Alibaba-backed EV startup XPeng raises nearly $400 million for growth: sources
Chinese electric vehicle (EV) manufacturer XPeng, backed by Alibaba Group Holding Ltd, has raised nearly $400 million from investors including Xiaomi Corp to fund its...
Disney+ launch marred by glitches as demand overwhelms
Walt Disney Co said demand for its much-anticipated streaming service, Disney+, was well above its expectations in a launch on Tuesday marred by complaints from...
Revolut plans to raise $500 million next year to fund global expansion
British-based digital banking app Revolut is in talks with investors to raise at least $500 million next year to fund a global hiring spree as...
UK Labour Party undergoing second cyber attack: source
Hackers attacked Britain’s opposition Labour Party for a second time in two days on Tuesday and attempted to force its web services offline, according to...
Hackers launch second cyber attack against UK Labour Party
Hackers attacked Britain’s opposition Labour Party for the second time in two days on Tuesday, sources told Reuters, flooding its web services with malicious traffic...
U.S. Army should assess security risks of using TikTok for recruitment – Sen. Schumer
The top Democrat in the U.S. Senate, Chuck Schumer, on Tuesday released a letter to Army Secretary Ryan McCarthy raising concerns about using the Chinese...
Hackers attempt to take down UK Labour Party’s web services ahead of election
Hackers attacked Britain’s opposition Labour Party, bombarding its web services with malicious traffic in an attempt to force them offline just weeks ahead of a...
EU clears Telia’s $957 million Swedish TV deal with Bonnier
Telia won conditional EU antitrust approval on Tuesday for its $957 million bid for Bonnier Broadcasting, a deal the Swedish telecoms firm hopes will help...
Telia’s $957 million bid for Bonnier secures EU approval
Swedish telecoms operator Telia won conditional EU antitrust approval on Tuesday for its $957 million bid for Bonnier Broadcasting, a move allowing it to better...
Situation critical: Vodafone’s future in India in doubt after court ruling
Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges, after a court judgment...