Tech
Funding for European tech startups will fall to $45bn in 2023
Total capital invested in European tech startups is forecast to fall to $45 billion this year, down 55 per cent from 2021, when investment volumes
U.S. federal judge rules against Meta in privacy fight with FTC
Meta Platforms, which owns WhatsApp, Instagram and Facebook, lost its latest privacy litigation on Monday after a federal judge ruled that a US regulator can
Foxconn to invest $1.5bn to expand operations in India
Taiwan’s Foxconn will invest $1.5 billion in India as part of its latest expansion plan, the world’s largest contract electronics maker said on Monday. The
China’s Realme has reached the milestone of 200 million shipments
Chinese smartphone maker Realme said it has sold more than 200 million phones since its founding just over five years ago, most outside China. The
X could lose up to $75m by the end of the year due to advertiser churn
Social media company X could lose up to $75 million in ad revenue by the end of the year as dozens of major brands suspend
Amazon reaches agreement with Spanish workers over Cyber Monday strike
Amazon reached an agreement with most of its workers in Spain, avoiding the full impact of a planned one-hour per shift strike on one of
India warns Facebook and YouTube to enforce rules to prevent deepfakes
The Indian government warned social networking companies, including Facebook and YouTube, to repeatedly remind users that local law prohibits them from posting deepfakes and content
Binance CEO Teng gears up for a battle in the post-Zhao era
Binance’s new chief executive, Richard Teng, faces daunting challenges in setting a new course for the world’s largest cryptocurrency exchange. Some of the problems he
Nvidia delays launch of new AI chip
Nvidia has reportedly told its Chinese customers that it is delaying until the first quarter of next year the launch of a new artificial intelligence
GM’s Cruise is planning a small relaunch of unmanned robot taxis
General Motors’ Cruise Robotaxi division plans to resume operations in one unspecified city and then expand to others, just weeks after California banned its unmanned