Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to select tools and services the Canadian tech giant offers and integrate it with their own online platform. The company said it had signed up toymaker Mattel Inc for the product, and was looking to bring other enterprise […]
USA
Chinese technology giant Huawei will bring in more patent income than it pays to other companies for their patents for the second straight year in 2022, as it seeks to offset the impact of U.S. export curbs on sales in its hardware business, the company announced late Thursday. Huawei, known for its telecoms equipment and […]
Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site’s first apparent widespread service disruption since billionaire Elon Musk took […]
Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on record. The stock gained 3.3 percent on the day. It is set to round off 2022 with a 68 percent drop – the most among […]
Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from China’s relaxed COVID-19 restrictions against concerns about rising infections there. The yield on benchmark U.S. 10-year Treasuries rose for a third straight day, reversing an earlier decline as investors watched […]
Alphabet’s Google said on Friday it will appeal the Indian antitrust watchdog’s ruling that ordered the tech giant to change its approach to its Android platform and imposed a fine of $162 million for anti-competitive practices. The Competition Commission of India (CCI) had said in October that Google leveraged its dominant position in markets such […]
Google-parent Alphabet Inc said on Wednesday it had approved a new equity award for Chief Executive Officer Sundar Pichai that ties more of his pay to performance. The board recognizes Pichai’s “strong performance” as CEO, the company said, adding that the vesting of a significant portion of the award would depend on Alphabet’s total shareholder […]
Chinese technology giant Huawei will bring in more patent income than it pays to other companies for their patents for the second straight year in 2022, as it seeks to offset the impact of U.S. export curbs on sales in its hardware business, the company announced late Thursday. Huawei, known for its telecoms equipment and […]
A $1.7 trillion government funding bill approved by the U.S. Senate Thursday will bolster U.S. regulators and make it easier for states to bring antitrust lawsuits. The Federal Trade Commission (FTC), which has a number of major technology investigations underway, will get $430 million in funding, $53.5 million over last year’s levels “to bolster antitrust, […]
The National Highway Traffic Safety Administration (NHTSA) said on Thursday it has opened two new special investigations into crashes involving Tesla vehicles where advanced driver assistance systems are suspected to have been in use. The new crashes under investigation include an eight-vehicle crash on Nov. 24 on the Bay Bridge in San Francisco in which […]