Business

Qualtrics goes public 2 years after being bought by SAP

Business software provider Qualtrics went public Thursday two years after German giant SAP bought the company for $8 billion, marking the latest achievement for the company that has become one of the crown jewels of a technology ...

Business

Nokia 3Q profit beats expectations despite chip shortage

Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage ...

Automotive

Daimler to spin off trucks, change name to Mercedes-Benz

German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment ...

Business

German antitrust watchdog opens probe into PayPal

Germany's antitrust watchdog said Monday it had launched an investigation into PayPal to examine whether the US online payment giant was using its dominance to restrict competition.

Business

Bill giving protections to Uber drivers, others moves ahead

California lawmakers sent the governor a bill Wednesday that would give new wage and benefit protections to workers at so-called gig economy companies such as Uber and Lyft where people pick up jobs on their own schedule.

Business

Airbnb says it will go public in 2020

Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the accommodation sector.

Business

Profits up at Indian IT giant TCS on overseas growth

Profits for Indian software giant TCS were up 8.7 percent on-year in the September quarter thanks to robust growth in emerging markets and client loyalty, the company announced Wednesday.

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