In this article BABA GUANGZHOU, China — Ant Group will share credit data from its consumer lending business with China’s central bank as part of an overhaul of the fintech giant. Huabei is a consumer loan product under Ant Group. Data from that lending product will be fed into the financial credit information database held
Technology
Microsoft is announcing a new Surface Laptop Studio, along with the Surface Pro 8, Surface Go 3, a Surface Pro X with wi-fi and the second-generation Surface Duo smartphone. Microsoft Microsoft announced five new Surface products on Wednesday, including a laptop, three tablets and a new folding phone. Microsoft doesn’t make a lot of money
Toast point of sale system Toast Restaurant-technology vendor Toast priced its IPO on Tuesday at $40 a share, according to a person familiar with the matter who asked not to be named because the announcement isn’t yet public. The offering was above the expected range and values the company at about $20 billion. Toast had
A person in a mask walks by the New York Google offices after they announced they will postpone their reopening in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Google plans to buy a New York City
Jeff Bezos pops champagne after emerging from the New Shepard capsule after his spaceflight on July 20, 2021. Blue Origin All things must die, according to the poet Alfred Lord Tennyson, but that could be about to change. A growing number of tech billionaires have decided they want to use their enormous wealth to try
In this article AAPL Apple iOS 15 Apple Apple released iOS 15, its big annual iPhone software update, on Monday. This year’s version has some big changes, including the ability of FaceTime to make calls to Windows and Android users, artificial intelligence that can better identify animals, plants and other items in photos, and a
Investors are betting on Indian start-ups and taking more risks, thanks in part to improvement in India’s infrastructure, according to a venture capitalist. Dealmaking in South Asia’s largest economy rose in the first seven months of 2021 as many foreign investors with deep pockets flushed Indian start-ups with fresh funds. “There is a lot of
The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Search for “toothpaste” on Amazon, and the top of the web page will show you a mix of popular brands like Colgate, Crest and Sensodyne. Try a separate search for “deodorant” and you’ll first see products from
In this article TSLA Electric vehicle maker Tesla is poised to expand its controversial FSD Beta program with a long-awaited download button that would allow customers to get new, unfinished versions of the company’s driver assistance software to test on public roads even though that software hasn’t been debugged yet. Tesla CEO Elon Musk, who
In this article T VZ TMUS Rafael Abdrakhmanov | iStock | Getty Images From fake social security calls to scammers impersonating Apple or Amazon, anyone with a cellphone or landline is no stranger to robocalls. For decades, robocall scammers have graced phones and voicemails across the nation. Between June 2020 and 2021 these scams affected
In this article FB A Senate panel plans to bring tech executives back to Capitol Hill following a revealing report from The Wall Street Journal about the impact of Facebook’s Instagram platform on teens’ mental health. Sen. Marsha Blackburn, R-Tenn., ranking member of the Senate Commerce subcommittee on consumer protection, announced the hearing in an
In this article TSLA Tesla CEO Elon Musk lauded Chinese automakers Friday, calling them the “most competitive in the world,” during a pre-recorded question-and-answer stream at the World New Energy Vehicle Congress, which is hosted in China’s Hainan province. Musk was highly complementary of the nation that’s imperative to his electric vehicle company, and the
Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images At Apple’s annual launch event this week, it revealed new iPhones, iPads and Apple Watches, all of which were refinements of previous models. What Apple didn’t release, however, was a
In this article AAPL iPhone 13 Source: Apple Inc. More Chinese consumers are rushing to order Apple‘s latest iPhone now than last year, according to a South China Morning Post report published Thursday. More than 2 million pre-orders have been placed for the iPhone 13 through Apple’s official store on Chinese online retailer JD.com, the
In this article GOOGL Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google Cloud
In this article AAPL Apple CEO Tim Cook Source: Apple Inc. It may have a new number in the name, but Apple’s new iPhone 13 looks more like one of the company’s “S” models than anything else. Apple has released iPhone models on a tick-tock cycle for most of the product’s existence. The “tick” years
Brad Smith, President, Microsoft, on SaaS Monster stage during the opening day of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Microsoft said Tuesday its board approved the appointment of its president, Brad Smith, to the position of vice chair. The move comes months after Satya
In this article TSLA The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters As part of its investigation into Tesla Autopilot safety issues, the National Highway Traffic Safety Administration on Monday requested data from 12 other big automakers about their
Michael Nagle | Bloomberg | Getty Images Intuit will buy email marketing company Mailchimp for $12 billion in cash and stock, the companies announced Monday. Intuit, which is known for financial service offerings like TurboTax and Credit Karma, said it will use the acquisition to accelerate growth among small business clients. It marks the company’s
In this article AAPL Tim Cook Source: Apple Apple is holding its annual iPhone event on Tuesday, the company’s seventh virtual launch in a row due to the ongoing pandemic. The company is expected to introduce new iPhones and updates to its AirPods and Apple Watch, according to analysts. Apple’s hype-filled fall launches are a
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