Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
The CEO of blockchain startup Ripple sees the combined market capitalization of the cryptocurrency market topping $5 trillion this year.…
China’s Nio to expand battery swap services to gain an edge on EV infrastructure
BEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an…
Trump to be deposed in dispute with media company co-founders
Republican presidential candidate Donald Trump is scheduled to be deposed later this month by lawyers for co-founders of his social media company…
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product…
FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture
Watch Daily: Monday – Friday, 3 PM ET FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on…
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model…
TikTok makes $2.1 million TV ad buy as Senate reviews bill that could ban app
TikTok has launched a $2.1 million advertising campaign with a clear message for senators in tough reelection fights this year:…
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the…
SEC scores big win in lawsuit against crypto exchange Coinbase
Watch Daily: Monday – Friday, 3 PM ET The Securities and Exchange Commission scored a major win in its lawsuit…
