China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
BEIJING — Chinese smartphone company Xiaomi‘s new electric vehicle is selling better than expected, putting it closer to break-even despite…
ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban
TikTok and its China-based parent company ByteDance combined to spend over $7 million so far this year to try and…
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the…
Philippines orders removal of Binance from Google and Apple app stores
The Philippines’ Securities and Exchange Commission has ordered Google and Apple to remove cryptocurrency exchange Binance from their app stores.…
Oracle met with Senate aides about TikTok data storage after House ban passed
Oracle’s top lobbyist in Washington met privately with Senate aides about the company’s data housing agreement with TikTok this spring,…
If you’re investing in the AI theme for the long haul, here’s how to pick the winners
Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors…
TikTok doubles ad buy to fight potential U.S. ban as Congress moves to fast-track legislation
TikTok more than doubled its ad spend to over $4.5 million in a campaign to combat a potential U.S. ban…
Why semiconductors could be the most efficient artificial intelligence play
Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck’s CEO. “Semiconductors…
U.S. tech CEOs give India PM Modi boost ahead of election
The ironclad relationship that India Prime Minister Narendra Modi has developed with CEOs of the largest U.S. tech companies is…
Global police agencies take down massive scam website that defrauded thousands of victims
A huge fraud website used by thousands of criminals to trick people into handing over personal information such as email…
