Business
The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.
Nov 19, 2020
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Business
The parent company of social media platform Snapchat said Wednesday that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining ad sales.
Aug 31, 2022
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Business
Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global.
Dec 21, 2023
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Business
The Asian ride-hailing firm Grab said Tuesday that it plans a US listing in partnership with Altimeter Growth Corporation in an operation that values Grab at $39.6 billion (33.3 billion euros).
Apr 13, 2021
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Business
Elon Musk's decision to pull Twitter off the stock market allows him to make major changes quickly, but it also takes the company more heavily into debt, a risky choice for a money-losing business.
Nov 6, 2022
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Indian IT giant Infosys raised its revenue guidance for the current financial year on Thursday after the outsourcing behemoth beat quarterly earnings forecasts on sustained demand for its digital services.
Jan 12, 2023
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Business
Companies including internet giants Alibaba and Tencent were fined Wednesday by anti-monopoly regulators in a new move to tighten control over their fast-developing industries.
Jul 7, 2021
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Business
Apple shares fell sharply for a second straight session Thursday following reports of significant Chinese restrictions on iPhones at government offices and state-backed entities.
Sep 7, 2023
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Business
The world's biggest smartphone maker, Samsung Electronics, said Wednesday that net profits in the first quarter were only slightly impacted by the coronavirus pandemic but warned of further falls to come as demand is "significantly" ...
Apr 29, 2020
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Business
A Netflix shareholder is seeking class action status for a lawsuit accusing the streaming television titan of not making it clear that subscriber numbers were in peril.
May 4, 2022
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