Breaking News: Technology

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it posted a profit in the first half of the year, swinging into the black from a loss…

Xpeng releases mass-market EV with basic driver-assist for less than $20,000

BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models…

Volkswagen China is spending lots of time at Xpeng to make new EVs

BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work…

Canada to slap 100% import tariffs on Chinese electric vehicles over ‘unfair’ competition

Canada said on Monday it would impose 100% import tariffs on China-made electric vehicles, following in the footsteps of the…

Trump says Musk wouldn’t have time to be in his White House cabinet, but could ‘consult’

Former President Donald Trump said that Tesla and SpaceX CEO Elon Musk likely couldn’t serve in his hypothetical White House…

Crypto industry accounts for almost half of corporate donations in 2024 election, report says

As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the…

Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

Former President Donald Trump will soon be free to start unloading his multibillion-dollar stake in his fledgling social media startup,…

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

LONDON — British technology entrepreneur Mike Lynch has been found dead in the wreckage of his superyacht, which sank off…

China’s self-driving startup WeRide delays U.S. IPO as deadline looms

Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more…

Harris allies make a pitch to CEOs that she would be good for business

CHICAGO — Vice President Kamala Harris’ allies in the business community are privately making a pitch to CEOs about why they…