Indian traders ask court for Amazon, Flipkart antitrust probe restart
An Indian retail group has asked a court to allow the restart of an antitrust investigation into Amazon.com Inc and a Walmart unit that is...
Demand for Luckin app surges as Chinese rush to drink up after admission of fraud
Luckin Coffee’s app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long...
Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter
Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip...
Samsung Electronics says first-quarter profit likely rose 3%, beating estimates
Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely rose 3% from a year earlier, slightly beating analysts’ forecasts as chip sales...
Roku launches ad-funded streaming channel in ‘stay-at-home’ Britain
Streaming-device maker Roku Inc launched its Roku Channel in Britain on Tuesday, offering free access to more than 10,000 movies, TV episodes and documentaries at...
U.S. chipmaking industry pushes back on proposed export rule changes
Industry groups are pushing back on proposed changes to U.S. export controls that would impact the sale of certain semiconductors and other technology to China,...
Facebook asks users about coronavirus symptoms, releases friendship data to researchers
Facebook Inc said on Monday it would start surveying some U.S. users about their health as part of a Carnegie Mellon University research project aimed...
Peloton halts live classes as employee tests positive for COVID-19
Peloton Interactive Inc said on Monday it would pause live production of its exercise videos at its New York and London studios through April 30...
Cryptocurrency issuers, exchanges face U.S. class action lawsuits
Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets...
IBM taps former Bank of America CTO to oversee cloud business
International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna...