Tech
Alibaba to buy Cainiao stake for $3.75bn, abandoning IPO plan
Alibaba Group said on Tuesday it was offering to buy the 36 per cent of Cainiao it does not already own for $3.75 billion, abandoning
Musk’s X Corp loses lawsuit against watchdog for hate speech
A US judge on Monday dismissed Elon Musk’s lawsuit against a non-profit group that accused him of allowing hate speech to grow on his social
SK Hynix plans to invest $4bn in Indiana
South Korean chip maker SK Hynix, a Nvidia supplier plans to invest about $4 billion to build a state-of-the-art chip packaging plant in West Lafayette,
Consumers are suing Apple, taking the U.S. Department of Justice’s lawsuit to heart
Apple has been hit by a barrage of new lawsuits from consumers accusing the iPhone maker of monopolising the smartphone market, in addition to a
Apple Vision Pro will be available in mainland China later this year
Apple Vision Pro will enter the mainland Chinese market this year, Apple CEO Tim Cook said on Sunday, according to state media. Cook revealed the
Binance will stop supporting USDC stablecoin on the Tron blockchain network
Cryptocurrency exchange Binance said on Monday it will stop supporting deposits and withdrawals via the Tron blockchain network for the digital stablecoin pegged to the
Spanish court suspends Telegram blocking order
Spain’s High Court of Justice suspended its own order to block the services of messaging app Telegram in the country pending a police report on
Mercedes Benz will recall 116,020 vehicles
Mercedes Benz will recall 116,020 vehicles due to an improperly attached 48-volt ground wire, the U.S. National Highway Traffic Safety Administration said Wednesday.
The French competition watchdog has fined Google 250 million euros
France’s competition watchdog said on Wednesday it had fined Google, owned by Alphabet 250 million euros for breaches related to EU intellectual property rules in
Intel prepares for $100 billion in spending in four US states
Intel plans to spend $100 billion in four US states to build and expand factories after receiving $19.5 billion in federal grants and loans –