Technology

JD Vance urges billionaire Peter Thiel to back Trump campaign: ‘Get off the sidelines’

Donald Trump’s presidential running mate JD Vance is urging Silicon Valley billionaire Peter Thiel to “get off the sidelines” and…

Trump punts on promise to deliver plan to make U.S. ‘crypto capital of the planet’

On Thursday morning, Republican presidential nominee Donald Trump told his 90 million followers on X that they would hear his plan to…

China’s electric car race is becoming more about chip prowess as companies focus on tech

BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat…

Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with…

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it posted a profit in the first half of the year, swinging into the black from a loss…

Xpeng releases mass-market EV with basic driver-assist for less than $20,000

BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models…

Volkswagen China is spending lots of time at Xpeng to make new EVs

BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work…

Canada to slap 100% import tariffs on Chinese electric vehicles over ‘unfair’ competition

Canada said on Monday it would impose 100% import tariffs on China-made electric vehicles, following in the footsteps of the…

Trump says Musk wouldn’t have time to be in his White House cabinet, but could ‘consult’

Former President Donald Trump said that Tesla and SpaceX CEO Elon Musk likely couldn’t serve in his hypothetical White House…

Crypto industry accounts for almost half of corporate donations in 2024 election, report says

As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the…