Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:53
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of
2023-05-24 20:19
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:25
Japan's Rakuten set to raise $2.18 billion through share issue
TOKYO (Reuters) -Japanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by
2023-05-24 16:48
Meta sells Giphy to Shutterstock to comply with UK regulator order
(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million
2023-05-24 06:19
Alphabet-backed AI startup Anthropic raises $450 million as funding freeze thaws
Anthropic, an artificial intelligence startup backed by Google parent Alphabet Inc, said on Tuesday it had raised $450
2023-05-23 23:18
Lordstown opts for reverse stock split to meet Nasdaq rules, appease Foxconn
(Reuters) -Lordstown Motors Corp said on Tuesday it will carry out a reverse stock split to meet the Nasdaq listing
2023-05-23 19:55
EU seeks top court backing in $14 billion tax fight against Apple
By Foo Yun Chee LUXEMBOURG EU competition regulators appealed to the bloc's highest court on Tuesday to override
2023-05-23 18:45
Quanta Computer to invest $1 billion in northern Mexico
(Corrects Reuters instrument code for Foxconn in the 8th paragraph) MEXICO CITY (Reuters) -Taiwan-based electronics manufacturer Quanta Computer will invest
2023-05-23 14:29
Bill Gates says top AI agent poised to replace search, shopping businesses
SAN FRANCISCO Bill Gates, Microsoft Corp's co-founder, on Monday said the technology race to win is development of
2023-05-23 01:51
Microsoft defeats gamers' bid to block $69 billion Activision deal in US court
By Mike Scarcella Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire
2023-05-22 22:55
US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:28