The proposal envisages Oracle becoming a "trusted" technology partner, while a source familiar with the situation said ByteDance is to hold majority ownership of TikTok.
Delays to General Motors' sale of its Indian plant to Great Wall Motor due to tensions between India and China are likely to result in hefty unplanned costs for the U.S. automaker, people familiar with the matter said.
China's ByteDance faces an uphill struggle to convince the White House to allow it to keep majority ownership of its popular short video app TikTok in the United States, according to former national security officials and regulatory lawyers.
LONDON: Nearly two thirds of people in leading Western European countries would consider augmenting the human body with technology to improve their lives, mostly to improve health, according to research commissioned by Kaspersky. As humanity journeys further into a technological revolution that ...
Chinese online short video start-up Kuaishou aims to raise up to US$5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter told Reuters, for the city's latest multibillion-dollar tech float.
Chinese consumers are rushing to buy smartphones from Huawei Technologies Co Ltd featuring its high-end Kirin chips, fearing curbs on the firm's access to U.S. technology will soon cut off production of its premium handsets.
The Bank of Japan kept monetary policy steady on Thursday and slightly upgraded it view on the economy, suggesting that no immediate expansion of stimulus was needed to combat the coronavirus pandemic.
ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, is nearing a deal to go public through a reverse merger with Switchback Energy Acquisition Corp, people familiar with the matter said on Wednesday.
Chemicals giant Bayer and the U.S. government cooperated closely last year to lobby Thailand to reverse its ban on glyphosate, used in the company's controversial weedkiller Roundup, documents obtained by an environmental group and reviewed by Reuters show.
Australia's unemployment rate fell slightly to 6.8 percent in August, spurring hopes that the worst of a coronavirus-fuelled recession may have passed.
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