SoftBank profit wiped out by Vision Fund losses, second fund scaled back
Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at...
UK to make social media platforms responsible for harmful content
Britain said it would make social media companies such as Facebook, Twitter and Snap responsible for blocking or removing harmful content on their platforms....
Sequoia China moves investor pitch day online amid virus outbreak
Tech investor Sequoia Capital China is taking its “Demo Day” online for the first time as part of its efforts to reduce the impact on...
Microsoft names Braverman-Blumenstyk head of Israel development center
Microsoft Corp said on Wednesday it has appointed Michal Braverman-Blumenstyk as the general manager of the Microsoft Israel Development Center....
5G platform wipes out profits at ‘Angry Birds’ maker Rovio
Quarterly profit at “Angry Birds” maker Rovio Entertainment plunged 96% as the mobile games company was hit by the slower-than-expected take up of its 5G...
Russia’s security service tells internet firms to hand over user data: The Bell
Russia’s Federal Security Service (FSB) has ordered some of the country’s major internet companies to give it continuous access to their systems, The Bell investigative...
Turkcell signs agreement to use Huawei’s HMS: Huawei official
Turkish telecoms company Turkcell has signed an agreement with Chinese telecoms giant Huawei to use Huawei Mobile Services app ecosystem, Seth Wang, a Huawei Turkey...
Euskaltel seals deal to use Virgin brand across rest of Spain
Spanish broadband operator Euskaltel has signed an agreement to use the Virgin brand to expand across the whole of the country, its largest shareholder Zegona...
UK to make social media platforms responsible for harmful content: BBC
Britain’s regulator Ofcom will make social media companies such as Facebook and Twitter, responsible for harmful content on their platforms, the BBC said on Wednesday....
SoftBank Group third-quarter operating profit falls 99%, pulled down by Vision Fund
Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates, pulled down by losses at the $100...
