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Facebook’s chief revenue officer to leave later this year

Facebook Chief Revenue Officer David Fischer said Tuesday he will leave the social media company toward the end of this year, in a post on his verified Facebook profile.

Markets

SpaceX starship SN11 rocket fails to land safely after test launch in Texas, investigation underway: SpaceX

A SpaceX Starship prototype rocket failed to land safely on Tuesday after a test launch from Boca Chica, Texas, and engineers were investigating, Spacex said.

Markets

Credit Suisse in firing line after Archegos losses

ZURICH/NEW YORK :Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts and investors warning dividend and share buyback plans may need to go on hold.

Markets

Aurora, Volvo are latest partners on self-driving heavy trucks

Global heavy truck manufacturers are lining up technology partners to help build out self-driving systems for long-haul freight that could see widespread commercial service well before self-driving robotaxis.

Markets

Apple to host developers event online again as COVID-19 cases surge

Apple Inc said on Tuesday it would host its annual developers' conference in an online-only format for the second year in a row, from June 7 to June 11, as COVID-19 cases rise in the United States.

Markets

Spotify buys Locker Room app’s maker Betty Labs in live audio push

Spotify Inc said on Tuesday it has purchased Betty Labs, the company behind sports-focused social audio app Locker Room, to accelerate its move into live audio.

Markets

SPH undergoing strategic review ‘to consider options for its various businesses’

SINGAPORE: Singapore Press Holdings (SPH) announced on Tuesday (Mar 30) it is undergoing a strategic review "to consider options for its various businesses", as it posted a 26 per cent growth in first-half net profit. "While SPH’s media business continues to face a challenging operating ...

Markets

Microsoft targets 50,000 jobs with LinkedIn ‘re-skilling’ effort

Microsoft Corp said on Tuesday that it aims to place 50,000 people in jobs that require technology skills as part of a broader push being undertaken with its professional networking website LinkedIn to help workers affected by the coronavirus pandemic move into new fields.

Markets

VW confirms it will rebrand its US unit as ‘Voltswagen’

German automaker Volkswagen AG's U.S. unit confirmed Tuesday it will rename its U.S. operations as "Voltswagen of America" as it shifts its focus to electric vehicles.

Markets

Aviation startup Lilium to float in US via US$3.3 billion SPAC deal

BERLIN :German air shuttle startup Lilium said on Tuesday it would float on the U.S. stock market via a reverse merger with Qell Acquisition Corp, a blank-cheque acquisition company, in a deal valuing the combined business at US$3.3 billion.

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