In Christian Klein’s first year as sole CEO at SAP, the company’s shares had their worst performance in 12 years. The pandemic damaged sales. And he lost his co-CEO in a high-profile ouster.
Browsing: World
Hong Kong’s equity traders can’t get enough of Tencent Holdings, the $926-billion giant that’s on pace for its biggest ever monthly gain.
Google parent Alphabet is shutting down its Internet balloon business, Loon, which aimed to provide a less expensive alternative to cellphone towers, saying on Thursday that it was not commercially viable.
In the waning days of Donald Trump’s presidency, Jeremy Grantham warned that US stocks were in an epic bubble. He now predicts Joe Biden’s economic recovery plan will propel them to perilous new heights, followed by an inevitable crash.
Uganda will maintain its shutdown of Facebook, Twitter and other social media platforms until the government deems they’re safe from being used to inflame tensions, a report said.
Intel gave an upbeat forecast for the current quarter on continued demand for PCs that enable working and studying from home. The stock jumped.
Tesla chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a US$100-million prize for development of the “best” technology to capture carbon dioxide emissions.
Bitcoin wavered on Friday and was heading toward its sharpest weekly drop since September, as worries over regulation and its frothy rally drove a pullback from recent record highs.
Outgoing US Federal Communications Commission chairman Ajit Pai said potential Chinese espionage and threats to Internet freedom are among the biggest national security issues that regulators will face in the next four years.
The recently updated website for President Joe Biden’s White House carried an invitation for tech specialists savvy enough to find it.