Ryan Browne
@ryanbrownecnbc.bsky.social
London-based correspondent covering tech for CNBC.
Email: ryan.browne@nbcuni.com
DMs open
Email: ryan.browne@nbcuni.com
DMs open
After years of focusing on North America, Lyft is finally entering Europe with a deal to buy German-headquartered ride-hailing platform Free Now for $200m. www.cnbc.com/2025/04/16/l...
Worth noting that Uber already has a massive head start here (it first launched in London in.. 2012!!)
Worth noting that Uber already has a massive head start here (it first launched in London in.. 2012!!)
Lyft to buy taxi app Free Now for $200 million to expand into Europe
The acquisition — Lyft's first in Europe — is expected to close in the second half of 2025.
www.cnbc.com
April 16, 2025 at 12:29 PM
After years of focusing on North America, Lyft is finally entering Europe with a deal to buy German-headquartered ride-hailing platform Free Now for $200m. www.cnbc.com/2025/04/16/l...
Worth noting that Uber already has a massive head start here (it first launched in London in.. 2012!!)
Worth noting that Uber already has a massive head start here (it first launched in London in.. 2012!!)
Google has been hit with a major UK lawsuit accusing the tech giant of abusing its dominance in search to squeeze competition.
The class action suit is seeking potential damages north of £5 billion on behalf of hundreds of thousands of businesses.
www.cnbc.com/2025/04/16/g...
The class action suit is seeking potential damages north of £5 billion on behalf of hundreds of thousands of businesses.
www.cnbc.com/2025/04/16/g...
Google faces £5 billion lawsuit in the UK for abusing 'near-total dominance' in search
A class action lawsuit filed Tuesday in the U.K. Competition Appeal Tribunal claims Google abused its position to restrict competing search engines.
www.cnbc.com
April 16, 2025 at 9:26 AM
Google has been hit with a major UK lawsuit accusing the tech giant of abusing its dominance in search to squeeze competition.
The class action suit is seeking potential damages north of £5 billion on behalf of hundreds of thousands of businesses.
www.cnbc.com/2025/04/16/g...
The class action suit is seeking potential damages north of £5 billion on behalf of hundreds of thousands of businesses.
www.cnbc.com/2025/04/16/g...
Known for its critical chipmaking tools, ASML is something of a bellwether for the global semiconductor industry.
Today, the company said tariffs are “creating a new uncertainty” for market demand, suggesting some disruption may be afoot for chipmakers. www.cnbc.com/2025/04/16/c...
Today, the company said tariffs are “creating a new uncertainty” for market demand, suggesting some disruption may be afoot for chipmakers. www.cnbc.com/2025/04/16/c...
ASML shares drop 6% as orders disappoint amid tariff uncertainty
ASML reported net bookings of 3.94 billion euros ($4.47 billion) for the first quarter, versus a Reuters reported forecast of 4.89 billion euros.
www.cnbc.com
April 16, 2025 at 8:30 AM
Known for its critical chipmaking tools, ASML is something of a bellwether for the global semiconductor industry.
Today, the company said tariffs are “creating a new uncertainty” for market demand, suggesting some disruption may be afoot for chipmakers. www.cnbc.com/2025/04/16/c...
Today, the company said tariffs are “creating a new uncertainty” for market demand, suggesting some disruption may be afoot for chipmakers. www.cnbc.com/2025/04/16/c...
Reposted by Ryan Browne
Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation
Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation
U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers who have been overlooked or priced out of traditional insurance. Now, with a million drivers insured and a profitable annual revenue run rate of $500 million, Marshmallow has raised a […]
tcrn.ch
April 15, 2025 at 6:03 AM
Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation
Exclusive: Adobe has invested an undisclosed sum into Synthesia, in a bet that AI will transform video production. www.cnbc.com/2025/04/15/a...
Adobe takes stake in Synthesia, startup behind AI clones for corporate videos
Synthesia told CNBC that Adobe's venture capital arm injected an undisclosed amount of funds into the firm in a "strategic" partnership.
www.cnbc.com
April 15, 2025 at 6:11 AM
Exclusive: Adobe has invested an undisclosed sum into Synthesia, in a bet that AI will transform video production. www.cnbc.com/2025/04/15/a...
As Meta faces off with the FTC in court today, the regulator's former chair Lina Khan says Facebook “panicked” and resorted to a "buy-or-bury scheme" when it saw Instagram and WhatsApp experience huge growth as smartphones took off: www.cnbc.com/2025/04/14/f...
