Shares in Taiwan’s TSMC fell nearly 4% on Wednesday after Intel announced a $20-billion plan to expand its advanced chip manufacturing capacity, even as Taiwan’s economy minister sought to downplay the impact.
Author: Agency Staff
Microsoft president Brad Smith has cast doubt on whether fintech companies should issue currencies, saying governments are still best-placed to play that role.
Pony Ma, founder of Naspers affiliate Tencent Holdings, China’s biggest social media and videogames company, met with antitrust watchdog officials this month to discuss compliance at his group, sources said.
National treasury is considering whether it would be better to move a chunk of Eskom’s R464-billion of debt into a special-purpose vehicle or have the state take over responsibility for it directly.
Former US President Donald Trump, who has been banned from Twitter and other major social media platforms, said he’s working on his own platform to reach his followers that could be announced soon.
Microsoft is in talks to buy messaging platform Discord for more than US$10-billion, Bloomberg News reported, citing people familiar with the matter.
Elon Musk’s SpaceX will be landing its Starship rockets on Mars well before 2030, the billionaire entrepreneur said in a tweet on Tuesday.
LG Electronics may shut down its mobile communication business rather than sell it, DongA Ilbo reports, citing an unidentified person in the electronics industry.
The financial services industry, braced for what could be its biggest disruption in decades, is about to get an early glimpse at the Federal Reserve’s work on a new digital currency.
Robot artist Sophia, whose first artwork goes up for auction on Wednesday, says she draws inspiration for her work from people and is open to future creative partnerships with humans.