Tech
Vietnam’s planned law will hamper data centres and social networks
US technology companies have warned the Vietnamese government that a bill to tighten data protection rules and restrict data transfers abroad will prevent social media
French families sue TikTok over alleged failure to remove malicious content
Seven French families have filed a lawsuit against social media giant TikTok, accusing the platform of providing their teenage children with malicious content, resulting in
Siemens may make more acquisitions after Altair deal
Siemens has the financial strength for further software acquisitions following its $10.6bn purchase of US industrial software company Altair said board member Cedric Neuke.
Apple to invest up to $1.5bn in Globalstar
Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone-based communications services, the satellite provider said in a regulatory
Nvidia will take Intel’s place in the Dow Jones Industrial Average index
Intel is set to be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after 25 years, highlighting a shift in the chip-making
Meta says Malaysian social media licensing plan lacks clarity
A Meta Platforms official criticised Malaysia’s plan to require social media platforms to apply for a regulatory licence by January, saying the proposal lacked clear
AMD shares fall as forecast disappoints AI-focused investors
Advanced Micro Devices shares fell 8% after the chip maker’s revenue forecast failed to impress investors expecting bigger gains from the AI boom. AMD could
Google’s success in the cloud, driven by artificial intelligence, bodes well for Amazon and Microsoft
Alphabet, Google’s parent company Google’s breakthrough sales of cloud services in the July-September quarter bode well for leading cloud providers Microsoft and Amazon.com and signal
PayPal forecasts fourth-quarter revenue below estimates
PayPal forecast fourth-quarter revenue below estimates as the digital payments company shifts its focus from aggressive expansion to higher-margin businesses, sending its shares down 6.6
Google among investors who invested $110 million in Nigeria’s Moniepoint
Nigerian fintech company Moniepoint has raised $110 million in new funding from investors including Google to scale digital payments and banking solutions across Africa, the