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Intuit’s Alex Chriss named new PayPal CEO
14/08/2023

Intuit’s Alex Chriss named new PayPal CEO

Intuit's Alex Chriss named new Paypal CEO

Tesla shares drop after company announces China price cuts
14/08/2023

Tesla shares drop after company announces China price cuts

Tesla shares fell after the company announced a fresh round of price cuts for the Model Y in mainland China.

Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut
07/08/2023

Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut

Shares of Chinese chipmaker Hua Hong jumped 13% at the open during its debut on Shanghai Stock Exchange's Nasdaq-style Star Market on Monday.

How U.S. microchips are fueling Russia’s military — despite sanctions
07/08/2023

How U.S. microchips are fueling Russia’s military — despite sanctions

Moscow is sourcing a growing number of advanced microchips from the West through intermediary countries such as China, analysis by CNBC shows.

Automakers promote advanced tech to compete in China — the world’s top EV market
04/08/2023

Automakers promote advanced tech to compete in China — the world’s top EV market

China is the world's largest EV market with 5.9 million units sold in 2022, capturing 59% of EVs sold globally, according to Canalys.

Huawei plots China smartphone revival with mobile operating system upgrade
04/08/2023

Huawei plots China smartphone revival with mobile operating system upgrade

Huawei launched its upgraded mobile operating system and an enhanced AI assistant on Friday.

Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls
03/08/2023

Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls

Food delivery apps Grab and Foodpanda are offering dine-in features as consumers resume their normal daily routines and go out and dine in more frequently.

Super Mario movie and Zelda game breathe fresh life into Switch as Nintendo posts a 52% profit surge
03/08/2023

Super Mario movie and Zelda game breathe fresh life into Switch as Nintendo posts a 52% profit surge

Nintendo's June quarter revenue was boosted by the success of the "Super Mario Bros. Movie" and the the popularity of its latest Zelda game for the Switch.

Google reshuffles Assistant unit, lays off some staffers, to ‘supercharge’ products with A.I.
02/08/2023

Google reshuffles Assistant unit, lays off some staffers, to ‘supercharge’ products with A.I.

Google is making additional big changes in its Assistant group, prioritizing new advancements in artificial intelligence.

Amazon employees leak secret info that marketplace sellers can buy on Telegram
02/08/2023

Amazon employees leak secret info that marketplace sellers can buy on Telegram

Third-party merchants who have been suspended by Amazon can pay for confidential data to potentially help them get their accounts back up and running.

Crypto companies are playing poker with the SEC as agency cracks down on the industry
15/05/2023

Crypto companies are playing poker with the SEC as agency cracks down on the industry

Firms like Coinbase and Ripple are playing a game of poker with the SEC, testing the limits of their lobbying power in the hope they can get it to back down.

Fanatics to buy PointsBet’s U.S. assets for about $150 million
15/05/2023

Fanatics to buy PointsBet’s U.S. assets for about $150 million

Fanatics agrees to acquires sports betting company PointsBet's U.S. assets for $150 million.

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