Tag: business news

Chris Ratcliffe | Bloomberg | Getty ImagesShares of British bank Barclays sank in early Thursday trade, after the lender's forward ...

Apple will integrate Alibaba’s AI into iPhones in China, Chairman Joe Tsai says

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An Apple Store on Jan. 26, 2025, in Chongqing, China. Cheng Xin | Getty Images News | Getty ImagesAlibaba Group Chairman ...

Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale

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BEIJING — Chinese businesses are tapping DeepSeek's newest artificial intelligence model to see how it can improve productivity.The Chinese AI ...

Reddit shares plunge after Google algorithm change contributes to miss in user numbers

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Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal ...

CFPB’s new leadership begins staff purge with dozens of employees terminated

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Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the ...

Neuralink competitor Paradromics secures investment from Saudi Arabia’s Neom

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Paradromics' Connexus Direct Data Interface.Courtesy: ParadromicsTexas-based neurotech startup Paradromics on Wednesday announced a strategic partnership with Saudi Arabia's Neom and ...

Zelle payments top trillion in 2024 as network’s growth outpaces rivals including PayPal

Zelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including PayPal

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The Zelle icon is displayed on a phone screen.Jakub Porzycki | Nurphoto | Getty ImagesZelle, the payments network run by ...

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

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Mark Lenhard, CEO of U.K.-based remittances platform Zepz.Lukas Schulze | Sportsfile for Web Summit via Getty ImagesLONDON — British digital ...

Powell squashes the possibility that the Fed will develop its own digital currency

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U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on "The Semiannual ...

Tequila, mezcal are the only spirits growing in sales, but tariffs would be ‘catastrophic,’ industry group says

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