Breaking News: Technology

China spent $230 billion to build its electric car industry, CSIS says
Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker ...

Kinetic rolls out robots to fix electric cars, and someday robotaxis
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still ...

Elon Musk softens ‘go f— yourself’ comment to woo advertisers
Musk is attending Cannes Lions this week with an aim to reassure ad groups and global brands over the future ...

UK BNPL fintech Zilch raises $125 million, sees IPO within 2 years
Zilch CEO Phil Belamant. Zilch LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing ...

The 4 things we’re most focused on in the stock market this week
The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed ...

Inside latest crypto firm paying billions to end legal troubles
South Korean authorities are seeking the arrest of Do Kwon, co-founder and chief executive officer of Terraform Labs. His company ...

Starboard has Autodesk stake, weighs suit over probe disclosure
Jeffrey Smith, CEO and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images Starboard ...

Jared Kushner investments included bet on Amazon aggregator Unybrands
White House senior advisor Jared Kushner (C) sits alongside U.S. President Donald Trump (L) and Commerce Secretary Wilbur Ross (2nd ...

Adobe shares surge and head for sharpest rally since 2020
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on ...