VW’s crisis may force the EU to dilute its plan to impose an electric-vehicle monopoly on the new car market by 2035 or extend EV tariffs on China.
Amid allegations of sharing customer data with China, Australian payments startup Airwallex, now valued at $11 billion, is gunning for Stripe and Ramp.
The price of tin is being driven up by strong demand for the old metal in modern electronics, including data centers being developed for artificial intelligence (AI)
BMW shares steadied but a leading ratings agency slashed its outlook to negative from stable, as analysts wondered if the German manufacturing base might be under threat.
BMW’s share price is still sliding after shareholders were shocked by news it warned, again, about a big threat to profits because of twin blows from China.
Corporate leaders who assume unconditional support from investors for aggressive AI deployment may want to think again.
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Former investment banker Anthony Noto built SoFi into a lending juggernaut, helping to push its valuation to nearly $40 billion. Now Wall Street is doubting its impressive results and its business model.
BYD has been headlining in Europe with its flash-charging system and progress towards production in Hungary. It will soon overtake MG as the leading Chinese seller.
Enterprises slash token spending as OpenAI and Anthropic face margin pressure, falling token prices and rising risks across the AI supply chain.