Amazon cloud division head unexpectedly steps down
The head of Amazon's AWS cloud computing business, Adam Selipsky, who was helping lead the company's expansion into AI, told workers he was stepping down Tuesday.
May 14, 2024
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Research sheds light on the web of trust, privacy and safety factors shaping users' experiences on Facebook Marketplace
Love it or hate it, Facebook Marketplace is the largest online resale site today with more than one billion monthly users. A new study conducted by UBC researchers sheds light on the intricate web of trust, privacy and safety ...
May 14, 2024
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Business
Scrapping the waste export levy could threaten Australia's emerging lithium battery recycling industry
As electric vehicle (EV) demand accelerates, so does the need for lithium batteries. But these batteries contain valuable critical minerals, as well as toxic materials, so they should not be treated as common waste.
May 14, 2024
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Business
'Green grabbing' of Brazilian public and common lands a threat, says study
The privatization of land for renewable energy infrastructure in Brazil is leading to the appropriation of once-public and common lands by large international corporations because of poor oversight and lack of transparency, ...
May 14, 2024
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Business
China tech giant Alibaba posts modest yearly revenue growth
Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.
May 14, 2024
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Business
Sony names two executives to lead PlayStation
Sony on Monday said two veteran executives will take over as CEOs of its powerhouse gaming unit, taking the reins from Jim Ryan who retired in March.
May 14, 2024
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Business
Sony net profit dips on-year as PlayStation sales fall
Sony on Tuesday warned of falling profits this year as PlayStation 5 unit sales decline, after reporting a dip in annual earnings while also staying mum on a reported bid for Paramount.
May 14, 2024
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Business
Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million.
May 14, 2024
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Business
Foxconn reports sharp rise in first-quarter net profit
Taiwanese tech giant Foxconn on Tuesday reported a 72 percent jump in net profit during the first three months of 2024 as demand for artificial intelligence technology grows.
May 14, 2024
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Business
Dutch fine Fortnite maker for 'pressuring' kids with ads
Dutch authorities slapped a 1.1-million-euro fine on Fortnite maker Epic Games on Tuesday, judging that vulnerable children were exploited and pressured into making purchases in the game's Item Shop.
May 14, 2024
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