Business

German car sales plunge in April as virus hits key industry

Some 61 percent fewer new cars were registered on German roads in April 2020 than a year ago, official data showed Wednesday, as Europe's automobile powerhouse matched its neighbours' plunging sales for the industry.

Security

Americans must prepare for cyber warfare

On March 21, President Biden issued an urgent warning to American business leaders to strengthen their companies' cyber defenses immediately. In recent weeks, experts have been surprised by the lack of full-scale cyberattacks ...

Security

EU unveils revamp of cybersecurity rules days after hack

The European Union unveiled Wednesday plans to revamp the 27-nation bloc's dated cybersecurity rules, just days after data on a new coronavirus vaccine was unlawfully accessed in a hack attack on the European Medicines Agency.

Business

Square unveils deal for Jay-Z's Tidal music platform

Digital payments firm Square said Thursday it was buying a controlling stake in the streaming music platform Tidal from a group led by rap star Jay-Z for $297 million in cash and stock.

Business

Alibaba's Jack Ma turns up in Japan as college professor

Jack Ma, a cofounder of Chinese e-commerce giant Alibaba Group, will be a visiting professor at Tokyo College, a research institute run by the prestigious University of Tokyo, the university said Monday.

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