News - Page 14

TLDR: – Average short interest across S&P 500 information technology stocks was 1.35% in mid-January. – Apple is the least shorted stock in the S&P 500 information technology sector. The information technology

TLDR: Volvo will stop funding Polestar, its electric vehicle (EV) startup, following the brand’s failure to meet delivery targets and a decline in its stock value. The move could potentially allow parent

TLDR: Four Chinese nationals have been charged by the US Justice Department with helping Iran obtain US technology for military use. The individuals are alleged to have used front companies in China

The Pentagon’s Under Secretary of Defense for Research and Engineering, Heidi Shyu, has announced plans for increased collaboration with Australia on technology experiments. The US will work with Australia this year on

A new report shows that AI-related companies have lost $190 billion in market capitalization following disappointing quarterly results from tech giants Microsoft, Alphabet, and Advanced Micro Devices. The selloff reflects investors’ high

TLDR: M&G has appointed Emmanuel Deblanc as the chief investment officer for its £74bn private markets business. Deblanc joins the firm from Allianz Global Investors where he led and developed its private

London-based fintech Kriya has secured a £50m ($65m) debt facility from Viola Credit, an Israeli fintech and alternative credit asset manager, allowing the company to power over £1bn of B2B payments over

TLDR: A recent report from Colombia Risk Analysis highlights the risks associated with Chinese technology companies operating in Colombia. The report emphasizes how China’s security law requires companies to cooperate and share

Algolia has been named a BigCommerce Preferred Technology Partner, allowing BigCommerce customers to easily leverage Algolia’s API-first digital commerce search capabilities. FKA Brands, a company that includes HoMedics, House of Marley, and

Generative AI companies must acknowledge the value journalism brings by recognizing its greater trustworthiness and quality as a data source compared to their own models, according to Danielle Coffey, CEO and president