Business news

Consumer & Gadgets

Navigating digital financial inclusion in Africa

As the presence of mobile phones becomes increasingly widespread in Africa, digital services have allowed for more financial inclusion among low- and middle-income countries within the continent. Through a system known as ...

Business

UK fines TikTok over safety data reporting

British telecommunications regulator Ofcom said Wednesday it had handed video sharing platform TikTok a £1.9 million ($2.4 million) fine for failing to timely make available safety data.

Business

France quietly catches rivals in battle for data center supremacy

At the end of a narrow suburban street north of Paris, a giant structure shrouded in a skin of mesh and steel looks like a football stadium, but is in fact a vast data center.

Business

Google's aborted deals show antitrust's long shadow over tech

In recent months, Google showed interest in two companies, either of which would have been the biggest-ever purchase for the internet giant. And both times, the deals fell apart.

Business

Bosch to buy US firm's air conditioning business

Germany's Bosch said Tuesday it planned to buy heating, ventilation and air conditioning assets from Johnson Controls International, in an $8-billion acquisition it called "the biggest" in the group's history.

Business

Spain's Aragon, Europe's new cloud storage oasis

The world's biggest technology firms are investing billions in cloud storage facilities in the northeastern Spanish region of Aragon, drawn to its abundance of renewable energy sources.

Business

Southwest Airlines unveils electric air taxi venture

US carrier Southwest Airlines plans to jointly develop a fleet of electric air taxis to serve the California market with transportation startup Archer Aviation, the companies announced Friday.