Technology

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company…

China’s first global gaming hit sells millions in a week. An early investor shares what’s next

BEIJING – China’s first attempt at a top-tier video game has smashed world records, bolstering the industry’s global ambitions just…

Musk ramps up attacks on Brazil’s top judge as X faces possible suspension, Starlink finances frozen

Tesla, SpaceX and X Corp. leader Elon Musk ramped up his online attacks on Brazilian Supreme Court justice Alexandre de…

JD Vance urges billionaire Peter Thiel to back Trump campaign: ‘Get off the sidelines’

Donald Trump’s presidential running mate JD Vance is urging Silicon Valley billionaire Peter Thiel to “get off the sidelines” and…

Trump punts on promise to deliver plan to make U.S. ‘crypto capital of the planet’

On Thursday morning, Republican presidential nominee Donald Trump told his 90 million followers on X that they would hear his plan to…

China’s electric car race is becoming more about chip prowess as companies focus on tech

BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat…

Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with…

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it posted a profit in the first half of the year, swinging into the black from a loss…

Xpeng releases mass-market EV with basic driver-assist for less than $20,000

BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models…

Volkswagen China is spending lots of time at Xpeng to make new EVs

BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work…