Breaking News: Technology

Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn

BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company…

Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security

A federal judge last month rejected a request by Binance founder Changpeng “CZ” Zhao to travel to his home in…

China’s EV players ramp up competition with Tesla using new tech

BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that…

Founders of Wise and Skype raise $436 million to build tech giants in Europe

The founders of Wise, Skype and Songkick have raised 400 million euros ($436.4 million) for a new fund to back…

Unredacted complaint alleges Meta knew of ‘huge volume’ of child sexual harassment on its platforms

WASHINGTON — A new legal filing about child exploitation on Meta‘s Facebook and Instagram apps alleges a 2021 internal company…

AI era is a ‘seismic moment’ in tech we’ve not seen in a decade, top Meta exec says

The new artificial intelligence era represents a huge moment for the tech industry that has not been seen in a…

OpenAI CEO Sam Altman opens up about being fired by the board: ‘Super caught off guard’

DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said the night he was pushed out by the board was…

OpenAI’s Sam Altman says human-level AI is coming but will change world much less than we think

OpenAI CEO Sam Altman says concerns that artificial intelligence will one day become so powerful that it will dramatically reshape…

Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules

A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring…

‘Very good chance’ that U.S. passes stablecoin laws this year, Circle CEO says

The CEO of Circle, the company behind popular stablecoin USD Coin, sees a strong chance that laws for stablecoin issuers…