Foxconn to invest additional $1.7 billion in KarnatakaThe Taiwan-based company, which assembles around 70% of iPhones and is the world's largest contract manufacturer, has been diversifying pro...
12 Dec, 2023, 09.46 PM IST
BlackBerry expects to report drop in quarterly revenue, shares diveIn its preliminary results announcement for the quarter, the company said it expects revenue of about $132 million, compared with $168 mill...
07 Sep, 2023, 08.03 AM IST
Boeing China appoints new president amid Sino-US tensionsChina accounts for about a quarter of global aircraft imports and its dealings with Boeing have become mired in geopolitical and trade tens...
16 Aug, 2023, 02.05 PM IST
Metaverse has set off no alarms or need for controls yet: EU antitrust chief Margrethe VestagerVestager said a raft of legislation adopted in the last five years to regulate Big Tech, ranging from privacy to market power and upcoming ...
06 Jul, 2023, 06.49 PM IST
Italy's Meta tax review gets underway in potential test case for tech sectorThe case stemmed from an Italian audit that claimed Meta user registrations could be seen as a taxable transaction as they implied the non-...
05 Jul, 2023, 04.03 PM IST
BlackRock files for bitcoin ETF in push into cryptoBlackRock, the world's biggest asset manager, has filed an application with the US SEC for a bitcoin exchange-traded fund (ETF) called the ...
16 Jun, 2023, 11.29 AM IST
Novavax lays off 25% of workforce, releases 2023 outlookBiotech firm Novavax is reducing its global workforce by 25% as it pushes ahead with cost-cutting measures aimed at dealing with sluggish d...
10 May, 2023, 01.01 AM IST
US money market funds draw inflows for fifth straight weekU.S. money market funds have been successful in attracting investment with a net inflow of $20.51bn in the week to April 12, marking the fi...
14 Apr, 2023, 05.19 PM IST
Judge halts Voyager Digital's $1.3 billion sale to Binance.USUS District Judge Jennifer Rearden in Manhattan ruled Monday that the sale should be put on hold, overruling Voyager's argument that a dela...
28 Mar, 2023, 10.34 AM IST
Baidu beats fourth-quarter revenue estimates, flags chatbot launchThe search engine giant, which generates most of its revenue from online ads, is seeing advertisers return after China lifted its zero-COVI...
22 Feb, 2023, 07.52 PM IST
Amazon deepens healthcare push with $5 monthly subscription for US Prime membersThe programme, named RxPass, includes more than 50 medications addressing over 80 chronic conditions such as high blood pressure, anxiety, ...
24 Jan, 2023, 03.27 PM IST
Boston Scientific to buy Apollo Endosurgery for $417 millionThe offer of $10 per share in cash for Apollo Endosurgery represents a premium of nearly 67% to the stock's last close. Its shares were up ...
29 Nov, 2022, 06.28 PM IST
SoftBank sells 4.5% stake in India's Paytm for $200 million - sourcesSoftBank's sale of 29.35 million shares at that price amounts to a total consideration of $200 million, according to Reuters calculations. ...
17 Nov, 2022, 01.58 PM IST
Meta unfriends FB ticker in final farewell to Facebook eraMark Zuckerberg, Meta's co-founder and CEO, established Facebook in 2004 from his Harvard dorm as a way for students to meet via the intern...
10 Jun, 2022, 07.32 AM IST
All in a day: Mark Zuckerberg loses $29 billion, Jeff Bezos set to pocket $20 billionMark Zuckerberg's one-day wealth decline is among the biggest ever and comes after Tesla Inc top boss Elon Musk's $35 billion single-day pa...
04 Feb, 2022, 09.34 AM IST
Tim Cook earned over 1,400 times the average Apple worker in 2021Tim Cook, whose salary remained at $3 million, received $82.3 million in stock awards, $12 million for hitting Apple's targets and $1.4 mil...
08 Jan, 2022, 01.17 PM IST
Australian shares slip; investor focus shifted to ECB, BOJAUSTRALIA-STOCKS/Australian shares slip; investor focus shifted to ECB, BOJ
14 Jun, 2018, 01.49 PM IST