Bloomberg Tech

Raimondo Asks Europe to Partner Against China on Chips

Commerce Secretary Gina Raimondo called on European governments to work with the US to fight climate change and counter Chinese clout, the latest sign that Washington hopes allies follow its lead in passing a landmark climate bill.

Why Crypto Is Watching Ethereum’s ‘Shanghai’ Upgrade

The Ethereum network is set to undergo a technical revamp on April 12 that will allow users to withdraw tens of billions of dollars of its native token, Ether. Known as the “Shanghai” upgrade, it’s a necessary step after the world’s most commercially important crypto platform shifted to a less power-hungry process for ordering transactions. Investors burned by recent turmoil in crypto markets will be wondering if, presented with their first opportunity to withdraw their tokens, some Ether holder