Technology

Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why

Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…

China VCs have a big problem — and it’s not just a drop in U.S. investor appetite

BEIJING — In the years since Alibaba’s U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars…

Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors

Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that…

A Yankees pitcher was carted off the field and appeared bloody after being hit with a ball during a Pirates game

CNN  —  New York Yankees relief pitcher Anthony Misiewicz was carted off the field after getting hit by a comebacker…

Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine

WASHINGTON — Three Democratic members of the Senate Committee on Armed Services have asked the Pentagon for information about SpaceX CEO…

Yum China says tech investments let it open more stores without needing more staff

BEIJING — Yum China is spending more on tech, an investment that’s allowed it to open more stores without having…

Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests

Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. FirstMark Capital’s Rick…

JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal

JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…

Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market

The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for…

Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan

European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French…