Beyond the update on international expansion, Bunq also on Tuesday reported a 65% year-over-year jump in profit to 85.3 million euros ($97.2 million). That jump was primarily driven by a 55% increase in net interest income, while net fee income also grew 35%.
Similarly to fintech peers such as N26 and Monzo, Bunq has benefited from a high interest rate environment by pocketing yields on customer deposits sat at the central bank.
Bunq's CEO told CNBC that, while high interest rates have certainly helped, more generally Bunq is seeing increased usage of the platform and has been focused on cost efficiency from an operational perspective.
Bunq is coming up against heaps of competition, especially in the U.S. market. America is already served by established consumer banking giants, including JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. It's also home to several major fintech brands, such as Chime and Robinhood.
As part of the probe, the Commerce Department will investigate the "feasibility of increasing domestic semiconductors capacity" in order to reduce reliance on imports and whether additional trade measures, including tariffs, are "necessary to protect national security."
The investigation encompasses a wide range of items, including chip components such as silicon wafers, chipmaking equipment, and "downstream products that contain semiconductors."
Semiconductors play a role in essentially every type of modern electronics, giving the investigation massive implications for Trump's global trade war as he seeks to boost U.S. manufacturing.
The Commerce Department will first allow for public comments on the investigation to be submitted no later than 21 days from Wednesday.
However, on Sunday, Trump reportedly said he will be announcing new tariff rates on imported semiconductors over the next week, and that flexibility will be shown to certain companies.
On the same day, Commerce Secretary Howard Lutnick told ABC News' "This Week" that separate tariffs for semiconductors and electronic products were coming in "probably a month or two."
Trump's Commerce Department cited the probe under Section 232 of the Trade Expansion Act of 1962, which can permit the U.S. president to impose tariffs on the grounds of national security.
Nvidia, the chipmaker powering much of the artificial intelligence boom, announced on Monday a plan to design and build factories that, for the first time, will produce NVIDIA AI supercomputers entirely in the U.S.
Last month, Taiwan Semiconductor Manufacturing, the world's largest chip foundry, announced its intention to increase its existing investments in advanced semiconductor manufacturing in the U.S. by an additional $100 billion.
It's not the first time Adobe has placed a big bet on a venture-backed startup. It previously tried to acquire design platform Figma for $20 billion, but called the deal off following scrutiny from European Union and U.K. regulators. Adobe is also an active venture investor, backing startups such as Captions and VidMob.
Profitability 'not an immediate focus'
In addition to the investment from Adobe, Synthesia also announced that it hit $100 million in annual recurring revenue (ARR) — a measure of annual revenue generated from subscriptions that renew each year.
"We've grown approximately 100% year-over-year, driven by strong customer expansion and best-in-class unit economics," Riparbelli said. "Surpassing $100 million in ARR puts us in a very small group of AI-native companies with real commercial
The U.S. is the second largest export destination for South Korea, with exports rising 10.5% year-on-year to $127.8 billion in 2024, reaching a new annual high for the seventh consecutive year.
On Monday, acting South Korean president Han Duck-soo reportedly said that Trump had "apparently" instructed his administration to conduct immediate tariff negotiations with South Korea, according to local media outlet Yonhap.
Daniel Yoo, head of the global investment department at Yuanta Securities, said the move was a "sovereign effort to boost the semiconductor industry," given that Seoul's efforts at shoring up its semiconductor sector were slower compared to other countries.
"Definitely, it is positive news to keep the #1 market share in the memory side of the semiconductor industry," Yoo added.
In an investor presentation last month, the company said it was expecting $390.2 million in 2024 revenue, which would be roughly flat from 2023.
Former Alibaba and Xiaomi manager Wang Anquan founded Webull in 2016, and he remains the company's global CEO. Investors include Coatue, General Atlantic and Lightspeed. The app gained popularity during the Covid pandemic, as U.S. citizens used stimulus checks to invest, Anthony Denier, the company's group president and U.S. CEO, told CNBC in 2021. Webull users are "much more intellectual" than Robinhood's, Denier has said.
