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Technology
Fintech Firm, Wise Fined $360,000 By Abu Dhabi Regulator.
The regulator of Abu Dhabi's free zone financial centre said it had fined the local subsidiary of fintech firm!-->…
Nikola To Raise Up To $400 Mln In Stock Sale.
Nikola Corp (NKLA. O) said it may sell shares to raise up to $400 million, as the electric truck maker looks to!-->…
Elon Musk: Aims To Have Self-Driving Teslas Ready By Year-End In The U.S.
Tesla (TSLA.O) founder Elon Musk said he aimed to get self-driving Teslas ready by year-end; and hopes they could!-->…
Ford Cuts 3,000 Jobs As It Pivots To EVs, Software.
Ford Motor Co(F. N) said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and!-->…
Honda Considering Decoupling Supply Chain From China -Sankei.
Honda Motor Co Ltd (7267. T) is considering building a separate supply chain that would reduce its dependence on!-->…
Apple Expands Self-Repair Support To MacBooks.
Apple Inc (AAPL. O) said it would offer customers tools and know-how to repair and service their MacBook!-->…
Valereum To End Bitcoin Mining To Focus On Gibraltar Exchange.
Blockchain company Valereum (6TJ.SG) said it was selling its bitcoin mining assets to Vinanz Ltd; for a!-->…
Vietnam Orders Tech Firms To Store User Data Onshore.
Vietnam's government has ordered technology firms to store their users' data locally; and set up local offices,!-->…
Russian Mobile Operator MTS Reports 36% Drop In Q2 Net Profit.
Russia's biggest mobile operator MTS reported a 36.4% drop in second-quarter net profit from the same period last!-->…
IFC Of The World Bank Uses Blockchain To Track Carbon Offsets.
International Finance Corp (IFC), a World Bank affiliate, told Reuters it is backing a blockchain-enabled platform!-->…
Russia Fines Streaming Site Twitch Over 31-Second ‘Fake’ Video.
A court in Russia has fined streaming service Twitch 2 million roubles ($33,000) for hosting a short video!-->…
Google Invests Over $1.5 Billion Into Blockchain Companies In 10 Months.
Google’s parent company, Alphabet, has invested over $1.5 billion into blockchain-focused companies between!-->…
Exclusive: BMW Will Receive Huge Cylindrical Batteries From China’s EVE In…
China's EVE Energy Co Ltd (300014. SZ) will supply BMW (BMWG. DE) with large cylindrical batteries for its!-->…
Australian Court Orders Google To Pay $43 Million For Misleading Users.
Australia's competition watchdog said on Friday that Alphabet Inc's (GOOGL. O) Google unit was by the country's!-->…
Samsung Unveils New Foldable Smartphones.
Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones; keeping prices at the!-->…
Google Opposes Facebook-backed Proposal For Self-Regulatory Body In India.
Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear!-->…
China’s July Auto Sales Extend Recovery, Jump 30% As COVID Curbs Ease.
China's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began!-->…
Website Creator Wix.com Plans Cost Cuts As Q2 loss Narrows.
Wix.com (WIX.O), which helps small businesses build and operate websites; reported a smaller-than-expected!-->…
Toyota Says No Change To Plan To Produce 9.7 Mln Vehicles Globally This Year.
Toyota Motor Corp (7203. T) said it would hold to its plan to produce 9.7 million vehicles globally this fiscal!-->…
Australia’s Central Bank Launches Digital Currency Project.
Australia's central bank said it was launching a one-year research programme into the case for a central bank!-->…
S.Korea To Probe App Store Operators Over Suspected In-app Payment Violations.
South Korea's telecommunications regulator on Tuesday said it plans to launch an investigation into app store!-->…
Tesla Sets Aug 25 As Trading Day For Shares
Tesla Inc (TSLA.O) said trading in its three-for-one split shares will start on Aug. 25; after the electric!-->…
Amazon Workers At UK Warehouse Walk Out Over Pay Offer, Union Says.
Amazon workers at a warehouse in Tilbury in southeast England have walked out in protest over pay..
"Amazon!-->!-->!-->…
Crypto Winter May Temper Fintech Earnings.
Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase (COIN.O).!-->…
Twitter Queries Banks On Musk’s Attempts To Undermine $44 Bln Deal.
Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion!-->…
Nissan’s Operational Profit Fell By 14% In The First Quarter.
Nissan Motor Co's (7201.T) first-quarter operating profit fell 14% to 64.9 billion yen ($478.08 million); the!-->…
Russia Fines Google $34 Mln For Breaching Competition Rules.
Russia's competition watchdog fined Alphabet's Google (GOOGL.O) 2 billion roubles ($34.2 million); for abusing its!-->…
Amazon To Raise Prime Prices In Europe As Retailer Wrestles With Costs.
Amazon.com Inc (AMZN.O) will raise fees for its delivery and streaming service Prime in Europe by up to!-->…
3M To Spin Off Healthcare Business.
3M Co (MMM.N) said the industrial giant plans to spin off its healthcare business and will retain a stake of 19.9%!-->…
Tesla Raises Spending Plan, Discloses New Subpoena On Musk’s 2018 Tweet.
Tesla Inc (TSLA.O) has increased its capital spending plan by $1 billion, the electric automaker said in a!-->…