Breaking News: Technology

Before Apple’s Vision Pro hits the shelves, lower-priced rival Xreal claims it’s near 200k shipments

BEIJING — Less than a year since augmented reality glasses startup Xreal started sales, the Alibaba-backed company is claiming shipments…

Goldman in talks to offload Apple credit card, savings products to American Express, source says

Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a…

Huawei says applying 5G technology to business was more difficult than expected

SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than…

Nonprofit funded by GOP donor Thiel apparently donated to left-leaning group, records show

A nonprofit group funded by Republican megadonor Peter Thiel appears to have donated $3 million to a group that has…

Wise shares spike 16% as higher interest rates help fintech triple profits

Online money transfer firm Wise’s shares soared 16% Tuesday as the company reported a spike in profits thanks to rising…

Biden announces $42 billion high-speed internet initiative

WASHINGTON — President Joe Biden is kicking off a more than $42 billion plan to give every American household access…

Check out this $110 million tech campus being built in Lithuania — the largest in Europe

Lithuania is building a huge tech campus — Europe’s largest — in the capital of Vilnius, as it looks to…

A.I. has a discrimination problem. In banking, the consequences can be severe

AMSTERDAM — Artificial intelligence has a racial bias problem. From biometric identification systems that disproportionately misidentify the faces of Black…

China’s new EV subsidies might not be enough to bolster slowing growth

BEIJING — Subsidies for electric cars aren’t enough to boost growth in China’s slowing economy. One of the few detailed…

Crypto firm Ripple gets in-principle payments license in Singapore

Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good…