Breaking News: Technology

The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel

French business planning software startup Pigment has raised $88 million in a funding round led by ICONIQ, the private investment…

Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype

Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage.…

Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says

The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng…

Investors pull $790 million from crypto exchange Binance after SEC charges

Crypto investors pulled $791.6 million from the crypto exchange Binance in 24 hours, crypto research firm Nansen said Tuesday, after…

Stock markets are ignoring a ‘laundry list’ of risks, strategist says

Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could…

Crypto bill from Republicans lays out clear roles for SEC and CFTC

Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…

Chinese EV startup Li Auto says car deliveries more than doubled in May

BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus…

Pentagon awards SpaceX with Ukraine contract for Starlink satellite internet

WASHINGTON — The Pentagon said Thursday it has agreed to purchase Starlink satellite internet terminals from Elon Musk’s SpaceX for use in…

Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis

Venture capitalist and early PayPal executive David Sacks had a bundle of cash to deploy early in the 2022 midterm…

Boss of Goldman-backed digital bank Starling to step down next month

The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…