Australia to set out proposals to rein in Facebook, Google
Australia will publish on Friday recommendations to limit the power of Facebook Inc and Google, potentially setting a precedent for global lawmakers grappling with the...
China finds clues of additional Fedex violations: Xinhua
China’s government has discovered clues that Fedex violated the law as part of its ongoing investigation into the mail carrier, state-media outlet Xinhua reported on...
SoftBank Group announces new $108 billion Vision Fund aimed at AI
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it had secured memoranda of understandings (MOUs) for...
Intel says customers stockpiling chips on U.S.-China tension, hikes forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown...
Amazon misses second-quarter profit estimates
Amazon.com Inc fell short of second-quarter profit estimates on Thursday as the world’s biggest online retailer faces fierce competition from Walmart and other e-commerce players...
Five things to look for in Twitter’s results
Twitter Inc will have a chance to detail its plans to grow users and ad dollars on Friday when it releases its second-quarter earnings before...
Study shows cute kids are YouTube clickbait; child advocates concerned
YouTube videos featuring young children drew nearly triple the average viewership of other content, according to research released on Thursday that provided ammunition for child...
Tesla shares, bonds under pressure as Musk changes tune on profit
Shares of Tesla Inc sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to...
Britain’s O2 to launch 5G mobile network in October
Britain’s O2 mobile phone network, owned by Spain’s Telefonica, said on Thursday it would launch next generation 5G services in October, and will be live...
Tesla shares sink as Musk changes tune on profit
Shares of Tesla Inc sank 11 percent on Thursday, on course to knock more than $5 billion off the electric carmaker’s market value, a day...