Fintech giant Revolut appoints new UK boss amid struggles to get banking license
European fintech firm Revolut on Thursday said it appointed former Barclays executive Francesca Carlesi as its new U.K. CEO. Carlesi,…
UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China
The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, highlighting…
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…
Elon Musk wants your ‘entire financial life’ on X: Report
X owner Elon Musk is attempting to create a future in which X users can use the platform for their…
Huawei’s revenue barely rose in the third quarter, despite phone and car sales growth
BEIJING — Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter…
Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration
BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to…
Tech stocks suffer two-day selloff as investors find ‘wrinkle or two’ in Alphabet, Meta earnings
Alphabet’s earnings sailed past Wall Street estimates after the markets closed on Tuesday. Meta followed suit on Wednesday, solidly topping…
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
From the U.S. to China, countries around the world are battling it out to lead on financial technology, a heavily…
We can use AI to fight predatory robocalls, experts tell senators
WASHINGTON — Senators took a bipartisan stance against abusive robocalling on Tuesday, appealing to experts for enforcement measures as more…
Coinbase shares rise 6% as Grayscale ETF ruling takes effect
Shares of cryptocurrency exchange Coinbase rose about 6% Tuesday as optimism about a long-awaited bitcoin spot exchange-traded fund approval buoyed…
