Apple is facing lawsuits in several European countries seeking about €180-million over misleading claims about the battery life of older iPhones.
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Airbnb is aiming for a valuation of nearly $35-billion in what will be the last blockbuster US IPO of the year, marking a stunning recovery in its fortunes after the home rental firm was ravaged by Covid-19.
Facebook-backed cryptocurrency libra has been rebranded “diem” in a renewed effort to gain regulatory approval by stressing the project’s independence.
Zoom Video Communications warned on Monday its gross margins would remain under pressure going into 2021 as the surging number of free users makes it hard to offset a spike in costs.
The UK will ban the installation of 5G equipment from China’s Huawei Technologies by the end of next September.
The Trump administration is poised to add China’s top chip maker, SMIC, to a blacklist of alleged Chinese military companies, escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
S&P Global is in advanced talks to buy IHS Markit for about US$44-billion, according to a person familiar with the matter.
Ethiopia opened the doors on Friday for telecommunications operators wishing to secure two new licences to submit their technical and financial bids.
Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.
Tesla’s market value soared past $540-billion this week — equivalent to 250 times its expected earnings this year — meaning it’s now the world’s 10th most valuable listed business.