Tech
Robinhood attracts wealthier clients from larger brokerage firms
Robinhood Markets is attracting customers from other brokerages and is looking to reach beyond its base of young, novice investors, the Wall Street Journal reported
South Korea’s LG Chem will invest $820m to build a cathode battery plant in the US
South Korea’s LG Chem Ltd said it will invest $820 million to build a battery cathode materials plant in the U.S. state of Tennessee. Last
Chinese artificial intelligence startup 01.AI hopes to raise $200m
Beijing-based artificial intelligence startup 01.AI is raising $200 million in new capital, two sources familiar with the situation said, based on a $1 billion valuation
Tesla recalls almost all cars on US roads due to lack of autopilot protection
Tesla is recalling more than 2 million vehicles in the US to install new safety measures in its advanced Autopilot driver assistance system after a
Disney and Comcast increased ad spend on Instagram after Musk’s X rejection
Major U.S. companies including Walt Disney and Comcast have increased ad spending on Instagram after suspending ads on X last month, according to Sensor Tower,
Google, Meta and Qualcomm team up to promote open digital ecosystems
Google, owned by Alphabet, Meta Platforms, Qualcomm and seven other tech companies have teamed up to promote open digital ecosystems in response to new EU
X ad sales to fall to $2.5bn in 2023
Ad sales for Elon Musk’s social media platform X are projected to fall to about $2.5 billion in 2023, Bloomberg News reported Tuesday. Several companies,
Musk’s SpaceX cost jumped closer to $180bn in tender offer
Elon Musk’s SpaceX will sell insider shares for $97 apiece as part of a tender offer. Such a price hike would increase the value of
Epic Games wins antitrust case against Google over Play app shop
Epic Games, the creator of Fortnite, has won a high-profile antitrust trial against Alphabet’s Google, which claimed the Play app shop was acting as an
Nokia has lowered its 2026 profitability target
Finnish telecoms equipment maker Nokia said it had revised its comparable operating margin target to at least 13% in 2026 from at least 14% previously.