Nvidia will reportedly sell new chips to China that still meet U.S. rules
BEIJING — U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while…
Startup Li Auto is beating Tesla China’s EV sales
BEIJING — Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China…
High-end brothels serviced elected officials, tech and pharma execs, military brass: Feds
A network of “sophisticated” high-end brothels in greater Boston and eastern Virginia provided sex for pay to “elected officials, high…
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution…
China’s truck industry is buying more driver-assist technology
BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. It’s a critical step toward…
Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO
Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top…
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit,…
Block shares surge after earnings beat and increased full-year guidance
Shares of fintech firm Block surged as much as 19% in after-hours trading Thursday, after the company reported third-quarter earnings…
Reid Hoffman-backed PAC may fund primary campaign against progressives Rashida Tlaib, Cori Bush
A political action committee funded largely by LinkedIn co-founder Reid Hoffman may be on the brink of launching a primary…
