David Solomon, chief executive officer of Goldman Sachs Group Inc., during an event on the sidelines on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images When David Solomon was chosen to succeed Lloyd Blankfein as Goldman Sachs CEO in early...
Xiaomi is trying to push into the high end of the smartphone market with the Xiaomi 13 Pro. It will pit the Chinese giant against rivals Apple and Samsung. CFOTO | Future Publishing | Getty Images Xiaomi launched its flagship smartphone globally on Sunday as the Chinese electronics giant attempts to take a slice of...
People help to clean up debris at a bus station damaged after a shelling, amid Russia’s attack on Ukraine, in Kherson, Ukraine February 21, 2023. Lisi Niesner | Reuters One year since the start of Russia’s full-scale invasion, Ukraine’s economy and infrastructure are in tatters, with the government and its allies planning the largest rebuilding...
People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxury electric vehicle maker Lucid appears to have a demand problem. The company said during its fourth-quarter earnings report Wednesday that it had ”over 28,000” reservations for...
FTX co-founder Sam Bankman-Fried was hit Thursday with four new criminal charges, including ones related to commodities fraud and making unlawful political contributions, in a superseding indictment filed in New York federal court. A source familiar with the new counts said that SBF, as he is popularly known, could face an additional 40 years in...
Austin Russell, Luminar founder and CEO, with Markus Schäfer, Mercedes-Benz AG chief technology officer at Mercedes-Benz’ Sindelfingen, Germany plant. Mercedes-Benz Lidar maker Luminar said Wednesday that Mercedes-Benz will incorporate its sensors and software in a ”broad range” of vehicles starting mid-decade, in a significant expansion of an ongoing partnership between the two companies. Under the...
U.S. President Joe Biden stands onstage with children waving flags after he delivered remarks ahead of the one year anniversary of Russia’s invasion of Ukraine, outside the Royal Castle, in Warsaw, Poland, February 21, 2023. Evelyn Hockstein | Reuters WASHINGTON – President Joe Biden spoke to a crowd of thousands in Warsaw, Poland, on Tuesday...
Darktrace, one of the U.K.’s largest cybersecurity companies, was founded in 2013 by a group of former intelligence experts and mathematicians. Omar Marques | SOPA Images | LightRocket via Getty Images LONDON — Cybersecurity firm Darktrace on Monday said it has appointed auditing firm EY to review its ”key financial processes and controls,” in a...
Visitors take photos in front of the Meta (Facebook) sign at its headquarters in Menlo Park, California, on December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Meta is rolling out a new paid verification subscription service called Meta Verified, CEO Mark Zuckerberg announced in an Instagram update Sunday. For $11.99 a month...
NATO’s Secretary-General Jens Stoltenberg has said Saturday China is ”watching closely” whether or not Russia succeeds in Ukraine. Johannes Simon | Stringer | Getty Images News NATO Secretary-General Jens Stoltenberg said Saturday that China is closely watching Russia’s success in Ukraine, with the outcome of Europe’s war likely to have wide-reaching implications for Beijing’s behavior in...