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Bessent meets China’s He Lifeng in Davos, praises trade progress on soybeans, rare earths

US Treasury Secretary Scott Bessent said he met with his Chinese counterpart, Vice-Premier He Lifeng, on Monday on the sidelines of the World Economic Forum in Davos. The two men have been the primary...

4dSouth China Morning PostPoliticsImpact

'Most challenging situation’ for transatlantic relations as Trump threatens EU with tariffs

EU member states on Monday are exploring countermeasures in response to US President Donald Trump's tariff threats over Greenland, which he has expressed interest in acquiring despite opposition from ...

5dFrance 24PoliticsImpact

Jeremy Grantham Says AI Is Indeed a Classic Market Bubble

For more than four decades, Jeremy Grantham has been one of the most contrarian voices in global investing. The co-founder of Boston-based asset manager GMO, he built his reputation warning about bubb...

5dBloombergeconomicsImpact

Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing

Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...

Jan 14South China Morning Posteconomics

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

Jan 14IGNTechnologyImpact

‘No reliable evidence’ Taipan bakery chain can settle debts: Hong Kong judge

A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent o...

3dSouth China Morning Posteconomics

A leading European AI startup says its edge over Silicon Valley isn't better tech — it's not being American

Mistral CEO Arthur Mensch says its edge over Silicon Valley isn't smarter models, but being a European alternative built for control, sovereignty, and trust. LUDOVIC MARIN/POOL/AFP via Getty Images Ar...

Jan 16Business InsiderTechnologyImpact

Bumble's chief product officer is out. Read CEO Whitney Wolfe Herd's memo about the 'need to sharpen our focus'

Bumble is restructuring to centralize its product, engineering, and design under one leader. As a result, chief product officer Michael Affronti has left the company after holding the role for a year....

3dBusiness InsiderTechnologyImpact

Pakistan taps Trump-linked crypto firm for stablecoin payments deal: Report

Pakistan has signed an agreement with SC Financial Technologies, a firm linked to Trump-backed World Liberty Financial, to explore using its USD1 stablecoin for payments....

Jan 14CoinTelegraphcryptocurrencyImpact

Here's where Costco gas savings can pay for your membership the fastest

Costco has been selling gas at bargain prices since 1995. Patrick T. Fallon/AFP via Getty Images Costco sells gas for around $0.20 per gallon, less than what typical fuel stations charge. In many case...

14hBusiness InsidereconomicsImpact

Microsoft is closing its employee library and cutting back on subscriptions

Microsoft’s headquarters in Redmond, Washington. | Image: Getty Images Microsoft's library of books is so heavy that it once caused a campus building to sink, according to an unproven legend among emp...

Jan 15The VergeTechnologyImpact

China’s big people shortage just got bigger, and the risks are growing too

Adek Berry/Getty Images China's population declined for the fourth year in a row, reaching 1.405 billion. Falling birth rates and an aging population threaten China's economy and the global economy. G...

5dBusiness Insiderworld_newsImpact

DoorDash salaries revealed: Here's how much the delivery giant pays data scientists, software engineers, and others

DoorDash's H1B visa data for 2025 spans roles from data science to managers overseeing new verticals for the delivery service. Chelsea Guglielmino/Getty Images DoorDash wants to expand its delivery bu...

4dBusiness Insidereconomics

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

Jan 13Business InsidereconomicsImpact

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

Jan 14Business InsidereconomicsImpact

Is this the end of Epic and Google’s feud?

Today, I am sitting in the courtroom that may decide the fate of Android. Epic CEO Tim Sweeney is here. Google Android boss Sameer Samat is here. Together, they'll try to convince Judge James Donato t...

2dThe VergeTechnologyImpact

Netflix earned $1.5 billion from ads in 2025

Netflix's advertising business more than doubled its advertising revenue to $1.5 billion from 2024 to 2025 - and it's on track to keep growing. "We expect that [advertising] business to roughly double...

4dThe VergeeconomicsImpact

OpenAI releases a cheaper ChatGPT subscription

OpenAI is expanding a low-cost subscription tier called ChatGPT Go to the US and the rest of the world. Go was released in India in August and later became available in another 170 countries prior to ...

Jan 16The VergeTechnologyImpact

Meta has discontinued its metaverse for work, too

Two months before it changed its name to "Meta," Facebook CEO Mark Zuckerberg personally introduced us to his metaverse for work : Horizon Workrooms, envisioned as a virtual space for workers to colla...

Jan 16The VergeTechnologyImpact

Asus says it’s dropping the RTX 5070 Ti as the memory shortage squeezes supply

On Thursday, Hardware Unboxed reported that Asus is winding down production of its RTX 5070 Ti, saying, Asus "explicitly told us this model is currently facing a supply shortage and, as such, they hav...

Jan 15The VergeTechnologyImpact
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