China has spent at least $230 billion to build its EV industry, new study finds
BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis…
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche…
Google’s Android apps are coming in 3D via Xreal as competition with Apple’s Vision Pro heats up
BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new…
New AI deepfake porn bill would require Big Tech to police and remove images
WASHINGTON — Lawmakers on Capitol Hill are scrambling to address the boom in deepfake artificial intelligence pornographic images, which have…
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Starboard Value, the activist fund run by Jeff Smith, has taken a sizable stake in graphics design firm Autodesk and has spoken with…
This fintech configures expense cards to block misuse — and investors just backed it with millions
A startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of…
Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say
AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the…
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said…
Billionaire Frank McCourt’s TikTok bid wins key backer as he looks past app’s prized algorithm
In the race to buy TikTok, billionaire Frank McCourt is pitching investors with a chance to create a new platform…
Trump in liberal San Francisco for high-dollar tech fundraiser
Republican presidential candidate Donald Trump will attend a fundraiser hosted by two tech venture capitalists in San Francisco on Thursday, a high-dollar…
