Amazon’s foreign websites named in U.S. piracy and counterfeiting report
Several of Amazon.com Inc’s foreign websites have been added to the U.S. trade regulator’s “Notorious Markets” report on marketplaces known for counterfeiting and piracy concerns....
U.S. ITC to probe some Nintendo gaming systems after petition
The U.S. International Trade Commission on Wednesday said it would launch an investigation into says certain portable gaming systems by Nintendo Co Ltd after privately-held...
Nio shares surge after it secures $1 billion investment
Nio Inc’s shares jumped more than 14% on Wednesday after it said it had secured a 7 billion yuan ($989 million) investment in Nio China,...
Spotify’s subscribers, usage surge amid coronavirus outbreak
Spotify Technology SA’s paid music subscribers surged to 130 million in the first quarter, driving shares in the Swedish music streaming firm higher as its...
Chip technology firm Arm to ease fees for startups, join incubator
Arm Inc, the British firm whose chip technologies power most smart phones, said on Wednesday it was easing fees for startup companies and providing free...
Samsung’s phone fortunes wane as COVID-19 hits 5G phones in Europe and U.S.
When the coronavirus outbreak in China disrupted global smartphone production in February, Samsung looked set to weather the crisis better than most thanks to its...
Sensor maker AMS gives upbeat outlook, shares up 22%
Shares in sensor producer AMS jumped 22% after the Apple supplier gave an upbeat forecast for the current quarter and the remainder of the year,...
TikTok, Gates pledge $20 million to help Africa tackle COVID-19
The social media platform TikTok and the philanthropic Gates Foundation donated $10 million each on Wednesday to the vaccine alliance GAVI to help fund efforts...
Spotify paid music subscribers rises to 130 million, quarterly revenue jumps 22%
Spotify Technology SA reported a 22% jump in first-quarter revenue on Wednesday as the music streaming company beat analysts’ expectations to reach 130 million paid...
Google makes Meet video conferencing free to all users, challenging Zoom
Alphabet Inc’s Google on Wednesday said any user will soon be able to host free video conferences on Meet, turning its previously business-only tool into...