A major chunk of the recovery in companies' earnings expected in the first quarter is at risk of being pushed back further as lockdowns and mobility restrictions in several countries cloud hopes of a swifter economic recovery, investment banks said.
Alphabet Inc's Google will pause political ads on all of its platforms starting Jan. 14, following last week's violence at the U.S. Capitol, according to an email seen by Reuters.
File hosting service provider Dropbox Inc said on Wednesday it will layoff 11per cent of its global workforce to streamline in line with its business priorities.
Chipmaker Intel Corp said on Wednesday it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger next month.
File hosting service provider Dropbox Inc said on Wednesday it will layoff 11per cent of its global workforce to streamline in line with its business priorities.
Amazon.com on Wednesday launched a lower-priced mobile-only subscription plan for its video streaming service in India, undercutting a similar plan by Netflix Inc to woo price-sensitive subscribers.
European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.
Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for US$1.4 billion, with plans to put the firm's technology into its smartphone, laptop and automotive processors.
Ireland has agreed to proceed with a 2013 complaint challenging Facebook's transatlantic data flows, Austrian privacy activist Max Schrems said on Wednesday, announcing he had therefore dropped legal action against Ireland's Data Protection Commission.
Sales of electric vehicles in China rose 10 percent last year, data showed Wednesday, amid a post-pandemic economic recovery and a push to establish the world's largest auto market as a leader for green technology.
