Technology
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Finance
Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared
On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves’ tax…
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Finance
China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car
Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan would begin preorders for…
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Finance
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in…
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Finance
Wise’s billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images LONDON — Kristo Käärmann, the billionaire…
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Finance
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division,…
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Finance
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on…
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Finance
Watch CFPB Director Rohit Chopra speak at DC Fintech Week
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a…
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Finance
Crypto firm Circle expects the UK to introduce stablecoin laws in ‘months, not years’
Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth…
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Finance
SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP’s financial…
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Finance
More startups are being spun out of Klarna than any other European fintech unicorn
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K.…
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