Search results for "tech giant"

Tencent Cloud launches its first Internet data center in Indonesia

Tencent Cloud, the cloud division of Shenzhen-based tech giant Tencent, announced Sunday the launching of its first Internet Data Center (IDC) in Indonesia to meet the growing regional demand for cloud services. With the opening of its Jakarta center, Tencent Cloud adds to its global footprint with an infrastructure network that now spans across 27 […]

China's Huawei says 2020 sales rose despite US sanctions

Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security. China’s first global tech brand reported sales of phones, network gear and other technology rose 3.8% over 2019 […]

China cuts taxes to spur semiconductor development

China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies. Leaders declared accelerating efforts to transform China into a self-reliant “technology power” to be this year’s top economic […]

The gate of China Europe ‍international business school

China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing over trade, technology and human rights. On Monday, that image shattered when the European Union joined Washington, Britain and Canada in imposing sanctions on Chinese officials over accusations they abused ethnic minorities. Beijing […]

Microsoft to start bringing workers back to headquarters

Microsoft will begin bringing workers back to its suburban Seattle global headquarters on March 29 as the tech giant starts to reopen more facilities it largely shuttered during the coronavirus pandemic. In a post Monday on the company’s corporate blog, Executive Vice President Kurt DelBene said Microsoft has been monitoring local health data and decided […]

ByteDance acquires gaming studio Mooton, flaring up rivalry with Tencent

TikTok parent company ByteDance announced on Monday that its video games arm, Nuverse, has acquired China-based Mooton Technology, as the company looks to further expand within the gaming industry, Reuters reported. ByteDance’s desire to bolster its position within the video gaming industry, places it directly in competition with China’s largest social media and gaming company […]

Apple ordered to pay $308.5 million in patent infringement case

Apple Inc. has been slapped with a $308.5 million penalty to be paid to Personalized Media Communications (PMC) following a decision by a federal judge in Texas that found the company infringing a tech patent related to data rights management. The patent in question primarily dealt with a “method of decrypting programming at a receiver […]

Walmart, Tencent, Japan Post acquire 13% of troubled Rakuten

Japanese e-commerce giant Rakuten sold on Monday 13 percent of its shares, worth $2.2 billion, to several new investors, as the company attempts to strengthen its balance sheet, while rolling out a more aggressive mobile strategy. The new investors into Rakuten are Japan Post – the country’s largest insurer and bank by deposit, as well […]

Google ends sale of ads using individual web tracking data

Google says it won’t develop new ways to follow individual users across the internet after it phases out existing ad-tracking technology from its Chrome browser, a change that could shake up the online advertising industry. Google says it’s taking the move to protect user privacy. It’s part of a broader shift in the industry as […]