Wirecard raises EBITDA, revenue and transaction targets for 2025
German payments firm Wirecard on Tuesday said it was increasing its 2025 targets for transaction volume, revenue and EBITDA due to organic growth drivers and...
U.S. widens blacklist to include China’s top AI startups ahead of trade talks
The U.S. government expanded its trade blacklist to include some of China’s top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and...
China’s Hikvision resolutely opposes U.S. blacklisting: state media
Chinese state media said on Tuesday video surveillance firm Hikvision resolutely opposes the U.S. move to blacklist the firm, saying the decision has no basis...
South Korea’s Hanwha likely to win from surveillance rivals’ blacklisting: industry experts
South Korean video surveillance provider Hanwha Techwin stands to gain the most from the U.S. blacklisting of China’s Hikvision and Dahua, an industry expert and...
Hyundai Card asks banks to pitch for IPO roles
Hyundai Card, the credit card unit of Hyundai Motor Group, said on Tuesday it has asked banks to submit proposals this month for roles in...
Samsung’s third-quarter profit estimate exceeds expectations on smartphone sales
Samsung Electronics flagged slightly better than expected third quarter profit on Tuesday, helped by strong sales of its new Galaxy Note 10 smartphone series even...
Facebook the focus of U.S. Justice Department and state AGs meeting
U.S. state attorneys general investigating Facebook Inc for alleged anti-competitive practices met on Monday with officials of the Justice Department and the Federal Trade Commission,...
Paralyzed man hails ‘feat’ of walking again with robot exoskeleton
The French tetraplegic man who has been able to walk again using a pioneering four-limb robotic system, or exoskeleton, said walking was a major feat...
Rwanda launches first ‘Made in Africa’ smartphones
Rwanda’s Mara Group launched two smartphones on Monday, describing them as the first “Made in Africa” models and giving a boost to the country’s ambitions...
U.S. Supreme Court snubs University of Wisconsin appeal in patent fight with Apple
The U.S. Supreme Court on Monday refused to hear a bid by the University of Wisconsin’s patent licensing arm to reinstate its legal victory against...