with Q1 revenues of $13.07B, up 8% YoY, vs. $12.87B est., revenues of $7.64B for its Infrastructure Platforms business, up 9% YoY, vs. $7.4B est.   —  Cisco stock rose slightly after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year.
Nov 14, 2018, 6:10 PMIn context
Kate Rooney / CNBC:
Bitcoin dropped to $5,650, its lowest level in over a year, as other major cryptocurrencies fell 10%+; total crypto market has dropped by $15B in 24 hours   —  - Bitcoin fell more than 7 percent Wednesday, a new low for the year, after a relatively calm few months.
Nov 14, 2018, 12:35 PMIn context

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