Breaking News: Technology
China hits Alibaba affiliate Ant Group with $985 million wonderful for violating several regulations
Essential Points China’s central lender hit Alibaba affiliate Ant Team with a 7.12 billion yuan fantastic ($985 million) on Friday. Chinese regulators compelled Ant Team to restructure its business enterprise just after cancelling its blockbuster initial general public giving in 2020. Current signals emerged that Ant has been on the ideal side of regulators. In […]
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Samsung estimates revenue plunged 96% in the second quarter
A man walks past the Samsung brand exhibited on a glass doorway at the company’s Seocho making in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung Electronics said it expects a 96% profit plunge in the next quarter of 2023 as weak desire for memory chips persists. The world’s major […]
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Zoom is ‘extremely optimistic’ about advancement in Asia-Pacific inspite of weaker outlook
Zoom is “doubling down” on its technological investments in the Asia-Pacific area as it seeks to strengthen development, claimed the video clip communications firm on Friday. You can find “loads of action occurring in Asia, across all of APAC. We produced a robust determination about two decades back to definitely transform on the velocity and […]
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Potential Taiwan conflict will strike these 3 countries the most difficult, EIU report claims
Taiwanese tanks and armored motor vehicles are deployed for the duration of a 2-working day live-fire drill in September, amid intensifying threats from China. Taipei has been getting a lot more arms revenue and weapons from the US, while fostering its ties with international locations like Japan, the Uk, Canada and India, as Beijing vows […]
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Southeast Asia’s IPO sector is an trader favored amid global headwinds, Deloitte states
Obtain ASEAN Southeast Asia’s IPO industry is an investor most loved amid worldwide headwinds, Deloitte states Released Thu, Jul 6 20237:24 PM EDT Sheila Chiang Watch Live Supply
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Microsoft CFO Amy Hood warned workforce not to ‘build a gold toilet’
From remaining, Tim Stuart, main fiscal officer of Xbox at Microsoft Phil Spencer, Microsoft’s CEO of gaming and Microsoft finance main Amy Hood arrive to court in San Francisco on June 29, 2023. David Paul Morris | Bloomberg | Getty Illustrations or photos Microsoft’s finance main advised employees not to “establish a gold rest room” […]
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Nikola falls short of winning shareholder support to issue new stock – but a new law may help
Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola is still short of winning shareholder approval to issue new stock and has once again adjourned its annual meeting to try to win more support, the company said on Thursday. Nikola had adjourned its June 6 annual meeting until Thursday to try to drum up more […]
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