Meta resorted to 'buy-or-bury scheme' with Instagram and WhatsApp deals, former FTC Chair Lina Khan says
Former FTC Chair Lina Khan said Monday that Facebook's acquisitions of Instagram and WhatsApp drastically changed the social networking ecosystem.
www.cnbc.com
April 14, 2025 at 2:50 PM
As Meta faces off with the FTC in court today, the regulator's former chair Lina Khan says Facebook “panicked” and resorted to a "buy-or-bury scheme" when it saw Instagram and WhatsApp experience huge growth as smartphones took off: www.cnbc.com/2025/04/14/f...
The venture capital industry was already under pressure from a lack of big IPOs or M&A deals. Now VCs face an even tougher outlook, with tariff uncertainty and market volatility putting public listings from the likes of Klarna and StubHub on hold: www.cnbc.com/2025/04/11/t... #vc #tech #tariffs
With IPOs on hold even longer, tariffs spell trouble for private tech investors
The venture capital industry was already under a lot of pressure prior to the multitrillion-dollar stock market rout last week.
www.cnbc.com
April 11, 2025 at 1:21 PM
The venture capital industry was already under pressure from a lack of big IPOs or M&A deals. Now VCs face an even tougher outlook, with tariff uncertainty and market volatility putting public listings from the likes of Klarna and StubHub on hold: www.cnbc.com/2025/04/11/t... #vc #tech #tariffs
Nice piece from @haydenfield.bsky.social on Isomorphic Labs, the secretive Google DeepMind spinoff that's trying to achieve groundbreaking drug discoveries using AI. cnbc.com/2025/04/09/i...
Inside Isomorphic Labs, the secretive AI life sciences startup spun off from Google DeepMind
Isomorphic Labs is the secretive AI life sciences startup spun out of Google DeepMind with the goal of solving all disease with AI-powered drug discovery.
cnbc.com
April 9, 2025 at 12:59 PM
Nice piece from @haydenfield.bsky.social on Isomorphic Labs, the secretive Google DeepMind spinoff that's trying to achieve groundbreaking drug discoveries using AI. cnbc.com/2025/04/09/i...
The UK tried to keep details of a hearing on Apple's appeal against demands for a "backdoor" to users' encrypted info a secret.
A tribunal has dismissed that request for secrecy, saying it “would be the most fundamental interference with the principle of open justice.” www.cnbc.com/2025/04/07/u...
A tribunal has dismissed that request for secrecy, saying it “would be the most fundamental interference with the principle of open justice.” www.cnbc.com/2025/04/07/u...
UK loses bid to keep Apple appeal against demand for iPhone 'backdoor' a secret
Apple has triumphed over an effort from the U.K. government to keep secret details of its appeal against an order to create a "backdoor" to iPhone users' data.
www.cnbc.com
April 7, 2025 at 3:05 PM
The UK tried to keep details of a hearing on Apple's appeal against demands for a "backdoor" to users' encrypted info a secret.
A tribunal has dismissed that request for secrecy, saying it “would be the most fundamental interference with the principle of open justice.” www.cnbc.com/2025/04/07/u...
A tribunal has dismissed that request for secrecy, saying it “would be the most fundamental interference with the principle of open justice.” www.cnbc.com/2025/04/07/u...
In his annual shareholder letter, JPMorgan boss Jamie Dimon warns tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods, weighing down a slowing US economy. www.cnbc.com/2025/04/07/j...
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets crash.
www.cnbc.com
April 7, 2025 at 10:41 AM
In his annual shareholder letter, JPMorgan boss Jamie Dimon warns tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods, weighing down a slowing US economy. www.cnbc.com/2025/04/07/j...
Trump extended the deadline for ByteDance to sell TikTok's US operations until mid-June.
TikTok faces an effective ban in the US if its Chinese parent company can't agree on a sale.
Numerous suitors for the app have emerged, including Oracle, Amazon and AppLovin. www.cnbc.com/2025/04/04/t...
TikTok faces an effective ban in the US if its Chinese parent company can't agree on a sale.
Numerous suitors for the app have emerged, including Oracle, Amazon and AppLovin. www.cnbc.com/2025/04/04/t...
Trump extends TikTok deadline for the second time
President Trump extended a deadline requiring China-based ByteDance to sell U.S. TikTok operations, marking the second time Trump has taken such an action.
www.cnbc.com
April 7, 2025 at 7:35 AM
Trump extended the deadline for ByteDance to sell TikTok's US operations until mid-June.
