Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech
ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief…
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions…
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion)…
Biden signs Israel, Ukraine, TikTok bill into law
President Joe Biden on Wednesday signed into law measures to provide aid to Israel, Ukraine and Taiwan, as well as…
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House…
Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
Klarna on Wednesday announced a global partnership with Uber to power payments for the ride-hailing giant’s Uber and Uber Eats…
U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
U.S. prosecutors are seeking an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance on charges of…
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…
