Tech

Nintendo continued to benefit from the release of the flagship Zelda game and “Super Mario Bros. Movie” this year, as it reported better-than-expected sales and profit for its fiscal second quarter on Tuesday. Compared to LSEG estimates, Nintendo performed as follows in its fiscal second quarter: Revenue: 334.9 billion Japanese yen ($2.2 billion) as opposed

Adam Neumann was a key player in WeWork’s meteoric rise and dramatic descent into Chapter 11 bankruptcy protection on Monday. The former CEO of WeWork established the business in 2010 and, primarily by sheer force of personality, built a real estate conglomerate that peaked in January 2019 at a valuation of $47 billion. Merely valued

Purchase now, pay later In a symbolic step that prepares the company for a potential listing, Klarna has formed a holding company in the UK that will occupy the highest position within its corporate structure. A Klarna representative verified to CNBC that the Stockholm-based company, which offers customers the option to spread out payments over

Deutsche Bank and UniCredit have contributed an additional $55 million to Wefox, the $4.5 billion German insurance technology company, according to two unnamed sources with knowledge of the transaction that was able to obtain. The sources, who were not authorized to publicly disclose the information, claimed that the company, which offers insurance plans through an

If they pay a monthly fee, social media users in Europe will soon have the option to browse Facebook and Instagram without seeing any advertisements. For 9.99 euros a month on desktop and 12.99 euros on iOS or Android devices, users in Europe who are older than 18 can subscribe to an ad-free version of