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U.K. tech overtakes China, cementing its position as the world’s second-largest ecosystem by funding

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China may be the world’s second-largest economy, but when it comes to startup funding, the U.K. is punching above its weight. Startups in the...
Business

Peter Thiel’s doping-friendly Olympics alternative—the Enhanced Games—is in talks to raise $300 million

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The Enhanced Games, a planned Olympics-style event that welcomes doping and is backed by billionaire Peter Thiel, is in talks to raise around...
Tech

Meta’s Threads is thriving one year in, but X is still in the fight

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Threads, Meta’s X competitor, is officially one year old. While the site was rushed into existence with a bare-bones set of features, Meta...
Business

Apple’s top iPhone maker’s new AI server business is sending revenues on a tear

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Hon Hai Precision Industry Co.’s June-quarter sales outperformed analysts’ rising expectations on the strength of the company’s growing AI server business. The iPhone assembler,...
Business

Wall Street’s biggest bear is out of a job after predicting a U.S. recession that never happened

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JPMorgan’s chief market strategist is boxing up his belongings on Wednesday after more than two years in which his consistently wrongfooted calls cost...

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