Italian luxury group Prada sees revenues rising to 5 billion euros (US$6.05 billion) in 4-5 years and plans to invest 100 million euros per year in production sites and shops in coming years, its CEO said on Thursday.
iQiyi, China's answer to Netflix, will offer free movies and television shows in some areas over the Lunar New Year holiday, after Beijing urged platforms to drop their paywalls with many people stuck at home to help combat the pandemic.
Alphabet Inc's Google has vowed to withdraw its main search engine from Australia, while Facebook Inc says it will block news sharing if the government proceeds with a law to make them pay domestic media outlets for content they feature.
SINGAPORE: Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam will co-chair a newly formed Group of Twenty (G20) panel on financing for pandemic preparedness and response. G20 members agreed to establish the "high-level independent panel" on Tuesday (Jan 26) ...
An Australian regulator is considering letting internet users choose what personal data companies like Google share with advertisers, as part of the country's attempts to shatter the dominance of tech titans.
The U.S. economy likely contracted at its sharpest pace since World War Two in 2020 as COVID-19 ravaged services businesses like restaurants and airlines, throwing millions of Americans out of work and into poverty.
Apple Inc said on Thursday that new privacy pop-up notifications will start appearing on most iPhones as soon as "early spring," a requirement that major digital advertising firms such as Facebook Inc have warned will harm their businesses.
SINGAPORE: COVID-19 vaccines are being rolled out to workers in the hotel industry, which Minister of State for Trade and Industry Alvin Tan has described as a "critical pillar" of Singapore's economy. Speaking to reporters on Thursday (Jan 28), Mr Tan said that as of Jan 25, about 3,000...
Samsung Electronics Co Ltd on Thursday forecast solid demand for its chips this quarter and stronger mobile sales after bringing forward the launch of its flagship Galaxy S smartphone, along with a likely pick-up in M&A activity.
The Biden administration will work to safeguard American telecoms networks from "untrusted vendors" like Huawei Technologies Co Ltd that threaten national security, the White House said on Wednesday, offering some insight into its plans for China's top telecoms equipment company, long in ...
