Sony to turn financial arm into wholly owned unit for $3.7 billion: Nikkei
Sony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion...
Financial gain trumps espionage as top motivator in cyber attacks: report
Money trumped spying as the top motivator for data breaches last year, according to Verizon’s annual report on cyber crimes published on Tuesday....
White House panel: Build new tech infrastructure for future jobs
A White House advisory panel on Tuesday will call for the government and private industry to work together to build new technological infrastructure to support...
Vietnam targets e-commerce turnover reaching $35 billion by 2025
Vietnam is aiming for double-digit annual growth in the turnover of e-commerce over the next five years, forecasting that sales in the sector could be...
Baidu sees robust quarter as China’s economy reopens
Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world’s second-largest economy after strict lockdowns to...
SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom: WSJ
SoftBank Group Corp is in talks to sell “a significant portion” of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street...
Disney’s streaming chief Mayer to become TikTok CEO
Walt Disney Co’s top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of Chinese company...
Baidu forecasts current-quarter revenue above estimates, shares rise
Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations after beating earnings estimates, as the world’s second-largest economy reopens after lockdowns imposed to...
Baidu beats quarterly revenue estimates
China’s search engine giant Baidu Inc beat analysts’ estimates for quarterly revenue on Monday, as its video streaming platform iQIYI benefited from strong demand from...
Square joins Twitter in letting employees work from home permanently
Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a...