Amazon.com CEO Jeff Bezos sold shares worth $3.1-billion in the e-commerce company in recent days, regulatory filings showed on Wednesday.
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Telkom Kenya said on Wednesday it was no longer pursuing a proposed joint venture transaction with the Kenyan unit of India’s Bharti Airtel.
Facebook rolled out its own version of social media rival TikTok in more than 50 other countries on Wednesday, embedding a new short-form video service called Reels as a feature in Instragram.
Tencent wants to merge China’s biggest game-streaming platforms, Huya and DouYu International, people familiar with the matter said, in a deal that would allow it to dominate the $3.4-billion arena.
President Donald Trump’s unprecedented demand that the US get a cut of the proceeds from the forced sale of TikTok is based on an interpretation of law that may be open to challenges.
A US investigation into ByteDance’s TikTok is really intended to smother a Chinese-owned app that’s become a sensation with Americans, founder Zhang Yiming told employees in China.
China will not accept the “theft” of a Chinese technology company and is able to respond to Washington’s move to push ByteDance to sell TikTok’s US operations, the China Daily newspaper said.
The goal of blockchain start-ups to build a decentralised Internet always depended on wresting data storage away from giants like Amazon and Google. That missing piece of the puzzle may be solved.
Google is buying a 6.6% stake in home security firm ADT for $450-million in a deal that will allow it to provide service to customers of its Nest home security devices.
TikTok owner ByteDance has accused Facebook of plagiarism and smears, and said it faced “complex and unimaginable difficulties” as it worked to grow into global company.