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, […]
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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 […]
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 […]
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 […]
China said on Friday that it will help hundreds of companies in key sectors to resume production in locked-down Shanghai, the commercial capital at the centre of the country’s latest COVID-19 outbreak, as businesses warn of the growing economic toll of restrictions. The announcement comes as a growing number of business leaders and analysts warn […]
Twitter Inc adopted a ‘poison pill’ on Friday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company. Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in assets under management as of […]
Three Chinese astronauts returned to earth on Saturday after 183 days in space, state television reported, completing the country’s longest crewed space mission to date. The astronauts landed nine hours after they left a key module of China’s first space station. While in orbit, the Shenzhou-13 mission astronauts took manual control in the Tianhe living […]
Automakers in China may have to suspend production in May if suppliers in Shanghai and surrounding areas are not able to resume work, He Xiaopeng, the chief executive officer of Chinese electric-car maker Xpeng, said on Thursday. Growing lockdowns to stop the spread of COVID-19 in China are clogging highways and ports and shutting countless […]