A U.S. Court of Appeals on Wednesday said it will not reconsider its decision in January to uphold California’s net neutrality law. A three-judge panel of the 9th U.S. Circuit Court of Appeals in January ruled 3-0 that a 2017 decision by the Federal Communications Commission (FCC) to reverse federal internet protections could not bar […]
Reuters
Workers at an Apple Inc store in Atlanta on Wednesday filed a petition to hold a union election, seeking to become the company’s first U.S. store to unionize amid a wave of labor activity at other major firms. The effort at the Apple store in Cumberland Mall is backed by the Communications Workers of America, […]
Alphabet Inc’s Google is investing in its first ever Africa product development centre in the Kenyan capital Nairobi, it said, as it positions itself to serve a growing base of internet users on the continent. By the end of this decade, the continent will host 800 million internet users, the California-based firm said, and a […]
Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif Gorts as saying. “Yes, I can confirm that, but I can not go into more detail about what it concerns as it has just begun,” Gorts […]
Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning deliveries would be postponed until next month. China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to […]
Taiwanese electric scooter maker Gogoro Inc has all the chips it needs for now, founder and Chief Executive Horace Luke said on Tuesday, but could face a squeeze by year-end as it pushes big plans to grow in China, India and Southeast Asia. While a global shortage of semiconductors has slammed auto makers, Luke told […]
A fledgling class of crypto that feasts on risk is outshining a wider market paralyzed by war and inflation. Coins backed by gold are newer variants of “stablecoins”, which are typically pegged to the dollar to tame volatility. The largest, Pax Gold or PAXG, has jumped 7.4% in 2022, while main rival Tether Gold has […]
Many investors, analysts and investment bankers expect Twitter Inc’s board of directors to reject Elon Musk’s $43 billion acquisition offer in the coming days as inadequate, but how would the social media company then proceed? Twitter shares dropped on Thursday after Musk unveiled his offer, as the market deemed it too low and too thin […]
China’s supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency quoted Vice Premier Liu He as saying. Growing COVID-19 flare-ups are snarling China’s logistics chains, clogging highways and ports, stranding workers and shutting countless factories. The disruptions are already spilling over […]
With a stable of businesses ranging from electric cars to private rocket ships, iconoclastic billionaire Elon Musk has become the richest person in the world by building a fortune firmly planted in 21st century technology. With an all-cash $43 billion offer to buy Twitter Inc, Musk may soon emulate the tycoons of the past by […]