The Pirate Bay, one of the last surviving file-sharing websites, is in peril after judges at the European Union’s top court warned that giving users free access to a trove of Hollywood movies, TV shows and music risks breaking the law. “Making
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After years toiling away in secret on its car project, Apple CEO Tim Cook has for the first time laid out exactly what the company is up to in the automotive market: it’s concentrating on self-driving technology. “We’re focusing on autonomous
Uber Technologies CEO Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals
Safaricom may expand its popular mobile banking service M-Pesa into countries such as Nigeria and Angola, as East Africa’s biggest company grapples with regulatory scrutiny in its home market of Kenya. The sale of a 35% stake
After a Sunday meeting that lasted more than six hours, a representative for Uber Technologies’ board said directors have approved several changes, without providing clarity on the fates of CEO Travis Kalanick or his confidant and head of business, Emil
Not long ago, SpaceX founder Elon Musk cracked what he once labelled a monopoly for US defence department space launches, successfully breaking into a business that was dominated by United Launch Alliance. The DOD’s appetite
A crack has finally formed in the foundation of the US bull market. Now investors must decide if any structural damage has been done. This year’s hottest stocks, companies from Facebook and Apple to Netflix and Nvidia, buckled
Apple CEO Tim Cook has warned Massachusetts Institute of Technology graduates that technology – and social media in particular – can divide society even as it’s intended to bring people together. “The Internet has enabled
Tesla stock is the new ultimate driving machine. Shares of Elon Musk’s electric-car maker climbed 1,4% as of 11.10am Friday, boosting its market capitalisation to US$61,6bn, about $280m more than BMW. Tesla now ranks as the
SoftBank Group is taking over Google parent Alphabet’s robot dreams, buying Boston Dynamics to pursue a future when more machines intermingle with humans. As part of the transaction with Alphabet, SoftBank