Breaking News: Technology

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation

GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it…

Biden administration aims to free up more wireless spectrum

The White House said Monday it is issuing a new strategy and presidential memorandum that aims to free up additional…

Ripple CEO says SEC has lost sight of mission to protect investors

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told…

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…