Browsing: World

Amazon.com’s expansion plans, including its agreement to buy Whole Foods Market for US$13.7bn, are raising hackles in Washington – and Wall Street is taking notice. A US lawmaker has called for hearings on the proposed deal to

Uber Technologies is handing over the keys to its business in Russia. The San Francisco-based company and Yandex  are merging their ride-hailing businesses in Russia. Uber will invest US$225m and take a 36.6% stake in a new

Worldwide PC shipments fell by 4.3% in the second quarter of 2017 compared to the same period a year ago, marking the 11th straight quarter of declining shipments, according to analyst firm Gartner. Just over 61m PCs

The cryptocurrency Cassandras are starting to look right. The sector has lost about a third of its market value since peaking in early June, pushing it into what traditional equity market analysts label as a bear market. Bitcoin, the

Microsoft is setting up a new research lab focused on artificial intelligence with the goal of creating more general-purpose learning systems. The new lab, called Microsoft Research AI, will be based at the company’s

It’s time for bitcoin traders to batten down the hatches. The notoriously volatile cryptocurrency, whose 160% surge this year has captivated everyone from Wall Street bankers to Chinese grandmothers, could be headed for one of its

American President Donald Trump and high ranking members of the White House staff were sued on Tuesday by the Knight First Amendment Institute, which alleges the president’s blocking of dissenting Twitter users violates the US constitution