Telecom

Canada telecom execs summoned after wide service outage

The federal industry minister said Sunday he is summoning telecom executives following an outage at Rogers Communications Inc. that disrupted mobile and Internet services across Canada, hampering several crucial services.

Business

China's Xi calls for stronger fintech oversight, security

A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown.

Business

Google parent suffers 1Q growth slowdown, profit decline

Google's corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.

Business

Iconic corporate names breaking up in trend to boost value

Three multinational giants—General Electric, Johnson & Johnson and Toshiba—this week announced plans to split into multiple companies, joining a trend the firms hope will provide more growth opportunities.

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