The statement came a day after China-based ByteDance filed a petition with the U.S. Court of Appeals in Washington challenging a Trump administration order set to take effect on Thursday requiring it to divest TikTok.
Microsoft Corp, Oracle Corp and other companies that have provided information to the government for its antitrust lawsuit against Alphabet's Google requested more time on Wednesday to propose a protective order for their confidential data.
The new regulations force fintech firms like Ant to take on more risk and set aside more capital like the bigger banks do, says National University of Singapore’s Qian Jiwei.
SINGAPORE: Among the hotly debated issues in Malaysia's proposed budget for 2021 is an allocation of RM85.5 million (US$20.7 million) to revive the government's public relations arm - the Special Affairs Department (JASA). The department, which is under the Ministry of Communications and ...
The world's public development banks on Wednesday pledged to align their financial firepower with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing.
Alphabet Inc's Google will start limiting how many high-quality photos users can store on the company's cloud back-up service starting next June, it announced on Wednesday, in a move that could help protect profit margins.
President-elect Joe Biden is likely to start his term faced with the worst public health crisis in decades and an economy still reeling from a sharp coronavirus-led contraction earlier this year.
China's Alibaba said on Wednesday orders on its e-commerce platforms during the Singles' Day shopping extravaganza hit a record 498.2 billion yuan (US$75.1 billion).
German airline Lufthansa has reached a new deal with trade union Verdi to cut 200 million euros in costs in return for making no compulsory redundancies up until March 2022, the trade union said on Wednesday.
A U.S. official said on Wednesday that Chinese surveillance of the world through 5G technology was like Big Brother in George Orwell's novel 1984, as he urged Brazilian companies not to buy equipment from China's Huawei Technologies Co Ltd.
