REUTERS: Cloud services firm Rackspace Technology Inc sold shares in its initial public offering (IPO) on Tuesday at US$21 per share, the bottom end of its target range, to raise US$703.5 million, the company said. The IPO valued San Antonio, Texas-based Rackspace, which is owned by private equity ......
A 17-year-old Florida boy accused of masterminding the hacking of celebrity accounts on Twitter Inc , including those of Democratic presidential candidate Joe Biden and Tesla Chief Executive Elon Musk, pled not guilty to charges on Tuesday.
Chinese healthcare services firm Alibaba Health Information Technology has raised nearly US$1.3 billion in Hong Kong's largest follow-on share sale in five years, according a statement from the company on Wednesday.
Pandemic-struck airline Virgin Australia announced Wednesday it would close budget subsidiary Tigerair Australia and lay off 3,000 staff as it prepares to relaunch under new owners.
Australian Prime Minister Scott Morrison said Tuesday there was no evidence that Chinese-owned TikTok had abused the data of its hundreds of millions of users.
Self-driving truck entrepreneur Anthony Levandowski on Tuesday received an 18-month prison sentence in the highest-profile trade secrets theft case in Silicon Valley in recent years.
Asia shares were set to open lower on Wednesday, following a choppy trading session on Wall Street and losses in Europe.
WASHINGTON: President Donald Trump's unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDance's short-video app TikTok is based on an interpretation of U.S law that regulatory lawyers say may be open to challenges. The Committee ...
The coronavirus pandemic is deepening the pain for Japan's regional lenders, heightening concerns that a potential wave of business closures will test policymakers' ability to avert a damaging banking-sector crisis.
A U.S. judge on Tuesday sentenced former Google engineer Anthony Levandowski to 18 months in prison for stealing a trade secret from Google related to self-driving cars months before becoming the head of Uber Technologies Inc's rival unit.
