Shares of ByteDance, the Chinese parent of hit video app TikTok, are trading at a valuation of more than $250-billion in the secondary market, according to people familiar with the matter.
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Xiaomi plans to invest about $15.3-billion over the next three years to manufacture electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market.
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German car maker is behind on electrification, its top executive said.
PayPal will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally.
US robotics company Boston Dynamics on Monday unveiled a new robot called Stretch, designed to perform one very specific warehouse job: moving boxes.
Discord is not new, but talks about a $10-billion sale to Microsoft has the world wondering about this videogame-centric chat app.
China’s Xiaomi plans to make electric vehicles using Great Wall Motor’s factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
US President Joe Biden on Thursday promised to outspend China on innovation and infrastructure to prevent it from overtaking the US to become the world’s most powerful country.
Twitter CEO Jack Dorsey tweeted his frustration with US lawmakers’ questions on the social media platform during a hearing about misinformation on Thursday.
Slack Technologies rolled out a new feature on Wednesday designed to build out its e-mail replacement service called Slack Connect, but had to backtrack almost immediately after backlash over its potential for abuse.