Breaking News: Technology

Binance to sell Russia business for undisclosed amount

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…

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…