China has rolled out limited testing of a new digital currency designed by the central bank. The digital currency is being rolled out in four cities, and in some cases government employees will have part of their salary paid in the new money for use in certain designated transactions such as covering the cost of commuting. China’s digital currency resembles bitcoin, but without anonymity,...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
startups
Stripe in Talks to Raise Up to $3 Billion From Current Investors

Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
Latest Briefs
TikTok CEO To Testify Before Congress
SoftBank’s Ex-COO Claure to Join Shein as Head of Latin America
Biden Administration May Fully Cut Off Huawei From U.S. Suppliers
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
venture capital
Bolt CEO Cuts Staff a Third Time as Revenue Lags
The Briefing
markets
facebook
Trump’s Meta Return; Massage Therapists, Matthew McConaughey and Elon Musk