Business

SoftBank reports record loss as tech shares tank

Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year that saw its assets hit by a US tech share rout and a regulatory crackdown in China.

Hi Tech & Innovation

UK hosts 'world's first' hub for drones, future flying taxis

A pop-up urban port for delivery drones—and one day, potentially flying taxis—launched Monday in Britain, lifting a box of prosecco for a brief celebratory test flight hailed as groundbreaking.

Business

Laos hopes for economic boost from Chinese-built railway

A new $6 billion Chinese-built railway line opens in Laos this week, bringing hopes of an economic boost to the reclusive nation, but experts are questioning the benefits of a project that has seen thousands of farmers evicted ...

Other

Japan opens Digital Agency to boost government technology

Japan looked to give a technological upgrade to government services and recordkeeping with the Digital Agency opened Wednesday to overhaul antiquated systems that have had their shortfalls highlighted by the pandemic.

Security

Tech companies pledge billions in cybersecurity investments

Some of the country's leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses and to train skilled workers, the White House announced Wednesday following President ...

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