Technology

European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot

Venture capital investment into Europe’s tech industry plunged by half in 2023 as investors continued to reel from the effects…

Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks

Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy,…

Coinbase CEO says crypto industry can turn the page after historic Binance settlement

The crypto industry can finally close the chapter on a litany of scandals and problems after Binance was hit with…

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to…

Changpeng Zhao speaks out after pleading guilty to criminal charges, names Richard Teng as new Binance CEO

After pleading guilty to federal criminal charges and stepping down from his post as Binance CEO, Changpeng Zhao on Tuesday…

Elon Musk’s X is ‘profiting off violent content’ by Hamas, House Democrats allege

More than two dozen House Democrats on Tuesday accused Elon Musk’s X of “profiting off violent content by a terrorist…

Chinese tech giant Baidu’s shares rise 2% after revenue beat

BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the…

Plaid taps Adyen executive to lead its European operations

U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company…

White House slams Musk ‘antisemitic rhetoric,’ says ‘foolish’ to drop SpaceX contracts

The White House is not moving away from Elon Musk’s SpaceX or Starlink technology despite condemning Musk for pushing antisemitic…

Mastercard doubles down on effort to detect and tackle crypto fraud with AI tie-up

Mastercard is doubling down on its efforts to detect and prevent fraud that’s routed through cryptocurrency exchanges. The company told…