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Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators’ concerns. Since the abrupt suspension of its massive IPO in late 2020, Ant has been working with Chinese regulators to restructure its business. Alibaba...
After about a decade of significant outperformance culminating in a Covid boom, technology investors faced a sharp reversal this year. By the end of June, Nasdaq was down 29.5 per cent and the Goldman Sachs Unprofitable Tech index was down 52 per cent. Yet one corner of the tech market was strangely...
Tesla said Monday that deliveries in the last three months of the year rose 18 percent from the previous quarter, disappointing Wall Street analysts and adding to pressure on Elon Musk, the company’s chief executive, to focus on making cars rather than overhauling Twitter. Tesla said it delive...
Facebook parent company Meta has acquired Luxexcel, a Dutch startup specializing in smart eyewear. News of the purchase was first reported by De Tijd and later confirmed by TechCrunch. “We’re excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two compa...
Facebook parent company Meta has acquired Luxexcel, a Dutch startup specializing in smart eyewear. News of the purchase was first reported by De Tijd and later confirmed by TechCrunch. “We’re excited that the Luxexcel team has joined Meta, deepening the existing partnership between the two compa...
Princess Anne was among many royals who sent out heartfelt Christmas cards this year, but her choice of photo may surprise fans. Unlike Prince William and Princess Kate’s family photo with their three children, or King Charles and Queen Consort Camilla’s loved-up picture, Anne and her hu...
Our tech columnists look ahead to an Apple headset, Netflix password crackdowns, the next DALL-E and more. Big layoffs at Meta, Amazon, Snap and others? A global crypto fraud set in the Bahamas? Elon Musk buying and running Twitter? Look, not even Nostradamus could have seen all that coming. Of cour...
Diving into the world of credit card rewards for the first time can be intimidating, but the right app can make the entire process much more manageable. Credit cards can help you earn thousands of dollars in cash back and rewards points. But getting there can be a tricky process. Thankfully, it̵...
But while it’s no longer hard to find a Citibank credit card that offers bonus miles or in-flight savings, those that come with airport lounge access or Admiral’s Club membership are still incredibly rare. Currently, only one U.S.-based Citibank card includes access to airport lounges in the...
Living costs have been soaring since mid-2021. And while there are different factors that can explain that, one obvious one is that Americans received an influx of stimulus aid at a time when supply chains were having issues. That created a disconnect between supply and demand. And any time you have...
