Internet
Amazon will have two Prime shopping events this year, second one coming in Q4
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon plans to hold a second shopping event for Prime members this year, in the fourth quarter, according to a notice viewed by CNBC. It will be the first […]
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Tencent stock falls as Prosus/Naspers to sell shares to fund buybacks
Technology investor Prosus NV will tap its huge stake in China’s Tencent to fund a stock buyback in itself and parent Naspers, the Dutch firm said on Monday, knocking shares in the Chinese tech giant. The move is aimed at closing a gap between the market value of Prosus/Naspers and that of the 28.9% stake in Tencent they own, […]
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CEO of $4.8 billion fintech Wise faces investigation over tax breach
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images The CEO of £3.9 billion ($4.8 billion) fintech firm Wise is being investigated by U.K. regulators after tax authorities found he failed to pay a tax bill worth over £720,000. Kristo Kaarmann, who co-founded Wise in 2011, was recently fined £365,651 […]
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Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs
A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part […]
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Google memo on end of Roe v. Wade says employees may apply to relocate ‘without justification’
Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade, explaining employees in affected […]
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$100 million worth of crypto has been stolen in another major hack
So-called blockchain bridges have become a prime target for hackers seeking to exploit vulnerabilities in the world of decentralized finance. Jakub Porzycki | NurPhoto | Getty Images Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist in the world of decentralized finance. Details of the attack […]
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TikTok-owner ByteDance’s aggressive mobile gaming push is paying off as player spending grows
ByteDance has been investing in its mobile gaming business through key acquisitions and is finding success outside of China. Omar Marques | Sopa Images | Lightrocket | Getty Images Chinese internet giant ByteDance’s nascent foray into gaming is showing signs of promise with spending across its mobile titles growing over the past year as it […]
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Chinese influencers must now have a qualification to talk about certain topics like law and medicine
Chinese regulators have been looking to clean up the country’s popular livestreaming industry. This includes rules around what online influencers can and can’t say and the topics that are off limits. Costfoto | Future Publishing | Getty Images Online influencers in China must now have a qualification to talk about certain topics such as law […]
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Southeast Asia’s start-ups have fired hundreds of workers, and this may be just the beginning
Southeast Asia’s tech companies are laying off workers as they brace themselves for a tougher fundraising environment. Guilliermo Perales Gonzalez | E+ | Getty Images Hundreds of workers from start-ups in Southeast Asia have been fired in the last few months, proving that the fast-growing industry is not immune to the global economic slowdown. At […]
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Amazon demonstrates Alexa mimicking the voice of a deceased relative
Amazon is devising a way for users to speak to their family members through its Alexa voice assistant, even after they’ve died. At Amazon’s Re:Mars conference in Las Vegas on Wednesday, Rohit Prasad, senior vice president and head scientist for the Alexa team, detailed a feature that allows the voice assistant to replicate a specific […]
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