Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and JD.com when it comes to international expansion. Now Pinduoduo has launched a U.S. e-commerce site called Temu. Rafael Henrique | Sopa Images | Lightrocket | Getty Images PDD’s value-for-money positioning and growth of its Temu marketplace has helped the tech giant lead China’s e-commerce
Technology
In this article USM TMUS Follow your favorite stocksCREATE FREE ACCOUNT The T-Mobile logo is displayed on a laptop screen and a smartphone, seen in this illustration photo taken in Krakow, Poland, Feb. 22, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it
In this article XPEV NIO ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images PARIS — Chinese electric carmakers are pushing ahead with expansion into Europe, even as
In February 2020, as Disney’s head of streaming, Kevin Mayer, was in the line of succession for CEO. But Mayer, seen here on Sept. 29, 2022, and colleagues were stunned when Iger announced Bob Chapek would replace Iger immediately. Bryan van der Beek | Bloomberg | Getty Images Former TikTok CEO and Candle Media co-CEO
Linda Yaccarino, CEO of X, speaking at the VivaTech conference in Paris, France. Benjamin Girette | Bloomberg | Getty Images PARIS, France — X CEO Linda Yaccarino on Friday hit out at Australia after a face off with online safety regulators. It comes after the Elon Musk-owned social media platform X last week won a
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. David Paul Morris | Bloomberg | Getty Images Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3
In this article LLY NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Patent protection for Wegovy — Novo Nordisk’s blockbuster weight loss drug, which contains the second generation GLP-1 active ingredient and is at least twice as effective — is expected to expire by the decade’s end. Michael Siluk | UCG | Getty Images For Gray
Dr. Joshua Bederson places Precision Neuroscience’s electrodes onto a brain. Ashley Capoot As the lights dimmed in an operating room at The Mount Sinai Hospital in New York City, Dr. Joshua Bederson prepared to make history. Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, is no stranger to long hours
In this article GOOG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai speaks at the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023. David Paul Morris | Bloomberg | Getty Images It’s been less than two weeks since Google debuted “AI Overviews” in Google Search, and public criticism
Nikos Pekiaridis | Nurphoto | Getty Images Ether slipped on Friday even after the Securities and Exchange Commission approved a rule change that will pave the way for exchange traded funds that buy and hold the cryptocurrency. The price of ether fell 2% to around $3,700.00, according to Coin Metrics. It’s holding on to its
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images PARIS, France — Tesla CEO Elon Musk said on Thursday that he doesn’t support President Biden’s recent announcement
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Tesla could use more of high-profile CEO Elon Musk’s divided focus at a critical juncture for the electric
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. David Paul Morris | Bloomberg | Getty Images Nvidia reports fiscal first-quarter earnings on Wednesday after the bell.
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans. The Seattle-based tech and retail giant will launch a more
For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing on Tuesday, Uniswap Labs
Mr.cole_photographer | Moment | Getty Images European Union member states on Tuesday agreed the world’s first major law for regulating artificial intelligence, as institutions around the world race to introduce curbs for the technology. The EU Council said that it reached final approval for the AI Act — a ground-breaking piece of regulation that aims
ROME, ITALY – NOVEMBER 10: Actress Scarlett Johansson attends ‘Her’ Premiere during The 8th Rome Film Festival at Auditorium Parco Della Musica on November 10, 2013 in Rome, Italy. (Photo by Vittorio Zunino Celotto/Getty Images) Vittorio Zunino Celotto | Getty Images Entertainment | Getty Images Actress Scarlett Johansson says OpenAI CEO Sam Altman used a
In this article HIMS NVO Follow your favorite stocksCREATE FREE ACCOUNT Products of Hims & Hers displayed. Hims & Hers Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and
The Microsoft logo is displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images The U.K.’s Competition and Markets Authority cleared Microsoft’s AI partnership with Mistral of regulatory concerns after previously inviting views on whether the arrangement qualified as a merger. The CMA said in a brief statement Friday that the
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Lucas Jackson | Reuters Microsoft‘s Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its
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