U.S. warned China to expect updated export curbs in October, official says
The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China…
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
FTX’s multibillion-dollar cryptocurrency blowup hasn’t destroyed all faith in the industry. In a new documentary premiering Monday, FTX customers, insiders…
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…
