News

Higher taxes will make it harder for Britain to build 'the next Nvidia,' tech execs say

Startup founders and investors slammed capital gains tax hikes in the U.K., saying it would make it harder for the country to succeed as a global tech hub.

BlackRock launches ETF that expands beyond the 'Magnificent Seven'

BlackRock's iShares is targeting investors who want to diversify beyond from the "Magnificent Seven" megacap stocks.

Jack Dorsey's payments company Block expands corporate card service to the UK

Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared

Britain's Labour government on Wednesday announced plans to raise the rate of capital gains tax on sales of shares — the move was less severe than feared.

China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car

The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.

Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.

JPMorgan begins suing customers who allegedly stole thousands of dollars in 'infinite money glitch'

JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities found at a bank.

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion. 

Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue

Kristo Käärmann, CEO and co-founder of Wise, was ordered by regulators to pay a £350,000 fine due to a breach of senior manager conduct rules.

Chart analyst Carter Worth breaks down his most important technical indicator

There are many technical indicators for traders to choose from. For Carter Worth, there's one that stands out above all others.

Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft

As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.
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