Microsoft clarifies Teams usage surged 775% in Italy
Microsoft Corp said it has seen a 775% jump in a month for Teams calling and meeting in Italy, withdrawing an earlier statement that the...
Huawei warns China will strike back against new U.S. restrictions
Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas...
HelloFresh shares at record high on coronavirus sales boost
Shares in meal-kit delivery firm HelloFresh jumped to a record high on Tuesday after it said it expected strong first-quarter sales and profit due to...
Apple supplier Japan Display finalises deal to raise $200 million from ‘customer’
Japan Display said on Tuesday it has finalised a deal to raise $200 million from “an overseas customer,” which sources have said is Apple....
Vivendi closes Universal 10% stake sale to Tencent consortium
Vivendi has closed the sale of a 10% stake in Universal Music Group (UMG) to a Tencent-led consortium in a deal giving UMG an enterprise...
China’s Pinduoduo raises $1.1 billion in share placement amid volatile markets
Chinese e-commerce firm Pinduoduo Inc said on Tuesday that it had raised $1.1 billion in a private share placement, bolstering its ability to finance growth,...
HelloFresh shares at record high on virus sales boost
Shares in meal-kit delivery firm HelloFresh jumped to a record high on Tuesday after it said it expected strong first-quarter sales and profit due to...
Line survey finds 7% of users in Tokyo have at least one coronavirus symptom
A survey of Line Corp’s chat app users in Tokyo and neighboring prefectures in partnership with Japan’s health ministry found 7.1% of respondents in the...
Alibaba plans to buy at least 10% stake in Chinese courier Yunda: sources
Alibaba Group Holding Ltd plans to buy at least 10% of Yunda Holding Co Ltd , marking the e-commerce giant’s fifth investment in a large...
Samsung Display to end all LCD production by end 2020
South Korean panel maker Samsung Display has decided to end all of its production of liquid crystal display (LCD) panels in South Korea and China...
