Business

US lawmakers probe whether Amazon misled Congress

Pointing to recent news reports on how Amazon advantages its own products over third-party items, a bipartisan group of lawmakers on Monday questioned whether the tech giant had committed perjury.

Business

Amazon aims to hire 150,000 holiday season workers

Amazon announced plans Monday to recruit 150,000 seasonal workers for the end of year holidays, as the online retail giant aims to navigate global supply chain disruptions and a tight hiring market.

Business

Apple supplier Foxconn unveils electric vehicles

Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.

Philips takes fresh hit from safety recall

Dutch electronics firm Philips said on Monday that sales had taken a fresh hit from a recall of faulty sleep and respiratory care equipment and from supply chain issues.

Business

Facebook eyes 10,000 EU jobs to build 'metaverse'

Facebook on Monday announced plans to hire 10,000 people in the European Union to build the "metaverse", a virtual reality version of the internet that the tech giant sees as the future.

Business

'Unintentional gift': US steps into China's bitcoin breach

The long sheds at North America's largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the United States to become the new global hub for the digital currency.