Business

Uber loses $2.9 billion, offloads bike and scooter business

Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.

Business

Why China is hobbling its tech sector

Scuttled listings and share prices hammered by official threats: Beijing has launched a withering and very public assault on some of China's biggest tech names.

Internet

Engineers set new world record internet speed

The world's fastest data transmission rate has been achieved by a team of University College London engineers who achieved internet transmission speed a fifth faster than the previous record.

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