Lufax, a Chinese online financial services company backed by insurance giant Ping An Group, is seeking to raise as much as $2.4 billion in a New York share listing. The company joins a line of Chinese companies listing in the U.S. despite worsening ties between the two countries. Bloomberg reported that Chinese initial public offerings in the U.S. have raised the most money so far this year...
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Let The Mixed-Reality Headset Games Begin
You don’t need special glasses to see why Meta Platforms announced its latest mixed-reality headset, the Quest 3, on Thursday, just days before Apple is expected to unveil its own entry to the field. CEO Mark Zuckerberg has literally bet the company, and its name, on the metaverse, but the results so far have been disappointing. It’s been almost a decade since Meta, née Facebook, stepped...
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