JAKARTA: Indonesia plans to build one of its largest industrial parks on the north coast of Java island in a renewed drive to attract manufacturers relocating out of China as Southeast Asia's biggest economy comes out of a coronavirus-induced lockdown. Yet, despite its low wages and huge domestic ......
ByteDance, parent company of the short video app TikTok, has more than tripled its U.S. employees in the past 12 months, the company said in response to a Reuters inquiry.
Microsoft Corp will not sell its facial-recognition technology to police departments until there is a federal law regulating the tech, the Washington Post reported on Thursday, citing the software maker's president, Brad Smith.
China accused the United States on Thursday of undermining the global tech industry's supply chains with a renewed executive order barring U.S. companies from using telecoms equipment made by firms deemed to pose a national security risk.
Sony Corp on Friday unveiled more than two dozen titles for its upcoming PlayStation 5 console, including a sequel to its hit "Spider-Man" title and the latest "Gran Turismo" racer, as it builds anticipation ahead of the planned year-end launch.
WASHINGTON: Zoom Video Communications said on Thursday (Jun 11) that it suspended user accounts and ended meetings linked to the anniversary of China's Tiananmen Square crackdown on its platform after the Chinese government demanded it do so. Zoom, which has seen its global popularity as a video ...
SINGAPORE: The owner of spa chain Healing Touch is anxious about reopening his business when Singapore enters Phase 2 of its recovery journey after COVID-19 "circuit breaker" restrictions. On one hand, Mr Joshua Lung, who also owns Aesteem Aesthetic Clinic, is looking forward to receiving ...
Oil prices slid early on Friday, extending heavy overnight losses on a surge in U.S. coronavirus cases this week that has raised the prospect of a second wave of the outbreak slamming demand in the world's biggest consumer of crude and fuel.
A stock market that shook off the coronavirus pandemic, economic devastation and sky-high equity valuations was reminded of all three on Thursday, as Wall Street took its biggest dive in three months.
NEW YORK: Wall Street stocks tumbled on Thursday (Jun 11) as revived worries about the coronavirus and about excessive equity prices produced the worst session since March, when the turmoil over COVID-19 was at its peak. The Dow Jones Industrial Average plummeted 1,861.82 points (6.90 per cent) to ...