In November, the U.S. House Select Committee on the Chinese Communist Party sent a letter to Denier inquiring about the company's ties to China. The company didn't immediately respond to a request for comment.
Google’s partnership with MediaTek is partly because of the strong relationship between the Taiwanese firm and TSMC.
Recently, Google collaborated with TSMC instead of Samsung to produce the first custom Pixel chip, Tensor G5.
According to reports, Google plans to drop the Korean Samsung in favor of TSMC to launch its fully customized Tensor G5 chip in 2025.
The current power project by Google could support its local operations and its ambition to tap Taiwan’s market for next-generation chips.
Since 2019, Baseload Capital’s subsidiary, Baseload Power Taiwan, has been actively conducting local geothermal resource exploration, engaging closely with local communities, and working with the Taiwan government to improve the regulatory and permitting framework for geothermal energy.
Google’s support of these geothermal projects will help build the local workforce and expertise, supply chain, and infrastructure to unlock lower costs and faster deployment of future projects.
DolphinGemma receives and interprets audio inputs and then predicts likely subsequent sounds for recreation. Then, it partners with the CHAT system installed on the modified Google Pixel smartphones. The CHAT system cannot entirely translate a dolphin’s natural way of communication, but it can help humans establish a more simplified, shared vocabulary.
The goal is to gradually teach members of the WDP’s Atlantic spotted dolphin community a set of artificial whistles, each linked to a favorite object like seagrass, sargassum, or even researchers’ scarves. Eventually, scientists hope the dolphins will learn to use these whistles to request specific items when they want to play.
There’s still a lot of work to be done to bridge this communication gap. The use of LLMs, however, is a beacon of light and another step closer in achieving this purpose.
This innovative approach could offer new insights into how dolphins use sound to communicate desires and form social bonds. If successful, it may also pave the way for more advanced interspecies communication experiments in the future.
Zuckerberg spoke in a monotone as he read aloud old posts and internal emails outlining his thinking ahead of the Instagram acquisition, prompted by FTC attorney Matheson.
The Meta boss also rejected allegations that the 2012 and 2014 acquisitions were aimed at stifling rivals, even as the FTC maintained that the acquisitions helped his company secure an unlawful monopoly over content-sharing apps.
The FTC’s case hinges on internal emails from as early as 2008, where Zuckerberg appeared to suggest it was easier to acquire emerging rivals than compete with them.
At the time of their acquisitions, Instagram had about 30 million users and was bought for $1 billion, while WhatsApp, with around 450 million users, was acquired for $19 billion. Both have since outpaced Facebook’s growth, according to The New York Times.
James Litinsky, executive chairman of MP Materials, underscored the urgency: “Drones and robotics are widely considered the future of warfare… and the critical inputs for our future supply chain are shut down.”
Beijing’s ‘Trump’ card in escalating trade war
Trump has defended the tariffs, saying they are necessary to correct trade imbalances with China. He has also hinted at targeting semiconductors and electronic devices next. His commerce secretary confirmed smartphones and laptops could be included in upcoming rounds.
China, meanwhile, is flexing its dominance in rare earths as a form of economic retaliation. With nearly total control over global supply, Beijing can tighten or sever access whenever it chooses.
“Does the export control or ban potentially have severe effects in the U.S.? Yes,” said Daniel Pickard, who chairs the critical minerals advisory committee for the U.S. government.
Mining has quietly resumed in Longnan, China’s rare earth hub, despite earlier environmental concerns. Processing centers in the region supply global players like Tesla and BYD with precision-engineered magnets and materials.
According to Hugging Face, with over $395 million raised from investors including Google, Amazon, Nvidia, and Salesforce, it is positioned to bring AI and robotics closer together—empowering a global community of developers to innovate in virtual and physical domains.
“The first robot we’re offering is Reachy 2 — your friendly little lab partner for the AI era that is already in use in labs like Cornell or Carnegie Mellon. It’s a state-of-the-art humanoid robot that is open-source & VR-compatible, built for research, education, and embodied AI experiments. You can already order one for $70,000,” said the firm in a statement.
