Business

Softbank-funded hotel firm Oyo lays off 10% of India staff

Indian hotel giant Oyo said Tuesday it is cutting 1,000 employees, or 10 percent of its local staff, as it battles multiple allegations including bribery and pressure from Japanese backer SoftBank to cut costs.

Security

Twitter Android app milked for matching phone numbers, accounts

Ibrahim Balic has become a name Twitter will certainly remember. The researcher discovered a flaw in a Twitter Android app that resulted in the sorry gift of matching 17 million phone numbers, when he uploaded them, with ...

Business

New Boeing CEO is corporate veteran who will be tested

Throughout a storied career in corporate America, David Calhoun has risen through the ranks at General Electric, taken Nielsen Holdings public and helped manage private equity giant Blackstone.

Energy & Green Tech

Government proposes release of Fukushima water to sea or air

Japan's economy and industry ministry proposed on Monday the gradual release or evaporation of massive amounts of treated but still radioactive water being stored at the tsunami-wrecked Fukushima nuclear plant.

Business

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, prompting alarm in and out of the country.

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