Huawei is building a production line for advanced chips as part of a network of semiconductor facilities in Shenzhen that seeks to break China’s dependence on foreign technologies. The tech giant is the key player behind three manufacturing sites in Guanlan, a district of the southern city where Huawei is based, according to multiple people … Read more
Uber Technologies Inc. is spending six figures on advertisements in New York in its latest appeal to lawmakers to address issues stemming from the insolvency of the city’s largest taxi insurer. The rideshare giant launched the campaign on Tuesday as state lawmakers reconvened in Albany to discuss the budget, according to a statement from the … Read more
Welcome to the March 2025 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition kicks off with the news that Morningstar Office will be shutting down in … Read more
Chinese billionaire Li Shufu is expanding carmaker Geely into Latin America through a partnership with Renault, underpinning the nation’s drive to build sales in friendly global markets as tariffs block growth in the US and Europe. Li, through his private investment holding firm Zhejiang Geely Holdings Group, signed a framework agreement with the French carmaker … Read more
Meta is looking to be the go-to marketplace for robo-tech, with the company planning to develop its own humanoid robot hardware and later become a lead developer of the robots’ AI-based backbone. The effort will be spearheaded by a new hardware division in Meta’s Reality Labs (Quest VR and Ray-Ban smart glasses), reported Bloomberg, and … Read more