Tag Archives: Technology

New data from consumer credit reporting agency TransUnion shows that credit originations continue to rebound amid a tough economic climate in South Africa. New credit activity grew, despite overall consumer sentiment indicating a cutback on spend. Credit card origination volumes—the measure for new accounts opened—increased by 37.9% YoY in Q1, …

Text size The Bitcoin 2022 Conference in Miami. Marco Bello/Getty Images If “Waiting for Godot” were set in the crypto-verse, its titular character would be an institutional investor. Crypto enthusiasts expect banks, pension funds, and other money managers to put massive amounts of money into crypto tokens and industries, but …

Xpeng has announced its most expensive car to date. Pictured here at a store in Shanghai, China, on July 2021 are two of Xpeng’s previously released models, a P7 Wing Limited Edition in green and a G3 SUV in blue. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese …

Photo: HammerheadFistpunch Like…normal person stuff or the stuff I keep in my car? My car is basically an extension of my house. I usually keep the fridge in there which is mostly full of soda but sometimes food. If the fridge is in there my solar “generator” is in there …

Larry Page Justin Sullivan | Getty Images Google co-founder Larry Page’s flying car startup Kittyhawk is winding down, the company announced Wednesday. “We’re still working on the details of what’s next,” the company wrote in a LinkedIn post. related investing news JPMorgan says this company could become a leader in …

Xpeng showed off its forthcoming G9 SUV at the Chengdu auto show in August 2022. China News Service | China News Service | Getty Images BEIJING — Chinese electric car start-up Xpeng‘s newest model will likely sell better than its most popular car to date, according to Brian Gu, the …

Facing high interest rates on your credit card? Here’s what to do about it. Getty Images The average interest rate on credit cards just broke a decades old record this month as it hit 17.96% — the highest it’s been since 1996, according to data from Bankrate. What’s more, Federal …

At a gathering of current and former U.S. officials and private-sector executives Friday in Washington, concern was rampant that the United States has fallen behind China in the development of several key technologies, and that it faces an uncertain future in which other countries could challenge its historic dominance in …

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has …

Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. In a year that’s featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s $20 billion acquisition of Figma on Thursday is what some might call a …