TikTok faces an effective ban in the US if its Chinese parent company can't agree on a sale.
Numerous suitors for the app have emerged, including Oracle, Amazon and AppLovin. www.cnbc.com/2025/04/04/t...
TikTok faces an effective ban in the US if its Chinese parent company can't agree on a sale.
Numerous suitors for the app have emerged, including Oracle, Amazon and AppLovin. www.cnbc.com/2025/04/04/t...
Klarna and StubHub have both slammed the brakes on their IPOs in response to market volatility following Trump's tariffs on several major US trading partners. www.cnbc.com/2025/04/04/k...
Klarna, StubHub delay IPOs as Trump's tariffs roil markets
Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shock waves through the U.S. markets.
www.cnbc.com
April 7, 2025 at 7:10 AM
Klarna and StubHub have both slammed the brakes on their IPOs in response to market volatility following Trump's tariffs on several major US trading partners. www.cnbc.com/2025/04/04/k...
Plaid has more than halved in value in a new funding round netting the company $575 million.
The US fintech is now valued at $6 billion, down from $13.4 billion it was worth in 2021. www.cnbc.com/2025/04/03/p...
The US fintech is now valued at $6 billion, down from $13.4 billion it was worth in 2021. www.cnbc.com/2025/04/03/p...
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.
www.cnbc.com
April 3, 2025 at 1:57 PM
Plaid has more than halved in value in a new funding round netting the company $575 million.
The US fintech is now valued at $6 billion, down from $13.4 billion it was worth in 2021. www.cnbc.com/2025/04/03/p...
The US fintech is now valued at $6 billion, down from $13.4 billion it was worth in 2021. www.cnbc.com/2025/04/03/p...
Nintendo's new Switch 2 will hit the shelves on June 5 for a price of $449.99 (£395.99 in the UK).
All details - including a new camera accessory catering for streamers - here in our story, from @kif.bsky.social: www.cnbc.com/2025/04/02/n...
All details - including a new camera accessory catering for streamers - here in our story, from @kif.bsky.social: www.cnbc.com/2025/04/02/n...
Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games
Nintendo will launch game titles including "Mario Kart World" and "Street Fighter 6" alongside the new hardware.
www.cnbc.com
April 2, 2025 at 3:16 PM
Nintendo's new Switch 2 will hit the shelves on June 5 for a price of $449.99 (£395.99 in the UK).
All details - including a new camera accessory catering for streamers - here in our story, from @kif.bsky.social: www.cnbc.com/2025/04/02/n...
All details - including a new camera accessory catering for streamers - here in our story, from @kif.bsky.social: www.cnbc.com/2025/04/02/n...
Raspberry Pi reported a 57% drop in profit for 2024, in the company’s first earnings report since its London listing. www.cnbc.com/2025/04/02/e...
Healthcare stocks drop 2.2% on brink of Trump tariffs; Europe markets fall: Live updates
European markets were lower Wednesday as global traders brace themselves for a raft of fresh U.S. trade tariffs.
www.cnbc.com
April 2, 2025 at 9:47 AM
Raspberry Pi reported a 57% drop in profit for 2024, in the company’s first earnings report since its London listing. www.cnbc.com/2025/04/02/e...
Investors now think OpenAI is worth $300 billion...!
Gonna be interesting to see how it all shakes out when investors start getting itchy for a return on their mammoth investments into this company...
www.cnbc.com/2025/03/31/o...
Gonna be interesting to see how it all shakes out when investors start getting itchy for a return on their mammoth investments into this company...
www.cnbc.com/2025/03/31/o...
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.
www.cnbc.com
April 1, 2025 at 11:54 AM
Investors now think OpenAI is worth $300 billion...!
Gonna be interesting to see how it all shakes out when investors start getting itchy for a return on their mammoth investments into this company...
www.cnbc.com/2025/03/31/o...
Gonna be interesting to see how it all shakes out when investors start getting itchy for a return on their mammoth investments into this company...
www.cnbc.com/2025/03/31/o...
After years of struggles in its consumer devices unit following Trump's crackdown, Huawei is nearly back to where it was in 2020, reporting its second-highest revenue figure ever for 2024.
Story here from @arjunkharpal.bsky.social: www.cnbc.com/2025/03/31/h...
Story here from @arjunkharpal.bsky.social: www.cnbc.com/2025/03/31/h...
Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold
Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors.
www.cnbc.com
March 31, 2025 at 10:49 AM
After years of struggles in its consumer devices unit following Trump's crackdown, Huawei is nearly back to where it was in 2020, reporting its second-highest revenue figure ever for 2024.
Story here from @arjunkharpal.bsky.social: www.cnbc.com/2025/03/31/h...
Story here from @arjunkharpal.bsky.social: www.cnbc.com/2025/03/31/h...
New: I had an hour-long interview with the CEO of Klarna last year. We spoke about everything from his views on AI and how he thinks it will replace jobs to the challenges of being a founder-CEO for two decades. www.cnbc.com/2025/03/31/k...
After 20 years at the helm, Klarna CEO Sebastian Siemiatkowski faces his biggest test yet: A U.S. IPO
Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.
www.cnbc.com
March 31, 2025 at 9:40 AM
New: I had an hour-long interview with the CEO of Klarna last year. We spoke about everything from his views on AI and how he thinks it will replace jobs to the challenges of being a founder-CEO for two decades. www.cnbc.com/2025/03/31/k...
Reposted by Ryan Browne
I really did try and tell people
Newsletter: We need to talk about CoreWeave, the first big IPO of the generative AI bubble, with a speculated $35bn valuation, burdened by ruinous debt, impossible-to-meet capacity obligations, and a data center partner that's never built any AI compute.
www.wheresyoured.at/core-incompetency/
www.wheresyoured.at/core-incompetency/
CoreWeave Is A Time Bomb
Soundtrack: EL-P (ft. Aesop Rock) - Run The Numbers
In my years writing this newsletter I have come across few companies as rotten as CoreWeave — an "AI cloud provider" that sells GPU compute to AI c...
www.wheresyoured.at
March 28, 2025 at 5:37 PM
I really did try and tell people
This should be good 🍿 www.cnbc.com/2025/03/28/c...
CoreWeave set to begin trading after biggest U.S. tech IPO since 2021
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
www.cnbc.com
March 28, 2025 at 5:07 PM
This should be good 🍿 www.cnbc.com/2025/03/28/c...
Ubisoft shares are surging this morning after the video game maker said it was spinning off some of its top franchises - including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six - into a new subsidiary backed by China's Tencent. www.cnbc.com/2025/03/28/u...
Assassin's Creed-maker Ubisoft's shares surge 11% on deal to spin off top game franchises
Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises.
www.cnbc.com
March 28, 2025 at 10:14 AM
Ubisoft shares are surging this morning after the video game maker said it was spinning off some of its top franchises - including Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six - into a new subsidiary backed by China's Tencent. www.cnbc.com/2025/03/28/u...
UK considers big tech tax changes to appease Donald Trump
Rachel Reeves says talks are
www.bbc.co.uk
March 26, 2025 at 4:20 PM
Fintech funding coming back?
Mercury, a San Francisco-based startup that offers bank accounts for businesses, announces it's raised $300 million.
The round was led by Sequoia Capital and doubles Mercury's valuation to $3.5 billion from $1.6 billion previously. www.businesswire.com/news/home/20...
Mercury, a San Francisco-based startup that offers bank accounts for businesses, announces it's raised $300 million.
The round was led by Sequoia Capital and doubles Mercury's valuation to $3.5 billion from $1.6 billion previously. www.businesswire.com/news/home/20...
Mercury Announces $300 Million Series C Round at $3.5 Billion Valuation
Mercury, the fintech ambitious companies use for banking*, credit cards, and software to power all their financial workflows, today announced a $300 million ...
www.businesswire.com
March 26, 2025 at 3:51 PM
Fintech funding coming back?
Mercury, a San Francisco-based startup that offers bank accounts for businesses, announces it's raised $300 million.
The round was led by Sequoia Capital and doubles Mercury's valuation to $3.5 billion from $1.6 billion previously. www.businesswire.com/news/home/20...
Mercury, a San Francisco-based startup that offers bank accounts for businesses, announces it's raised $300 million.
The round was led by Sequoia Capital and doubles Mercury's valuation to $3.5 billion from $1.6 billion previously. www.businesswire.com/news/home/20...
Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump’s White House, @lorak.bsky.social reports. www.cnbc.com/2025/03/20/t...
Tesla owners are trading in their EVs at record levels, Edmunds says
Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump's White House.
www.cnbc.com
March 21, 2025 at 2:58 PM
Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump’s White House, @lorak.bsky.social reports. www.cnbc.com/2025/03/20/t...