Technology

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination

The U.K. may be a great place to build a tech company — but when it comes to taking the…

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…

Virgin Islands issued subpoena to Google co-founder Larry Page in lawsuit against JPMorgan Chase over Jeffrey Epstein

The government of the U.S. Virgin Islands has tried without success so far to serve a subpoena on Google co-founder…

White House announces $140 million A.I. hub investment ahead of meeting with Google, OpenAI

The White House announced it would invest $140 million to create seven artificial intelligence research hubs and released new guidance…

The trans soccer team that’s making history

CNN  —  Arthur Webber made history this year. On the rainy evening of March 31, 2023, he captained what he…

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…

Facebook was the main donor to a group that fought antitrust reforms in 2020 and 2021

An advocacy group backed by Facebook received a $34 million donation from an anonymous donor as it waged a battle…

Fintech giants Klarna and Block slam ‘outdated’ UK buy now, pay later regulation proposals

The U.K.’s plan to regulate the buy now, pay later industry is “outdated” and will lead to worse consumer outcomes,…

Peter Thiel, Republican megadonor, won’t fund candidates in 2024, sources say

Tech billionaire and Republican megadonor Peter Thiel, an early backer of former President Donald Trump who later broke with him,…