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…
China’s new EV subsidies might not be enough to bolster slowing growth
BEIJING — Subsidies for electric cars aren’t enough to boost growth in China’s slowing economy. One of the few detailed…
Crypto firm Ripple gets in-principle payments license in Singapore
Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good…
Bitcoin rallies to touch highest level since April as traders get bullish on ETF news
Bitcoin hit its highest level since April on Wednesday, as traders got excited about the prospects of a spot bitcoin…
