The new head of the World Trade Organization called Monday for a “technology transfer” when it comes to COVID-19 vaccines and urged member nations to reach a deal to reduce overfishing after years of fruitless talks as she laid out her top priorities after taking office. Director-General Ngozi Okonjo-Iweala, a Nigerian economist and former government […]
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Online review platform Trustpilot said Monday it plans to sell shares in London, in a stock offering that helps shore up the city’s status as a financial hub and destination for tech companies after Brexit. Trustpilot, which is based in Copenhagen, Denmark, said it will hold an initial public offering on the London Stock Exchange […]
President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gary Gensler, a chairman of the Commodity Futures Trading Commission during the Obama administration, has experience as […]
5G is the next significant evolution in the mobile landscape, promising to deliver better and faster connectivity. The technology will also empower innovate variety of existing and new apps, including cloud gaming on the go. Newzoo’s Global Mobile Market Report shows that there will be over 700 million 5G-ready smartphones active in the market this […]
Home-sharing site Airbnb posted a $3.9 billion loss in the fourth quarter of 2020 as it suffered from the pandemic downturn in travel and recorded one-time costs for becoming a public company. In results released Thursday — Airbnb’s first as a publicly traded entity — the company took a charge of $2.8 billion for stock […]
Facebook announced Tuesday that it would lift a ban on Australians viewing and sharing news on its platform after it struck a deal with the government on proposed legislation that would make digital giants pay for journalism. The social media company caused alarm with its sudden decision last week to block news on its platform […]
Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20-centimeter) -wide screen Monday to show off its tech prowess but said it will be sold only in China. The Mate X2 highlights the challenges for Huawei Technologies Ltd. after Washington cut off access to U.S. processor chips and Google services. Last year, […]
South African telecom giant MTN Group announced late last week that it will pledge to achieve net zero emissions by 2040, as it plans to lead by example combatting climate change on the African Continent. With global warming on the rise and impacting countries, communities, and people everywhere, MTN has set science-based targets to achieve […]
China’s top diplomat called Monday for new U.S. President Joe Biden’s administration to lift restrictions on trade and people-to-people contacts while ceasing what Beijing considers unwarranted interference in the areas of Taiwan, Hong Kong, Xinjiang and Tibet. Foreign Minister Wang Yi’s comments at a Foreign Ministry forum on U.S.-China relations come as Beijing presses the […]
The makers of COVID-19 vaccines are figuring out how to tweak their recipes against worrisome virus mutations — and regulators are looking to flu as a blueprint if and when the shots need an update. “It’s not really something you can sort of flip a switch, do overnight,” cautioned Richard Webby, who directs a World […]