Before Apple’s Vision Pro hits the shelves, lower-priced rival Xreal claims it’s near 200k shipments
BEIJING — Less than a year since augmented reality glasses startup Xreal started sales, the Alibaba-backed company is claiming shipments…
Goldman in talks to offload Apple credit card, savings products to American Express, source says
Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a…
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…
