Real Time Financial News Website
China’s ride-hailing giant Didi Global Inc (DIDI.N) said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not correct. “Didi is…
Italy expects to receive bids by the end of September from companies interested in building a national cloud hub, a 900-million-euro project to upgrade the country’s data storage facilities, a…
Apple Inc (AAPL.O) said on Friday it would take more time to collect feedback and improve proposed child safety features after the criticism of the system on privacy and other…
The future looked promising for Tinashe Mapuranga, an intern at a leading bank in Zimbabwe who appeared set to get a staff position as soon as he completed his college…
Amazon.com Inc (AMZN.O) plans to take a more proactive approach to determine what types of content violate its cloud service policies, such as rules against promoting violence, and enforce its…
Facebook, Google, Microsoft and Amazon are seeking to meet Malaysia’s prime minister to ask that foreign vessels be allowed to repair undersea cables in its waters, a Google spokesperson said…
British mobile network operator (MNO) Vodafone UK has announced it is undertaking a project aimed at making ‘the best and most efficient use of spectrum and energy resources’, with it…
The Twitter ban in Nigeria is still in effect according to the Director, Public Affairs, Nigerian Communications Commission, Dr Ikechukwu Adinde. Adinde said that there had been no communications from…
Alibaba will invest 100 billion yuan ($15.5 billion) over the next few years into “common prosperity” initiatives, joining a chorus of technology giants pouring money into President Xi Jinping’s goal…
It’s been a long time coming but Facebook is finally feeling some heat from Europe’s much trumpeted data protection regime: Ireland’s Data Protection Commission (DPC) has just announced a €225…
Nio and Xpeng deliveries dropped in August as the chip shortage and supply chain constraints hit the Chinese electric vehicle makers. Li Auto was the only company out of the…
Apple on Wednesday said that some apps will be allowed to provide a link to their websites to prompt users to sign up for a subscription. Apple previously forbid app…
Chinese regulators have summoned and interviewed 11 ride-hailing firms asking them to rectify non-compliant behavior. The Ministry of Transport, along with a number of other regulators including the Cyberspace Administration…
Rivals such as Bumble and Tinder-owner Match Grouping trade at about 50 times their expected core earnings. That means ParshipMeet could be valued at more than 4 billion euros in…
Hewlett Packard Enterprise Co (HPE.N) on Wednesday said it won a 10-year, $2 billion contract to supply high-performance computing systems to the U.S. National Security Agency (NSA). The systems will…
Google (GOOGL.O) said on Wednesday it was appealing against a 500 million euro ($591 million) fine imposed by France’s antitrust watchdog in July over a dispute with local media about…
State-backed firms are set to take a sizeable stake in a key Ant Group asset for the first time, three people told Reuters, in a move that will loosen the…
The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet’s Google. Treasurer Josh Frydenberg said he…
Google is edging closer to rolling out its own central processing units, or CPUs, for its Chromebook laptops, according to a report from Nikkei Asia on Wednesday that cites people…
Databricks, a data analytics platform that uses artificial intelligence, said on Tuesday it raised $1.6 billion to expand its engineering team to keep its lead in the market, a funding…
South Korea’s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping…
Production of Apple Inc’s (AAPL.O) latest smartwatch has been delayed due to its complicated design, the Nikkei reported on Tuesday, citing people familiar with the matter. Manufacturers of Apple Watch…
Shares of Zoom (ZM.O) slid more than 11% in premarket trading on Tuesday, after the video conferencing company signaled a faster-than-expected drop in demand and analysts questioned its future plans…
A dicey situation reminiscent of the dot-com bubble may be unfolding on Wall Street. According to BTIG’s Julian Emanuel, the market’s record price action is mimicking late 1999, and it…
Shares of China’s second-largest gaming company NetEase fell on Tuesday after regulators dramatically cut down the amount of time children were allowed to play games. NetEase was down about 2.9%…
Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. News of the IPO was…
China’s new rules forbidding under-18s from playing video games for more than three hours a week knocked shares in Tencent Holdings Ltd (0700.HK) and other gaming companies, while young players…
Shares of PayPal Holdings Inc (PYPL.O) jumped on Monday after a report that it is exploring ways to let its U.S. customers trade individual stocks on its platform. The payments…
Alphabet Inc’s (AAPL.O) Google unit, Facebook Inc (FB.O) and Microsoft Corp (MSFT.O) are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing…
The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O). Treasurer Josh Frydenberg…