Bloomberg Tech

Automakers had their worst year of UK sales in three decades, with only electric vehicles providing a bright spot.

(Bloomberg) — JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank account.

(Bloomberg) — Samsung Electronics Co. announced a smart-home control device that doubles as a wireless charger at the CES conference in Las Vegas, pushing deeper into a market led by Amazon.com Inc.

The dysfunction playing out on the floor of the US House has quickly spilled outside the chamber as one-half of Capitol Hill has suddenly become a free-for-all.

Alibaba Group Holding Ltd. led an advance in US-listed Chinese stocks on Wednesday, with Ant Group Co.’s approved fundraising plan boosting optimism that China’s regulatory clampdown on its internet sector is easing.

Payments-software provider ACI Worldwide Inc. is in talks with private equity firms about a potential sale, according to people familiar with the matter.

Microsoft Corp. shares closed at their lowest level since November after UBS Group AG downgraded the stock, amplifying concern about the company’s cloud-computing business, for years a key driver of revenue.

(Bloomberg) — General Electric Co.’s former medical-equipment business surged in its trading debut as investors got their first chance to bet on the now-independent company.

Gemini Trust Co. Chief Operating Officer Noah Perlman has left the cryptocurrency firm founded by Tyler and Cameron Winklevoss as it seeks to navigate the recent turmoil in digital-asset markets, according to a person familiar with the matter.