Tech
The Russian government approved Yandex NV’s deal to sell Russian assets
A subcommittee of Russia’s government commission for controlling foreign investment has approved a series of deals for Russian investors to buy 96.3 per cent of
Apple fined $2 billion in Spotify case
Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for hindering competition from rival music streaming services through restrictions in the App Store. It
China boosts quantum computing and AI efforts
China will formulate plans to develop emerging industries, including quantum computing. It will also step up efforts in big data and artificial intelligence (AI), launch
Binance to stop providing services in Nigerian naira
Binance will stop transacting and trading in Nigeria’s local currency from 8 March amid a nationwide crackdown on cryptocurrency exchanges, which authorities blame for fuelling
Japan’s Socionext and Dicso will be added to the Nikkei index
Japanese chip Socionext and Disco will be added to the Nikkei stock average next month in another reshuffle of the benchmark index, the stock index
Bitcoin surpasses $65,000, record high becomes visible
Bitcoin surged to a two-year high on Monday, breaking the $65,000 mark, as a money wave brought it close to record levels. The price hit
Santander cuts 320 U.S. jobs due to digital transformation
Spanish bank Santander has cut around 320 jobs in the US as it seeks to focus more on digital operations, a source familiar with the
Elon Musk sues OpenAI for abandoning original mission
Elon Musk is suing OpenAI and its CEO, Sam Altman, alleging they abandoned the original mission to develop artificial intelligence for the benefit of humanity
Li Auto relies on its first all-electric model
Li Auto officially unveiled its first pure electric model, the MEGA multi-purpose vehicle, which founder and CEO Li Xiang hopes will become the Chinese electric
Cohere opens New York office to expand
Canadian artificial intelligence startup Cohere is opening an office in New York City. The company, which develops grassroots models and focuses on serving enterprise customers,