Technology

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…

Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds…

Affirm buy now, pay later loans will be embedded into Apple Pay later this year

Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the…

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are…

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…

Salesforce to open new AI center in London as part of $4 billion UK investment

LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…