Sberbank, Mail.ru to set up Yandex.Taxi rival as Russia’s internet booms
Russia’s Sberbank and internet firm Mail.ru said on Thursday they would invest up to 64 billion roubles ($1 billion) in a new joint platform for...
Electronics maker Flex ‘seized’ $100 million of Huawei goods in China: Global Times
Electronics manufacturer Flex held up goods worth some 700 million yuan ($101.85 million) of its Chinese client Huawei Technologies for more than a month after...
Johannesburg power body hit by ransomware attack
City Power, responsible for powering South Africa’s financial capital Johannesburg, said on Thursday it had been hit by a ransomware virus that had encrypted all...
Russia’s Sberbank and Mail.ru to form JV in taxis, food
Russia’s Sberbank and internet firm Mail.ru said on Thursday they had signed a letter of intent to launch a joint platform in taxi services and...
Salesforce expands footprint into China with Alibaba partnership
Salesforce.com Inc said on Wednesday it will partner with Chinese e-commerce company Alibaba Group Holdings Ltd , as the U.S. cloud-based service provider looks to...
Facebook removes fake accounts from Thailand, Russia, Ukraine, Honduras
Facebook Inc said on Thursday it had erased over 1,800 accounts and pages from Thailand, Russia, Ukraine and Honduras, its latest move to counter deceptive...
Warren Buffett charity lunch in limbo after crypto promoter issues apology
Chinese cryptocurrency entrepreneur Justin Sun issued a lengthy public apology on Thursday for the manner in which he promoted his $4.57 million charity lunch with...
Russia’s Sberbank and Mail.ru to form JV in transportation, food
Russia’s Sberbank and internet firm Mail.ru said on Thursday they signed a letter of intent to launch a joint platform in transportation and food to...
STMicro lowers full-year sales guidance as chip market remains volatile
Franco-Italian chipmaker STMicroelectronics lowered its full-year sales guidance on Thursday in spite of improved activity in the second-quarter, signaling how the sector remains volatile given...
Toyota to invest $600 million in China’s Didi, new JV to develop mobility services
Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing as well as a new joint venture as...