SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…
JPMorgan’s UK digital bank blocks customers from buying crypto
Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The…
EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the…
Huawei stays silent on secretive 5G phone at high-profile product launch
BEIJING — Chinese telecommunications and smartphone giant Huawei didn’t reveal any details about its new phone or reported advanced chip…
A top European software investor raises $700 million — defying the venture capital slump
Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling…
Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges
BEIJING — People flocked to a flagship Apple store in downtown Beijing on Friday morning to pick up the latest…
Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
SHANGHAI — Chinese electric car brand Nio on Thursday released an Android smartphone, which the company expects at least half…
Donald Trump Jr.’s social media account on X is hacked, false tweets posted
One of Donald Trump Jr.’s social media accounts was hacked Wednesday and began sending out false tweets, his political advisor…
Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year
As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on…
