Posts in tag

Technology / Media / Telecoms


FILE PHOTO: A view of the Twitter logo at its corporate headquarters in San Francisco, California, U.S. October 28, 2022. REUTERS/Carlos Barria (Reuters) – After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the company is now reaching out to dozens of employees who lost their jobs …

FILE PHOTO: U.S. State Department spokesman Ned Price answers a question during a news briefing at the department in Washington, U.S., February 9, 2021. Olivier Douliery/Pool via REUTERS WASHINGTON (Reuters) – The United States has profound concerns over China’s “predatory” behavior when it comes to technology, the State Department spokesman said on Thursday, adding that …

By Devik Jain, Shreyashi Sanyal (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Tesla invests $1.5 bln in bitcoin; crypto stocks jump * Disney, Cisco climb ahead of results this week * Futures up: Dow 0.45%, S&P 0.37%, Nasdaq 0.41% (Adds …

* Some 18 firms to list on Shenzhen’s revamped ChiNext on Monday * Reforms to ChiNext aimed at fast-tracking IPOs * Reforms come as U.S. and China fight so-called tech war * Fund managers flag tech bubble risks, fraud risks By Samuel Shen and Andrew Galbraith SHANGHAI, Aug 21 (Reuters) – As companies prepare to …

July 17 (Reuters) – Hong Kong Stock Exchange Filings: * ALIBABA GROUP HOLDING LIMITED SAYS IT SOLD 154.0 MLN SHARES IN ALIBABA HEALTH INFORMATION TECHNOLOGY AT AVG PRICE OF HK$22.65 ($2.92) PER SHARE ON JULY 14 – HKEX FILING * ALIBABA GROUP HOLDING LIMITED’S LONG POSITION IN ALIBABA HEALTH INFORMATION TECHNOLOGY DECREASES TO 67.51% FROM …

FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration (Reuters) – The U.S. state attorneys general investigating Alphabet Inc’s Google for potential antitrust violations are leaning toward pushing for a breakup of its ad technology business as part of an expected suit, CNBC reported on Friday, …

(Reuters) – Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment. Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC. The startup, formed by two former Uber Technologies Inc executives two years …

FILE PHOTO: Logo of Didi Chuxing is seen at its headquarters building in Beijing, China August 28, 2018. REUTERS/Jason Lee BEIJING/SHANGHAI (Reuters) – China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s (9984.T) Vision Fund 2. The …

FILE PHOTO: A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song HONG KONG (Reuters) – Chinese tech giant Tencent Holdings (0700.HK) will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure including cloud computing, artificial intelligence and cybersecurity, …

NEW DELHI (Reuters) – India has mandated that all public and private sector employees use a government-backed Bluetooth tracing app and maintain social distancing in offices as New Delhi begins easing some of its lockdown measures in lower-risk areas. FILE PHOTO: Employees wearing protective masks work inside a call centre run by Uttar Pradesh state …