Technology

Huawei says applying 5G technology to business was more difficult than expected

SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than…

Nonprofit funded by GOP donor Thiel apparently donated to left-leaning group, records show

A nonprofit group funded by Republican megadonor Peter Thiel appears to have donated $3 million to a group that has…

Wise shares spike 16% as higher interest rates help fintech triple profits

Online money transfer firm Wise’s shares soared 16% Tuesday as the company reported a spike in profits thanks to rising…

Biden announces $42 billion high-speed internet initiative

WASHINGTON — President Joe Biden is kicking off a more than $42 billion plan to give every American household access…

Bitcoin is up 12% this month — even though barely anybody is trading it

Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has…

Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to…

U.S.-India relations enter a new chapter and could unlock even more tech and defense deals

U.S.-India relations entered a new chapter as Prime Minister Narendra Modi and President Joe Biden announced a slew of technology…

Check out this $110 million tech campus being built in Lithuania — the largest in Europe

Lithuania is building a huge tech campus — Europe’s largest — in the capital of Vilnius, as it looks to…

A.I. has a discrimination problem. In banking, the consequences can be severe

AMSTERDAM — Artificial intelligence has a racial bias problem. From biometric identification systems that disproportionately misidentify the faces of Black…