The European Union and the UK are preparing to launch “in-depth” investigations into Nvidia’s proposed US$40-billion acquisition of chip designer ARM from SoftBank Group, the Financial Times reported.
Author: Agency Staff
US President Joe Biden’s nominee for commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei Technologies and other Chinese companies shouldn’t remain on a restricted trade list.
A surprise chat between tech billionaire Elon Musk and Robinhood CEO Vlad Tenev on new audio-based social network Clubhouse has helped propel the app to the top of the start-up charts.
Kia Motors jumped as much as 14.5% after a local media report that Apple will invest the equivalent of $3.6-billion as part of a collaboration with the Korean car maker on making electric vehicles.
A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Texas on Tuesday, in a repeat of an accident that destroyed a previous test rocket.
Tencent Holdings on Wednesday named 37 companies it had blacklisted from future contracts and said it has fired more than 100 staff over embezzlement and bribery incidents.
Amazon.com founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor.
ByteDance is suing Tencent Holdings over alleged monopolies in its WeChat and QQ platforms, escalating a feud between the leading Chinese social media giants.
Ford will plough over $1-billion into a plant in South Africa – its biggest-ever investment in the country – as the car maker scales back in other regions including Brazil and Europe.
Nigeria has given telecommunication providers an extra eight weeks to add valid national ID numbers to every Sim card registered in the country, according to a statement.