Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why
Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…
China VCs have a big problem — and it’s not just a drop in U.S. investor appetite
BEIJING — In the years since Alibaba’s U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars…
Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors
Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that…
Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine
WASHINGTON — Three Democratic members of the Senate Committee on Armed Services have asked the Pentagon for information about SpaceX CEO…
Yum China says tech investments let it open more stores without needing more staff
BEIJING — Yum China is spending more on tech, an investment that’s allowed it to open more stores without having…
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market
The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for…
Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan
European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French…
Co-founder of $4 billion crypto fraud scheme gets 20 years in prison, ‘Cryptoqueen’ partner remains at large
The co-founder of the fraudulent OneCoin cryptocurrency, a massive pyramid scheme that amassed more than $4 billion from millions of…
Elizabeth Warren calls for an investigation into Musk and Starlink in Ukraine after biography claim
WASHINGTON — Sen. Elizabeth Warren called for a probe Tuesday following a claim that Tesla and SpaceX CEO Elon Musk curbed a Ukrainian military…
Walter Isaacson’s new Elon Musk biography is already taking off in China
BEIJING — Walter Isaacson’s new biography of Elon Musk hit the Chinese market Tuesday, several hours ahead of the U.S.…