Beyond the update on international expansion, Bunq also on Tuesday reported a 65% year-over-year jump in profit to 85.3 million euros ($97.2 million). That jump was primarily driven by a 55% increase in net interest income, while net fee income also grew 35%.
Similarly to fintech peers such as N26 and Monzo, Bunq has benefited from a high interest rate environment by pocketing yields on customer deposits sat at the central bank.
Bunq's CEO told CNBC that, while high interest rates have certainly helped, more generally Bunq is seeing increased usage of the platform and has been focused on cost efficiency from an operational perspective.
Bunq is coming up against heaps of competition, especially in the U.S. market. America is already served by established consumer banking giants, including JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. It's also home to several major fintech brands, such as Chime and Robinhood.
As part of the probe, the Commerce Department will investigate the "feasibility of increasing domestic semiconductors capacity" in order to reduce reliance on imports and whether additional trade measures, including tariffs, are "necessary to protect national security."
The investigation encompasses a wide range of items, including chip components such as silicon wafers, chipmaking equipment, and "downstream products that contain semiconductors."
Semiconductors play a role in essentially every type of modern electronics, giving the investigation massive implications for Trump's global trade war as he seeks to boost U.S. manufacturing.
The Commerce Department will first allow for public comments on the investigation to be submitted no later than 21 days from Wednesday.
However, on Sunday, Trump reportedly said he will be announcing new tariff rates on imported semiconductors over the next week, and that flexibility will be shown to certain companies.
On the same day, Commerce Secretary Howard Lutnick told ABC News' "This Week" that separate tariffs for semiconductors and electronic products were coming in "probably a month or two."
Trump's Commerce Department cited the probe under Section 232 of the Trade Expansion Act of 1962, which can permit the U.S. president to impose tariffs on the grounds of national security.
Nvidia, the chipmaker powering much of the artificial intelligence boom, announced on Monday a plan to design and build factories that, for the first time, will produce NVIDIA AI supercomputers entirely in the U.S.
Last month, Taiwan Semiconductor Manufacturing, the world's largest chip foundry, announced its intention to increase its existing investments in advanced semiconductor manufacturing in the U.S. by an additional $100 billion.
It's not the first time Adobe has placed a big bet on a venture-backed startup. It previously tried to acquire design platform Figma for $20 billion, but called the deal off following scrutiny from European Union and U.K. regulators. Adobe is also an active venture investor, backing startups such as Captions and VidMob.
Profitability 'not an immediate focus'
In addition to the investment from Adobe, Synthesia also announced that it hit $100 million in annual recurring revenue (ARR) — a measure of annual revenue generated from subscriptions that renew each year.
"We've grown approximately 100% year-over-year, driven by strong customer expansion and best-in-class unit economics," Riparbelli said. "Surpassing $100 million in ARR puts us in a very small group of AI-native companies with real commercial
The U.S. is the second largest export destination for South Korea, with exports rising 10.5% year-on-year to $127.8 billion in 2024, reaching a new annual high for the seventh consecutive year.
On Monday, acting South Korean president Han Duck-soo reportedly said that Trump had "apparently" instructed his administration to conduct immediate tariff negotiations with South Korea, according to local media outlet Yonhap.
Daniel Yoo, head of the global investment department at Yuanta Securities, said the move was a "sovereign effort to boost the semiconductor industry," given that Seoul's efforts at shoring up its semiconductor sector were slower compared to other countries.
"Definitely, it is positive news to keep the #1 market share in the memory side of the semiconductor industry," Yoo added.
In an investor presentation last month, the company said it was expecting $390.2 million in 2024 revenue, which would be roughly flat from 2023.
Former Alibaba and Xiaomi manager Wang Anquan founded Webull in 2016, and he remains the company's global CEO. Investors include Coatue, General Atlantic and Lightspeed. The app gained popularity during the Covid pandemic, as U.S. citizens used stimulus checks to invest, Anthony Denier, the company's group president and U.S. CEO, told CNBC in 2021. Webull users are "much more intellectual" than Robinhood's, Denier has said.
