Vietnam-linked hackers targeted Chinese government over coronavirus response: researchers
Hackers working in support of the Vietnamese government have attempted to break into Chinese state organisations at the centre of Beijing’s effort to contain the...
China allows Samsung Elec staff to enter country for chip factory expansion
China has allowed 200 employees from South Korea’s Samsung Electronics Co Ltd to enter the country to work on an expansion of the firm’s NAND...
Softbank-backed OYO to cut pay of all employees in India: internal memo
Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April and also sent some of...
Sweden’s Ericsson shows its resilience in face of pandemic
Ericsson posted better than expected quarterly earnings on strong demand for 5G network equipment even as the coronavirus wreaked havoc, lifting the Swedish telecoms company’s...
Ericsson beats first-quarter core profit estimates, defying virus outbreak
Sweden’s Ericsson on Wednesday reported quarterly core earnings ahead of market estimates, as demand for 5G network equipment stayed strong even as the coronavirus outbreak...
Facebook to buy 10% stake in telco unit of India’s Reliance Industries for $5.7 billion
Facebook will buy a 10% stake in the digital business of India’s Reliance Industries for $5.7 billion, as the social media firm looks to leverage...
China regulator detects sale of banking, insurance customer data by criminals
China’s banking and insurance regulator said on Wednesday it had detected sales of banking and insurance sector customer data overseas by criminals, without specifying how...
Netflix doubles expected signups but warns coronavirus boost may fade
Netflix Inc more than doubled its own projections for new customers as quarantined audiences binged on series such as “Tiger King,” but the company predicted...
Texas Instruments forecasts weak earnings to reflect coronavirus threat
Texas Instruments Inc on Tuesday forecast current-quarter revenue and profit largely below Wall Street estimates after posting first-quarter results above expectations, as the chip industry...
Exclusive: ValueAct eyes Nintendo with stake of over $1.1 billion, letter shows
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo , according to a letter seen by Reuters, a...
