Technology
Video conference company Pexip surges 54% in IPO debut
Shares in Norway's Pexip Holding soared by 54% in early trade on Thursday as the video conferencing company made its stock market debut after an initial public offering (IPO) that was more than 12 times oversubscribed.
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India's investment policy upsets Xiaomi, Oppo's consumer finance plans
Tougher scrutiny of foreign investment in India has soured the plans of China's smartphone manufacturers seeking to expand beyond selling hardware for a bigger share of the South Asian country's competitive financial services market.
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Digicel Group denies report of Pacific unit sale to China Mobile
Jamaica-based mobile phone carrier Digicel Group denied an Australian newspaper report on Thursday and said there is "no basis whatsoever" that it would sell its Pacific unit to state-owned China Mobile Ltd .
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Chip specialist AT&S's full-year core profit down 22% on expansion cost
Printed circuit boards maker AT&S said on Thursday that core profit and revenue in its current first quarter were on the previous year's level after posting a 22% decline for the financial year due to investments in its expansion.
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Advocacy group says TikTok violated FTC consent decree and children's privacy rules
A group of privacy advocacy organizations is filing a complaint with the Federal Trade Commission on Thursday alleging that the popular app TikTok violated a consent decree and a law protecting children's privacy online.
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China's Tencent wins on lockdown gaming boom
High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings' first-quarter revenue and profits, with blockbuster games PlayerUnknown's Battlegrounds Mobile and Honor of Kings helping it beat forecasts.
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Trump extends U.S. telecom supply chain order aimed at Huawei, ZTE
President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk.
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Uber to require drivers, riders to wear masks around the world
Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as countries around the world begin easing restrictions aimed at curbing the spread of the coronavirus.
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Uber approaches Grubhub with acquisition offer: sources
Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub Inc in an all-stock deal, according to people familiar with the matter.
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U.S. accuses China-linked hackers of stealing coronavirus research
China-linked hackers are breaking into American organizations carrying out research into COVID-19, U.S. officials said on Wednesday, warning both scientists and public health officials to be on the lookout for cyber theft.
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Tesla, California county reach deal to reopen U.S. plant next week
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said.
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Shares of sensor maker AMS dive after proposes capital hike
Shares in AMS fell by 11% on Wednesday following news the sensor maker, best known as a supplier to Apple , was seeking approval for a capital raise.
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France to force web giants to delete some content within the hour
Social networks and other online content providers will have to remove paedophile and terrorism-related content from their platforms within the hour or face a fine of up to 4% of their global revenue under a French law voted in on Wednesday.
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Trump extends order on U.S. telecom supply chain security until 2021
U.S. President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk.
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In Canada, Albertans wary of 'Big Brother' with use of COVID-19 digital-tracing app
As the spread of the new coronavirus in Canada slows, the western province of Alberta has rolled out a digital-tracing tool to monitor outbreaks as quarantine restrictions ease. The hard part is convincing people to use it.
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Amazon launches three new models of Fire tablet
Amazon.com Inc on Wednesday launched three new versions of its Fire tablets with more storage and faster performance.
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EU consumer group warns against 'game-changer' Google-Fitbit deal
Alphabet Inc-owned Google's planned $2.1 billion buy of fitness trackers company Fitbit may harm consumers and hinder innovation, European consumer group BEUC said on Wednesday, calling it a game-changer deal in the health and digital markets.
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EU urges voluntary use of virus-tracing apps to speed recovery from pandemic
The European Commission urged EU governments on Wednesday to use COVID-19 contact tracing apps on a voluntary basis as part of efforts to lift border restrictions and revive the European Union's tourism and travel industries.
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Alphabet's Loon and S.Africa's Vodacom to expand rural internet in Mozambique
Loon, a unit of Google's owner Alphabet Inc , which uses high-altitude balloons to provide mobile internet to remote areas, has signed a deal with Vodacom to expand the South African mobile operator's network in Mozambique.
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China's Tencent reaps revenue of lockdown gaming boom
High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings' first-quarter revenue and profits, with blockbuster games PlayerUnknown's Battlegrounds Mobile and Honor of Kings helping it beats forecasts.
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