In November, the U.S. House Select Committee on the Chinese Communist Party sent a letter to Denier inquiring about the company's ties to China. The company didn't immediately respond to a request for comment.
Google’s partnership with MediaTek is partly because of the strong relationship between the Taiwanese firm and TSMC.
Recently, Google collaborated with TSMC instead of Samsung to produce the first custom Pixel chip, Tensor G5.
According to reports, Google plans to drop the Korean Samsung in favor of TSMC to launch its fully customized Tensor G5 chip in 2025.
The current power project by Google could support its local operations and its ambition to tap Taiwan’s market for next-generation chips.
Since 2019, Baseload Capital’s subsidiary, Baseload Power Taiwan, has been actively conducting local geothermal resource exploration, engaging closely with local communities, and working with the Taiwan government to improve the regulatory and permitting framework for geothermal energy.
Google’s support of these geothermal projects will help build the local workforce and expertise, supply chain, and infrastructure to unlock lower costs and faster deployment of future projects.
DolphinGemma receives and interprets audio inputs and then predicts likely subsequent sounds for recreation. Then, it partners with the CHAT system installed on the modified Google Pixel smartphones. The CHAT system cannot entirely translate a dolphin’s natural way of communication, but it can help humans establish a more simplified, shared vocabulary.
The goal is to gradually teach members of the WDP’s Atlantic spotted dolphin community a set of artificial whistles, each linked to a favorite object like seagrass, sargassum, or even researchers’ scarves. Eventually, scientists hope the dolphins will learn to use these whistles to request specific items when they want to play.
There’s still a lot of work to be done to bridge this communication gap. The use of LLMs, however, is a beacon of light and another step closer in achieving this purpose.
This innovative approach could offer new insights into how dolphins use sound to communicate desires and form social bonds. If successful, it may also pave the way for more advanced interspecies communication experiments in the future.
Zuckerberg spoke in a monotone as he read aloud old posts and internal emails outlining his thinking ahead of the Instagram acquisition, prompted by FTC attorney Matheson.
The Meta boss also rejected allegations that the 2012 and 2014 acquisitions were aimed at stifling rivals, even as the FTC maintained that the acquisitions helped his company secure an unlawful monopoly over content-sharing apps.
The FTC’s case hinges on internal emails from as early as 2008, where Zuckerberg appeared to suggest it was easier to acquire emerging rivals than compete with them.
At the time of their acquisitions, Instagram had about 30 million users and was bought for $1 billion, while WhatsApp, with around 450 million users, was acquired for $19 billion. Both have since outpaced Facebook’s growth, according to The New York Times.
James Litinsky, executive chairman of MP Materials, underscored the urgency: “Drones and robotics are widely considered the future of warfare… and the critical inputs for our future supply chain are shut down.”
Beijing’s ‘Trump’ card in escalating trade war
Trump has defended the tariffs, saying they are necessary to correct trade imbalances with China. He has also hinted at targeting semiconductors and electronic devices next. His commerce secretary confirmed smartphones and laptops could be included in upcoming rounds.
China, meanwhile, is flexing its dominance in rare earths as a form of economic retaliation. With nearly total control over global supply, Beijing can tighten or sever access whenever it chooses.
“Does the export control or ban potentially have severe effects in the U.S.? Yes,” said Daniel Pickard, who chairs the critical minerals advisory committee for the U.S. government.
Mining has quietly resumed in Longnan, China’s rare earth hub, despite earlier environmental concerns. Processing centers in the region supply global players like Tesla and BYD with precision-engineered magnets and materials.
For now, the shipments remain stuck indefinitely.
According to Hugging Face, with over $395 million raised from investors including Google, Amazon, Nvidia, and Salesforce, it is positioned to bring AI and robotics closer together—empowering a global community of developers to innovate in virtual and physical domains.
“The first robot we’re offering is Reachy 2 — your friendly little lab partner for the AI era that is already in use in labs like Cornell or Carnegie Mellon. It’s a state-of-the-art humanoid robot that is open-source & VR-compatible, built for research, education, and embodied AI experiments. You can already order one for $70,000,” said the firm in a statement.