Search results for "Didi"

TikTok CEO Seeks to Reassure on EU Rules on Privacy, Child Safety

TikTok Chief Executive Shou Zi Chew on a visit to Brussels on Tuesday sought to reassure the European Union the app would respect the bloc’s increasingly stringent tech rules and commitments to privacy and child safety. The short-video app, which is owned by Chinese technology conglomerate ByteDance, has for the last three years worked to […]

Soccer-Argentina Win Incredible World Cup Final in Shootout

Argentina won their third World Cup in an extraordinary final on Sunday as they beat France 4-2 on penalties after Lionel Messi scored twice in a 3-3 draw and Kylian Mbappe grabbed a hat-trick to bring the holders back from 2-0 and 3-2 down. It was an incredible night of drama, high emotion and fluctuating […]

Truly Autonomous Cars May Be Impossible Without Helpful Human Touch

Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be needed permanently to help robot drivers in trouble. The central premise of autonomous vehicles – that computers and artificial intelligence will dramatically reduce accidents caused […]

SoftBank Seen Posting Bruising Vision Fund Loss on Tech Sell-Off

Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential. With the technology investor poised to post full-year earnings, comments from founder and Chief Executive Masayoshi Son […]

Exclusive-Senior EU Officials Were Targeted with Israeli Spyware-Sources

Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm, according to two EU officials and documentation reviewed by Reuters. Among them was Didier Reynders, a senior Belgian statesman who has served as the European Justice Commissioner since 2019, according to one of the documents. At […]

Beijing Directs Attention towards “Core” Technology Startups

China is keeping up with the rapid speed of technological development, and Beijing is aligning its vision to become the world’s biggest economy with heavy investments into its sector’s core technology startups.   According to the Wall Street Journal, China is restraining the influence of what once were the leading tech companies in the country, and at some point globally, […]

Futures Edge Higher Ahead of Key U.S. Inflation Data

U.S. stock index futures edged higher on Wednesday, with investors bracing for consumer prices data that is expected to show an almost four-decade high in December, while big technology stocks bounced after a bruising selloff at the start of the year. Growth and technology stocks, hit by rising Treasury yields and hawkish commentary from the […]

Beijing tightens tech policies for abroad listing

Beijing is planning to further tighten its grip on its tech sectors as its intensified its tech policies and regulations for overseas listing for China rising tech start-ups. China’s months-long regulatory campaign on its tech titans has left companies craving the sellout of their stakes abroad in order to register with the proposed guidelines by […]